Western Asset Mortgage Capital (WMC) Reports Q4 EPS of $0.39

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Western Asset Mortgage Capital Corporation Announces Fourth Quarter And Full Year 2015 Results

March 1, 2016 6:55 AM EST

PASADENA, Calif., March 1, 2016 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today reported its results for the fourth quarter and year ended December 31, 2015.

FOURTH QUARTER 2015 HIGHLIGHTS

$0.58 per share common dividend declared GAAP net loss of $20.1 million, or $0.49 per basic and diluted share Core earnings plus drop income of $16.6 million, or $0.39 per basic and diluted share1,2 2.18% weighted average net interest spread on our investment portfolio, including interest only ("IO") securities accounted for as derivatives1 Constant prepayment... More