CYS Investments (CYS) Swings to Q1 Profit
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CYS Investments, Inc. Announces First Quarter 2016 Financial Results
April 20, 2016 4:20 PM EDTNEW YORK--(BUSINESS WIRE)-- CYS Investments, Inc. (NYSE: CYS) ("CYS", "we", "our", or the "Company") today announced financial results for the quarter ended March 31, 2016 (the "First Quarter").
First Quarter 2016 Summary Results
March 31, 2016 book value per common share of $9.46, after declaring a $0.26 dividend per common share on March 8, 2016. GAAP net income available to common stockholders of $56.1 million, or $0.37 per diluted common share. Core earnings plus drop income of $40.3 million ($34.0 million core earnings and $6.3 million drop income), or $0.27 per diluted common share ($0.22 core earnings and $0.05... More