CYS Investments (CYS) Reports In-Line Q2 EPS
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CYS Investments, Inc. Announces Second Quarter 2016 Financial Results
July 27, 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 June 30, 2016 (the "Second Quarter").
Second Quarter 2016 Summary Results
June 30, 2016 book value per common share of $9.55, after declaring a $0.25 dividend per common share on June 8, 2016, up from $9.46 at March 31, 2016. GAAP net income available to common stockholders of $51.0 million, or $0.34 per diluted common share. Core Earnings plus Drop Income of $38.7 million ($30.7 million Core Earnings and $8.0 million Drop Income), or $0.26 per diluted common share... More