American Capital Mortgage Investment (MTGE) Tops Q3 EPS by 5c
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MTGE Investment Corp. Reports $1.48 Net Income Per Common Share For The Third Quarter And $20.55 Net Book Value Per Common Share
November 2, 2016 4:01 PM EDTBETHESDA, Md., Nov. 2, 2016 /PRNewswire/ -- MTGE Investment Corp. ("MTGE" or the "Company") (Nasdaq: MTGE) today reported net income for the quarter ended September 30, 2016 of $67.9 million, or $1.48 per common share, and net book value of $20.55 per common share.  Economic return, defined as dividends and the change in net book value, was 7.6% for the quarter, or 30.4% on an annualized basis.
THIRD QUARTER 2016 FINANCIAL HIGHLIGHTS
$1.48 net income per common share $0.48 net spread and dollar roll income per common share, excluding estimated "catch-up" premium amortization expense, compared to $0.46 per... More