Capstead Mortgage (CMO) Misses Q3 EPS by 2c
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Capstead Mortgage Corporation Announces Third Quarter 2020 Results
October 28, 2020 4:30 PM EDTDALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (Capstead or the Company) (NYSE: CMO) today announced financial results for the quarter ended September 30, 2020.
Third Quarter 2020 Summary
Recognized GAAP net income of $29.1 million or $0.25 per diluted common share Generated core earnings of $19.9 million or $0.16 per diluted common share, representing an annualized 8.9% return on common equity capital Paid a $0.15 dividend per common share for the fourth consecutive quarter Book value per common share increased $0.01 to $6.80 per common share Agency-guaranteed residential adjustable-rate mortgage (ARM)... More