Western Asset Mortgage Capital (WMC) Tops Q3 EPS by 3c
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Western Asset Mortgage Capital Corporation Announces Third Quarter 2020 Results
November 5, 2020 4:39 PM ESTPASADENA, Calif., Nov. 5, 2020 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE: WMC) today reported its results for the third quarter ended September 30, 2020.
THIRD QUARTER 2020 FINANCIAL RESULTS
We made further progress towards strengthening our balance sheet in the third quarter by reducing debt and leverage, while improving liquidity, shareholders equity and the earnings power of the portfolio. We had improved financial results during the third quarter, which included significant recovery in asset valuations, increasing book value by 29.2%. Third quarter financial results included the... More
