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Western Asset Mortgage Capital (WMC) Tops Q4 EPS by 4c

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Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2020 Results

March 3, 2021 5:15 PM EST

Conference Call and Webcast Scheduled for Tomorrow, Thursday, March 4, 2021 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time

PASADENA, Calif.--(BUSINESS WIRE)-- Western Asset Mortgage Capital Corporation (the Company or "WMC") (NYSE: WMC) today reported its results for the fourth quarter and the year ended December 31, 2020.

FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS

GAAP book value per share of $4.20, increased $0.13 from $4.07 in the third quarter GAAP net income of $10.8 million, or $0.18 per basic and diluted share. Core earnings of $7.2 million, or $0.12... More