AG Mortgage Investment Trust (MITT) Tops Q2 EPS by 19c

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AG Mortgage Investment Trust, Inc. Reports Second Quarter 2021 Results

July 30, 2021 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2021.

Q2 2021 PERFORMANCE AND HIGHLIGHTS

$15.19 Book Value per share and $14.72 Adjusted Book Value per share as of June 30, 2021 compared to $14.78 and $14.28 as of March 31, 2021, respectively(1)(2) Increase of approximately 3% from March 31, 2021 primarily as a result of MTM gains on credit assets Quarterly economic return of 4.6%(3) $2.0 billion Investment Portfolio compared to $1.9 billion as of March 31,... More