AG Mortgage Investment Trust (MITT) Tops Q3 EPS by 81c

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

November 5, 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 September 30, 2021.

Q3 2021 PERFORMANCE AND HIGHLIGHTS

$16.92 Book Value per share and $16.45 Adjusted Book Value per share as of September 30, 2021 compared to $15.18 and $14.72 as of June 30, 2021, respectively(1) Increase of approximately 12% from June 30, 2021 Quarterly economic return of 13.2%, compared to 4.6% for the quarter ended June 30, 2021(2) $2.2 billion Investment Portfolio compared to $2.0 billion as of June 30, 2021(3)(4) Fully exited all legacy... More