AG Mortgage Investment Trust (MITT) Tops Q4 EPS by 4c

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Go back to AG Mortgage Investment Trust (MITT) Tops Q4 EPS by 4c

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2023 Results

February 22, 2024 6:30 AM EST

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the full year and quarter ended December 31, 2023.

FULL YEAR AND FOURTH QUARTER 2023 FINANCIAL HIGHLIGHTS

Full Year 2023:

$10.46 Book Value per share as of December 31, 2023 compared to $11.39 as of December 31, 2022(1) $10.20 Adjusted Book Value per share as of December 31, 2023 compared to $11.03 as of December 31, 2022(1) Decrease of approximately (7.5)% from December 31, 2022 Annual Economic Return on Equity of (1.0)%(2) $1.68 and $0.39 of Net Income/(Loss) and... More