AG Mortgage Investment Trust (MITT) Tops Q3 EPS by 19c

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AG Mortgage Investment Trust, Inc. Reports Third Quarter 2024 Results

November 5, 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 quarter ended September 30, 2024.

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MITT delivered yet another strong quarter as we continue to execute the core business strategy of originating and securitizing residential whole loans, with MITT generating an economic return on equity of 3.9% for the quarter, said T.J. Durkin, Chief Executive Officer and President. With ample liquidity, and our prudent and disciplined approach to employing leverage, we believe MITT is well positioned to take... More