AGNC Investment Corp. Files 8-K on Financials

TL;DR

AGNC filed its 8-K on Jan 27, 2025, detailing financial condition and operations.

AI Summary

AGNC Investment Corp. filed an 8-K on January 27, 2025, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to its business as a real estate investment trust. AGNC Investment Corp. is headquartered in Bethesda, MD.

Why It Matters

This filing provides investors with updated financial information and operational details for AGNC Investment Corp., a significant player in the real estate investment trust sector.

Risk Assessment

Risk Level: low — This is a routine financial filing (8-K) that provides standard disclosures and does not indicate any immediate or unusual risks.

Key Players & Entities

• AGNC Investment Corp. (company) — Filer of the 8-K
• 7373 WISCONSIN AVENUE, 22ND FLOOR (location) — Business and mailing address
• BETHESDA (location) — City of business and mailing address
• MD (location) — State of business and mailing address
• 20814 (location) — ZIP code of business and mailing address
• American Capital Agency Corp (company) — Former company name

FAQ

Key Financial Figures

• $0.01 — ich Registered Common Stock, par value $0.01 per share AGNC The Nasdaq Global Select
• $0.10 — per share of common stock, comprised of $0.10 net income per common share and $(0.20)
• $8.41 — hrough OCI; Tangible net book value of $8.41 per share of common stock as of Decembe
• $526 m — ecember 31, 2024, which amount excludes $526 million, or $0.59 per common share, of go
• $0.59 — which amount excludes $526 million, or $0.59 per common share, of goodwill as of Dec
• $73.3 billion — , of goodwill as of December 31, 2024; $73.3 billion fair value of its investment portfolio
• $0.36 — 6% for the fourth quarter, comprised of $0.36 dividend per share of common stock decl
• $6.1 billion — e; Cash and unencumbered Agency MBS of $6.1 billion as of December 31, 2024; and Issued 53
• $511 million — he-Market Offerings for net proceeds of $511 million. Pursuant to the rules and regulations

Filing Documents

• agnc-20250127.htm (8-K) — 42KB
• agnc8kexhibit991123124.htm (EX-99.1) — 526KB
• agnc-20250127_g1.jpg (GRAPHIC) — 715KB
• agnclogowhitespacinghiresaa.jpg (GRAPHIC) — 715KB
• 0001423689-25-000002.txt ( ) — 3460KB
• agnc-20250127.xsd (EX-101.SCH) — 5KB
• agnc-20250127_def.xml (EX-101.DEF) — 20KB
• agnc-20250127_lab.xml (EX-101.LAB) — 40KB
• agnc-20250127_pre.xml (EX-101.PRE) — 20KB
• agnc-20250127_htm.xml (XML) — 8KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition On January 27, 2025, AGNC Investment Corp. issued a press release announcing its financial results for the quarter ended December 31, 2024. The text of the aforementioned press release is included as exhibit 99.1 to this Form 8-K. The press release included the following financial information for the quarter: Total comprehensive loss for the fourth quarter of 2024 of $(0.11) per share of common stock, comprised of $0.10 net income per common share and $(0.20) other comprehensive loss ("OCI") per common share on investments marked-to-market through OCI; Tangible net book value of $8.41 per share of common stock as of December 31, 2024, which amount excludes $526 million, or $0.59 per common share, of goodwill as of December 31, 2024; $73.3 billion fair value of its investment portfolio as of December 31, 2024, inclusive of net forward purchases and sales of Agency mortgage-backed securities, in the "to-be-announced" ("TBA") market; Tangible net book value "at risk" leverage ratio was 7.2x as of December 31, 2024. Tangible net book value "at risk" leverage represents the ratio of the amount outstanding under its investment securities' repurchase agreements, debt of consolidated variable interest entities, net TBA position (at cost) and net receivable / payable for unsettled investment securities outstanding to the sum of total stockholders' equity adjusted to exclude goodwill as of period end (repurchase agreements used to fund U.S. Treasury securities are excluded from the Company's leverage measurement); Economic return on tangible common equity of -0.6% for the fourth quarter, comprised of $0.36 dividend per share of common stock declared during the fourth quarter and $(0.41) decrease in tangible net book value per common share; Cash and unencumbered Agency MBS of $6.1 billion as of December 31, 2024; and Issued 53.2 million shares of common equity through At-the-Market Offerings for net proceeds of $5

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (a) None. (b) None. (c) Exhibits Exhibit No. Description 99.1 Press Release dated January 27, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AGNC I NVESTMENT C ORP . Dated: January 27, 2025 By: /s/ B ERNICE E. B ELL Bernice E. Bell Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR