AGNC Investment Q2 Earnings Miss Estimates, Book Value Declines Y/Y

Key Takeaways AGNC posted Q2 net spread income of 38 cents per share, missing estimates and down from 53 cents a year ago. The company's average asset yield rose to 4.87%, but the cost of funds climbed to 2.86% from 2% last year. AGNC posted a negative 1% economic return on tangible equity, including a 44-cent dip in book value per share.AGNC Investment Corp.’s (AGNC) second-quarter 2025 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 38 ...