AG Mortgage Investment Trust, Inc. Reports Third Quarter 2025 Results

Core Insights - AG Mortgage Investment Trust, Inc. reported strong financial results for the third quarter of 2025, highlighting increased book value, supported dividends, and strategic growth through an expanded stake in Arc Home [2][5]. Financial Highlights - Book value per share as of September 30, 2025, was $10.46 [5]. - The quarterly economic return on equity was 2.7% [5]. - Net income available to common stockholders was $0.47 per diluted share [5]. - Earnings Available for Distribution (EAD) was $0.23 per diluted share [5]. - A dividend of $0.21 per common share was declared for the third quarter of 2025 [5][30]. - The investment portfolio totaled $8.8 billion as of September 30, 2025 [5]. - The net interest margin was 0.7%, benefiting from interest rate swaps [5]. - Total liquidity was reported at $104.2 million as of September 30, 2025 [5]. Acquisition Details - The company acquired an additional 21.4% interest in Arc Home, increasing ownership from 44.6% to 66.0% [5]. - The investment in Arc Home was valued at $49.2 million using a multiple of 1.025x book value [5]. - The acquisition was supported by a fairness opinion from Keefe, Bruyette & Woods [5]. Financing and Leverage - Total financing as of September 30, 2025, was $8.4 billion, comprising $7.4 billion of non-recourse and $1.0 billion of recourse financing [5]. - The GAAP leverage ratio was 14.9x, while the economic leverage ratio was 1.7x [5]. Upcoming Events - The company will host a conference call on November 4, 2025, to discuss the third quarter earnings [6][29].