REIT Dynex Capital reports Q2 net loss, book value down

Overview

• Dynex Capital Q2 2025 net loss of $0.14 per share

• Book value per share declines to $11.95, offset by $0.51 dividends

• Company raised $282 mln through at-the-market (ATM) stock issuances

Result Drivers

• CAPITAL RAISE - Dynex raised $282 mln through ATM stock issuances, enhancing liquidity and investment capacity

• SECURITIES INVESTMENT - Co invested $1.9 bln in Agency RMBS and $364 mln in Agency CMBS, with increased TBA investments by $953 mln

• RISK MANAGEMENT - Focus on liquid, transparent securities supports stability and risk management, per Co-CEO Smriti Laxman Popenoe

Key Details

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