AG Mortgage reports Q1 EPS 24c, consensus 25c

Reports Q1 $9.97 Book Value per share. “Despite a challenging macroeconomic backdrop that pressured book values across the industry, our disciplined leverage profile, consistent capital rotation into higher-returning residential investments, and continued focus on scaling profitability at Arc Home produced EAD of $0.26 for the first quarter, more than covering our recently increased 24c dividend” said T.J. Durkin, CEO and President. “Notably, we have been able to raise our common dividend in four of the last six quarters and believe we are well-positioned to drive increased earnings power as we progress through 2026.”