AGNC Funding Corp (Nasdaq: AGNC) closed at roughly $11.80, down modestly intraday with the share worth declining about 0.5% following the discharge of fourth-quarter 2025 outcomes. The corporate’s inventory traded close to session highs of roughly $11.96 and lows close to $11.67.
At as we speak’s shut, AGNC Funding Corp reported an intraday proportion transfer of round -0.5% on the Nasdaq. AGNC’s market capitalization stood at about $12.7 billion based mostly on the newest share depend and shutting worth.
Quarterly Outcomes – Fourth Quarter 2025
For the quarter ended December 31, 2025, AGNC Funding Corp reported complete complete earnings of $0.89 per widespread share composed of web earnings of $0.83 per share and $0.06 per share of different complete earnings from investments marked to market. Internet unfold and greenback roll earnings for the quarter was $0.35 per widespread share excluding estimated catch-up premium amortization. Tangible web ebook worth per widespread share elevated to $8.88 in contrast with $8.28 within the prior quarter. AGNC declared $0.36 in widespread inventory dividends for the quarter. Financial return on tangible widespread fairness for the interval was 11.6%, combining dividends and the rise in tangible web ebook worth.
At quarter finish, AGNC’s funding portfolio totaled $94.8 billion, consisting of Company mortgage-backed securities (MBS), to-be-announced (TBA) positions and credit score danger switch and non-Company exposures. Tangible web ebook worth “in danger” leverage was reported at 7.2 instances tangible fairness and the corporate held unencumbered money and Company MBS of $7.6 billion.
Income and Revenue Development (Quarterly)
For the fourth quarter, the corporate reported income elements related to mortgage-backed securities and associated earnings, with web unfold and greenback roll earnings indicating a continuation of core mortgage funding actions. On a year-over-year foundation, annualized web curiosity unfold for the quarter was 1.81%. AGNC declared dividends totaling $0.36 per widespread share for This fall 2025.
Full-12 months 2025 Outcomes
For the total fiscal 12 months ending December 31, 2025, AGNC Funding Corp reported complete earnings of $1.74 per widespread share, together with web earnings of $1.47 per share and $0.27 per share of different complete earnings. Internet unfold and greenback roll earnings for the total 12 months was $1.50 per widespread share. The corporate declared $1.44 in dividends per widespread share for the 12 months. Financial return on tangible widespread fairness for 2025 was 22.7%, comprised of complete dividends and a rise in tangible web ebook worth relative to the prior 12 months. Whole inventory return for 2025 was reported at 34.8%, incorporating share worth motion and dividends.
Section Highlights
Company MBS and TBA Securities: The majority of AGNC’s funding portfolio, together with fixed-rate and ahead positions, comprised Company MBS and associated securities, accounting for many portfolio belongings.
Internet Unfold and Greenback Roll Revenue: Internet unfold and greenback roll earnings remained a key efficiency indicator for the corporate’s core mortgage investing exercise.
Liquidity and Leverage: AGNC maintained a leverage ratio measured towards tangible web ebook worth, with vital unencumbered liquidity in money and Company securities.
Dividend
The corporate declared quarterly dividends totaling $0.36 per widespread share within the fourth quarter, paid in three installments of $0.12 per share to stockholders of report on the finish of October, November, and December 2025.
From its Could 2008 preliminary public providing by the fourth quarter of 2025, the corporate has declared $15.5 billion in widespread inventory dividends, equal to $50.08 per widespread share.
The corporate additionally printed the tax traits of 2025 distributions for widespread and most well-liked inventory dividends on its web site.
Market Response
AGNC’s inventory efficiency on the day of the earnings launch mirrored these outcomes with share worth volatility accompanied by broader mortgage REIT sector traits.
Commercial
