Print Page     Close Window     

SEC Filings

10-Q
AGNC INVESTMENT CORP. filed this Form 10-Q on 11/06/2015
Entire Document
 


AMERICAN CAPITAL AGENCY CORP.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
(in millions, except per share data)

 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Interest income:
 
 
 
 
 
 
 
Interest income
$
295

 
$
357

 
$
1,092

 
$
1,141

Interest expense
77

 
88

 
244

 
291

Net interest income
218

 
269

 
848

 
850

Other gain (loss), net:
 
 
 
 
 
 
 
Gain (loss) on sale of agency securities, net
(39
)
 
14

 
(25
)
 
17

Loss on derivative instruments and other securities, net
(778
)
 
(51
)
 
(1,090
)
 
(672
)
Total other gain (loss), net
(817
)
 
(37
)
 
(1,115
)
 
(655
)
Expenses:
 
 
 
 
 
 
 
Management fees
29

 
30

 
88

 
89

General and administrative expenses
5

 
5

 
18

 
17

Total expenses
34

 
35

 
106

 
106

Net income (loss)
(633
)
 
197

 
(373
)
 
89

Dividend on preferred stock
7

 
7

 
21

 
16

Net income (loss) available (attributable) to common stockholders
$
(640
)
 
$
190

 
$
(394
)
 
$
73

 
 
 
 
 
 
 
 
Net income (loss)
$
(633
)
 
$
197

 
$
(373
)
 
$
89

Other comprehensive income (loss):
 
 
 
 
 
 
 
Unrealized gain (loss) on available-for-sale securities, net
467

 
(253
)
 
(14
)
 
1,059

Unrealized gain on derivative instruments, net
24

 
38

 
79

 
121

Other comprehensive income (loss)
491

 
(215
)
 
65

 
1,180

Comprehensive income (loss)
(142
)
 
(18
)
 
(308
)
 
1,269

Dividend on preferred stock
7

 
7

 
21

 
16

Comprehensive income (loss) available (attributable) to common stockholders
$
(149
)
 
$
(25
)
 
$
(329
)
 
$
1,253

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic and diluted
347.8

 
352.8

 
350.9

 
353.5

Net income (loss) per common share - basic and diluted
$
(1.84
)
 
$
0.54

 
$
(1.12
)
 
$
0.21

Dividends declared per common share
$
0.60

 
$
0.65

 
$
1.88

 
$
1.95

See accompanying notes to consolidated financial statements.

3


© AGNC Investment Corp All Rights Reserved