American Capital Agency Earnings: Decreases Costs, Increases Margins, Leverage And Book Value

On Wednesday, May 2, 2012, after the markets closed, American Capital Agency Corp (AGNC), reported earnings for the first quarter of 2012. The mortgage REIT Q1 reported net income $641 million, or $2.66 per share, comprehensive income of $587 million, or $2.44 per share. The company also reported that as of the end of March, AGNC's net book value was $29.06 per share.

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