AGNC posts Q1 FY26 net loss of $0.17 a share; tangible book value drops 5.6% to $8.38

• AGNC posted a Q1 2026 net loss of $148 million, swinging from net income of $954 million in the prior quarter.
• Total other loss widened to $433 million, driven by $889 million of net unrealized losses on investment securities measured at fair value through net income.
• Tangible net book value per common share fell 5.6% to $8.38, producing an economic return on tangible common equity of -1.6% for the quarter.
• Net spread and dollar roll income per common share climbed to $0.42 as annualized net interest spread widened 25 basis points to 2.06%.
• Portfolio totaled $94.7 billion; management cited March volatility tied to war in Iran and said longer-term outlook for Agency MBS remains constructive.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AGNC Investment Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604201601PR_NEWS_USPR_____PH37310) on April 20, 2026, and is solely responsible for the information contained therein.