AGNC Investment Corp. (AGNC)

The company now

AGNC Investment Corp. reported a third-quarter 2026 net loss of $1.17 per common share on 19 October 1. Its tangible net book value per common share was $7.13 at 30 September, down 16.9 percent from $8.58 at 30 June 1.

Tangible net book value excludes goodwill, an accounting asset of $526 million that came from buying its former manager in 2016 13. The company's economic return on tangible common equity for the quarter was -12.7 percent, made of $0.36 in dividends declared and a $1.45 fall in tangible net book value per share 1.

Chief executive Peter Federico said the instability in the Treasury market drove pronounced weakness in Agency mortgage-backed securities, which were the worst performing sector of the Bloomberg U.S. Aggregate Bond Index in the quarter 1. The quarterly report adds that the 10-year Treasury yield rose 82 basis points to 5.29 percent and that the Federal Reserve raised its rate by 25 basis points in September 2.

The company issued 97.6 million common shares through its at-the-market program for net proceeds of $992 million, and its leverage measure rose to 7.9 times tangible equity from 7.4 times 1. In October the board replaced its repurchase plan with one authorizing up to $1 billion through 31 December 2028 2.

The open question is how book value moves from here: the chief financial officer said on the earnings call that it had risen about 3 percent since the quarter ended, as reported by MarketBeat 8.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.