AGNC Q2 2026: $0.52 EPS, 6.7% Economic Return; CEO Adopts 10b5-1 Plan
AGNC sits 16% above its 52-week low of $9.31.
Summary
AGNC reported Q2 2026 comprehensive income of $0.52 per share and a 6.7% economic return on tangible common equity. CEO Peter Federico adopted a Rule 10b5-1 trading plan for up to 203,382 shares.
Key Events · Earnings and Guidance · AGNC
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Q2 Comprehensive Income of $0.52/Share
Comprehensive income reached $0.52 per diluted common share, a sharp reversal from the $0.18 per share loss in Q1 2026. The swing was powered by net interest income of $305 million and a $379 million gain on other activities.
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6.7% Economic Return on Tangible Common Equity
The economic return combined $0.36 in dividends declared with a $0.20 increase in tangible net book value per share, which rose to $8.58. Favorable Agency RMBS performance and effective hedging drove the improvement.
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Portfolio Growth and Stable Leverage
The investment portfolio, inclusive of TBAs, grew to $97.2 billion from $94.7 billion at March 31, 2026. At-risk leverage remained at 7.4x tangible equity, signaling disciplined balance sheet management.
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CEO Adopts 10b5-1 Trading Plan
On June 1, 2026, CEO Peter Federico adopted a Rule 10b5-1 trading plan that allows for the potential sale of up to 203,382 shares through December 31, 2026. This is a pre-planned, routine arrangement.
Analysis · AGNC · Real Estate & Construction
A strong second quarter saw AGNC deliver comprehensive income of $0.52 per share and a 6.7% economic return on tangible common equity, fueled by favorable Agency RMBS performance and effective hedging. Tangible book value per share climbed to $8.58. The portfolio expanded to $97.2 billion, while leverage held steady at 7.4x. In a separate disclosure, CEO Peter Federico adopted a pre-arranged stock trading plan covering up to 203,382 shares—a routine filing that nonetheless merits attention given his position.
At the time of this filing, AGNC was trading at $10.80 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $12.5B. The 52-week trading range was $9.31 to $12.19. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.