AGNC is a leveraged Agency MBS mortgage REIT. Q1 2026 spread income covered the common dividend, but tangible book value fell and the common equity remains tied to mortgage spreads, repo funding, hedge performance and leverage.
References
Sources used in this report
SEC datasetSEC company tickers exchange datasetRetrieved 2026-05-15 · Issuer identity, ticker, exchange and CIK cross-check.SEC APIAGNC SEC submissions APIRetrieved 2026-05-15 · Filing chronology, latest filing status and listed security tickers.Quarterly reportQ1 2026 Form 10-Q2026-05-04 · Q1 financial statements, leverage, liquidity, repo funding, margin, risk and capital structure disclosures.Earnings releaseQ1 2026 earnings release exhibit2026-04-20 · Q1 tangible book value, dividend, spread income, portfolio, leverage, liquidity, CPR and hedge metrics.Annual reportFY2025 Form 10-K2026-02-23 · Audited annual report, business model, REIT status, risk factors, internal controls and financial statements.Earnings releaseQ4 and FY2025 earnings release exhibit2026-01-26 · FY2025 economic return, comprehensive income, net spread and dollar roll income, dividend and ATM issuance baseline.Proxy statement2026 proxy statement2026-03-06 · Governance, board, annual meeting and shareholder-vote context.Current report2026 annual meeting Form 8-K2026-04-17 · Annual meeting voting results, director elections and auditor ratification.Prospectus supplementApril 2025 ATM prospectus supplement2025-04-24 · At-the-market common stock issuance framework and program size.Prospectus supplementSeries H preferred stock prospectus supplement2025-09-05 · Series H preferred stock issuance and seniority context.Regulator contextFHFA conservatorship overview2024-02-06 · Official Fannie Mae and Freddie Mac conservatorship background.