Dynex Capital posts Q3 2026 loss, book value falls to $10.91 per share
Dynex Capital reported a net loss of $338.3 million for the quarter ended September 30, 2026, translating to GAAP earnings of –$1.34 per share. Book value per common share dropped 15.4% to $10.91, down from $12.90 at the end of June. The investment portfolio grew 3% to $28.3 billion and the company raised $384 million of capital, including a $120 million Series D preferred equity issuance. Leverage increased to 9.0 times equity.
Why it matters
The loss and book‑value decline pressure Dynex’s share price, which fell 2‑4% in trading after the release. The capital raise expands the equity base, giving the REIT capacity to deploy funds into higher‑yielding mortgage assets.
Key facts
- 1Net loss for Q3 2026 was $338.3 million. tradingview.com
- 2GAAP EPS for the quarter was –$1.34 per share. seekingalpha.com
- 3Book value per common share declined to $10.91, down from $12.90 at June 30 2026. tradingview.com
- 4Total investment portfolio increased to $28.3 billion, a ~3% rise from June 30 2026. tradingview.com
- 5The company raised $384 million of capital, including $268 million via ATM and $116 million from Series D preferred stock. tradingview.com
- 6Leverage at quarter‑end was 9.0 times shareholders’ equity. finance.yahoo.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.