Earnings Snapshot: Dynex Capital reports $43.3 million Q4 profit
Glen Allen, Virginia-based Dynex Capital made a profit of 85 cents per share
By AP News
Published - Jan 30, 2023, 10:07 AM ET
Last Updated - Jun 23, 2023, 12:18 AM EDT
GLEN ALLEN, Va. (AP) _ Dynex Capital Inc. (DX) on Monday reported a fourth-quarter profit of $43.3 million.
On a per-share basis, the Glen Allen, Virginia-based company said it had a profit of 85 cents. Earnings, adjusted for non-recurring gains, came to 3 cents per share.
The mortgage real estate investment trust posted revenue of $30.5 million in the period. Its adjusted revenue was $6.2 million.
For the year, the company reported a profit of $143.2 million, or $3.17 per share. Revenue was reported as $43.1 million.