BETHESDA, Md. , April 10, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced preliminary estimates for certain financial measures for the first quarter 2025:

As of March 31, 2025, AGNC's tangible net book value was estimated to be $8.25 per common share;For the first quarter 2025, AGNC's total comprehensive income was estimated to be $0.12 per common share;For the first quarter 2025, AGNC's net spread and dollar roll income (a non-GAAP financial measure) was estimated to be $0.44 per common share, excluding less than $(0.01) per common share of estimated "catch-up" premium amortization cost;1As of March 31, 2025, AGNC's total investment portfolio was approximately $78.9 billion, which includes approximately $7.5 billion of To-Be-Announced ("TBA") Agency MBS and $0.9 billion of credit risk transfer and non-Agency securities and other mortgage credit investments;As of March 31, 2025, AGNC's tangible net book value "at risk" leverage ratio was approximately 7.5x;2 For the first quarter 2025, AGNC's estimated economic return on tangible common equity was 2.4%, comprised of $0.36 of dividends declared per common share and an estimated $(0.16) decrease in tangible net book value per common share;As of March 31, 2025, AGNC had approximately $6.0 billion of cash and unencumbered Agency MBS, which represented approximately 63% of the Company's tangible equity;As of March 31, 2025, AGNC's hedge portfolio covered approximately 91% of the Company's funding liabilities,3 and its duration gap4 was approximately 0.4 years; andDuring the first quarter 2025, the Company issued 49.7 million shares of common stock for net proceeds of $509 million.