AGNC Investment Corp., a real estate investment trust (REIT) that invests in agency mortgage-backed securities, regularly discloses its book value per common share. The company's most recent quarterly report, filed with the U.S. Securities and Exchange Commission for the period ending December 31, 2025, states its book value was $9.21 per common share.
This metric is a key indicator for shareholders, as it represents the net asset value of the company divided by the number of outstanding shares. AGNC's stock price often trades at a premium or discount to this reported book value, reflecting market expectations about interest rates and the mortgage market.
The REIT's performance is highly sensitive to changes in interest rates and the spread between the yield on its mortgage assets and its funding costs. For the fourth quarter of 2025, AGNC reported a comprehensive loss of $0.41 per common share, which includes both net income and changes in the value of its financial instruments.
AGNC provides this book value figure in its quarterly earnings releases and supplemental materials, offering transparency to investors about the underlying value of its portfolio. The company's next earnings report, for the first quarter of 2026, is scheduled for release in late April 2026.
