Dynex Capital: Fourth Quarter Earnings Overview

Dynex Capital Reports Fourth-Quarter Earnings

Dynex Capital Inc., headquartered in Glen Allen, Virginia, announced a net income of $185.4 million for the fourth quarter.

The company’s earnings translated to $1.16 per share, while adjusted earnings, which exclude one-time gains, stood at 22 cents per share.

During this period, the mortgage real estate investment trust recorded total revenue of $177 million, with adjusted revenue amounting to $43.5 million.