Dynex Capital Inc: reports Q3 2026 results

What happened

• Dynex Capital, Inc. announced financial results for the quarter ended Sep 30, 2026 in a press release dated Oct 19, 2026. The press release reported total economic return of $(1.48) per common share, or (11.5)% of beginning book value, and book value per common share of $10.91 as of Sep 30, 2026 (down $(1.99) from $12.90 as of Jun 30, 2026).
• The press release also reported comprehensive loss of $(1.49) per common share, net loss of $(1.34) per common share, and dividends declared of $0.51 per common share.

Key details

• Total investment portfolio of $28,300,000,000 as of Sep 30, 2026, up 3% from Jun 30, 2026, driven by $3,200,000,000 of mortgage-backed securities purchases.
• Agency RMBS, including TBAs, totaled $26,800,000,000 (95% of portfolio); agency CMBS totaled $1,400,000,000 (5% of portfolio); 99.99% of the portfolio is in agency securities.
• Liquidity of $1,300,000,000 of cash and unpledged securities, representing 42% of total equity, as of Sep 30, 2026.
• Leverage including TBA securities at cost was 9.0 times shareholders' equity as of Sep 30, 2026, versus 8.1 times as of Jun 30, 2026.
• Capital raised of $384,000,000 net during the quarter, including $268,000,000 of common equity through the ATM program and $116,000,000 through issuance of 9.375% Series D fixed-rate cumulative redeemable preferred stock.

Why it may matter

• This Form 8-K reports Item 2.02 (results of operations and financial condition) and includes the company’s third quarter 2026 financial results as announced in the Oct 19, 2026 press release. A filing does not show why the insider traded or why the company acted.