Armour Residential REIT, Inc. reported results for the quarter ended Q2 2026 with revenue of $263.9M and diluted EPS of $0.86, marking a year‑over‑year turnaround from a loss in the prior-year quarter as net income rose to $114.8M from a $(75.6M) loss a year earlier.
Financial Highlights
- Revenue was $263.9M interest income for Q2 2026, compared with $180.9M in the year‑ago quarter; YoY change 46.0%.
- Net income was $114.8M for Q2 2026, versus a $(75.6M) loss in the year‑ago quarter; improvement YoY.
- Diluted EPS was $0.86 for Q2 2026, compared with $(0.94) in the year‑ago quarter; turnaround YoY.
Business Highlights
- Portfolio Growth: Average securities portfolio expanded to approximately $20.36B, supporting higher interest income and scale.
- Revenue Momentum: Net interest income rose materially versus the prior year, driven by a larger asset base and improved spreads.
- Risk & Liquidity Focus: Management prioritized hedging, liquidity and diversified funding amid heightened market volatility.
- Operational Channels: Continued active use of repurchase financing, TBAs and derivatives to manage portfolio positioning.
- Capital Formation: Ongoing equity ATM and preferred issuance programs supported incremental capital deployment.
Original SEC Filing:
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