Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 127

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 127
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402,750)$818,000 $243 $— Short TBAs(9,000)130,000 (121,000)— — — (1)The sales or shorts include $60.0 million of interest rate swaps that matured during the six months ended June 30, 2024.(2)As of June 30, 2025, the Company recorded a receivable from broker of $194.9 million and a fair value of $194.9 million related to its short TBAs.

8. Earnings per share

The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 (in thousands, except per share data). Three Months EndedSix Months EndedJune 30, 2025June 30, 2024June 30, 2025June 30, 2024Numerator:  Net Income/(Loss)$3,945 $3,925 $15,422 $24,815 Dividends on preferred stock(5,321)(4,586)(10,625)(9,172)Net Income/(Loss) Available to Common Stockholders$(1,376)$(661)$4,797 $15,643 Denominator:Basic weighted average common shares outstanding29,686 29,474 29,672 29,463 Dilutive effect of restricted stock units (1)— — 25 27 Diluted weighted average common shares outstanding29,686 29,474 29,697 29,490 Earnings/(Loss) Per ShareBasic$(0.05)$(0.02)$0.16 $0.53 Diluted$(0.05)$(0.02)$0.16 $0.53 (1)Restricted stock units issued to certain directors of 20 thousand and 27 thousand were excluded from the computation of diluted earnings per share because its effect would be anti-dilutive for the three months ended June 30, 2025 and 2024, respectively.

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AG Mortgage Investment Trust Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)June 30, 2025

DividendsThe following tables detail the Company's common stock dividends declared during the six months ended June 30