Company: MITN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050624
Chunk: 128

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 128
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 $846,750 $(1,045,250)$304,500 $— $(86)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 nine months ended September 30, 2024.

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

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 nine months ended September 30, 2025 and 2024 (in thousands, except per share data). Three Months EndedNine Months EndedSeptember 30, 2025September 30, 2024September 30, 2025September 30, 2024Numerator:  Net Income/(Loss)$19,961 $16,640 $35,383 $41,455 Dividends on preferred stock5,3444,71615,96913,888Net Income/(Loss) Available to Common Stockholders$14,617 $11,924 $19,414 $27,567 Denominator:Basic weighted average common shares outstanding31,049 29,493 30,136 29,473 Dilutive effect of restricted stock units15 27 22 27 Diluted weighted average common shares outstanding31,064 29,520 30,158 29,500 Earnings/(Loss) Per ShareBasic$0.47 $0.40 $0.64 $0.94 Diluted$0.47 $0.40 $0.64 $0.93 DividendsThe following tables detail the Company's common stock dividends declared during the nine months ended September 30, 2025 and 2024.Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024Declaration DateRecord DatePayment DateCash Dividend Per ShareDeclaration DateRecord DatePayment DateCash Dividend Per Share3/17/20253/31/20254/30/2025$0.20 3/15/20243/29/20244/30/2024$0.18 6/17/202