Reports Q1 book value per common share of $13.80. "Our portfolio decisions are a testament to our unwavering commitment to financial prudence and strategic planning, enabling us to confidently navigate through the current market," said Byron Boston, CEO. "Our strong liquidity position, which is comprised mostly of cash – the most liquid asset, and easily financeable Agency mortgage-backed securities, gives us the flexibility to act swiftly on potential opportunities that may arise. We remain diligent in managing our balance sheet, maintaining resilience, and ensuring that we capitalize on the great return opportunities available in this environment. We manage our business for the long term, and we are leaning into our collective experience and discipline to guide our shareholders through an unprecedented macroeconomic environment."
Published first on TheFly
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