Loading...
Loading...
DX| Name | Value |
|---|---|
| Revenues | 51.6M |
| Cost of Revenue | 18.3M |
| Gross Profit | 33.3M |
| Operating Expense | 15.5M |
| Operating I/L | 67.6M |
| Other Income/Expense | -24.3M |
| Interest Income | 30.5M |
| Pretax | 43.3M |
| Income Tax Expense | 24.3M |
| Net Income/Loss | 19.0M |
Dynex Capital, Inc. is a mortgage real estate investment trust that invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. The company focuses on agency and non-agency MBS, including residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS are backed by the U.S. government or government-sponsored entities, while non-agency MBS lack this guarantee. As a real estate investment trust, Dynex Capital, Inc. benefits from tax advantages by distributing at least 90% of its taxable income to stockholders, allowing it to generate revenue from MBS investments while minimizing tax liabilities.
