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DX| Name | Value |
|---|---|
| Revenues | 38.8M |
| Cost of Revenue | 5.0M |
| Gross Profit | 33.8M |
| Operating Expense | 3.7M |
| Operating I/L | 30.1M |
| Other Income/Expense | 0.9M |
| Interest Income | 83.5M |
| Pretax | 31.0M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | 31.0M |
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.
