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Stock impact report

AG Mortgage Investment Trust, Inc. Reports Full Year and Fourth Quarter 2024 Results

AG Mortgage Investment Trust, Inc. (MITT) 
Last ag mortgage investment trust, inc. earnings: 5/3 08:23 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the full year and quarter ended December 31, 2024.MANAGEMENT REMARKS“MITT was able to deliver strong performance despite a challenging macro-economic environment, increasing book value and achieving a 2.4% quarterly economic return on equity, demonstrating its uniquely differentiated strategy,” said T.J. Durkin, Chief Executive Officer and President. “Our ability to leverage the support and power of our external manager, TPG, has not only been instrumental in the WMC acquisition, which has been a resounding success for our shareholders, but has also enabled us to be nimble in asset allocation, seamlessly rotating in multiple flavors of non-agency credit in order to seize strategic market opportunities as they emerge.” Mr. Durkin continued, “I’m looking forward to another great year for MITT as we remain committed to our growth init Show less Read more
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