ARMOUR Residential REIT posts Q3 loss due to widening mortgage spreads
ARR•ARMOUR Residential REIT reported a Q3 GAAP net loss and a decline in book value, while distributable earnings were $102.3 million and net interest income was $83.7 million. It declared a monthly common dividend of $0.24 per share for November 2026.
1. Quarterly results
ARMOUR Residential REIT reported a Q3 GAAP net loss and a decline in book value. Distributable earnings were $102.3 million, and net interest income was $83.7 million.
2. Loss drivers and dividend
The company said widening mortgage spreads and rising interest rates late in the quarter led to losses on mortgage-backed securities and Treasury securities. Gains on interest rate swaps and futures contracts partially offset those losses. ARMOUR declared a monthly common dividend of $0.24 per share for November 2026 and said future dividend rates will depend on its results, financial position and market conditions.
