ARMOUR Residential REIT records Q3 net loss amid interest rate volatility and spread widening
ARR ARMOUR Residential REIT Inc
$12.69 -0.94%
View chart & analysis → - 1ARMOUR recorded a GAAP net loss of $327,000,000 related to common stock holders in Q3 2026.
- 2Mortgage spreads widened significantly due to the Fed's 25 basis point interest rate hike in September.
- 3ARMOUR Residential REIT repurchased 363,700 shares of common stock at the end of September.
So what's the key point?
ARMOUR Residential REIT incurred a loss of $327,000,000 because interest rate changes caused loan rate spreads to widen. The company repurchased its own shares during this period.
Source The Motley Fool +1 · View original ↗
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