AG Mortgage Investment Trust, Inc. (MITT) reported first-quarter quarter net income available to common stockholders of $13.4 million, up from $10.95 million in the year ago quarter. However, earnings per share declined to $0.49 from $0.77 in the year ago quarter.
Net Interest Income for the quarter jumped to $31.74 million from $12.17 million last year. Other loss for the quarter was $6.59 million, compared to other income of $808,824 in the prior year quarter.
Core earnings for the quarter increased to $20.54 million or $0.75 per share, from $10.12 million or $0.71 per share in the year ago quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.