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AG Mortgage Investment Trust (AG Mortgage Investment Trust) Retained Earnings : $-516.11 Mil (As of Dec. 2023)


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What is AG Mortgage Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AG Mortgage Investment Trust's retained earnings for the quarter that ended in Dec. 2023 was $-516.11 Mil.

AG Mortgage Investment Trust's quarterly retained earnings declined from Jun. 2023 ($-532.39 Mil) to Sep. 2023 ($-542.78 Mil) but then increased from Sep. 2023 ($-542.78 Mil) to Dec. 2023 ($-516.11 Mil).

AG Mortgage Investment Trust's annual retained earnings declined from Dec. 2021 ($-446.80 Mil) to Dec. 2022 ($-536.49 Mil) but then increased from Dec. 2022 ($-536.49 Mil) to Dec. 2023 ($-516.11 Mil).


AG Mortgage Investment Trust Retained Earnings Historical Data

The historical data trend for AG Mortgage Investment Trust's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AG Mortgage Investment Trust Retained Earnings Chart

AG Mortgage Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -85.92 -518.06 -446.80 -536.49 -516.11

AG Mortgage Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -536.49 -532.22 -532.39 -542.78 -516.11

AG Mortgage Investment Trust Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


AG Mortgage Investment Trust  (NYSE:MITT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.
Executives
Matthew Jozoff director C/O AG MORTGAGE INVESTMENT TRUST, INC., 245 PARK AVENUE, FL. 26, NEW YORK NY 10167
Joseph Lamanna director 226 NORTH LINCOLN STREET, HINSDALE IL 60521
David N Roberts director, officer: Chief Executive Officer 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Nicholas P Smith officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENEUE, 26TH FL., NEW YORK NY 10167
Jenny B Neslin officer: General Counsel & Secretary C/O NORTHSTAR ASSET MANAGEMENT GROUP, 399 PARK AVENUE 18TH FLOOR, NEW YORK NY 10022
Anthony William Rossiello officer: Chief Financial Officer 245 PARK AVENUE 26TH FLOOR, C/O ANGELO, GORDON & CO., L.P., NEW YORK NY 10167
Dianne Hurley director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Thomas Durkin director, officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Alison Halpern officer: Chief Accounting Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Brian Chad Sigman officer: Chief Financial Officer 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Debra Ann Hess director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Andrew L Berger director 860 UNITED NATIONS PLAZA, #15G, NEW YORK NY 10017
Arthur S Ainsberg director C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Raul Enrique Moreno officer: General Counsel and Secretary C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167