Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2020 Results
PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the fourth quarter and the year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS GAAP book value per share of $4.20, increased $0.13 from $4.07 in the third quarter GAAP net income of $10.8 million, or $0.18 per basic and diluted share. Core earnings of $7.2 million, or $0.12 per basic and diluted share.1 Economic return on book value
Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2020 Results
PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company” or "WMC") (NYSE: WMC) today reported its results for the fourth quarter and the year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS GAAP book value per share of $4.20, increased $0.13 from $4.07 in the third quarter GAAP net income of $10.8 million, or $0.18 per basic and diluted share. Core earnings of $7.2 million, or $0.12 per basic and diluted share.1 Economic return on book value