Anworth Mortgage Asset Corporation Presents at Wells Fargo Specialty Finance Conference, May-16-2013 . Venue: InterContinental Times Square, New York, New York, United States.

Anworth Mortgage Asset Corporation announced unaudited earnings results for the first quarter ended March 31, 2013. The company reported core earnings available to common stockholders of $22.2 million, or $0.15 per diluted share, for the first quarter ended March 31, 2013. Core earnings consisted of $23.6 million of net income less $1.4 million of dividends paid to preferred stockholders. This compares to core earnings of $21.9 million, or $0.15 per diluted share, for the fourth quarter ended December 31, 2012. For the quarter, net interest income was $22,245,000 against $32,344,000 a year ago. The company reported stockholder equity available to common stockholders at quarter-end was approximately $1.015 billion, which equates to a book value of $7.04 per share and that’s based on approximately 144 million shares of common stock outstanding at March 31. This represents a decrease from its book value of $7.14 per share at December 31, 2012.

Anworth Mortgage Asset Corporation, Q1 2013 Earnings Call, Apr 30, 2013