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Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2020 Results


Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2020 Results
By
Staff
4 weeks ago
Conference Call and Webcast Scheduled for Tomorrow, Thursday, March 4, 2021 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time
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
1,2 for the quarter. ....

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