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AGNC INVESTMENT CORP FOR IMMEDIATE RELEASE April 26 , 2021 CONTACT : Investors ( 301 ) 968-9300 Media ( 301 ) 968-9303 AGNC INVESTMENT CORP . ANNOUNCES FIRST QUARTER 2021 FINANCIAL RESULTS Bethesda , MD - April 26 , 2021 - AGNC Investment Corp. ( " AGNC " or the " Company " ) ( Nasdaq : AGNC ) today announced financial results for the quarter ended March 31 , 2021 . FIRST QUARTER 2021 FINANCIAL HIGHLIGHTS • $ 1.33 comprehensive income per common share , comprised of : • • ° $ 1.77 net income per common share $ ( 0.44 ) other comprehensive loss ( " OCI " ) per common share on investments marked - to- market through OCI $ 0.76 net spread and dollar roll income per common share , excluding estimated " catch - up " premium amortization benefit ° ° 1 Includes $ 0.29 per common share of dollar roll income associated with the Company's $ 32.0 billion average net long position in forward purchases and sales of Agency mortgage - backed securities ( " MBS " ) in the " to - be - announced " ( " TBA " ) market Excludes $ 0.40 per common share of estimated " catch - up " premium amortization benefit due to change in projected constant prepayment rate ( " CPR " ) estimates $ 17.72 tangible net book value per common share as of March 31 , 2021 о Increased $ 1.01 per common share , or 6.0 % , from $ 16.71 per common share as of December 31 , 2020 • $ 0.36 dividends declared per common share for the first quarter • 8.2 % economic return on tangible common equity for the quarter о Comprised of $ 0.36 dividends per common share and $ 1.01 increase in tangible net book value per common share