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WMC - Earnings announcements
Western Asset Mortgage Capital Corporation (WMC) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for WMC
- Western Asset Mortgage Capital Corporation Announces Second Quarter 2023 ResultsConference Call and Webcast Scheduled for Tomorrow, August 9, 2023 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company," "we," or "WMC") (NYSE:WMC) today reported its results for the second quarter ended June 30, 2023. BUSINESS UPDATE The Company continues to execute on its business strategy to take actions to strengthen its balance sheet: For the three months ended June 30, 2023: the Company received $28.4 million from the sale or repayment of Residential Whole Loans and Non-Agency RMBS; the Company received $1.1 million from the repayment or paydown of Commercial Whole Loans, Non-Agency CMBS, and Other Securities; and
- Western Asset Mortgage Capital Corporation Announces First Quarter 2023 ResultsConference Call and Webcast Scheduled for Tomorrow, Friday, May 5, 2023 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE:WMC) today reported its results for the first quarter ended March 31, 2023. BUSINESS UPDATE The Company continues to execute on its business strategy to focus on residential real estate investments and to take actions to strengthen its balance sheet: For the three months ended March 31, 2023, the Company received $36.6 million from the repayment or paydown of Commercial Whole Loans, Non-Agency CMBS, and Other Securities; For the three months ended March 31, 2023, the Company received $3
- Western Asset Mortgage Capital Corporation to Report First Quarter 2023 Financial ResultsWestern Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the first quarter ended March 31, 2023 after the market closes on Thursday, May 4, 2023. The Company will host a corresponding conference call with a live webcast on Friday, May 5, 2023 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time, to discuss those results. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference call live via the Inter
- Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2022 ResultsConference Call and Webcast Scheduled for Tomorrow, Friday, March 3, 2023 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time 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, 2022. FULL YEAR HIGHLIGHTS The Company continues to execute on its business strategy to focus on residential real estate investments, completing securitizations of $834.2 million of Residential Whole Loans in the first and third quarters of 2022 (Arroyo 2022-1 and Arroyo 2022-2), which allowed the Company to secure $750.8 million of long-term fixed rate financing. The Company's core assets have performed
- Western Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 2022 Financial ResultsWestern Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the fourth quarter and year ended December 31, 2022 after the market closes on Thursday, March 2, 2023. The Company will host a corresponding conference call with a live webcast on Friday, March 3, 2023 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference call li
- Western Asset Mortgage Capital Corporation Announces Third Quarter 2022 ResultsConference Call and Webcast Scheduled for Tomorrow, Friday, November 4, 2022 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE:WMC) today reported its results for the third quarter ended September 30, 2022. BUSINESS UPDATE The Company continues to execute on its business strategy to focus on residential real estate investments and to take actions to strengthen its balance sheet: In July 2022, effected a 1-for-10 reverse stock split, which is reflected retroactively in all prior share numbers herein; Also, in July 2022, completed its fourth securitization of $402.2 million of Residential Whole Loans, securing $3
- Western Asset Mortgage Capital Corporation to Report Third Quarter 2022 Financial ResultsWestern Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the third quarter ended September 30, 2022 after the market closes on Thursday, November 3, 2022. The Company will host a corresponding conference call with a live webcast on Friday, November 4, 2022 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time, to discuss those results. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference call live
- Western Asset Mortgage Capital Corporation Announces Second Quarter 2022 Results and Commences Strategic Alternatives Review ProcessConference Call and Webcast Scheduled for Tomorrow, Friday, August 5, 2022 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE:WMC) today reported its results for the second quarter ended June 30, 2022. BUSINESS UPDATE The Company continues to execute on its business strategy to focus on residential real estate investments and to take actions to strengthen its balance sheet: In July 2022, effected a 1-for-10 reverse stock split, which is reflected retroactively in all share numbers herein; Also, in July 2022, completed its fourth securitization of $402.2 million of Residential Whole Loans, securing $351.9 millio
- Western Asset Mortgage Capital Corporation to Report Second Quarter 2022 Financial ResultsWestern Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the second quarter ended June 30, 2022 after the market closes on Thursday, August 4, 2022. The Company will host a corresponding conference call with a live webcast on Friday, August 5, 2022 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time, to discuss those results. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference call live via the
- Western Asset Mortgage Capital Corporation to Report First Quarter 2022 Financial Results and Announces 2022 Annual Meeting and Record DateWestern Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the first quarter ended March 31, 2022 after the market closes on Thursday, May 5, 2022. The Company will host a corresponding conference call with a live webcast on Friday, May 6, 2022 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results and answer questions. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside the United States and referencing "Western Asset Mortgage Capital Corporation." Those interested in listening to the conference cal
- Western Asset Mortgage Capital Corporation Announces Fourth Quarter and Full Year 2021 ResultsConference Call and Webcast Scheduled for Tomorrow, Thursday, March 3, 2022 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time 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, 2021. BUSINESS UPDATE In December 2021, the Company announced its intention to focus its investment strategy on residential real estate related investments, including but not limited to non-qualified mortgage loans, non-agency RMBS, and other related investments. The portfolio transition is expected to be accomplished over 12-18 months. The Company plans to transition out of the commercial investments in i
- Western Asset Mortgage Capital Corporation to Report Fourth Quarter and Full Year 2021 Financial ResultsConference Call and Webcast Scheduled for Thursday, March 3, 2022 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the fourth quarter and year ended December 31, 2021 after the market closes on Wednesday, March 2, 2022. The Company will host a corresponding conference call with a live webcast on Thursday, March 3, 2022 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time, to discuss those results and answer questions. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from ou
- Western Asset Mortgage Capital Corporation Announces Third Quarter 2021 ResultsConference Call and Webcast Scheduled for Tomorrow, Friday, November 5, 2021 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE:WMC) today reported its results for the third quarter ended September 30, 2021. THIRD QUARTER 2021 RESULTS During the third quarter we continued strengthening our balance sheet by refinancing a significant portion of our 6.75% Convertible Senior Unsecured notes due in October 2022 (2022 Notes"), and separately improving liquidity. BUSINESS UPDATE In August 2021, the Company repurchased $22.3 million aggregate principal amount of its 2022 Notes at an approximate 2.8% discount to par value
- Western Asset Mortgage Capital Corporation to Report Third Quarter 2021 Financial ResultsConference Call and Webcast Scheduled for Friday, November 5, 2021 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company") (NYSE:WMC) today announced that it will release financial results for the third quarter ended September 30, 2021 after the market closes on Thursday, November 4, 2021. The Company will host a corresponding conference call with a live webcast on Friday, November 5, 2021 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time, to discuss those results and answer questions. Individuals interested in participating in the conference call may do so by dialing (866) 235-9914 from the United States, or (412) 902-4115 from outside
- Western Asset Mortgage Capital Corporation Announces Second Quarter 2021 ResultsConference Call and Webcast Scheduled for Tomorrow, Wednesday, August 4, 2021 at 11:00 a.m. Eastern Time/8:00 a.m. Pacific Time Western Asset Mortgage Capital Corporation (the "Company" or "WMC") (NYSE:WMC) today reported its results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL RESULTS During the second quarter we continued strengthening our balance sheet by favorably amending two key financing facilities, and improving liquidity. Second quarter financial results included the following: GAAP book value per share was $3.55 at June 30, 2021. Economic book value(2) per share of $3.28 at June 30, 2021. GAAP net loss of $40.2 million, or a net loss of $0.66