Dynex Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	531.04	377.1	119.64	332.04	366.02
Long-Term Investments	1,714	618.46	158.2	301.75	170.52
Trading Asset Securities	10.5	0.13	54.36	7.1	7.97
Loans & Lease Receivables	-	1.13	1.79	2.62	4.27
Other Receivables	85.37	43.29	30.04	25.61	16.96
Restricted Cash	399.34	244.44	118.23	117.84	55.28
Other Long-Term Assets	14,602	6,900	5,887	2,818	3,019
Total Assets	17,342	8,185	6,370	3,605	3,640
Accrued Expenses	95.2	44.67	53.19	16.45	1.37
Short-Term Debt	4.83	22.81	-	22.6	-
Current Portion of Long-Term Debt	13,904	6,563	5,381	2,644	2,850
Other Current Liabilities	45.54	16.5	56.32	9.54	10.85
Other Long-Term Liabilities	830.23	352.54	8.4	10.92	6.33
Total Liabilities	14,880	7,000	5,499	2,704	2,868
Common Stock	1.75	0.85	0.57	0.54	0.37
Additional Paid-In Capital	2,922	1,742	1,404	1,358	1,108
Retained Earnings	-441.94	-493.73	-483.61	-383.22	-451.45
Comprehensive Income & Other	-127.06	-172.49	-158.5	-181.35	6.73
Total Common Equity	2,354	1,077	762.89	793.49	663.44
Shareholders' Equity	2,462	1,185	870.74	901.33	771.28
Total Liabilities & Equity	17,342	8,185	6,370	3,605	3,640
Total Debt	13,909	6,586	5,381	2,667	2,850
Net Cash (Debt)	-13,368	-6,209	-5,207	-2,328	-2,476
Net Cash Per Share	-106.88	-87.13	-95.00	-54.46	-75.57
Filing Date Shares Outstanding	199.59	90.47	58.54	53.84	36.67
Total Common Shares Outstanding	174.81	84.49	57.04	53.64	36.67
Working Capital	-13,024	-5,981	-5,167	-2,208	-2,412
Book Value Per Share	13.47	12.75	13.38	14.79	18.09
Tangible Book Value	2,354	1,077	762.89	793.49	663.44
Tangible Book Value Per Share	13.47	12.75	13.38	14.79	18.09

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.