ARMOUR Residential REIT (ARR) Q2 FY26 earnings call

ARMOUR Residential REIT delivered a strong second quarter, achieving a 4.8% total economic return and growing its capital base despite a challenging macroeconomic environment. The company maintained a near-zero net balance sheet duration and an implied leverage of 7.5 turns, reflecting a cautious yet opportunistic approach. Management continues to prioritize stable common share dividends and disciplined capital deployment through its ATM programs, while closely monitoring Fed policy and inflation trends.