Capstead Mortgage Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2012; Provides Financial Guidance for 2013
The company reported net income available to common stockholders of $163,626,000 or $1.50 per diluted common share for the year ended December 31, 2012. This compares to net income available to common stockholders of $160,204,000 or $1.75 per diluted common share for the year ended December 31, 2011. Book value per common share as at December 31, 2012 was $13.58. Interest income was $256,629,000 against $243,378,000 a year ago period.
The company expects 2013 results will be more stable.