Western Asset Mortgage Capital Net Income

Western Asset Mortgage Capital posts a net income of $-2.9M as of September 2023. That compares with $-100M in the prior-year period — up 97.1% year over year. That is below the Finance sector average of $270B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Western Asset Mortgage Capital's net income was $-100M. The latest reading is $-2.9M — a 97.1% year-over-year increase (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

For Finance stocks, a net income near $270B is typical. Western Asset Mortgage Capital's $-2.9M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Western Asset Mortgage Capital's financial statement story. At $-2.9M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for WMC's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $270B), and (3) consistency with growth and profitability. This page covers the first two; Western Asset Mortgage Capital's other metric pages and overview cover the third.