CYS Investments Reports Q1 EPS Of $0.78 - Quick Facts

(RTTNews) - CYS Investments Inc. (CYS) reported net income available to common shares of $125.48 million or $0.78 per share, for the quarter ended March 31, 2014. Core earnings plus drop income was $56.7 million, or $0.35 per share (Core earnings of $45.1 million, or $0.28 per share, and drop income of $11.6 million, or $0.07 per share), for the quarter.

Net interest income was $56.02 million for the quarter.

The company had a net realized and unrealized gain from investments of $105.9 million, which included $16.7 million of net realized gain for the first quarter of 2014.

Book value per share on March 31, 2014 was $9.68, after declaring a $0.32 dividend per share on March 10, 2014.