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American Capital Agency's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stock quotes in this article: AGNC 

American Capital Agency Corp. (AGNC)

Q4 2011 Earnings Call

February 7, 2012 11:00 am ET

Executives

Katie Wisecarver - IR

Malon Wilkus - Chairman & CEO

Sam Flax - Director, EVP & Secretary

John Erickson - CFO & EVP

Gary Kain - President & CIO

Chris Kuehl - SVP, Mortgage Investments

Peter Federico - SVP & CRO

Ernie Bell - VP and Head of Accounting & Reporting

Jason Campbell - SVP and Head of Asset & Liability Management.

Analysts

Arren Cyganovich - Evercore Partners

Jason Weaver - Sterne Ag

Bill Carcache - Nomura Securities

Douglas Harter - Credit Suisse

Bose George - KBW

Joel Houck - Wells Fargo

Mark DeVries - Barclays Capital

Steven Delaney - JMP Securities

Matthew Howlett - Macquarie

Jim Young - West Family Investments

Mike Widner - Stifel Nicolaus

Presentation

Operator

Good morning. My name is Debbie and I will be your conference operator today. At this time, I will like to welcome everyone to the American Capital Agency Shareholders Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions). Thank you.

Ms. Katie Wisecarver, Investor Relations, please go ahead.

Katie Wisecarver

Thanks, Debbie. Thank you for joining American Capital Agency’s Fourth Quarter 2011 Earnings Call. Before we begin, I’d like to review the Safe Harbor statement.

This conference call and corresponding slide presentation contains statements that to the extent they are not recitations of historical facts, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are intended to be subject to the Safe Harbor protection provided by the Reform Act.

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