CYS Investments, Inc. (NYSE:CYS) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
RESULTS OF OPERATIONS AND FINANCIAL CONDITION
CYS Investments, Inc. (NYSE:CYS) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On July26, 2017, CYS Investments, Inc. (the "Company", "we", "us", or "our") issued a press release announcing its financial position as of June30, 2017, results of operations for the three and six months ended June30, 2017, and other related information. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the "Report") and is incorporated herein by reference.
The information in Item 2.02 of this Report, including the information in the press release attached as Exhibit 99.1 to this Report, is furnished to Item 2.02 of Form 8-K and shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore, the information in Item 2.02 of this Report, including the information in the press release attached as Exhibit 99.1 to this Report, shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933.
Forward-Looking Statements Disclaimer
This Report contains “forward-looking statements” made to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including those relating to interest rates and interest rate volatility, the prices, supply and volatility of Agency RMBS, earnings, yields, investment environment, hedges, forward settling transactions, liquidity, prepayments, the anticipated benefits of our portfolio repositioning, and the effect of actions of the U.S. government, the Federal Reserve and the Federal Open Market Committee, on our results. Forward-looking statements typically are identified by use of the terms such as “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “should,” “may” or similar expressions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of the Company's future performance, taking into account all information currently available to the Company. The Company cannot assure you that actual results will not vary from the expectations contained in the forward-looking statements. All of the forward-looking statements are subject to numerous possible events, factors and conditions, many of which are beyond the control of the Company and not all of which are known to the Company, including, without limitation, market conditions and those described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2016, which has been filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect us. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Item 2.02. |
FINANCIAL STATEMENTS AND EXHIBITS |
(d) Exhibits.
99.1 |
Press release, dated July26, 2017, issued by CYS Investments, Inc., providing its financial position as of June30, 2017, and results of operations for the three and six months ended June30, 2017. |
The information contained in the press release attached as Exhibit 99.1 to this Report is furnished and shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release attached as Exhibit 99.1 to this Report shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933, as amended.
CYS Investments, Inc. ExhibitEX-99.1 2 a20170630exhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1CYS Investments,…To view the full exhibit click here
About CYS Investments, Inc. (NYSE:CYS)
CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (approximately three, five, seven or 10 years). In addition, the Company permits investments in collateralized mortgage obligations (CMOs) issued by a Government agency or Government-sponsored entity that are collateralized by Agency RMBS, although it has not invested in any CMOs. In addition to Agency RMBS, the Company invests in the United States Treasuries. The Company also invests in debt securities issued by the United States Department of the Treasury or a Government-sponsored entity that is not backed by collateral. CYS Investments, Inc. (NYSE:CYS) Recent Trading Information
CYS Investments, Inc. (NYSE:CYS) closed its last trading session up +0.03 at 8.41 with 1,116,203 shares trading hands.