Quarterly ResultMay 5, 2026, 03:42 PM
MFA Financial Q1 Net Loss $0.98M; EPS $(0.11)
AI Summary
MFA Financial, Inc. reported a net loss of $(984) thousand for the first quarter of 2026, a significant decline from a net income of $41,176 thousand in the prior year's quarter, resulting in a basic loss per common share of $(0.11). This downturn was primarily driven by a substantial net loss on residential whole loans and securities, despite an increase in net interest income. Total assets increased to $13.23 billion, while stockholders' equity decreased to $1.78 billion.
Key Highlights
- Net Loss was $(984) thousand for Q1 2026, compared to net income of $41,176 thousand in Q1 2025.
- Basic Earnings Per Share was $(0.11) for Q1 2026, down from $0.32 in Q1 2025.
- Net Interest Income increased to $59,190 thousand in Q1 2026 from $57,537 thousand in Q1 2025.
- Other Income/(Loss), net, was $(15,885) thousand in Q1 2026, a decrease from $24,512 thousand in Q1 2025.
- Total Assets grew to $13,229,571 thousand as of March 31, 2026, from $13,046,449 thousand at December 31, 2025.
- Total Stockholders' Equity decreased to $1,779,357 thousand as of March 31, 2026, from $1,827,695 thousand at December 31, 2025.
- Operating and Other Expense increased to $44,531 thousand in Q1 2026 from $41,600 thousand in Q1 2025.
- Common stock dividend declared was $0.36 per share for Q1 2026, consistent with Q1 2025.
Price Impact
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