Quarterly ResultAug 5, 2026, 08:56 AM
MFA Financial Q2 GAAP EPS $0.35; Net Income $36.2M
AI Summary
MFA Financial, Inc. announced its second quarter 2026 financial results, reporting GAAP net income of $36.2 million, or $0.35 per basic common share. Distributable earnings were $0.12 per share, but $0.35 per share prior to realized credit losses. The company grew its investment portfolio to $13.0 billion, protected book value, and reduced its loan portfolio's 60+ day delinquency rate to 7.0%.
Key Highlights
- GAAP net income to common stockholders was $36.2 million.
- GAAP basic common share earnings were $0.35.
- Distributable earnings were $0.12 per basic common share.
- Distributable earnings prior to credit losses were $0.35 per share.
- GAAP book value was $12.71 per common share.
- Economic book value was $13.20 per common share.
- Total economic return for the second quarter was 2.6%.
- Investment portfolio grew to $13.0 billion at June 30, 2026.
Price Impact
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