MFA Financial, Inc. reported a total economic return of 1.9% for the first quarter of 2025. The company generated GAAP net income of $33.0 million, or $0.32 per basic common share, and distributable earnings of $30.6 million, or $0.29 per basic common share. The company also increased its regular cash dividend to $0.36 per common share.

MFA Financial reported their financial results for the fourth quarter and full year ended December 31, 2024. They acquired $1.2 billion of loans and securities, including $470 million of Non-QM residential loans and $463 million of Agency MBS.

MFA Financial reported strong third quarter results, with distributable earnings of $0.37 per share. The economic book value rose approximately 1% to $14.46 per share. The company purchased or originated over $565.2 million of residential mortgage loans and added $294 million of Agency MBS.

MFA Financial reported strong results for Q2 2024, generating distributable earnings of $0.44 per share and an increase in economic book value to $14.34 per share. The company acquired $688 million in residential mortgage loans and $176 million in Agency MBS. On the liability side, MFA repaid $170 million in convertible notes and issued $75 million in senior unsecured notes. They also completed two securitizations collateralized by $557 million of Non-QM and Transitional loans and benefited from a $3.3 billion interest rate swap position.

MFA Financial announced its Q1 2024 financial results, reporting strong distributable earnings despite a modest impact on book value from higher interest rates. The company acquired or originated $652 million of residential mortgage loans, including over $400 million of new business purpose loans originated by Lima One Capital. They also benefited from their interest rate swap position and maintained healthy net interest spread and margin.

MFA Financial reported strong earnings to conclude 2023, with a total economic return of 7.8% and distributable earnings exceeding the dividend. The company acquired or originated over $850 million of residential mortgage loans, including nearly $600 million in new business purpose loans originated by Lima One. Net interest spread and net interest margin remained healthy at 2.13% and 2.96%, respectively.

MFA Financial, Inc. reported its financial results for the third quarter ended September 30, 2023. Despite a challenging environment for fixed-income investors, the company generated distributable earnings in excess of its dividend, acquired or originated over $800 million of loans, and purchased $152 million of Agency MBS. Lima One originated a record $671 million of new loans during the quarter. The net interest spread increased to 2.17%, and the net interest margin rose to 3.02%.

MFA Financial reported distributable earnings exceeding its dividend amidst a challenging quarter. The company acquired approximately $1 billion in loans and securities, leading to a 40 bps increase in net interest spread to 2.14%. Lima One originated $584 million in new business purpose loans, a 50% increase from the previous quarter.

MFA Financial reported strong results for Q1 2023, maintaining a stable cost of funds and growing book value despite market volatility. The company benefited from favorable market conditions to price three securitizations and added to its Agency RMBS position. Lima One subsidiary originated $379 million in new business-purpose loans while maintaining underwriting standards.

MFA Financial, Inc. reported its Q4 2022 financial results, highlighting the company's ability to protect book value and preserve capital despite a volatile period for fixed income and mortgages. The company focused on maintaining substantial liquidity, increasing non-mark-to-market financing, and decreasing sensitivity to interest rate increases. Lima One subsidiary's record originations and the company's strategic portfolio adjustments contributed to the overall performance.

MFA Financial reported financial results for the third quarter ended September 30, 2022. The company faced challenging market conditions, but focused on maintaining liquidity, fortifying the balance sheet, and decreasing sensitivity to interest rate increases. The investment portfolio remained essentially unchanged, with loan acquisitions offset by portfolio run-off and asset valuation declines. Overall yields on residential whole loans increased, resulting in a net interest spread increase.

MFA Financial reported a GAAP loss of ($1.06) per common share for Q2 2022. Despite challenging market conditions, the company maintained a substantial cash position, closing the quarter with nearly $400 million in unrestricted cash. The company's GAAP book value decreased to $16.42 per share, and Economic book value declined to $17.25 per share. Distributable Earnings were $47.2 million, or $0.46 per common share.

MFA Financial reported a challenging first quarter due to significant fixed income market volatility, particularly impacting mortgage investments. The company proactively managed risk by increasing interest rate hedges and bolstering its cash position. Despite market value decreases in the loan portfolio, strategic measures mitigated the impact, resulting in a moderate book value decline. The company also saw record loan originations at Lima One and reductions in the REO portfolio.

MFA Financial, Inc. announced its Q4 2021 financial results, highlighting a rise in net interest income due to successful asset acquisitions and record originations at Lima One. The company acquired $1.4 billion of loans and grew the loan portfolio by nearly $800 million. Earnings were $0.08 per common share, impacted by market value decreases in the loan portfolio.

MFA Financial announced its Q3 2021 financial results, highlighted by $2.0 billion in asset acquisitions, a $1.5 billion increase in the loan portfolio, and earnings of $0.28 per common share. The acquisition of Lima One Capital contributed significantly to the quarter's performance. Book value increased by 3.7% to $4.82 per share.

MFA Financial reported a solid second quarter of 2021, with earnings of $0.13 per common share and a total economic return of 2.6%. The company increased net interest income by 16% compared to Q1 2021. Portfolio acquisitions exceeded runoff for the first time since the onset of COVID. The company also completed the acquisition of Lima One Capital.

MFA Financial had a strong first quarter in 2021, earning $0.17 per common share, driven by strong portfolio performance and lower financing costs achieved through securitizations. The company also completed a single family rental securitization in February 2021 and a re-lever of a non-performing loan securitization in March 2021. Subsequent to quarter end, they also executed their fourth Non-QM securitization.

MFA Financial's Q4 2020 financial results reflected a return to normal, with the Apollo/Athene debt fully paid off and associated warrants extinguished. Strong quarter and accretive common stock repurchases mitigated warrant settlement dilution. Two new securitizations were executed, reducing interest costs and generating additional liquidity.

MFA Financial reported improved third quarter results driven by strong housing metrics and tighter credit spreads. The company made progress on initiatives including securitizations and paying off a senior secured term loan. A common stock dividend of $0.05 was paid on October 30th.

MFA Financial's second quarter results were significantly impacted by unusual events and transactions, including gains and losses from asset sales, expenses related to capital raising and forbearance, losses from interest rate swap terminations, and a partial reversal of allowance for credit loss. The company spent the quarter in forbearance, which allowed for more orderly asset liquidation. GAAP book value increased due to earnings, and economic book value also rose due to asset price appreciation on residential whole loans.