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.
Acquired $2 billion of loans, the highest quarterly total in company history.
Loan portfolio grew by $1.5 billion after runoff.
Earnings per share were $0.28, bolstered by gains from the Lima One acquisition and increased net interest income.
Book value increased by 3.7% to $4.82 per share.
MFA Financial expects to execute additional securitizations in the fourth quarter.
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