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Annaly Capital Management reported a GAAP net income of $19.8 million, supported by stable earnings available for distribution and increased agency portfolio investments.
GAAP net income of $0.03 per share; EAD at $0.73 per share
Book value per common share at $18.45
Agency portfolio grew to $71.8 billion, a 6% increase
Net interest margin improved to 1.04% from 0.87% QoQ
Annaly expects continued strong performance from its diversified mortgage portfolio, with stable returns and prudent leverage management.
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