Dec 31, 2019

Annaly Q4 2019 Earnings Report

Annaly's financial performance for Q4 2019 was announced.

Key Takeaways

Annaly Capital Management reported a GAAP net income of $0.82 per average common share and core earnings (excluding PAA) of $0.26 per average common share for Q4 2019. The economic return was 7.6% for the quarter, and the company's book value per common share increased to $9.66.

GAAP net income was $0.82 per average common share for the quarter.

Core earnings (excluding PAA) were $0.26 per average common share for the quarter.

The economic return was 7.6% for the quarter.

Book value per common share increased to $9.66, up from $9.21 in the prior quarter.

Total Revenue
$1.07B
Previous year: $860M
+24.9%
EPS
$1.04
Previous year: $1.16
-10.3%
Net Interest Margin
1.67%
Yield on Assets
3.53%
GAAP Cost of Liabilities
2.01%
Cash and Equivalents
$1.85B
Previous year: $1.74B
+6.6%
Total Assets
$130B
Previous year: $106B
+23.2%

Annaly

Annaly

Forward Guidance

Annaly anticipates a constructive outlook for the year, given a robust global economy, more accommodative Fed policy and increased role for private capital in the housing market.