For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Residential whole loans | 143,091 | 168,010* | 153,290 | - |
| Securities, at fair value | 45,753 | 38,134* | 27,708 | - |
| Other interest-earning assets | 491 | 419* | 515 | - |
| Cash and cash equivalent investments | 2,591 | 3,397* | 4,278 | - |
| Interest income | 191,926 | 209,960* | 185,791 | - |
| Asset-backed and other collateralized financing arrangements | 127,811 | 122,340* | 124,403 | - |
| Other interest expense | 4,925 | 4,637* | 4,598 | - |
| Interest expense | 132,736 | 126,977* | 129,001 | - |
| Net interest income | 59,190 | 82,983* | 56,790 | - |
| Reversal/(provision) for credit losses on residential whole loans | -242 | 108* | 276 | - |
| Reversal/(provision) for credit losses on other assets | 0 | 0* | 0 | - |
| Net interest income/(expense) after reversal/(provision) for credit losses | 59,432 | 82,875* | 56,514 | - |
| Net gain/(loss) on residential whole loans measured at fair value through earnings | -34,761 | 9,810* | 41,293 | - |
| Impairment and other net gain/(loss) on securities and other portfolio investments | 38,270 | -7,531* | -18,004 | - |
| Net gain/(loss) on real estate owned | -2,981 | -7,660* | 300 | - |
| Net gain/(loss) on derivatives used for risk management purposes | 30,726 | -36,144* | 200 | - |
| Net loss/(gain) on securitized debt measured at fair value through earnings | 19,845 | 18,722* | -24,646 | - |
| Lima one mortgage banking income | 7,660 | 6,066* | 5,594 | - |
| Net realized gain/(loss) on residential whole loans held at carrying value | 0 | -882* | 0 | - |
| Other, net | 1,896 | 10,635* | -9,786 | - |
| Other income/(loss), net | -15,885 | 8,078* | 30,959 | - |
| Compensation and benefits | 22,159 | 23,114* | 18,185 | - |
| Other general and administrative expense | 12,154 | 9,433* | 10,769 | - |
| Loan servicing, financing and other related costs | 9,918 | 2,798* | 10,216 | - |
| Amortization of intangible assets | 300 | 1,300* | 300 | - |
| Operating and other expense | 44,531 | 36,645* | 39,470 | - |
| Income/(loss) before income taxes | -984 | 54,308* | 48,003 | - |
| U.s. federal statutory tax rate | -207 | - | - | - |
| State and local taxes, net of federal income tax effect | 0 | - | - | - |
| Change In Deferred Tax Assets Valuation Allowance | 569 | - | - | - |
| Tax Exempt Income | 1,547 | - | - | - |
| Vie income or loss | -1,584 | - | - | - |
| Trs permanent differences | 16 | - | - | - |
| Basis difference in contributed assets to subsidiaries | 408 | - | - | - |
| Other adjustments | -7 | - | - | - |
| Dividends, dividend equivalents and undistributed earnings allocated to participating securities | - | - | - | -200 |
| Provision for/(benefit from) income taxes | 0 | -432* | -101 | - |
| Net income/(loss) | -984 | 54,740* | 48,104 | 33,184 |
| Dividends declared on preferred stock | - | - | - | 10,560 |
| Net income/(loss) to common stockholders - basic | - | - | - | 22,424 |
| Dividends, dividend equivalents and undistributed earnings allocated to participating securities | - | - | - | 0 |
| Interest expense on convertible senior notes | - | - | - | 0 |
| Less preferred stock dividend requirement | 10,424 | 7,816* | 10,834 | - |
| Net income/(loss) attributable to common stockholders - diluted | - | - | - | 22,424 |
| Net income/(loss) available to common stock and participating securities | -11,408 | 46,924 | 37,270 | - |
| Basic EPS | -0.11 | 0.454 | 0.36 | 0.22 |
| Diluted EPS | -0.11 | 0.465 | 0.35 | 0.21 |
| Basic Average Shares | 104,253,000 | 103,274,000 | 103,683,000 | 103,705,000 |
| Diluted Average Shares | 106,297,000 | 100,890,000 | 105,746,000 | 105,307,000 |
MFA FINANCIAL, INC. (MFA)
MFA FINANCIAL, INC. (MFA)