| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Residential whole loans | 153,290 | - | ||
| Securities, at fair value | 27,708 | - | ||
| Other interest-earning assets | 515 | - | ||
| Cash and cash equivalent investments | 4,278 | - | ||
| Interest income | 185,791 | - | ||
| Asset-backed and other collateralized financing arrangements | 124,403 | - | ||
| Other interest expense | 4,598 | - | ||
| Interest expense | 129,001 | - | ||
| Net interest income | 56,790 | - | ||
| Reversal/(provision) for credit losses on residential whole loans | 276 | - | ||
| Reversal/(provision) for credit losses on other assets | 0 | - | ||
| Net interest income after reversal/(provision) for credit losses | 56,514 | - | ||
| Net gain/(loss) on residential whole loans measured at fair value through earnings | 41,293 | - | ||
| Impairment and other net gain/(loss) on securities and other portfolio investments | -18,004 | - | ||
| Net gain/(loss) on real estate owned | 300 | - | ||
| Net gain/(loss) on derivatives used for risk management purposes | 200 | - | ||
| Net gain/(loss) on securitized debt measured at fair value through earnings | -24,646 | - | ||
| Lima one mortgage banking income | 5,594 | - | ||
| Net realized gain/(loss) on residential whole loans held at carrying value | 0 | - | ||
| Other, net | -9,786 | - | ||
| Other income/(loss), net | 30,959 | - | ||
| Compensation and benefits | 18,185 | - | ||
| Other general and administrative expense | 10,769 | - | ||
| Loan servicing, financing and other related costs | 10,216 | - | ||
| Amortization of intangible assets | 300 | - | ||
| Operating and other expense | 39,470 | - | ||
| Income/(loss) before income taxes | 48,003 | - | ||
| Dividends, dividend equivalents and undistributed earnings allocated to participating securities | - | -200 | ||
| Provision for/(benefit from) income taxes | -101 | - | ||
| Net income/(loss) | 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 | 10,834 | - | ||
| Net income/(loss) attributable to common stockholders - diluted | - | 22,424 | ||
| Net income/(loss) available to common stock and participating securities | 37,270 | - | ||
| Basic earnings/(loss) per common share (in dollars per share) | 0.36 | 0.22 | ||
| Basic weighted average common shares outstanding (in shares) | 103,683,000 | 103,705,000 | ||
| Diluted earnings/(loss) per common share (in dollars per share) | 0.35 | 0.21 | ||
| Diluted weighted average common shares outstanding (in shares) | 105,746,000 | 105,307,000 | ||
MFA FINANCIAL, INC. (MFA)
MFA FINANCIAL, INC. (MFA)