Earnings ·
MFA Financial, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026
MFAMfa Financial, Inc.
MFA Financial, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. The company generated GAAP net income of $36.2 million, or $0.35 per basic common share, and distributable earnings of $12.2 million, or $0.12 per share. Distributable earnings prior to realized credit losses were $36.7 million, or $0.35 per share. GAAP book value stood at $12.71 per share, while economic book value was $13.20 per share. The residential investment portfolio grew to $13.0 billion from $12.5 billion at the end of the first quarter. MFA acquired over $1.6 billion in assets, including $714 million of Agency MBS and $462 million of Non-QM loans. Lima One originations increased 44% to $316 million. The company repurchased over 500,000 common shares during the quarter. MFA Financial, Inc. is a real estate investment trust that invests in residential mortgage assets and originates business purpose loans.