Earnings ·
MFA Financial reports Q3 GAAP net loss of $122.4 million, or $1.19 per share
MFAMfa Financial, Inc.
MFA Financial reported a GAAP net loss attributable to common stockholders of $122.4 million, or $1.19 per basic and diluted share, for the third quarter ended September 30, 2026. Distributable earnings were $26.4 million, or $0.26 per share, while distributable earnings prior to realized credit losses stood at $45.3 million, or $0.44 per share. GAAP book value declined to $11.12 per common share, and the company delivered a total economic return of (10.6)%. The firm acquired $1.6 billion in assets during the quarter, including $480.5 million in Non-QM loans, while paying a regular cash dividend of $0.36 per common share. MFA Financial is an internally managed real estate investment trust that invests in U.S. residential mortgage assets.