---
schema_version: "secwatch.filing_event.v1"
accession: "0001043219-25-000007"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:40:34.575611+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Annaly Q3 GAAP EPS $1.21, book value $19.25; raises $1.1B capital

## Summary
- GAAP net income $1.21 per share; EAD $0.73; common dividend $0.70 per share.
- Book value per share $19.25, up from $18.45 in Q2; economic return 8.1% for Q3.
- Raised $1.1B accretive capital: $823M common ATM, $275M Series J preferred.
- Agency portfolio grew 10% to $87.3B; residential credit hit record securitization volume.
- Entered MSR subservicing relationship with PennyMac, purchasing $12B UPB of MSR.

## SEC filing metadata
- accession: 0001043219-25-000007
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000104321925000007/0001043219-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000104321925000007/nly-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043219-25-000007
- JSON: https://secwatch.observer/filing/0001043219-25-000007.json
- Plain text: https://secwatch.observer/filing/0001043219-25-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.