secwatch.observer — SEC 8-K summary
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Issuer:     ANNALY CAPITAL MANAGEMENT INC (NLY)
CIK:        0001043219
Form:       8-K
Filed at:   2026-10-20T20:15:56+00:00
Accession:  0001043219-26-000077
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Annaly Q3 2026 GAAP loss of $1.36/share; EAD $0.80, book value falls to $17.86 from $20.15
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- GAAP net loss of $(1.36) per average common share versus $1.06 income in Q2 2026; annualized GAAP ROE of -24.35% and economic return of -7.6%.
- Earnings available for distribution of $0.80 per share exceeded the $0.75 common dividend; annualized EAD ROE 15.86%, net interest margin 1.54% (1.69% excluding PAA).
- Book value per common share fell to $17.86 from $20.15 at June 30 and $19.25 a year earlier; GAAP leverage rose to 8.0x from 7.4x, economic leverage to 5.9x from 5.6x.
- Total portfolio $106.5B: Agency $91.8B (55% of dedicated capital), residential credit $10.4B (23%), MSR $4.3B (22%); hedge ratio ended at 100%.
- Record $7.4B across 12 residential credit securitizations and record $5.8B whole-loan fundings; raised $757M via ATM; redeemed $442.5M Series I preferred on Oct. 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043219/000104321926000077/0001043219-26-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043219/000104321926000077/nly-20261020.htm
  HTML page:      https://secwatch.observer/filing/0001043219-26-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer