MFA Financial reports Q3 GAAP loss of $63.2M; distributable earnings $28.2M

MFA FINANCIAL, INC.

2022-Q3 EPS reported -$2.54

GAAP net loss of $63.2M ($0.62/share); distributable earnings (non-GAAP) of $28.2M ($0.28/share).
Book value per share: GAAP $15.31, economic $15.82; recourse leverage 1.7x; unrestricted cash $434M.
$750M securitized debt issued in Q3, $160M in Oct; 71% of financing non-mark-to-market.
Net interest spread rose to 1.64% (+19.7% QoQ); net interest income $52.3M.
Loan acquisitions $710.4M: $519.6M funded Business Purpose originations, $178.7M Non-QM loans.

item 2.02 item 7.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MFA FINANCIAL, INC. reported the third quarter ended September 30, 2022 results: net income ($63.2) million, EPS ($0.62) per common share.

Period: the third quarter ended September 30, 2022
Net income: ($63.2) million
EPS: ($0.62) per common share
Result: reported results

Exact text from the filing

MFA generated a GAAP loss for the third quarter of ($63.2) million, or ($0.62) per common share.

View on SEC.gov

Browse all earnings releases →

MFA FINANCIAL, INC. filing history →

Source: SEC EDGAR

accession 0001104659-22-114256

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.