MFA Financial Q1 2023 net income $64.6M, book value up 1.9% to $15.15

MFA FINANCIAL, INC.

2023-Q1 EPS reported $0.62

GAAP net income $64.6M ($0.63 basic EPS); Distributable Earnings $30.8M ($0.30/share).
GAAP book value $15.15 per share (+1.9% QoQ); Economic book value $16.02 (+3.0%); Total economic return 5.3%.
Three loan securitizations totaling $668M UPB; Loan acquisitions $455.9M, including $364.3M funded business-purpose loans.
Lima One originated $379M business-purpose loans with avg coupon >10%; generated $9.0M fee income.
Debt/Net Equity ratio 3.5x; recourse leverage 1.6x; unrestricted cash $362M.

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 first quarter 2023 results: net income $64.6 million, EPS $0.63 per basic common share ($0.62 per diluted common share).

Period: first quarter 2023
Net income: $64.6 million
EPS: $0.63 per basic common share ($0.62 per diluted common share)
Result: reported results

Exact text from the filing

MFA generated GAAP net income for the first quarter of $64.6 million, or $0.63 per basic common share ($0.62 per diluted common share).

View on SEC.gov

Browse all earnings releases →

MFA FINANCIAL, INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-055838

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.