---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-087076"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:03:50.191675+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MFA Financial Q2 2023 GAAP net loss $34.1M, distributable earnings $0.40/share

## Summary
- GAAP net loss $34.1M ($0.34/diluted share); distributable earnings $40.4M ($0.40/share).
- Net interest spread rose 40 bps to 2.14%; total economic return (3.4)% for Q2.
- Acquired $1B in loans & securities: Lima One originated $584M (50% QoQ increase), Non-QM purchases $345M.
- GAAP book value $14.42; economic book value $15.12 per share; unrestricted cash $329.4M.
- 60+ day delinquencies declined across credit assets; net positive carry of $26M from $3B swaps.

## SEC filing metadata
- accession: 0001104659-23-087076
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465923087076/0001104659-23-087076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465923087076/tm2322637d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-087076
- JSON: https://secwatch.observer/filing/0001104659-23-087076.json
- Plain text: https://secwatch.observer/filing/0001104659-23-087076.txt

## Key facts
- Earnings Releases
  MFA FINANCIAL, INC. reported the second quarter ended June 30, 2023 results: net income GAAP net loss for the second quarter of $34.1 million, or $0.34 per basic and diluted common share, EPS $0.34 per basic and diluted common share.
  - Period: the second quarter ended June 30, 2023
  - Net income: GAAP net loss for the second quarter of $34.1 million, or $0.34 per basic and diluted common share
  - EPS: $0.34 per basic and diluted common share
  - Result: reported results
  source text: MFA Financial, Inc. Announces Second Quarter 2023 Financial Results NEW YORK - MFA Financial, Inc. (NYSE:MFA ) today provided its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 financial results update: ● MFA generated a GAAP net loss for the second quarter of $34.1 million, or $0.34 per basic and diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1055160/000110465923087076/0001104659-23-087076-index.htm

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