---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-115035"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:10:35.112216+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MFA reports Q3 GAAP net loss of $64.7M; distributable earnings $0.40/sh

## Summary
- GAAP net loss $64.7M ($0.64/sh); Distributable earnings $41.1M ($0.40/sh); declared $0.35 dividend.
- Loan acquisitions $802.6M, including record $671M Lima originations; average coupon 9.9%.
- Net interest spread rose to 2.17% (up 3bp QoQ); total economic return -6.2%.
- Book value per share $13.48 GAAP, $13.84 economic; unrestricted cash $300.1M.
- Completed two securitizations ($602M UPB) and one in Oct ($225M); 77% loan financing non-MTM.

## SEC filing metadata
- accession: 0001104659-23-115035
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465923115035/0001104659-23-115035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465923115035/tm2329904d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-115035
- JSON: https://secwatch.observer/filing/0001104659-23-115035.json
- Plain text: https://secwatch.observer/filing/0001104659-23-115035.txt

## Key facts
- Earnings Releases
  MFA FINANCIAL, INC. reported the third quarter ended September 30, 2023 results: net income GAAP net loss for the third quarter of $64.7 million, or $0.64 per basic and diluted common share, EPS $0.64 per basic and diluted common share.
  - Period: the third quarter ended September 30, 2023
  - Net income: GAAP net loss for the third quarter of $64.7 million, or $0.64 per basic and diluted common share
  - EPS: $0.64 per basic and diluted common share
  - Result: reported results
  source text: MFA generated a GAAP net loss for the third quarter of $64.7 million, or $0.64 per basic and diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1055160/000110465923115035/0001104659-23-115035-index.htm

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