---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-057251"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:39:52.100180+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MFA Q1 distributable earnings $0.35/share, GAAP net income $15M

## Summary
- GAAP net income of $15.0M ($0.14 per diluted share); distributable earnings $36.1M ($0.35 per share).
- Declared $0.35 per share dividend; total economic return 0.7% for the quarter.
- GAAP book value $13.80; economic book value $14.32, down 1.3% and 1.7% respectively QoQ.
- Loan acquisitions totaled $652M, including $465M in business purpose loans via Lima One (avg coupon ~10%).
- Repurchased $40M of convertible notes; issued $115M of 8.875% senior notes in Jan and $75M of 9.00% notes post-quarter.

## SEC filing metadata
- accession: 0001104659-24-057251
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1055160/000110465924057251/0001104659-24-057251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465924057251/tm2413442d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-057251
- JSON: https://secwatch.observer/filing/0001104659-24-057251.json
- Plain text: https://secwatch.observer/filing/0001104659-24-057251.txt

## Key facts
- Earnings Releases
  MFA FINANCIAL, INC. reported the first quarter ended March 31, 2024 results: net income $15.0 million, EPS $0.14 per basic and diluted common share.
  - Period: the first quarter ended March 31, 2024
  - Net income: $15.0 million
  - EPS: $0.14 per basic and diluted common share
  - Result: reported results
  source text: MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the first quarter ended March 31, 2024: · MFA generated GAAP net income for the first quarter of $15.0 million, or $0.14 per basic and diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1055160/000110465924057251/0001104659-24-057251-index.htm

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