---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087044"
form_type: "8-K"
ticker: "MFA"
cik: "0001055160"
company_name: "MFA FINANCIAL, INC."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:39:41.071368+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MFA Q2 GAAP EPS $0.32, distributable earnings $0.44; economic book value $14.34

## Summary
- GAAP net income $33.7M ($0.32/sh); distributable earnings $45.6M ($0.44/sh); net interest spread 2.16%.
- Acquired/originated $688M residential loans (avg coupon 9.6%); added $176M Agency MBS; portfolio $10.2B.
- Repaid $170M convertible notes; issued $75M of 9.00% senior notes due 2029; two securitizations ($557M).
- 60+ day delinquencies improved to 6.5% from 6.9%; debt/equity ratio 4.7x; recourse leverage 1.7x.
- Declared $0.35/sh dividend paid July 31; unrestricted cash $289M; total economic return 2.6%.

## SEC filing metadata
- accession: 0001104659-24-087044
- form_type: 8-K
- ticker: MFA
- cik: 0001055160
- company_name: MFA FINANCIAL, INC.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1055160/000110465924087044/0001104659-24-087044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1055160/000110465924087044/tm2421067d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087044
- JSON: https://secwatch.observer/filing/0001104659-24-087044.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087044.txt

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