earnings
confidence high
sentiment neutral
materiality 0.70
MFA Q3 GAAP net income $0.36/shr; distributable earnings $0.20; book value $13.13
MFA FINANCIAL, INC.
2025-Q3 EPS reported
$0.87
- GAAP net income to common $37.3M ($0.36 basic EPS); distributable earnings $21.0M ($0.20/shr).
- Portfolio grew to $11.2B with $1.2B of acquisitions including $453M Non-QM and $473M Agency MBS.
- Lima One originations $260M, up 20% QoQ; mortgage banking income $5.6M.
- 60+ day delinquencies fell to 6.8% from 7.3%; resolved $223M of previously delinquent loans.
- Expects to deploy ~$100M excess cash and cut run-rate G&A by 7-10% from 2024 levels.