secwatch.observer — SEC 8-K summary
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Issuer:     ANNALY CAPITAL MANAGEMENT INC (NLY)
CIK:        0001043219
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001628280-24-017650
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Annaly Q1 GAAP EPS $0.85, EAD $0.64; book value up to $19.73
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- GAAP net income $0.85/sh vs prior Q loss $0.88; annualized GAAP return on equity 16.29%.
- Earnings available for distribution $0.64/sh, down from $0.68 in Q4 2023; quarterly dividend $0.65/sh.
- Book value per share $19.73, up 1.5% from $19.44; economic return 4.8% for Q1.
- Agency portfolio $64.7B; Residential Credit up 4% to $6.2B; MSR portfolio $2.7B; record securitization volume.
- GAAP leverage 6.7x (down from 6.8x); economic leverage 5.6x (down from 5.7x); hedge ratio decreased to 97%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043219/000162828024017650/0001628280-24-017650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043219/000162828024017650/nly-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-017650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer