earnings
confidence high
sentiment positive
materiality 0.80
Annaly Q4 GAAP EPS $0.78, EAD $0.72, book value $19.15, economic return 1.3%
ANNALY CAPITAL MANAGEMENT INC
2024-FY EPS reported
$1.62
- GAAP net income $0.78/share; EAD $0.72/share; book value $19.15; quarterly economic return 1.3%.
- Full-year 2024 economic return 11.9%; Agency portfolio grew nearly $5B to $80.9B total portfolio.
- Residential Credit portfolio up 8% QoQ to $7.0B; record whole loan locks of $5.4B and settlements $4.0B.
- MSR portfolio up 17% QoQ to $3.3B; net interest margin (ex PAA) improved 19 bps to 1.71%.
- Promoted Mike Fania to Co-Chief Investment Officer.