---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002999"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T06:25:44.153019+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Annaly Q4 GAAP EPS $0.78, EAD $0.72, book value $19.15, economic return 1.3%

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-002999
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000162828025002999/0001628280-25-002999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000162828025002999/nly-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002999
- JSON: https://secwatch.observer/filing/0001628280-25-002999.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002999.txt

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