---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-021094"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T01:50:25.193238+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Annaly Q1 2025 GAAP EPS $0.15, EAD $0.72; raises dividend to $0.70; book value $19.02

## Summary
- GAAP net income of $0.15 per share; EAD of $0.72 per share; economic return of 3.0%.
- Book value per common share $19.02, down from $19.15; GAAP leverage 6.8x from 7.1x.
- Common stock cash dividend increased to $0.70 per share for Q1 2025.
- Total portfolio $84.9B; Agency $75.0B (+6% qoq); Residential Credit $6.6B; MSR $3.3B.
- Raised $496M of accretive common equity via ATM program net of expenses.

## SEC filing metadata
- accession: 0001628280-25-021094
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000162828025021094/0001628280-25-021094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000162828025021094/nly-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-021094
- JSON: https://secwatch.observer/filing/0001628280-25-021094.json
- Plain text: https://secwatch.observer/filing/0001628280-25-021094.txt

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