MFA Financial

MFA Financial reported stable GAAP book value of $12.71 and economic book value of $13.20 per share for Q2 and maintained its common dividend at $0.36. Distributable earnings fell to $0.12 per share after $24.5 million of realized credit losses tied to resolving roughly $200 million of delinquent assets, though excluding those losses distributable earnings were $0.35. The investment portfolio grew to about $13 billion, driven by agency MBS and a $5.7 billion Non-QM portfolio, while Lima One originations rose 44% sequentially to $316 million. Management expects elevated credit losses in Q3 before they decline toward year-end and into early 2027, and repurchased over 500,000 common shares during the quarter. » Plus sur finance.yahoo.com

MFA Financial reported distributable earnings of $0.30 per share for Q1 2026, a GAAP loss of $0.11 per share and a decline in book value to $12.70. The portfolio grew to about $12.5bn through purchases of Non‑QM loans and Agency MBS; liquidity was $396m and leverage rose to 2.7x. The dividend yield is just under 14%; management is focused on Non‑QM and Lima One growth as well as cost and capital measures, but sees risks from revenue shortfalls and higher delinquency rates, particularly on transitional loans for multifamily properties. » Plus sur de.investing.com

The board of MFA Financial has declared a quarterly cash dividend of $0.36 per common share. Payment will be made on April 30, 2026 to shareholders of record as of March 31, 2026. MFA Financial is an internally managed REIT that invests in private mortgage loans, residential mortgage-backed securities and other real estate assets and, through its subsidiary Lima One, provides loans to real estate investors. Since its IPO in 1998, the company has paid out dividends totaling more than $5.0 billion. » Plus sur de.investing.com