MFA Financial (MFA) Tops Q2 EPS by 1c

August 3, 2016 8:32 AM EDT

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MFA Financial (NYSE: MFA) reported Q2 EPS of $0.20, $0.01 better than the analyst estimate of $0.19.

  • Generated second quarter net income available to common shareholders of $75.2 million, or $0.20 per common share (based on 373.0 million weighted average common shares outstanding). As of June 30, 2016, book value per common share was $7.41.
  • On July 29, 2016, MFA paid its second quarter 2016 dividend of $0.20 per share of common stock to shareholders of record as of June 28, 2016.
  • MFA acquired $465.3 million of 3 year step-up RPL/NPL securities and $88.9 million of credit sensitive residential whole loans increasing these portfolios to $2.6 billion and $1.1 billion, respectively, at the end of the quarter. Additionally, MFA acquired $51.1 million of Credit Risk Transfer securities and was both an opportunistic buyer and seller of Legacy Non-Agency MBS during the quarter.

For earnings history and earnings-related data on MFA Financial (MFA) click here.

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