Annaly Capital Management (NLY) Tops Q4 EPS by 5c

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Annaly Capital Management, Inc. Reports 4th Quarter 2015 Results

February 24, 2016 4:05 PM EST

GAAP net income of $669.7 million, $0.69 per average common share Normalized core earnings of $0.31 per average common share, excludes $0.02 of PAA Common stock book value of $11.73, economic leverage of 6.0:1 Executed share repurchases to date totaling $217.0 million since November 2015 Credit investment portfolio represents 23% of stockholders equity Updated capital allocation policy in support of diversification strategy Enhanced disclosure of Commercial Real Estate, Residential Credit and Middle Market Lending businesses

NEW YORK--(BUSINESS WIRE)-- Annaly Capital... More