MFA Financial (MFA) Tops Q3 EPS by 2c

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Go back to MFA Financial (MFA) Tops Q3 EPS by 2c

MFA Financial, Inc. Announces Third Quarter 2016 Financial Results

November 3, 2016 8:30 AM EDT

NEW YORK, Nov. 3, 2016 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced its financial results for the third quarter ended September 30, 2016.

Third Quarter 2016 and other highlights:

Generated third quarter net income available to common shareholders of $79.3 million, or $0.21 per common share (based on 373.1 million weighted average common shares outstanding).  As of September 30, 2016, book value per common share was $7.64. On October 31, 2016, MFA paid its third quarter 2016 dividend of $0.20 per share of common stock to shareholders of record as of September 28, 2016. MFA acquired $374.8 million of 3 year step-up securities... More