MFA Financial (MFA) Tops Q3 EPS by 1c, Revenues Beat
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MFA Financial, Inc. Announces Third Quarter 2018 Financial Results
November 6, 2018 8:30 AM ESTNEW YORK, Nov. 6, 2018 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced its financial results for the third quarter ended September 30, 2018.
Third Quarter 2018 and other highlights:
MFA generated third quarter GAAP net income of $83.4 million, or $0.19 per common share. As of September 30, 2018, book value per common share was $7.46. Asset acquisitions exceeded run-off during the quarter. MFA purchased in excess of $2.3 billion of residential mortgage assets in the third quarter, including $707 million of residential whole loans. Recent growth in MFA's... More