MFA Financial (MFA) Misses Q4 EPS by 5c

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Go back to MFA Financial (MFA) Misses Q4 EPS by 5c

MFA Financial, Inc. Announces Fourth Quarter 2018 Financial Results

February 21, 2019 8:30 AM EST

NEW YORK, Feb. 21, 2019 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced its financial results for the fourth quarter ended December 31, 2018.

Fourth Quarter 2018 and other highlights:

MFA generated fourth quarter GAAP net income of $57.1 million, or $0.13 per common share. As of December 31, 2018, book value per common share was $7.15. Net Income was $0.06 per common share lower than the third quarter of 2018, primarily due to unrealized losses on CRT securities and 30-Year Agency MBS and related swap hedges, as market volatility and risk-off sentiment widened credit... More