MFA Financial, Inc. Announces Fourth Quarter 2019 Financial Results
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MFA Financial (MFA) Tops Q4 EPS by 1c
February 20, 2020 8:36 AM ESTMFA Financial (NYSE: MFA) reported Q4 EPS of $0.21, $0.01 better than the analyst estimate of $0.20.
Fourth Quarter 2019 and other highlights:
MFA generated fourth quarter GAAP net income of $96.9 million, or $0.21 per common share. Core earnings, a non-GAAP financial measure of MFA\'s operating performance that is calculated by adjusting GAAP net income to exclude the impact of unrealized gains and losses on certain investments in residential mortgage securities and related hedges, was also $0.21 per common share.MFA acquired approximately $1.7 billion of residential mortgage assets in the fourth quarter, including $1.5 billion of residential whole loans.... More