MFA Financial (MFA) Tops Q4 EPS by 1c

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Go back to MFA Financial (MFA) Tops Q4 EPS by 1c

MFA Financial, Inc. Announces Fourth Quarter 2019 Financial Results

February 20, 2020 8:30 AM EST

NEW YORK, Feb. 20, 2020 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced its financial results for the fourth quarter ended December 31, 2019.

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... More