MFA Financial, Inc. Announces Third Quarter 2020 Financial Results

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MFA Financial (MFA) Tops Q3 EPS by 11c

November 5, 2020 8:35 AM EST

MFA Financial (NYSE: MFA) reported Q3 EPS of $0.17, $0.11 better than the analyst estimate of $0.06.

Third Quarter 2020 financial results update:

MFA generated third quarter net income of $79.0 million, or $0.17 per common share.GAAP book value at September 30, 2020 was $4.61 per common share, while Economic book value, a non-GAAP financial measure of MFA's financial position that adjusts GAAP book value by the amount of unrealized market value changes in residential whole loans held at carrying value for GAAP reporting, was $4.92 per common share at quarter-end.Earnings and changes in book... More