MFA Financial (MFA) Tops Q3 EPS by 11c

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MFA Financial, Inc. Announces Third Quarter 2020 Financial Results

November 5, 2020 8:30 AM EST

NEW YORK, Nov. 5, 2020 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the third quarter ended September 30, 2020.

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... More