MFA Financial (MFA) Tops Q1 EPS by 24c
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MFA Financial, Inc. Announces First Quarter 2022 Financial Results
May 4, 2022 8:30 AM EDTNEW YORK, May 4, 2022 /PRNewswire/ -- MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the first quarter ended March 31, 2022.
First Quarter 2022 financial results update:
MFA generated a GAAP loss for the first quarter of $(91.1) million, or ($0.86) per common share1. Distributable Earnings, a non-GAAP financial measure, which adjusts GAAP earnings by removing unrealized gains and losses, primarily on residential mortgage investments, associated financing liabilities and hedges that are accounted for at fair value through earnings, as well as certain non-cash expenses... More