MFA Financial (MFA) Misses Q3 EPS by 10c

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MFA Financial, Inc. Announces Third Quarter 2022 Financial Results

November 3, 2022 8:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the third quarter ended September 30, 2022.

Third Quarter 2022 financial results update:

MFA generated a GAAP loss for the third quarter of ($63.2) million, or ($0.62) per common share. Distributable Earnings, a non-GAAP financial measure, was $28.2 million, or $0.28 per common share. GAAP book value at September 30, 2022 was $15.31 per common share, while Economic book value, a non-GAAP financial measure of MFAs financial position, was $15.82 per common share at quarter-end. Active portfolio... More