Earnings Releases·Nov 4, 2026, 8:46 AM ET

MFA Financial, Inc. — Third Quarter 2026 Earnings Summary

GAAP net loss of $(1.19) per share contrasted with distributable earnings of $0.26 per share; net interest income rose to $61.4 million from $57.0 million year-over-year, while total assets grew to $13.54 billion.
Management outlined a strategic intent to deploy capital into higher-yielding assets and continue reducing legacy multifamily exposure, though no specific numerical forward guidance was provided.
Significant capital deployment included $1.6 billion in asset acquisitions and a re-securitization of $447 million in NPL collateral that unlocked $40 million in capital, alongside a $0.36 per share dividend payment.
Key leadership succession was announced with CEO Craig Knutson retiring June 30, 2027, and President Bryan Wulfsohn scheduled to assume the CEO role on July 1, 2027.
The company navigated a volatile rate environment characterized by widening spreads, successfully purchasing assets at attractive levels while reducing 60+ day delinquencies to 6.7% of UPB.