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Stock impact report

MFA Financial, Inc. Announces First Quarter 2022 Financial Results

MFA Financial, Inc. (MFA) 
Last mfa financial, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NYSE Investor Relations: mfafinancial.com
Company Research Source: PR Newswire
NEW 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 and securitization-related transaction costs, was $66.0 million, or $0.62 per common share.GAAP book value at March 31, 2022 was $17.84 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 and securitized debt held at carrying value for GAAP repor Show less Read more
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