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Stock impact report

MFA Financial, Inc. Announces Fourth Quarter 2020 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, Feb. 23, 2021 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the fourth quarter ended December 31, 2020.Fourth Quarter 2020 financial results update:MFA generated fourth quarter net income of $37.6 million, or $0.08 per common share. MFA paid a regular cash dividend for the fourth quarter of $0.075 per share of common stock on January 29, 2021. GAAP book value at December 31, 2020 was $4.54 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 GAAP reporting, was $4.92 per common share at quarter-end. Markets for residential mortgage assets further stabilized following the disruptions experienced earlier in 2020.  Earnings and changes in book value continued to be positively impacted by improvements in the values of residential mortgage assets.  Income from Show less Read more
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