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Stock impact report

MFA Financial, Inc. Announces Second Quarter 2019 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, Aug. 7, 2019 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today announced its financial results for the second quarter ended June 30, 2019.Second Quarter 2019 and other highlights:MFA generated second quarter GAAP net income of $89.3 million, or $0.20 per common share. Core earnings, a non-GAAP financial measure of MFA's operating performance that is calculated by adjusting GAAP net income to exclude the impact of unrealized gains and losses on certain of our investments, was also $0.20 per common share. As of June 30, 2019, book value per common share was $7.11, unchanged from the prior quarter. Continued successful execution of our investment strategy resulted in net portfolio growth for the seventh consecutive quarter.  MFA acquired, or committed to acquire, approximately $1.4 billion of residential mortgage assets in the second quarter, including $1.0 billion of residential whole loans, increasing our total investment portfolio by $391 million. Net interest income on Show less Read more
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