MFA Financial, Inc.

MFA Financial, Inc.

MFA-PB
MFA Financial, Inc.US flagNew York Stock Exchange
19.75
USD
-0.22
- -
899.86MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
34.42
34.62
32.03
32.63
32.79
30.38
29.92
22.36
23.51
19.53
18.64
18.04
17.98
17.57
Tangible Book Value per Share
34.34
34.54
31.95
30.12
27.77
24.94
19.16
22.36
22.75
18.81
17.96
17.39
17.35
16.94
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
341
355
356
358
372
349
433
-556
373
-85
205
253
299
270
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
6
1
1
1
2
2
- -
- -
7
9
4
3
2
1
Net Income, GAAP
303
314
313
313
322
302
378
-679
329
-232
80
119
177
148
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.35
0.37
- -
- -
Profit Margin (%)
88.85
88.21
87.99
87.27
86.66
86.56
87.26
122.22
88.09
273.79
39.02
47.16
59.21
54.82
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
466
211
119
97
461
781
668
1,615
2,922
3,631
5,003
6,020
6,599
6,432
Total Equity
3,142
3,203
2,967
3,034
3,262
3,416
3,384
2,525
2,543
1,989
1,900
1,842
1,828
1,776
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
8.96
9.41
9.67
9.92
9.77
8.59
10.68
-24.01
11.68
-11.67
2.43
4.62
7.44
5.88

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
6,545
6,480
6,417
LT Finance Leases
53
16
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
102
102
101
Market Capitalization
2,006
1,940
2,033

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
213
222
141
Accounts Receivable, Net
120
118
116
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
74
116
76
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.12%
-5.88%
-0.77%
Free Cash Flow
31.8%
82.02%
-61.9%
Net Income, GAAP
-61.43%
-71.29%
48.24%
Sales/Revenue/Turnover
-79.73%
-118.31%
18.09%
Total Cash Common Dividend
-1.16%
7.35%
3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
63
75
82
33
253
2025
75
65
78
81
299
2026
33
78
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Craig L. Knutson
Full Time Employees
307
Sector
Real Estate
Industry
REIT - Mortgage
Address
One Vanderbilt Avenue, 48th Floor New York City NY United States of America 10017
IPO Date
Apr 10, 2013
Business
MFA Financial, Inc. (NYSE: MFA) operates as a specialty finance company and real estate investment trust that invests in residential mortgage assets, including non-qualified mortgage (Non-QM) loans, residential whole loans such as business purpose loans, legacy re-performing and non-performing loans, residential mortgage-backed securities comprising agency and non-agency classes and credit risk transfer securities, and mortgage servicing rights-related assets including term notes backed by servicing rights; through its wholly owned subsidiary Lima One Capital, the company originates and services business purpose loans for real estate investors. Founded in 1997 and headquartered at One Vanderbilt Avenue in New York, New York, MFA targets shareholder value through distributable income generation linked to residential mortgage credit fundamentals, with operations focused on the United States mortgage REIT sector. In recent developments, MFA completed its 20th Non-QM loan securitization, MFA 2025-NQM4, in 2025 bringing cumulative issuance volume to $7.3 billion and expanding its Non-QM portfolio beyond $5 billion with Q3 2025 acquisitions of $452.8 million; the company grew its overall residential investment portfolio to $11.2 billion, added agency MBS holdings, executed two additional securitizations collateralized by $721.5 million in Non-QM loans increasing total securitized debt to $6.4 billion, and Lima One increased origination volume by 20% to $260 million including new transitional loans.

Company News

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