MFA Financial (MFA)
Internally managed mortgage REIT combining a residential credit balance sheet with an in-house origination platform.
$8.37
vs last close−0.19 (−2.22%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | −23 | 114 | 63 | 75 | 82 | 42 | 75 | 192 | 182 | 88 | 229 | 252 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 11 | 0 | 128 | 129 | 7 | 11 | 11 |
| Gross profit | −23 | 114 | 63 | 75 | 82 | 31 | 75 | 64 | 77 | 81 | 219 | 241 |
| −23 | 114 | 63 | 75 | 82 | 29 | 75 | 31 | 29 | 27 | 84 | 55 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 34 | 31 | 37 | 33 | 34 | 28 | 34 | 30 | 29 | 27 | 12 | 13 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 21 | 0 | 0 | 0 | 19 | 0 | 0 |
| General & administrative | 34 | 31 | 37 | 33 | 34 | 7 | 34 | 30 | 29 | 8 | 12 | 13 |
| Other expenses | −57 | 83 | 26 | 42 | 49 | 0 | 41 | 1 | 0 | 0 | 72 | 42 |
| Operating income | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 163 | 177 | 192 | 135 | 186 |
| −56 | 90 | 24 | 42 | 50 | 2 | 40 | 0 | −129 | 1 | −136 | −140 | |
| Interest income | 159 | 170 | 177 | 187 | 182 | 178 | 181 | 188 | 186 | 190 | 192 | 197 |
| Interest expense | 113 | 123 | 129 | 133 | 131 | 128 | 123 | 127 | 129 | 135 | 133 | 138 |
| Other non-operating income | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 3 | 0 | 0 | 3 | 1 |
| Income before tax | −56 | 90 | 24 | 42 | 50 | 3 | 40 | 33 | 48 | 54 | −1 | 47 |
| Income tax expense | 0 | 0 | 1 | 0 | 2 | −2 | −1 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −56 | 90 | 23 | 42 | 48 | 6 | 41 | 33 | 48 | 54 | −1 | 47 |
| Net income | −56 | 90 | 23 | 42 | 48 | 6 | 41 | 33 | 48 | 54 | −1 | 47 |
| EPS, basic | −$0.55 | $0.80 | $0.14 | $0.32 | $0.38 | −$0.02 | $0.32 | $0.22 | $0.36 | $0.52 | −$0.01 | $0.45 |
| EPS, diluted | −$0.55 | $0.76 | $0.14 | $0.32 | $0.37 | −$0.02 | $0.31 | $0.21 | $0.35 | $0.52 | −$0.01 | $0.34 |
| Weighted average shares, basic | 102 | 102 | 103 | 103 | 104 | 104 | 104 | 104 | 104 | 104 | 104 | 104 |
| Weighted average shares, diluted | 102 | 108 | 105 | 105 | 106 | 104 | 105 | 105 | 105 | 105 | 105 | 105 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 132 | 0 | 34 | 48 | 190 | 132 | 185 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| EBIT | −1 | −1 | −1 | −1 | −1 | 3 | −1 | 160 | 48 | 54 | 132 | 185 |
