Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 288

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 288
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 is used by the CODM to evaluate segment results and is one of the factors considered in determining capital allocation among the segments.

The following tables present the reportable operating segments related to the Company’s results of operations for the three and nine months ended September 30, 2025 and 2024:

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ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESItem 1.  Financial Statements

Three Months Ended September 30, 2025 AgencyResi-creditMSRCorporate & OtherConsolidated(dollars in thousands)Interest income$992,588 $539,909 $— $— $1,532,497 Interest expense811,177 445,570 — — 1,256,747 Net interest income181,411 94,339 — — 275,750 Servicing and related income— — 141,356 — 141,356 Servicing and related expense— — 15,104 — 15,104 Net servicing income— — 126,252 — 126,252 Other income (loss)495,445 32,343 (45,910)1,700 483,578 Less: Total general and administrative expenses17,827 16,755 9,423 6,335 50,340 Income (loss) before income taxes659,029 109,927 70,919 (4,635)835,240 Income taxes(281)(7,158)(341)(43)(7,823)Net income (loss)659,310 117,085 71,260 (4,592)843,063 Less: Net income (loss) attributable to noncontrolling interest— 10,618 — — 10,618 Net income (loss) attributable to Annaly659,310 106,467 71,260 (4,592)832,445 Dividends on preferred stock— — — 41,127 41,127 Net income (loss) available (related) to common stockholders659,310 106,467 71,260 (45,719)791,318 Unrealized gains (losses) on available-for-sale securities113,281 — — — 113,281 Reclassification adjustment for net (gains) losses included in net income (