Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 61

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 61
---
Net gain/(loss) on real estate owned(2,911)1,880 (4,419)2,871 Net gain/(loss) on derivatives used for risk management purposes(18,251)16,087 (49,306)66,028 Net gain/(loss) on securitized debt measured at fair value through earnings(7,105)(10,642)(29,036)(33,104)Lima One mortgage banking income6,087 7,619 11,524 15,547 Net realized gain/(loss) on residential whole loans held at carrying value(343)— (882)418 Other, net(5,483)1,317 (6,934)3,192 Other Income/(Loss), net$12,250 $29,849 $36,762 $52,251 Operating and Other Expense:Compensation and benefits$19,308 $21,747 $42,565 $47,215 Other general and administrative expense10,621 10,835 20,912 22,830 Loan servicing, financing and other related costs8,584 8,717 15,836 15,759 Amortization of intangible assets800 800 1,600 1,600 Operating and Other Expense$39,313 $42,099 $80,913 $87,404 Income/(loss) before income taxes$33,422 $42,292 $73,726 $66,554 Provision for/(benefit from) income taxes238 346 (634)1,395 Net Income/(Loss)$33,184 $41,946 $74,360 $65,159 Less Preferred Stock Dividend Requirement$10,560 $8,218 $18,779 $16,437 Net Income/(Loss) Available to Common Stock and Participating Securities$22,624 $33,728 $55,581 $48,722 Basic Earnings/(Loss) per Common Share$0.22 $0.32 $0.53 $0.47 Diluted Earnings/(Loss) per Common Share$0.21 $0.32 $0.52 $0.46 

The accompanying notes are an integral part of the consolidated financial statements.

4  

Table of Contents

MFA