Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 173

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 173
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2)(8,222)— (8,222)Balance at end of period$9,476 $— $9,476 For the Year Ended December 31, 2023(In Thousands)Net Unrealized Gain/(Loss) on AFS SecuritiesNet Unrealized Gain/(Loss) on Financing Agreements (1)Total AOCIBalance at beginning of period$21,341 $— $21,341 OCI before reclassifications(2,873)— (2,873)Amounts reclassified from AOCI(770)— (770)Net OCI during the period (2)(3,643)— (3,643)Balance at end of period$17,698 $— $17,698 For the Year Ended December 31, 2022(In Thousands)Net Unrealized Gain/(Loss) on AFS SecuritiesNet Unrealized Gain/(Loss) on Financing Agreements (1)Total AOCIBalance at beginning of period$46,833 $(1,255)$45,578 OCI before reclassifications(25,492)1,255 (24,237)Amounts reclassified from AOCI— — — Net OCI during the period (2)(25,492)1,255 (24,237)Balance at end of period$21,341 $— $21,341 (1)Net Unrealized Gain/(Loss) on Financing Agreements at Fair Value due to changes in instrument-specific credit risk.

(2)For further information regarding changes in OCI, see the Company’s consolidated statements of comprehensive income/(loss).  

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024

11.    EPS Calculation 

 The following table presents a reconciliation of the earnings/(loss) and shares used in calculating basic and diluted earnings/(loss) per share for the years ended December 31, 2024, 2023 and 2022:  For the Year Ended December 31,(In Thousands, Except Per Share Amounts)202420232022Basic Earnings/(Loss) per Share:   Net income/(loss) to common stockholders$119,251 $80,164 $(231,581)Dividends declared on preferred stock(32,875)(32,