Company: NLY-PF
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001043219-25-000012
Chunk: 143

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESItem 1.  Financial Statements

Nine Months Ended September 30, 2025 AgencyResi-creditMSRCorporate & OtherConsolidated(dollars in thousands)Interest income$2,755,055 $1,512,225 $— $1,218 $4,268,498 Interest expense2,260,746 1,237,966 — 865 3,499,577 Net interest income494,309 274,259 — 353 768,921 Servicing and related income— — 423,461 — 423,461 Servicing and related expense— — 43,788 — 43,788 Net servicing income— — 379,673 — 379,673 Other income (loss)75,668 44,240 (88,243)2,786 34,451 Less: Total general and administrative expenses51,694 48,178 28,059 20,491 148,422 Income (loss) before income taxes518,283 270,321 263,371 (17,352)1,034,623 Income taxes(121)(15,899)17,002 (98)884 Net income (loss)518,404 286,220 246,369 (17,254)1,033,739 Less: Net income (loss) attributable to noncontrolling interest— 19,971 — — 19,971 Net income (loss) attributable to Annaly518,404 266,249 246,369 (17,254)1,013,768 Dividends on preferred stock— — — 115,544 115,544 Net income (loss) available (related) to common stockholders518,404 266,249 246,369 (132,798)898,224 Unrealized gains (losses) on available-for-sale securities311,717 — — — 311,717 Reclassification adjustment for net (gains) losses included in net income (loss)81,578 — — — 81,578 Other comprehensive income (loss)393,295 — — — 393,295 Comprehensive income (loss)911,699