Company: MFAN
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001055160-25-000004
Chunk: 426

Company: MFA FINANCIAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 426
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EndedReturn on Average Total Assets (1)Return on Average Total Stockholders’ Equity (2)Dividend Payout Ratio (3)Total Average Stockholders’ Equity to Total Average Assets (4)Leverage Multiple (5)Recourse Leverage Multiple (6)December 31, 20240.21 %1.26 %— 16.41 %5.01.7 September 30, 20241.74 10.17 0.92 17.10 4.81.8 June 30, 20241.52 8.85 1.09 17.14 4.71.7 March 31, 20240.85 4.69 2.50 18.23 4.61.8 December 31, 20233.46 19.04 0.44 18.16 4.51.7 September 30, 2023(0.56)(2.96)— 19.10 4.32.0 June 30, 2023(0.27)(1.31)— 20.99 3.91.9 March 31, 20233.14 14.40 0.56 21.81 3.51.6 

(1)Reflects annualized net income divided by average total assets. For the quarters ended September 30, 2023, and June 30, 2023, the amounts calculated reflect the quarterly net income divided by average total assets.

(2)Reflects annualized net income divided by average total stockholders’ equity.  For the quarters ended September 30, 2023, and June 30, 2023, the amounts calculated reflect the quarterly net income divided by average total stockholders’ equity.

(3)Reflects dividends declared per share of common stock divided by earnings per share.  The ratio has not been calculated for periods where earnings per share is negative as the calculations are not meaningful.

(4)Reflects total average stockholders’ equity divided by total average assets. 

(5)Represents the sum of our borrowings under financing agreements and payable for unsettled purchases divided by stockholders’ equity.

(6)Represents the sum of our borrowings under financing agreements (excluding securitized debt and other non-recourse debt) and payable for unsettled purchases divided by stockholders