Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 27

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 27
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$154,274 $20,117 Other Income/(Loss), net:Net gain/(loss) on residential whole loans measured at fair value through earnings$129,284 $148,333 $(19,049)Impairment and other net gain/(loss) on securities and other portfolio investments45,828 15,310 30,518 Net gain/(loss) on real estate owned(4,119)3,112 (7,231)Net gain/(loss) on derivatives used for risk management purposes(49,106)9,210 (58,316)Net gain/(loss) on securitized debt measured at fair value through earnings(53,682)(108,377)54,695 Lima One mortgage banking income17,118 24,468 (7,350)Net realized gain/(loss) on residential whole loans held at carrying value(882)418 (1,300)Other, net(16,720)61 (16,781)Other Income/(Loss), net$67,721 $92,535 $(24,814)Operating and Other Expense:Compensation and benefits$60,750 $69,632 $(8,882)Other general and administrative expense31,681 34,260 (2,579)Loan servicing, financing and other related costs26,052 24,262 1,790 Amortization of intangible assets1,900 2,400 (500)Operating and Other Expense$120,383 $130,554 $(10,171)Income/(loss) before income taxes$121,729 $116,255 $5,474 Provision for/(benefit from) income taxes(735)2,913 (3,648)Net Income/(Loss)$122,464 $113,342 $9,122 Less Preferred Stock Dividend Requirement$29,613 $24,656 $4,957 Net Income/(Loss) Available to Common Stock and Participating Securities$92,851 $88,686 $4,165 Basic Earnings/(Loss) per Common Share$0.89 $0.85 $0.04 Diluted Earnings/(Loss) per Common Share$0.87 $0.83 $0.04 

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General

For the nine months ended September 30, 2025,