Company: NLY-PF
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023811
Chunk: 204

Company: ANNALY CAPITAL MANAGEMENT INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 204
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500,000 authorized, issued and outstanding1,536,569 1,536,569 Common stock, par value $0.01 per share, 1,468,250,000 authorized, 602,338,286 and 578,357,118 issued and outstanding, respectively6,023 5,784 Additional paid-in capital25,749,468 25,257,716 Accumulated other comprehensive income (loss)(787,402)(1,017,682)Accumulated deficit(13,509,942)(13,173,146)Total stockholders’ equity12,994,716 12,609,241 Noncontrolling interests89,792 87,711 Total equity13,084,508 12,696,952 Total liabilities and equity$105,115,346 $103,556,384 (1)Derived from the audited consolidated financial statements at December 31, 2024.(2)Includes cash of consolidated Variable Interest Entities (“VIEs”) of $3.7 million and $2.8 million at March 31, 2025 and December 31, 2024, respectively.(3)Excludes $2.3 billion and $2.2 billion at March 31, 2025 and December 31, 2024, respectively, of non-Agency mortgage-backed securities in consolidated VIEs pledged as collateral and eliminated from the Company’s Consolidated Statements of Financial Condition. (4)Includes $6.3 million and $10.0 million of residential mortgage loans held for sale at March 31, 2025 and December 31, 2024, respectively.See notes to consolidated financial statements.

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ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESItem 1.  Financial Statements

ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(dollars in thousands, except per share data)(Unaudited) For The Three Months Ended March 31, 20252024Net interest income  Interest income$1,317,108 $1,094,488 Interest expense1,097,137 1,100,939 Net interest income219,971 (6,451)Net servicing incomeServicing and related income140,435 115,084 Servicing and related expense14,