Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 304

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 304
---
 calculating basic and diluted earnings/(loss) per share for the three and nine months ended September 30, 2025 and 2024: Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In Thousands, Except Per Share Amounts)2025202420252024Basic Earnings/(Loss) per Share:Net income/(loss) to common stockholders$48,104 $48,183 $122,464 $113,342 Dividends declared on preferred stock(10,834)(8,219)(29,613)(24,656)Dividends, dividend equivalents and undistributed earnings allocated to participating securities(188)(94)(593)(367)Net income/(loss) attributable to common stockholders - basic$37,082 $39,870 $92,258 $88,319 Basic weighted average common shares outstanding103,683 103,647 103,721 103,423 Basic Earnings/(Loss) per Share$0.36 $0.38 $0.89 $0.85 Diluted Earnings/(Loss) per Share:Net income/(loss) to common stockholders - basic$37,082 $39,870 $92,258 $88,319 Dividends, dividend equivalents and undistributed earnings allocated to participating securities— — — — Interest expense on Convertible Senior Notes— — — — Net income/(loss) attributable to common stockholders - diluted$37,082 $39,870 $92,258 $88,319 Basic weighted average common shares outstanding103,683 103,647 103,721 103,423 Unvested and vested restricted stock units2,063 2,744 1,871 2,508 Effect of assumed conversion of Convertible Senior Notes to common shares— — — — Diluted weighted average common shares outstanding (1)105,746 106,391 105,592 105,931 Diluted Earnings/(Loss) per Share$0.35 $0.37 $0.87 $0.83 (1)At September 30, 2025 and 2024, the Company had approximately 707,000 and 235,000 equity instruments outstanding that were excluded from the calculation of diluted EPS for the three and nine months