Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 39

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 39
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629 10,237 (23,182)Securitized debt held at fair value3,712 18,575 (47,267)71,475 7,597 20,169 Other portfolio investments(2,637)(744)(94)1,503 1,484 — Expense items:Amortization of intangible assets800800800800 800 800 Equity based compensation2,274 6,052 1,637 2,104 3,899 6,243 Securitization-related transaction costs1,753 1,696 5,252 3,485 3,009 1,340 Depreciation1,087 879 938 2,604 822 889 Total adjustments2,277 (2,176)43,246 (1,247)12,776 22,130 Distributable earnings$24,701 $30,575 $40,850 $38,623 $46,390 $36,957 GAAP earnings/(loss) per basic common share$0.22 $0.32 $(0.02)$0.38 $0.32 $0.14 Distributable earnings per basic common share$0.24 $0.29 $0.39 $0.37 $0.45 $0.36 Weighted average common shares for basic earnings per share103,705 103,777 103,675 103,647 103,446 103,175 

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Selected Financial Ratios (using Distributable earnings)

The following table presents information regarding certain of our financial ratios at or for the dates presented:

At or for the Quarter EndedReturn on Average Total Assets (1)Return on Average Total Stockholders’ Equity (2)Dividend Payout Ratio (3)June 30, 20251.21 %7.66 %1.50March 31, 20251.37 8.39 1.24December 31, 20241.72 10.49 0.90September 30, 20241.69 9.89 0.95June 30, 20241.98 11.53 0.78March 31, 20241.66 9.12 0.