MFA Financial Q2 FY26 GAAP net income rises to $36.2 million, $0.35 a share - MFA News | RalliesMFA Financial Q2 FY26 GAAP net income rises to $36.2 million, $0.35 a share
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MFA• Quarterly results
- MFA Financial posted Q2 2026 GAAP net income available to common holders of USD 36.2 million, equal to USD 0.35 per basic share.
- Non-GAAP distributable earnings fell to USD 12.2 million, or USD 0.12 per basic share; DE prior to realized credit losses was USD 36.7 million.
- GAAP book value was USD 12.71 per share at June 30, 2026; non-GAAP economic book value was USD 13.20, driving a 2.6% total economic return.
Portfolio and credit trends
- Residential investment portfolio rose to USD 13.0 billion from USD 12.5 billion at March 31, supported by USD 462.3 million of Non-QM purchases.
- Agency MBS position increased to USD 4.1 billion; 60+ day delinquencies improved 0.8 percentage point to 7.0%.
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