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MFA

MFA Financial·NYSE
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MFA fundamentals

MFA Financial (MFA) released its earnings on Feb 18, 2026: revenue was 55.48M (YoY +9.21%), missed estimates; EPS was 0.27 (YoY -30.77%), beat estimates.
Revenue / YoY
55.48M
+9.21%
EPS / YoY
0.27
-30.77%
Report date
Feb 18, 2026
MFA Earnings Call Summary for Q4,2025
  • Favorable Macro Environment: Lower rates, positive yield curve, and supportive government policies (GSE MBS purchases, potential rate cuts) set the stage for 2026 growth.
  • Strategic Progress: $1.9B in Q4 asset acquisitions, $150M+ delinquent loans resolved, and 9.5% G&A expense reduction highlight execution against 2026 goals.
  • Lima One Expansion: New hires, channels, and tech investments position for back-half 2026 growth in multifamily lending and BPL origination.
  • Resecuritization Opportunity: $2.3B callable debt could unlock $50-100M+ for redeployment at mid-teens ROE, with spreads tight enough to justify activity.
  • ROE Target: DE before credit charges expected to reach 10-11% in 2H2026, aligning with dividend payout.

Earnings

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Revenue

Revenue & Expenses

Key Indicators

MFA Financial (MFA) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

MFA Financial (MFA)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Balance Sheet

MFA Financial (MFA)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Cash Flow

MFA Financial (MFA)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Revenue Breakdown

Where does MFA Financial (MFA) generate its revenue? Explore its key revenue streams and top earning regions.
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Dividend

Track MFA Financial (MFA) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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