NYSE$MFA
MFA Financial Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced strong financial results for the second quarter of 2024, marked by volatility in fixed income and mortgage markets.
MFA Financial reported strong results for Q2 2024, generating distributable earnings of $0.44 per share and an increase in economic book value to $14.34 per share. The company acquired $688 million in residential mortgage loans and $176 million in Agency MBS. On the liability side, MFA repaid $170 million in convertible notes and issued $75 million in senior unsecured notes. They also completed two securitizations collateralized by $557 million of Non-QM and Transitional loans and benefited from a $3.3 billion interest rate swap position.
- Distributable earnings were $0.44 per share.
- Economic book value rose to $14.34 per share.
- $688 million in residential mortgage loans were purchased or originated with an average coupon of 9.6%.
- $176 million of Agency MBS were added.
Headline financials
Revenue & EPS history
MFA Financial · Revenue · Quarterly
$53.5M
Revenue by segment
MFA Financial · $125M total across 1 segment · Q4 2022
- Residential whole loans$125M—100.0%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.2%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-0.5%
Avg return
30 days after
49%
33 / 68 earnings
Positive
+7.6%
Q2 2024
Best reaction
-10.1%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.8% | -2.5% | -8.8% | |
| Q4 2025 | +2.4% | -0.2% | -4.4% | |
| Q3 2025 | +1.3% | -0.2% | +6.2% | |
| Q1 2025 | -5.3% | -4.4% | -4.3% | |
| Q4 2024 | +0.2% | +0.3% | +5.5% | |
| Q3 2024 | -6.2% | -6.1% | -10.8% | |
| Q2 2024 | +7.6% | +7.5% | +13.2% | |
| Q1 2024 | -2.7% | -1.0% | -1.7% | |
| Q4 2023 | +2.8% | +0.1% | +6.4% | |
| Q3 2023 | -0.3% | -0.6% | +11.9% | |
| Q2 2023 | -4.0% | -3.0% | -2.7% | |
| Q1 2023 | +1.1% | +1.1% | +9.3% | |
| Q4 2022 | +1.7% | +0.6% | -14.3% | |
| Q3 2022 | +4.7% | +5.0% | +14.6% | |
| Q2 2022 | -4.9% | -5.1% | -15.8% | |
| Q1 2022 | -1.2% | -8.8% | -7.2% | |
| Q4 2021 | -4.4% | -4.9% | -4.7% | |
| Q3 2021 | +2.0% | +1.8% | -0.7% | |
| Q2 2021 | +2.4% | +2.6% | +5.1% | |
| Q1 2021 | -1.6% | -2.9% | +0.5% | |
| Q4 2020 | +0.0% | -3.8% | -1.9% | |
| Q3 2020 | +5.0% | +7.8% | +33.7% | |
| Q2 2020 | +2.5% | +8.4% | -1.8% | |
| Q1 2020 | -10.1% | -11.5% | -9.4% | |
| Q4 2019 | +0.0% | -4.1% | -54.4% | |
| Q3 2019 | +1.9% | +2.3% | +1.5% | |
| Q2 2019 | +4.8% | +3.8% | +2.3% | |
| Q1 2019 | -2.1% | -0.7% | -3.9% | |
| Q4 2018 | +0.3% | +0.1% | -1.2% | |
| Q3 2018 | +3.8% | +4.2% | +4.7% | |
| Q2 2018 | -4.6% | -7.0% | -4.7% | |
| Q1 2018 | -0.9% | -0.1% | +1.8% | |
| Q4 2017 | +4.2% | +2.2% | +7.3% | |
| Q3 2017 | -4.1% | -6.8% | -3.5% | |
| Q2 2017 | +1.8% | +2.1% | +2.7% | |
| Q1 2017 | -4.0% | -3.5% | +1.0% | |
| Q4 2016 | -0.7% | -0.2% | +0.6% | |
| Q3 2016 | +2.6% | +3.5% | +6.4% | |
| Q2 2016 | +3.2% | +3.7% | +4.0% | |
| Q1 2016 | +2.5% | — | — | |
| Q4 2015 | -0.8% | — | — | |
| Q3 2015 | -1.4% | — | — | |
| Q2 2015 | -0.7% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2014 | +1.7% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +1.9% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | -3.6% | — | — | |
| Q2 2012 | -3.9% | — | — | |
| Q1 2012 | +2.9% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +2.5% | — | — | |
| Q2 2011 | +0.3% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q4 2009 | -1.4% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q3 2010 | +1.6% | — | — | |
| Q3 2009 | +1.6% | — | — | |
| Q2 2009 | -1.1% | — | — | |
| Q2 2010 | -1.1% | — | — |
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