Welcome to our dedicated page for MFA Financial news (Ticker: MFA), a resource for investors and traders seeking the latest updates and insights on MFA Financial stock.
MFA Financial, Inc. reports news on its internally managed real estate investment trust operations, including investments in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Company updates commonly address portfolio growth, Non-QM loan activity, single-family rental and transitional loans, securitizations, credit performance and leverage.
Recurring announcements also cover results from Lima One Capital, MFA's wholly owned business-purpose lending subsidiary for real estate investors, along with common and preferred stock dividends, dividend tax information, share repurchase activity and scheduled earnings calls.
MFA Financial reported a fourth quarter 2021 net income of $35.9 million, or $0.08 per share, with a GAAP book value of $4.78 and an economic book value of $5.15 per share. Net interest income rose 13% to $70.1 million, driven by successful asset acquisitions and record origination volumes at Lima One. The company completed $937 million in securitizations and repurchased 8.5 million shares. However, market volatility led to unrealized losses of approximately $42.6 million in residential whole loans. The total shareholder return for 2021 was 27.6%.
MFA Financial, Inc. has declared dividends for its preferred stock for Q1 2022. A $0.46875 per share dividend will be paid on the 7.50% Series B Cumulative Redeemable Preferred Stock, with payment scheduled for March 31, 2022. The record date for shareholders is March 1, 2022. Additionally, a $0.40625 per share dividend will be issued for the 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, also payable on March 31, 2022, to shareholders recorded by March 1, 2022.
MFA Financial, Inc. (NYSE: MFA) is set to hold a live audio webcast on February 23, 2022, at 10:00 a.m. ET to discuss its fourth quarter 2021 financial results. The financial results will be announced earlier that day. Investors can access the webcast by visiting MFA's official website. Participants are advised to log in at least 15 minutes before the call to ensure proper setup. Additionally, earnings presentation materials will be available on the website before the call, with an audio replay accessible afterward.
MFA Financial, Inc. (NYSE: MFA) has elected Sheila A. Stamps to its Board of Directors, effective immediately. The appointment increases the board's total to eight members, with seven being independent and four women. She brings a wealth of experience in strategy, business development, and risk management, previously serving on boards including Atlas Air and Pitney Bowes. Stamps also has a strong background in finance, having held significant positions at Bank of America and the New York State Insurance Fund. This change aims to enhance the governance and strategic direction of MFA.
MFA Financial, Inc. (NYSE: MFA) has declared a $0.11 cash dividend for Q4 2021, payable on January 31, 2022, to stockholders of record by December 31, 2021. This dividend reflects MFA's ongoing commitment to returning value to its shareholders. The company specializes in financing residential mortgage assets and operates as a publicly-traded real estate investment trust (REIT), focusing on residential whole loans and mortgage-backed securities.
MFA Financial, Inc. (NYSE: MFA) has announced dividends for its preferred stock for Q4 2021. The Board declared a dividend of $0.46875 per share for the 7.50% Series B Cumulative Redeemable Preferred Stock and $0.40625 per share for the 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. Both dividends are payable on December 31, 2021, to stockholders on record as of December 1, 2021. This highlights the company's ongoing commitment to providing returns to its investors.
MFA Financial, Inc. reported a net income of $124.3 million for Q3 2021, translating to $0.28 per basic share. This includes $43.9 million from the acquisition of Lima One Capital. The GAAP book value per share rose to $4.82, while the economic book value reached $5.27. The company recorded a 15% increase in net interest income, totaling $61.8 million, driven by significant loan acquisitions, including $2 billion in loans, the highest in its history. A regular cash dividend of $0.10 per share was paid on October 29, 2021.
MFA Financial, Inc. (NYSE: MFA) will hold a live audio webcast on November 5, 2021, at 10:00 a.m. ET to discuss its third quarter 2021 financial results. The earnings results will be announced earlier that day. Investors can access the webcast via the MFA website. Additionally, earnings presentation materials will be available prior to the call, and an audio replay will be posted afterward. MFA specializes in investing in residential mortgage assets and financing through its subsidiaries.
StoicLane announced a $175 million strategic investment in Interfirst Mortgage Company, a tech-enabled mortgage originator. This partnership is aimed at reducing upfront fees, cutting interest costs, and simplifying the mortgage process through advanced technology and AI. StoicLane's involvement is expected to accelerate Interfirst's growth, innovation, and technology development in the fragmented mortgage industry. The investment also enhances the board with notable financial leaders.
MFA Financial, Inc. (NYSE: MFA) has declared a cash dividend of $0.10 per share for the third quarter of 2021. This dividend will be paid on October 29, 2021 to stockholders of record as of September 30, 2021. MFA is a specialty finance company focused on investing in residential mortgage assets, including whole loans and mortgage-backed securities. As an internally-managed real estate investment trust, MFA also originates and services business purpose loans for real estate investors, enhancing its diversified investment strategy.