MFA Financial, Inc. (MFA)

MFA Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	729.15	723.97	605.6	482.42	362.3	432.83
Total Interest Expense	508.91	521.23	429.12	258.84	120.39	268.76
Net Interest Income	220.24	202.73	176.48	223.58	241.92	164.07
Gain (Loss) on Sale of Loans & Receivables	128.19	46.41	88.61	-866.76	16.24	-256.64
Gain (Loss) on Sale of Investments	-36.17	-75.68	-93.36	265.57	89.52	-362.5
Other Revenue	-28.38	104.2	53.47	335.93	56.51	-60.43
Revenue Before Loan Losses	283.88	277.66	225.19	-41.69	404.19	-515.5
Provision for Loan Losses	-0.61	-1.95	-8.85	25.93	-44.86	22.38
Revenue	284.49	279.61	234.05	-67.62	449.06	-537.88
Revenue Growth (YoY)	9.37%	19.47%	-	-	-	-
Salaries & Employee Benefits	83.04	87.69	86.39	75.6	54.35	30.13
Cost of Services Provided	77.68	79.52	77.42	80.02	59.23	66.95
Other Operating Expenses	-6.3	-10.5	-14.4	-	-	-
Total Operating Expenses	157.62	159.91	153.6	164.81	120.19	97.08
Operating Income	126.87	119.69	80.44	-232.43	328.87	-634.96
EBT Excluding Unusual Items	126.87	119.69	80.44	-232.43	328.87	-634.96
Other Unusual Items	-	-	-	-	-	-44.43
Pretax Income	126.87	119.69	80.44	-232.43	328.87	-679.39
Income Tax Expense	-1.59	0.44	0.28	-0.85	-	-
Net Income	128.45	119.25	80.16	-231.58	328.87	-679.39
Preferred Dividends & Other Adjustments	35.8	33.33	32.88	33.5	33.92	30.03
Net Income to Common	92.66	85.92	47.29	-265.08	294.95	-709.42
Net Income Growth	30.45%	48.76%	-	-	-	-
Shares Outstanding (Basic)	104	103	102	103	111	113
Shares Outstanding (Diluted)	105	105	104	103	119	113
Shares Change (YoY)	0.28%	1.47%	0.41%	-13.09%	5.03%	-3.36%
EPS (Basic)	0.89	0.83	0.46	-2.57	2.66	-6.28
EPS (Diluted)	0.88	0.82	0.46	-2.57	2.63	-6.28
EPS Growth	41.64%	78.26%	-	-	-	-
Free Cash Flow	124.07	200.12	108.74	355.35	137.8	33.53
Free Cash Flow Per Share	1.18	1.90	1.05	3.44	1.16	0.30
Dividend Per Share	1.420	1.400	1.400	1.670	1.540	0.500
Dividend Growth	1.43%	-	-16.17%	8.44%	208.00%	-84.38%
Operating Margin	44.59%	42.81%	34.37%	-	73.24%	-
Profit Margin	32.57%	30.73%	20.21%	-	65.68%	-
Free Cash Flow Margin	43.61%	71.57%	46.46%	-	30.69%	-
Effective Tax Rate	-	0.37%	0.35%	-	-	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q