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NEW YORK, May 6, 2021 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the first quarter ended March 31, 2021.
First Quarter 2021 financial results update:
MFA generated first quarter net income of $77.3 million, or $0.17 per common share.
MFA paid a regular cash dividend for the first quarter of $0.075 per share of common stock on April 30, 2021.
GAAP book value at March 31, 2021 was $4.63 per common share, while Economic book value, a non-GAAP financial measure of MFA's financial position that adjusts GAAP book value by the amount of unrealized market value changes in residential whole loans held at carrying value for GAAP reporting, was $5.09 per common share at quarter-end.