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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.