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MFA Financial (MFA)
NYSE:MFA
US Market
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MFA Financial (MFA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 19, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
0.27
Last Year’s EPS
0.39
Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted MFA Financial's progress in several strategic initiatives, including capital deployment, expense reductions, and growth at Lima One. However, challenges such as a decline in distributable earnings and ongoing pressure from credit losses were noted. While positive measures are underway to improve ROEs and earnings, the immediate financial impact remains tempered by these challenges.
Company Guidance
In the third quarter of 2025, MFA Financial reported a total economic return of 2.6% for shareholders, with GAAP book value at $13.13 per share and economic book value at $13.69 per share. The company generated GAAP earnings of $48.1 million, or $0.36 per basic common share, and net interest income of $56.8 million. Distributable earnings were approximately $21 million, or $0.20 per share, with a noted decline due to credit losses on the loan portfolio amounting to $0.11 per share. The company highlighted several initiatives to enhance earnings and return on equity, including increased capital deployment into target asset classes, expense reductions targeting 7% to 10% savings, and resolving nonperforming loans, which declined to $47 million in 2025 from $86 million. The company also repurchased approximately 500,000 shares of common stock at a 27% discount to economic book value, and increased their Agency MBS portfolio to $2.2 billion. Additionally, MFA Financial plans to resume multifamily lending in early 2026, having paused it to review and improve multifamily underwriting guidelines.
Total Economic Return
MFA Financial delivered a total economic return of 2.6% to shareholders for the third quarter of 2025.
Capital Deployment and Liquidity Strategy
Increased confidence to deploy more excess liquidity into target asset classes, including Agency MBS, with plans to invest $100 million of excess cash into higher ROE assets.
Lima One Origination Growth
Lima One originated $260 million of business purpose loans during the quarter, a 20% increase from the second quarter.
Expense Reduction Initiatives
Achieved a reduction in G&A expenses by 11% year-to-date compared to the same period last year, with ongoing efforts to reduce run rate G&A expenses by 7% to 10%.
Nonperforming Loan Resolution
Delinquent loans were reduced from $86 million to $47 million in 2025, and the multifamily transitional loan portfolio is almost half of what it was a year ago.

MFA Financial (MFA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

MFA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 19, 2026
2025 (Q4)
0.27 / -
0.39
Nov 06, 2025
2025 (Q3)
0.28 / 0.20
0.37-45.95% (-0.17)
Aug 06, 2025
2025 (Q2)
0.29 / 0.24
0.44-45.45% (-0.20)
May 06, 2025
2025 (Q1)
0.32 / 0.29
0.35-17.14% (-0.06)
Feb 19, 2025
2024 (Q4)
0.40 / 0.39
0.49-20.41% (-0.10)
Nov 06, 2024
2024 (Q3)
0.41 / 0.37
-0.64157.81% (+1.01)
Aug 08, 2024
2024 (Q2)
0.38 / 0.44
-0.34229.41% (+0.78)
May 06, 2024
2024 (Q1)
0.39 / 0.35
0.62-43.55% (-0.27)
Feb 22, 2024
2023 (Q4)
0.38 / 0.49
-0.022550.00% (+0.51)
Nov 07, 2023
2023 (Q3)
0.44 / -0.64
-0.62-3.23% (-0.02)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

MFA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
$9.26$8.97-3.13%
Aug 06, 2025
$8.82$8.84+0.23%
May 06, 2025
$9.18$8.69-5.34%
Feb 19, 2025
$9.22$9.23+0.11%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does MFA Financial (MFA) report earnings?
MFA Financial (MFA) is schdueled to report earning on Feb 19, 2026, Before Open (Confirmed).
    What is MFA Financial (MFA) earnings time?
    MFA Financial (MFA) earnings time is at Feb 19, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is MFA EPS forecast?
          MFA EPS forecast for the fiscal quarter 2025 (Q4) is 0.27.
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