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ANNALY CAPITAL MANAGEMENT (NLY)

Earnings summaries and quarterly performance for ANNALY CAPITAL MANAGEMENT.

Recent press releases and 8-K filings for NLY.

Annaly Capital Management Reports Strong Q3 2025 Earnings
NLY
Earnings
Revenue Acceleration/Inflection
Dividends
  • Annaly Capital Management reported strong Q3 2025 earnings, with net income between $791 million and $843 million and earnings per share ranging from $0.73 to $1.21.
  • The company's revenue for the third quarter reached approximately $275.75 million, representing a 1957.8% increase year-over-year.
  • Annaly achieved an 8.1% economic return for the quarter and 11.5% year-to-date, with earnings exceeding dividends.
  • The company's GAAP leverage ratio was 7.1x, and economic leverage slightly reduced from 5.8x to 5.7x quarter-over-quarter.
Oct 22, 2025, 11:37 PM
Annaly Capital Management, Inc. Reports Strong Q3 2025 Results
NLY
Earnings
Dividends
Convertible Preferred Issuance
  • Annaly Capital Management, Inc. reported GAAP net income of $1.21 per average common share and Earnings available for distribution (EAD) of $0.73 per average common share for the third quarter ended September 30, 2025.
  • The company achieved an economic return of 8.1% for the third quarter, contributing to an 11.5% economic return year-to-date through the third quarter.
  • Book value per common share stood at $19.25 as of September 30, 2025, and a common stock cash dividend of $0.70 per share was declared for the quarter.
  • Annaly raised $1.1 billion of accretive capital during the quarter, including $823 million in common equity and $275 million through the issuance of 8.875% Series J fixed-rate cumulative redeemable preferred stock, which supported a 10% increase in its Agency portfolio and a 4% increase in its Residential Credit portfolio.
Oct 22, 2025, 8:15 PM
Annaly Capital Management Acquires Mortgage Servicing Rights Portfolio
NLY
M&A
New Projects/Investments
  • Annaly Capital Management acquired a mortgage servicing rights (MSR) portfolio from Pennymac Financial Services, increasing its holdings to approximately 680,000 loans with an unpaid principal balance of $219 billion.
  • The acquired MSR portfolio has a market valuation of approximately $3.3 billion as of June 2025, comprising high-quality conventional loans with a weighted average FICO score of 757 at origination.
  • Pennymac Financial Services will continue to manage all servicing and recapture activities for the MSRs sold to Annaly.
  • This acquisition aligns with Annaly's strategy to optimize returns and maintain prudent leverage, further solidifying its position as a top 10 servicer of Agency mortgage-backed securities.
Oct 2, 2025, 1:44 AM
Annaly Capital Management and PennyMac Financial Services Announce Strategic Partnership and MSR Purchase
NLY
M&A
New Projects/Investments
  • Annaly Capital Management, Inc. and PennyMac Financial Services, Inc. have entered into a strategic subservicing agreement and a master purchase agreement.
  • Concurrent with these agreements, Annaly agreed to purchase a portfolio of mortgage servicing rights (MSR) from Pennymac.
  • Pennymac will handle all servicing and recapture activities for the MSRs sold to Annaly.
  • As of June 30, 2025, Annaly's MSR portfolio consists of approximately 680,000 loans, totaling $219 billion in unpaid principal balance and $3.3 billion in market value.
Oct 1, 2025, 8:15 PM

Quarterly earnings call transcripts for ANNALY CAPITAL MANAGEMENT.