Earnings summaries and quarterly performance for ANNALY CAPITAL MANAGEMENT.
Executive leadership at ANNALY CAPITAL MANAGEMENT.
Board of directors at ANNALY CAPITAL MANAGEMENT.
Research analysts who have asked questions during ANNALY CAPITAL MANAGEMENT earnings calls.
Bose George
Keefe, Bruyette & Woods
10 questions for NLY
Also covers: ACT, AGM, AGNC +25 more
Eric Hagen
BTIG
9 questions for NLY
Also covers: AGNC, AOMR, ARR +21 more
TC
Trevor Cranston
Citizens JMP
9 questions for NLY
Also covers: AGNC, ARR, CIM +10 more
DH
Douglas Harter
UBS
6 questions for NLY
Also covers: ACRE, ACT, AGNC +42 more
HH
Harsh Hemnani
Green Street
6 questions for NLY
Also covers: AGNC, ARI, BXMT +2 more
JS
Jason Stewart
Janney Montgomery Scott LLC
6 questions for NLY
Also covers: AGNC, AJX, AOMR +12 more
RS
Richard Shane
JPMorgan Chase & Co.
6 questions for NLY
Also covers: ABR, ACRE, ACT +19 more
JW
Jason Weaver
Unaffiliated Analyst
4 questions for NLY
Also covers: AGNC, ARR, BRSP +15 more
ME
Matthew Erdner
JonesTrading Institutional Services
4 questions for NLY
Also covers: ACR, AGNC, AOMR +18 more
RS
Rick Shane
JPMorgan Chase & Co.
4 questions for NLY
Also covers: ABR, ACT, AGNC +9 more
DH
Doug Harter
UBS Group AG
3 questions for NLY
Also covers: ARCC, ARR, BETR +15 more
Crispin Love
Piper Sandler
2 questions for NLY
Also covers: ABL, ABR, AGNC +24 more
KL
Kenneth Lee
RBC Capital Markets
2 questions for NLY
Also covers: AAMI, AMP, APAM +17 more
DM
Douglas Michael Harter
UBS Investment Bank
1 question for NLY
Also covers: TWO
Eric J. Hagen
BTIG LLC
1 question for NLY
TJ
Trevor John Cranston
Citizens JMP Securities LLC
1 question for NLY
Recent press releases and 8-K filings for NLY.
Annaly Reports Strong Q4 and Full Year 2025 Economic Returns and Portfolio Growth
NLY
Earnings
Dividends
- Annaly delivered a 20.2% economic return for the full year 2025 and an 8.6% economic return for the fourth quarter 2025.
- Earnings available for distribution (EAD) per average common share were $0.74 for Q4 2025, with a quarterly common stock cash dividend declared of $0.70 per share.
- Book value per common share increased to $20.21 in Q4 2025, and the company maintained a conservative economic leverage of 5.6x, down from 5.7x in Q3 2025.
- The total portfolio reached $104.7 billion in Q4 2025, with significant year-over-year growth in the Agency (32%), Residential Credit (15%), and MSR (15%) portfolios.
Jan 29, 2026, 2:00 PM
Annaly Capital Management Reports Strong Q4 and Full-Year 2025 Results
NLY
Earnings
Dividends
New Projects/Investments
- Annaly Capital Management achieved an economic return of 8.6% in Q4 2025 and 20.2% for the full year 2025, with a total shareholder return of 40% for the year.
- The book value per share increased 5% to $20.21 as of December 31, 2025, from $19.25 in the prior quarter.
- Earnings Available for Distribution (EAD) per share for Q4 2025 was $0.74, exceeding the dividend, and management expressed confidence in the dividend's safety for 2026.
- The company raised $560 million in common equity in Q4 2025, contributing to $2.9 billion in total equity raised for 2025, which supported a 30% portfolio growth for the year.
- Annaly plans to increase capital allocation to its non-agency strategies, with a long-term target of 50% agency, 30% residential credit (RESI), and 20% MSR.
Jan 29, 2026, 2:00 PM
Annaly Capital Management Reports Strong Q4 and Full-Year 2025 Results
NLY
Earnings
Dividends
New Projects/Investments
- Annaly Capital Management achieved an economic return of 8.6% for Q4 2025 and 20.2% for the full year 2025, alongside a 40% total shareholder return for the year.
- The company's Earnings Available for Distribution (EAD) per share rose to $0.74 in Q4 2025, surpassing its dividend, and book value per share increased 5% to $20.21 as of December 31, 2025.
- Annaly raised $560 million in common equity in Q4 2025, contributing to $2.9 billion in total equity raised for 2025, which enabled 30% accretive portfolio growth.
- The economic leverage ratio stood at 5.6x, and management expressed confidence in the dividend's safety for 2026.
- The portfolio ended 2025 with Agency at $93 billion (62% of capital), Residential Credit at $8 billion (19% of capital), and MSR at $3.8 billion (19% of capital), with a strategic aim to increase future capital allocation to Residential Credit and MSR.
Jan 29, 2026, 2:00 PM
Annaly Capital Management Reports Strong Q4 and Full-Year 2025 Results
NLY
Earnings
Guidance Update
New Projects/Investments
- Annaly Capital Management reported a Q4 2025 economic return of 8.6% and a full-year 2025 economic return of 20.2%, achieving a total shareholder return of 40% for the full year.
- The company's book value per share increased 5% to $20.21 as of December 31, 2025, and Earnings Available for Distribution (EAD) per share rose to $0.74, exceeding its dividend.
- Annaly raised $2.9 billion in total equity in 2025, including $560 million of common equity in Q4, which enabled a 30% growth in its portfolio for the year.
- The Agency portfolio ended 2025 at $93 billion, Residential Credit at $8 billion, and MSR at $3.8 billion, with a strategic aim to increase capital allocation to Residential Credit and MSR in 2026 towards a long-term target of 50% agency, 30% RESI, and 20% MSR.
Jan 29, 2026, 2:00 PM
Annaly Capital Management Reports Strong Q4 and Full-Year 2025 Financial and Portfolio Performance
NLY
Earnings
Dividends
New Projects/Investments
- Annaly reported earnings available for distribution of $0.74 per average common share for the fourth quarter ended December 31, 2025, and a book value per common share of $20.21.
- The company declared a quarterly common stock cash dividend of $0.70 per share and achieved an economic return of 20.2% for the full year 2025.
- Annaly's total portfolio reached $104.7 billion as of December 31, 2025, with the Agency portfolio growing 32% year-over-year and both the Residential Credit and MSR portfolios increasing 15% year-over-year.
- Annaly maintained an economic leverage of 5.6x in Q4 2025 and raised $2.9 billion of accretive capital in 2025.
- The Residential Credit Group priced 29 residential whole loan securitizations totaling $15.2 billion in proceeds in 2025, and the MSR business was the second largest buyer of conventional MSR in 2025, onboarding nearly $60 billion of UPB.
Jan 28, 2026, 9:26 PM
Annaly Capital Management Inc. Reports Q4 2025 Financial Results
NLY
Earnings
Dividends
- Annaly Capital Management Inc. reported GAAP net income per average common share of $1.40 for the fourth quarter ended December 31, 2025, an increase from $1.21 in the prior quarter.
- Earnings available for distribution per average common share (EAD) was $0.74 for Q4 2025, slightly up from $0.73 in Q3 2025.
- The company's book value per common share increased to $20.21 as of December 31, 2025, compared to $19.25 at September 30, 2025.
- The total investment portfolio grew to $132,050,338 thousand for Q4 2025, up from $122,095,347 thousand in Q3 2025.
- Annaly declared dividends of $0.70 per common share for the quarter ended December 31, 2025.
Jan 28, 2026, 9:21 PM
Annaly Capital Management Reports Strong Q4 and Full-Year 2025 Results
NLY
Earnings
Debt Issuance
New Projects/Investments
- Annaly Capital Management, Inc. reported GAAP net income of $1.40 per average common share and Earnings available for distribution (EAD) of $0.74 per average common share for the fourth quarter of 2025. For the full year 2025, both GAAP net income and EAD were $2.92 per average common share.
- The company achieved an economic return of 8.6% for Q4 2025 and 20.2% for the full year 2025, with a book value per common share of $20.21 as of December 31, 2025.
- The total portfolio reached $104.7 billion in Q4 2025, driven by a 32% ($22 billion) increase in the Agency portfolio and significant growth in the Residential Credit and MSR portfolios throughout 2025.
- Annaly raised $2.9 billion of accretive capital during 2025, including $2.6 billion of common equity and $275 million of preferred stock, and closed a record 29 securitizations totaling $15.2 billion.
Jan 28, 2026, 9:16 PM
Annaly Capital Management, Inc. Reports Q4 and Full Year 2025 Results
NLY
Earnings
Dividends
New Projects/Investments
- Annaly Capital Management, Inc. reported GAAP net income of $1.40 per average common share for Q4 2025 and $2.92 for the full year 2025, with Earnings Available for Distribution (EAD) of $0.74 per average common share for Q4 2025 and $2.92 for the full year 2025.
- The company achieved an economic return of 8.6% for Q4 2025 and 20.2% for the full year 2025, alongside a book value per common share of $20.21 as of December 31, 2025.
- Annaly's total portfolio grew to $104.7 billion, with the Agency portfolio increasing by 32% or $22 billion throughout 2025, and the Residential Credit portfolio increasing by 15% during the year.
- Economic leverage was 5.6x at the end of Q4 2025, down from 5.7x in the prior quarter, while GAAP leverage was 7.2x, up from 7.1x.
- A common stock cash dividend of $0.70 per share was declared for the fourth quarter 2025.
Jan 28, 2026, 9:15 PM
Annaly Capital Management Reports Strong Q4 2025 Results
NLY
Earnings
Dividends
Revenue Acceleration/Inflection
- Annaly Capital Management exceeded expectations in Q4 2025 with Earnings Available for Distribution of $0.74 per share and declared a $0.70 quarterly dividend.
- The company reported a material increase in net interest income to $366.6 million in Q4 2025, up from $275.8 million in Q3 2025, and total revenue of $921.8 million, a 74.8% year-over-year increase.
- Book value rose to $20.21 per share, total assets reached $135.6 billion, and the agency portfolio expanded approximately 6% to $92.9 billion.
- The stock's initial market reaction was modestly positive, with shares trading around $24.36 ahead of the report, though one valuation model suggests it may be ~4.4% overvalued at $23.34.
Jan 28, 2026, 12:09 PM
Annaly Capital Management Inc. Confirms Financial Compliance and NYSE Listing Application
NLY
Debt Issuance
Delisting/Listing Issues
Legal Proceedings
- Annaly Capital Management Inc. has applied to have its Shares listed on the NYSE, and approval is expected subject to official notice of issuance.
- The company confirms it has not failed to pay any dividend or sinking fund installment on preferred stock and has not defaulted on any installment on indebtedness for borrowed money or long-term leases that would materially adversely affect its financial position.
- The operations of the company and its subsidiaries are in material compliance with Anti-Money Laundering Laws, with no related actions pending or threatened.
- Neither the company nor its subsidiaries, directors, officers, or employees are subject to Sanctions, and the company will not use offering proceeds in a manner that violates Sanctions.
Dec 22, 2025, 9:08 PM
Quarterly earnings call transcripts for ANNALY CAPITAL MANAGEMENT.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more