MidnightMadness
Oct 20, 11:53 PM
$ABR NLY reported earnings....Annalys Residential Credit portfolio had continued strong production from its whole loan correspondent channel, including record loan fundings of
$5.8B. Annaly Residential Credit Group issued twelve securitizations totaling a record
$7.4B and remained the largest non-bank issuer and second largest issuer overall of Prime Jumbo and Expanded Credit MBS.
Annaly generated EAD of
$0.80 per share, once again exceeding the common stock dividend; Annaly declared a quarterly stock cash dividend of
$0.75.
Bearish Takeaway
Annaly reported GAAP net loss of (
$1.36) per average common share and an economic return (loss) of (7.6%) for the third quarter.
CEO described Q3 2026 as a challenging period for fixed income markets and said Annaly was not immune to those conditions.
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