Annaly Capital Management Reports Strong 3rd Quarter 2025 Results

Summary

Annaly Capital Management, Inc. reported robust financial results for the third quarter of 2025, showing significant growth in earnings and portfolio value. The company reported GAAP net income of $1.21 per average common share, up from $0.03 per share in the second quarter of 2025. Earnings available for distribution (EAD) stood at $0.73 per average common share. The total investment portfolio increased to $122.1 billion, driven by growth in the Agency mortgage-backed securities portfolio. The company's economic return for the quarter was 8.1%, and year-to-date it achieved an economic return of 11.5%.