Annaly Capital Management Reports Strong Q3 2025 Financial Performance

Summary

Annaly Capital Management Inc. reported strong financial performance for the third quarter of 2025, with earnings available for distribution of $0.73 per average common share, exceeding the declared quarterly common stock cash dividend of $0.70 per share. The company's book value per common share stood at $19.25, and the net interest margin was 0.97%. Annaly's Agency portfolio grew by 10% to $87.3 billion, while the Residential Credit portfolio increased by 4% to $6.9 billion. The MSR portfolio expanded by 6% to $3.5 billion. The company maintained prudent leverage with an economic leverage ratio of 5.7x.