ANNALY CAPITAL $NLY Q3โ26 EARNINGS HIGHLIGHTS
๐น Adj. EPS: $0.80 (Est. $0.77) ๐ข
๐น Interest Income: $1.97B (Est. $1.81B) ๐ข
๐น Book Value/Share: $17.86 (Est. $20.30) ๐ด
๐น Economic Return: -7.6%
๐น Dividend: $0.75/share
Other Q3 Metrics:
๐น GAAP EPS: -$1.36
๐น Net Interest Income: $543.6M
๐น Net Interest Margin ex-PAA: 1.69%
๐น Economic Leverage: 5.9x
๐น Total Portfolio: $106.5B
๐น Agency Portfolio: $91.8B
๐น Hedge Ratio: 100%
Key Updates:
๐น Securitizations: issued twelve totaling a record $7.4B
๐น Series I Preferred Stock: announced redemption of all outstanding shares totaling $442.5M
๐น At-the-market sales program: raised $757M of accretive capital
Comments:
๐ธ โWhile the third quarter of 2026 was a challenging period for fixed income markets, which we were not immune to, we entered the quarter prepared for the volatility. Our cycle-low leverage and minimal duration exposure provided us with the flexibility to actively manage our portfolio while continuing to make attractive investments across our three strategies,โ