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MFA Financial MFA
$ 9.17 -0.33%
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Quarterly report 2026-Q1
added 05-05-2026

MFA Financial Income Statement 2025-2011 | MFA

Brief overview of profit and loss at MFA Financial

This overview is based on financial performance over the past five years. Revenue at MFA Financial moved from 359 million dollars in 2014 to 431 million dollars in 2019. The cumulative result was +20.1%, corresponding to roughly 3.7% per year. The business did not achieve meaningful top-line expansion.

Net profit was 314 million dollars at the start and 378 million dollars at the end. Net profit ended the five years at a local peak.

Market capitalization changed from 2.9 billion dollars to 3.6 billion dollars (+23.1%). Market value supported the favorable financial trajectory.

Financial takeaway

The results present an uneven picture without one dominant signal. The constructive conclusion rests on a stronger final result. Caution is warranted because of weak sales momentum. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement MFA Financial

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

1.04 B 1.07 B 1.14 B 1.15 B 2.01 B 1.65 B 3.56 B 3.07 B 2.84 B 2.92 B 2.36 B 2.89 B 2.66 B 3.2 B 2.47 B

Shares

104 M 103 M 102 M 103 M 111 M 453 M 454 M 422 M 389 M 372 M 372 M 369 M 362 M 357 M 341 M

Historical Prices

10 10.3 11.2 11.2 18.1 15.2 28.7 24.4 28.2 26.5 22.3 26.3 22.5 24.6 19.7

Net Income

177 M 119 M 80.2 M -232 M 329 M -679 M 378 M 302 M 322 M 313 M 313 M 314 M 303 M 307 M 316 M

Revenue

- - - - - -499 M 431 M 348 M 373 M 359 M 356 M 359 M 341 M 349 M 348 M

Cost of Revenue

77.7 M 87.7 M 85.8 M 76.7 M 53.8 M 31 M 32.2 M 28.4 M 31.7 M 29.3 M 26.3 M 25.6 M 20.3 M 22.1 M 19 M

Interest Expense

231 M 203 M 176 M 224 M 120 M 269 M 332 M 232 M 197 M 193 M 177 M 160 M 164 M 172 M 149 M

EBITDA

2.2 M 3.2 M 4.2 M 9.2 M 6.6 M - - - - - - - - - -

Operating Expenses

- - - - - 142 M 95 M 79 M 50 M 46 M 42 M 41 M 34 M 34 M 31 M

General and Administrative Expenses

41.7 M 44.3 M 43.9 M 36 M 28.9 M 56.7 M 52.6 M 46.1 M 49.6 M 45.6 M 42 M 40.7 M 33.7 M 33.6 M 30.2 M

All numbers in USD currency

Quarterly Income Statement MFA Financial

2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

104 M 102 M 104 M 104 M 104 M 102 M 104 M 103 M 103 M 102 M 102 M 102 M 102 M 102 M 102 M 103 M 107 M 108 M 110 M 442 M 113 M 452 M 453 M 453 M 453 M 452 M 451 M 451 M 450 M 450 M 429 M 398 M 398 M 398 M 397 M 386 M 373 M 372 M 373 M 373 M 371 M 371 M 372 M 370 M 372 M 370 M 370 M 368 M 366 M 365 M 364 M 361 M 358 M 358 M 357 M 357 M 356 M 356 M 356 M 355 M 298 M

Net Income

-984 K - 48.1 M 33.2 M 41.2 M - 48.2 M 41.9 M 23.2 M - -56.4 M -25.9 M 72.8 M - -55 M -100 M -82.9 M - 133 M 66.7 M 85.5 M 45.8 M 87.2 M 96.6 M -909 M 101 M 95.6 M 93 M 88.9 M 60.9 M 87.1 M 70.4 M 83.4 M 101 M 63.8 M 79.9 M 78.1 M 72.6 M 83 M 79 M 78.1 M 73.5 M 79.5 M 78.1 M 82.2 M 79.7 M 78.9 M 78.7 M 76.2 M 78.6 M 71.3 M 75.5 M 77.4 M 69.2 M 78.1 M 74.8 M 84.7 M 70.6 M 83.7 M 79.3 M 82.9 M

Cost of Revenue

22.2 M - 18.2 M 19.3 M 23.3 M - 22.4 M 21.7 M 25.5 M - 24.1 M 21.8 M 20.6 M - 21.1 M 19.1 M 19.6 M - 16.2 M 8.89 M 8.44 M - 11.7 M 8.58 M 8.9 M - 7.92 M 7.84 M 8.55 M - 6.87 M 7.04 M 6.75 M - 10.9 M 7.57 M 7.79 M - 7.08 M 7.02 M 7.41 M - 6.48 M 6.53 M 6.75 M - 5.97 M 5.9 M 6.51 M - 5.29 M 5.28 M 5.27 M - 5.98 M 5.16 M 5.61 M - 5.48 M 4.99 M 5.12 M

Interest Expense

59.2 M - 56.8 M 61.3 M 57.5 M - 50.6 M 53.5 M 47.8 M - 46.1 M 44.5 M 92.8 M - 71.6 M 56.7 M 43.3 M - 29.1 M 25.6 M 30.1 M 41 M 56 M 88 M 83.8 M 82.5 M 85.8 M 85 M 79 M 70.9 M 58.9 M 51.8 M 50.6 M 48.5 M 49.3 M 49 M 50.3 M 49.9 M 48.2 M 47.7 M 47.6 M 46.5 M 43.7 M 42.8 M 43.9 M 39 M 39.4 M 40.6 M 40.9 M 43.4 M 42 M 38.5 M 40.2 M 43.1 M 45.8 M 42.7 M 40.1 M 38.8 M 38.8 M 37.2 M 34.7 M

EBITDA

300 K - 300 K 800 K 800 K - 800 K 800 K 800 K - 800 K 1.3 M 1.3 M - 1.3 M 3.3 M 3.3 M - 3.3 M - - - - - 3.58 M - - 1.08 M 432 K - 1.35 M 805 K 423 K - 1.2 M 439 K 210 K - 746 K 565 K 272 K - 567 K 332 K 115 K - 936 K 657 K 327 K - 3.13 M 2.16 M 1.1 M - 2.47 M 1.32 M 427 K - 2.26 M 901 K 521 K

General and Administrative Expenses

12.2 M - 10.8 M 10.6 M 10.3 M - 11.4 M 10.8 M 12 M - 10.1 M 11.5 M 10.2 M - 8.81 M 10.5 M 8.7 M - 8.66 M 7.89 M 6.79 M - 6.61 M 7.65 M 4.58 M - 5.02 M 5.93 M 4.64 M - 4.16 M 5.58 M 3.83 M - 4.08 M 5.75 M 4.22 M - 3.71 M 4.88 M 3.92 M - 3.54 M 4.68 M 3.46 M - 3.83 M 4.08 M 3.96 M - 3.43 M 3.56 M 3.18 M - 2.67 M 3.21 M 2.8 M - 3.03 M 2.79 M 2.16 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company MFA Financial (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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