Jun 2026 (Q2 FY26) — Aug 5, 2026
MFA Financial Q2 FY26 — Strong Portfolio Growth and Delinquency Resolution
Read the full callMFA Financial earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 46.8 | +41.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $9.06 on 17 Oct 2025 → $6.41. High $10.39 (1 May 2026), low $6.41 (19 Oct 2026).
Overview
Call summaries
MFA Financial Q2 FY26 — Strong Portfolio Growth and Delinquency Resolution
Read the full callEvery analysed call
Financials
Net profit, year on year: +41% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Expenses | 43 | 40 | 42 | 39 | 39 | 35 | 45 | 42 |
| Profit before tax | 50 | 3 | 40 | 33 | 48 | 54 | -1 | 47 |
| Tax rate | 3.0% | −71.8% | −2.2% | 0.7% | −0.2% | 0.0% | 0.0% | 0.0% |
| Net profit | 48 | 6 | 41 | 33 | 48 | 54 | -1 | 47 |
| EPS ($ per share) | 0.38 | — | 0.32 | 0.22 | 0.36 | — | -0.11 | 0.35 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 4 | 5 | 5 | 1 | 1 | 1 | 1 | 1 |
| Reserves | -632 | -631 | -1,405 | -1,279 | -1,718 | -1,818 | -1,880 | -1,896 |
| Total liabilities | 9,004 | 10,184 | 4,407 | 6,597 | 7,124 | 8,873 | 9,568 | 11,219 |
| Total assets | 12,420 | 13,568 | 6,932 | 9,140 | 9,112 | 10,773 | 11,410 | 13,046 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 148 | 216 | 38 | 138 | 355 | 109 | 200 | 76 |
| Cash from investing | -2,158 | -1,135 | 6,384 | -2,185 | -1,116 | -1,550 | -425 | -1,786 |
| Cash from financing | 1,635 | 965 | -5,735 | 1,630 | 850 | 1,435 | 338 | 1,495 |
| Net cash flow | -375 | 46 | 687 | -417 | 90 | -6 | 113 | -215 |
| Capital expenditure | -1 | -2 | -5 | -12 | -0 | — | — | — |
| Free cash flow | 147 | 214 | 34 | 126 | 355 | — | — | — |
30 filings between Jan 8, 2026 and Jan 15, 2026.
Nobody bought or sold MFA on the open market in this window. The filings below are 16 option exercises and 14 tax withholdings.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jan 15, 2026 | Goodman Laurie Director | Option exercise | 3,473 | — |
| Jan 15, 2026 | JOSEPHS ROBIN Director | Option exercise | 3,473 | — |
| Jan 8, 2026 | Knutson Craig L CEO | Option exercise | 157,481 | $0 |
| Jan 8, 2026 | Knutson Craig L CEO | Option exercise | 538,186 | $0 |
| Jan 8, 2026 | Knutson Craig L CEO | Tax withheld | 81,087 | $776.0K |
| Jan 8, 2026 | Knutson Craig L CEO | Tax withheld | 42,127 | $403.2K |
| Jan 8, 2026 | Lin Mei Sr. VP & Co-Controller | Option exercise | 4,922 | $0 |
| Jan 8, 2026 | Lin Mei Sr. VP & Co-Controller | Option exercise | 16,823 | $0 |
| Jan 8, 2026 | Lin Mei Sr. VP & Co-Controller | Tax withheld | 2,057 | $19.7K |
| Jan 8, 2026 | Lin Mei Sr. VP & Co-Controller | Tax withheld | 1,335 | $12.8K |
| Jan 8, 2026 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Option exercise | 15,749 | $0 |
| Jan 8, 2026 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Option exercise | 53,827 | $0 |
| Jan 8, 2026 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Tax withheld | 8,810 | $84.3K |
| Jan 8, 2026 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Tax withheld | 3,217 | $30.8K |
| Jan 8, 2026 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Option exercise | 15,749 | $0 |
| Jan 8, 2026 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Option exercise | 53,827 | $0 |
| Jan 8, 2026 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Tax withheld | 9,479 | $90.7K |
| Jan 8, 2026 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Tax withheld | 3,461 | $33.1K |
| Jan 8, 2026 | Schwartz Harold E Senior Vice President | Option exercise | 26,575 | $0 |
| Jan 8, 2026 | Schwartz Harold E Senior Vice President | Option exercise | 90,821 | $0 |
| Jan 8, 2026 | Schwartz Harold E Senior Vice President | Tax withheld | 15,465 | $148.0K |
| Jan 8, 2026 | Schwartz Harold E Senior Vice President | Tax withheld | 5,582 | $53.4K |
| Jan 8, 2026 | Seemungal Natasha Sr. VP & Co-Controller | Option exercise | 4,922 | $0 |
| Jan 8, 2026 | Seemungal Natasha Sr. VP & Co-Controller | Option exercise | 16,823 | $0 |
| Jan 8, 2026 | Seemungal Natasha Sr. VP & Co-Controller | Tax withheld | 2,266 | $21.7K |
| Jan 8, 2026 | Seemungal Natasha Sr. VP & Co-Controller | Tax withheld | 1,470 | $14.1K |
| Jan 8, 2026 | Wulfsohn Bryan Pres. & Chief Invest. Ofcr. | Option exercise | 67,914 | $0 |
| Jan 8, 2026 | Wulfsohn Bryan Pres. & Chief Invest. Ofcr. | Option exercise | 232,090 | $0 |
| Jan 8, 2026 | Wulfsohn Bryan Pres. & Chief Invest. Ofcr. | Tax withheld | 35,432 | $339.1K |
| Jan 8, 2026 | Wulfsohn Bryan Pres. & Chief Invest. Ofcr. | Tax withheld | 13,339 | $127.7K |
| Sep 15, 2025 | Lin Mei Sr. VP & Co-Controller | Sale | 2,775 | $28.0K |
| Jun 4, 2025 | Stamps Sheila A Director | Award | 15,840 | $150.0K |
| Jan 17, 2025 | Goodman Laurie Director | Option exercise | 3,153 | — |
| Jan 17, 2025 | JOSEPHS ROBIN Director | Option exercise | 3,153 | — |
| Jan 7, 2025 | Schwartz Harold E Senior Vice President | Tax withheld | 4,168 | $41.9K |
| Jan 7, 2025 | Knutson Craig L CEO | Option exercise | 69,717 | $0 |
| Jan 7, 2025 | Knutson Craig L CEO | Option exercise | 81,818 | $0 |
| Jan 7, 2025 | Knutson Craig L CEO | Tax withheld | 34,406 | $345.8K |
| Jan 7, 2025 | Knutson Craig L CEO | Tax withheld | 102,196 | $1.03M |
| Jan 7, 2025 | Lin Mei Sr. VP & Co-Controller | Option exercise | 2,724 | $0 |
| Jan 7, 2025 | Schwartz Harold E Senior Vice President | Tax withheld | 14,887 | $149.6K |
| Jan 7, 2025 | Lin Mei Sr. VP & Co-Controller | Option exercise | 3,194 | $0 |
| Jan 7, 2025 | Lin Mei Sr. VP & Co-Controller | Tax withheld | 1,079 | $10.8K |
| Jan 7, 2025 | Lin Mei Sr. VP & Co-Controller | Tax withheld | 3,214 | $32.3K |
| Jan 7, 2025 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Option exercise | 4,902 | $0 |
| Jan 7, 2025 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Option exercise | 5,751 | $0 |
| Jan 7, 2025 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Tax withheld | 2,910 | $29.2K |
| Jan 7, 2025 | Roper Michael Charles Sr. VP & Chief Financial Ofcr | Tax withheld | 8,279 | $83.2K |
| Jan 7, 2025 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Option exercise | 4,902 | $0 |
| Jan 7, 2025 | Samuels Lori R SVP & Chief Loan Ops. Ofcr | Option exercise | 5,751 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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