Annaly Capital Management Releases Q3 2026 Financial Supplement

Annaly Capital Management Inc (NYSE: NLY) – Form 8-K Summary

Overview of Filing

On October 20, 2026, Annaly Capital Management, Inc. filed a Current Report on Form 8-K under Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits), announcing the release of its financial supplement for the third quarter ended September 30, 2026, filed as Exhibit 99.1.

Key Financial Highlights (Q3 2026 vs. Q2 2026)

• GAAP Net Income (Loss): $(1,000,698) thousand, or $(1.36) per average common share, compared to $827,773 thousand ($1.06 per share) in Q2 2026, driven primarily by net losses on investments and other of $(4.72) billion offset by net gains on derivatives of $3.07 billion.
• Earnings Available for Distribution (EAD): $649,140 thousand total ($607,835 thousand attributable to common stockholders), or $0.80 per average common share, compared to $0.79 per share in Q2 2026.
• Book Value: Book value per common share stood at $17.86 as of September 30, 2026, down from $20.15 as of June 30, 2026.
• Dividends Declared: $0.75 per common share for the quarter, consistent with Q2 2026.
• Leverage & Capital Ratios:
  • GAAP Leverage: 8.0x (vs. 7.4x at Q2 2026)
  • Economic Leverage: 5.9x (vs. 5.6x at Q2 2026)
  • GAAP Capital Ratio: 10.9% (vs. 11.8% at Q2 2026)
  • Economic Capital Ratio: 14.2% (vs. 14.9% at Q2 2026)
• Net Interest Margin:
  • GAAP NIM of 1.54% (vs. 1.47% in Q2 2026)
  • NIM excluding PAA of 1.69% (vs. 1.76% in Q2 2026)

Portfolio Overview

• Total investment portfolio reached $140.54 billion as of September 30, 2026, compared to $139.25 billion in Q2 2026.
• Agency MBS securities comprised $85.29 billion, residential mortgage loans accounted for $6.87 billion, and assets transferred or pledged to securitization vehicles stood at $42.46 billion.