Annaly Capital Management (NLY) released its financial supplement for the third quarter ended September 30, 2026, reporting a significant decrease in book value and a GAAP net loss. The decline was primarily driven by unrealized losses on its investment portfolio. Despite the GAAP loss, the company's Earnings Available for Distribution (EAD), a key non-GAAP metric, remained stable, and the quarterly dividend was maintained.

Key Details

  • Book Value Per Share: $17.86 as of September 30, 2026, a decrease from $20.15 in the prior quarter.
  • GAAP Net Loss Per Share: ($1.36), compared to net income of $1.06 in Q2 2026.
  • Earnings Available for Distribution (EAD) Per Share: $0.80, compared to $0.79 in Q2 2026.
  • Quarterly Dividend: Declared a dividend of $0.75 per common share, consistent with the prior quarter.