Annaly Capital Mgmt

Q2 FY2026 EarningsQ2 FY2026 GAAP net income hit $1.06 per share, while EAD reached $0.79, exceeding the increased dividend of $0.75 for the ninth consecutive quarter. Book value per share rose to $20.15 with a strong economic return of 5.5% for the quarter. The total portfolio expanded to $109.4B, with the highly liquid Agency portfolio growing to $95.0B. Economic leverage was lowered slightly to 5.6x as management maintained a conservative 97% hedge ratio amid macro uncertainty.