MFA FINANCIAL, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $46.8M | $-984.0K | $54.3M | $48.1M | $33.2M | $41.2M | $5.9M | $48.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $300.0K | $300.0K | $300.0K | $300.0K | $800.0K | $800.0K | $800.0K | $800.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $128.8M | $71.1M | $37.6M | $14.7M | $38.5M | $-14.6M | $111.4M | $-11.3M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-687.9M | $-225.6M | $-1.23B | $-272.0M | $-30.5M | $-251.5M | $-241.8M | $89.9M |
| Financing Activities | ||||||||
| Dividends Paid | $37.7M | $38.9M | $37.3M | $37.6M | $37.4M | $35.9M | $36.0M | $36.0M |
| Stock Repurchases | $5.1M | $9.0M | $5.0M | $5.1M | $0 | $5.2M | $0 | $0 |
| Net Cash from Financing Activities | $458.5M | $178.7M | $1.04B | $249.3M | $63.7M | $138.1M | $228.8M | $-117.1M |
| Net Change in Cash | $-100.6M | $24.1M | $-150.3M | $-8.0M | $71.7M | $-128.0M | $98.4M | $-38.5M |
| Free Cash Flow | — | — | — | — | — | — | — | — |