MFA Financial Q3 Profit Increases - Quick Facts

(RTTNews) - MFA Financial, Inc. (MFA) reported that its third-quarter net income available to common shareholders for the third quarter ended September 30, 2014 was $75.1 million, or $0.20 per share up from $67.58 million or $0.19 per share in the previous year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Net income of $75.1 million included $13.9 million of gains realized on sales of MBS and a $1.8 million decline in the fair value of the securities underlying "Linked Transactions."

Net interest income dropped to $71.60 million from $76.53 million in the previous year. Net Other Income was $17.69 million, up from $5.56 million last year.