Annaly Capital reports Q3 GAAP EPS of $1.21, up from $0.03 in Q2
Annaly Capital Management reported third-quarter 2025 results on October 22, 2025, with GAAP net income of $1.21 per average common share, up from $0.03 in the prior quarter. Earnings available for distribution were $0.73 per share, unchanged from the second quarter and up from $0.66 a year earlier, and book value per common share rose to $19.25 from $18.45. The company declared a $0.70 per share dividend, and the filing says earnings again exceeded that dividend.
Key points
- GAAP net income of $1.21 per average common share, versus $0.03 in Q2 2025 and $0.05 in Q3 2024
- Earnings available for distribution of $0.73 per share, versus $0.73 in Q2 2025 and $0.66 in Q3 2024
- Book value per common share of $19.25 at September 30, 2025, versus $18.45 at June 30, 2025
- Economic return of 8.1% for Q3 2025 and 11.5% year-to-date; quarterly dividend of $0.70 per share
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.