Annaly Capital posts Q4 2023 GAAP loss of $0.88 per share; EAD $0.68
Annaly Capital Management reported a GAAP net loss of $0.88 per average common share for the quarter ended December 31, 2023, narrower than the $1.21 loss in the prior quarter but wider than the $1.96 loss a year earlier. Earnings available for distribution (EAD) were $0.68 per share, up from $0.66 in the third quarter but down from $0.89 a year earlier. Shareholders are affected by the mixed results, the quarterly dividend of $0.65 per share, and book value per common share rising to $19.44 from $18.25.
Key points
- GAAP net loss of $0.88 per share for Q4 2023, versus a $1.21 loss in Q3 2023 and a $1.96 loss in Q4 2022
- EAD of $0.68 per share for Q4 2023, versus $0.66 in Q3 2023 and $0.89 in Q4 2022
- Q4 2023 economic return of 10.1%; full-year 2023 GAAP net loss of $3.61 per share and economic return of 6.0%
- Declared quarterly common dividend of $0.65 per share; book value per common share of $19.44 at December 31, 2023
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 February 07, 2024.
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.