AI brief of an SEC Form 8-K · Annaly Capital Management (NLY)

Annaly Q1 GAAP profit of $0.85 per share, reversing $0.88 loss in Q4 2023

Mixed Impact 3 of 5 earnings Written later

Annaly Capital Management reported first-quarter 2024 results, with GAAP net income of $0.85 per average common share, compared with a loss of $(0.88) in the fourth quarter of 2023. Earnings available for distribution fell to $0.64 per share from $0.68 in the prior quarter, while book value per common share rose to $19.73 and the company declared a $0.65 quarterly dividend.

Key points

  • GAAP net income of $0.85 per average common share, versus a $(0.88) loss in Q4 2023 and a $(1.79) loss in Q1 2023.
  • Earnings available for distribution of $0.64 per share, down from $0.68 in Q4 2023 and $0.81 in Q1 2023.
  • Book value per common share of $19.73, up from $19.44 at December 31, 2023; economic return of 4.8% for the quarter.
  • Declared quarterly common dividend of $0.65 per share; GAAP leverage of 6.7x, down from 6.8x.

The filing

CompanyAnnaly Capital Management (NLY)
Form8-K, current report
Filed with the SECApr 24, 2024, 4:15 PM ET
Accession number0001628280-24-017650

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 April 24, 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.