Non-Current Assets
Fair value of servicing rights
Annaly Capital Management Fair value of servicing rights increased by 12.9% to $4.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.8%, from $3.27B to $4.12B. Over 5 years (FY 2020 to FY 2025), Fair value of servicing rights shows an upward trend with a 104.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
First reportedQ4 2015
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase suggests higher expected future servicing cash flows, often driven by rising interest rate environments.
Detailed definition
This represents the fair market value of the bank's rights to service mortgage loans for third-party investors. These as...
Peer comparison
Standard for banks with significant mortgage banking operations; highly correlated with interest rate cycles.
Metric ID:
non_current_assets_servicing_asset_at_fair_value_amountHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $202.62M | $572.26M | $544.56M | $1.11B | $1.42B | $1.71B | $1.75B | $1.79B | $2.02B | $2.23B | $2.12B | $2.65B | $2.79B | $2.69B | $2.91B | $3.27B | $3.28B | $3.48B | $3.65B | $4.12B |
| QoQ Change | — | +182.4% | -4.8% | +103.6% | +28.2% | +20.0% | +2.5% | +2.4% | +12.7% | +10.7% | -5.0% | +24.9% | +5.1% | -3.3% | +8.0% | +12.5% | +0.3% | +5.9% | +4.9% | +12.9% |
| YoY Change | — | — | — | — | +601.5% | +198.0% | +221.0% | +61.5% | +42.0% | +31.1% | +21.4% | +48.0% | +38.0% | +20.5% | +37.1% | +23.4% | +17.8% | +29.1% | +25.3% | +25.8% |
Range$202.62M – $4.12B
CAGR+88.5%
Avg YoY Growth+90.1%
Median YoY Growth+34.1%
Current Streak6 quarters growth
Fair value of servicing rights at Other Companies
Frequently Asked Questions
- What is Annaly Capital Management's fair value of servicing rights?
- Annaly Capital Management (NLY) reported fair value of servicing rights of $4.12B in Q1 2026.
- How has Annaly Capital Management's fair value of servicing rights changed year-over-year?
- Annaly Capital Management's fair value of servicing rights increased by 25.8% year-over-year, from $3.27B to $4.12B.
- What is the long-term trend for Annaly Capital Management's fair value of servicing rights?
- Over 5 years (2020 to 2025), Annaly Capital Management's fair value of servicing rights has grown at a 104.9% compound annual growth rate (CAGR), from $100.90M to $3.65B.
- What does fair value of servicing rights mean?
- The current market value of the bank's contractual rights to collect mortgage payments for others.