Other
Servicing and related expense
Annaly Capital Management Servicing and related expense increased by 0.6% to $16.58M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.5%, from $14.11M to $16.58M. Over 4 years (FY 2021 to FY 2025), Servicing and related expense shows an upward trend with a 49.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase may indicate rising operational complexity or scale, while a decrease suggests improved operational efficiency.
Detailed definition
Operating costs directly associated with the administration and servicing of mortgage loan portfolios. This includes per...
Peer comparison
Standard operating expense category for firms holding mortgage servicing rights.
Metric ID:
other_servicing_and_related_expenseHistorical 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 | $2.60M | $3.01M | $4.29M | $3.76M | $5.95M | $7.78M | $7.66M | $7.88M | $8.93M | $9.62M | $11.22M | $12.22M | $12.62M | $12.99M | $11.65M | $14.11M | $14.57M | $15.10M | $16.49M | $16.58M |
| QoQ Change | — | +15.7% | +42.4% | -12.4% | +58.3% | +30.8% | -1.6% | +2.9% | +13.3% | +7.8% | +16.6% | +8.9% | +3.3% | +2.9% | -10.3% | +21.2% | +3.2% | +3.7% | +9.1% | +0.6% |
| YoY Change | — | — | — | — | +128.5% | +158.3% | +78.5% | +109.7% | +50.1% | +23.7% | +46.5% | +55.0% | +41.3% | +35.0% | +3.8% | +15.5% | +15.5% | +16.3% | +41.5% | +17.5% |
Range$2.60M – $16.58M
CAGR+47.7%
Avg YoY Growth+52.3%
Median YoY Growth+41.4%
Current Streak5 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| MSR | $12.62M | $12.99M | $11.65M | $14.11M | $14.57M | $15.10M | $16.49M | $16.58M |
| Agency | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Residential Credit | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $12.62M | $12.99M | $11.65M | $14.11M | $14.57M | $15.10M | $16.49M | $16.58M |
Servicing and related expense at Other Companies
Frequently Asked Questions
- What is Annaly Capital Management's servicing and related expense?
- Annaly Capital Management (NLY) reported servicing and related expense of $16.58M in Q1 2026.
- How has Annaly Capital Management's servicing and related expense changed year-over-year?
- Annaly Capital Management's servicing and related expense increased by 17.5% year-over-year, from $14.11M to $16.58M.
- What is the long-term trend for Annaly Capital Management's servicing and related expense?
- Over 4 years (2021 to 2025), Annaly Capital Management's servicing and related expense has grown at a 49.1% compound annual growth rate (CAGR), from $12.20M to $60.27M.
- What does servicing and related expense mean?
- The costs incurred to manage and service mortgage loans.