Interest Expense
MFA Financial Interest Expense decreased by 1.6% to $132.74M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.9%, from $122.97M to $132.74M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 43.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising interest expense relative to income indicates margin compression and increased cost of capital.
Detailed definition
The total cost of borrowing funds used to finance the company's operations and asset portfolio. This includes interest p...
Peer comparison
Standard metric for all companies with debt financing.
interest_expenseHistorical Data
| 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 | $25.56M | $29.07M | $35.7M | $43.3M | $56.74M | $71.58M | $87.23M | $92.84M | $99.85M | $113.02M | $123.41M | $129.02M | $133.34M | $131.35M | $127.53M | $122.97M | $127.07M | $129M | $134.94M | $132.74M |
| QoQ Change | — | +13.7% | +22.8% | +21.3% | +31.1% | +26.1% | +21.9% | +6.4% | +7.5% | +13.2% | +9.2% | +4.5% | +3.4% | -1.5% | -2.9% | -3.6% | +3.3% | +1.5% | +4.6% | -1.6% |
| YoY Change | — | — | — | — | +122.0% | +146.3% | +144.4% | +114.4% | +76.0% | +57.9% | +41.5% | +39.0% | +33.5% | +16.2% | +3.3% | -4.7% | -4.7% | -1.8% | +5.8% | +7.9% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Mortgage-Related Assets | $70.01M | $72.37M | $76.1M | $77.36M | $84.42M | $89.85M | $99.4M | $101.26M |
| Lima One | $56.75M | $54.46M | $46.9M | $41.07M | $38.1M | $34.6M | $30.98M | $26.91M |
| Total | $133.34M | $131.35M | $127.53M | $122.97M | $127.07M | $129M | $134.94M | $132.74M |
Corporate was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Interest Expense at Other Companies
Frequently Asked Questions
- What is MFA Financial's interest expense?
- MFA Financial (MFA) reported interest expense of $132.74M in Q1 2026.
- How has MFA Financial's interest expense changed year-over-year?
- MFA Financial's interest expense increased by 7.9% year-over-year, from $122.97M to $132.74M.
- What is the long-term trend for MFA Financial's interest expense?
- Over 4 years (2021 to 2025), MFA Financial's interest expense has grown at a 43.7% compound annual growth rate (CAGR), from $120.39M to $513.98M.
- What does interest expense mean?
- The total interest cost paid on all company debt.