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Discontinued — last reported Q2 '23

Business Segments · Interest Expense

Corporate — Interest Expense

MFA Financial Corporate — Interest Expense increased by 0.2% to $3.96M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $3.94M to $3.96M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2021
Last reportedQ2 2023Aug 3, 2023
Rolls up toInterest Expense

How to read this metric

An increase may signal higher leverage or rising interest rates on floating-rate debt, potentially compressing net interest margins.

Detailed definition

Reflects the costs incurred on debt obligations used to finance the company's mortgage asset portfolio. This includes in...

Peer comparison

Commonly tracked by financial institutions to assess the cost of capital and leverage efficiency.

Metric ID: mfa_segment_corporate_interest_expense

Historical Data

8 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$3.93M$3.93M$3.93M$3.94M$3.94M$3.95M$3.96M$3.96M
QoQ Change-0.1%+0.1%+0.2%+0.2%+0.2%+0.2%+0.2%
YoY Change+0.4%+0.6%+0.6%+0.6%
Range$3.93M$3.96M
CAGR+0.5%
Avg YoY Growth+0.5%
Median YoY Growth+0.6%
Current Streak6 quarters growth

Frequently Asked Questions

What is MFA Financial's corporate — interest expense?
MFA Financial (MFA) reported corporate — interest expense of $3.96M in Q2 2023.
How has MFA Financial's corporate — interest expense changed year-over-year?
MFA Financial's corporate — interest expense increased by 0.6% year-over-year, from $3.94M to $3.96M.
What does corporate — interest expense mean?
The total interest costs paid on borrowed funds used to finance investments.