Annaly(US:NLY)2025-07-24 13:00Financial Performance - Earnings available for distribution was $0.73 per average common share for Q2 2025[12] - The book value per common share was $18.45[12] - The economic return was 0.7% for Q2 2025 and 3.7% for the first half of 2025[12] Portfolio Composition and Strategy - The total portfolio was $89.5 billion, with $79.5 billion in Agency MBS, representing 89% of total assets and 62% of dedicated capital[12] - The Residential Credit portfolio remained relatively unchanged at $6.6 billion[12] - The MSR portfolio remained unchanged at $3.3 billion in market value, representing 19% of dedicated capital[12] Financing and Liquidity - Economic leverage was 5.8x, up from 5.7x in Q1 2025[12] - Total assets available for financing were $7.4 billion, including $4.7 billion of cash and unencumbered Agency MBS[12] Residential Credit Business - 15 residential whole loan securitizations totaling $7.6 billion in proceeds were priced year-to-date in 2025[12]