MFA Financial Inc. (MFA) posted a $45.8 million fourth-quarter profit on Tuesday.
It had net income of 8 cents per share, the New York-based company said.
In the era, the real estate investment trust reported income of $60.5 million. Its net income was 19.4 million dollars.
The company posted a $679.4 million loss for the year, or $1.57 per share, swinging to a loss in the time. The income was estimated to be $90.6 million.
Shares of the firm closed at $4.18. They were trading at $8.03 a year ago.