Investor Presentaiton
Second Quarter 2022 Financial Highlights
Dividend per Share
Net Interest Margin (ex. PAA)*
2.20%
Earnings &
Book Value
Earnings per Share
GAAP
Earnings Available
for Distribution*
$0.55 $0.30
Book Value per Share
$5.90
$0.22
Dividend Yield(1)
14.9%
Investment
Portfolio
Total Portfolio (2)
$82.3bn
Capital Allocation (3)
ARC
14%
MSR
15%
Total Stockholders' Equity
Agency
71%
$11.0bn
2.04%
Q1 2022
Q2 2022
Average Yield on Interest
Earning Assets (ex. PAA)*
2.87%
2.62%
Q1 2022
Q2 2022
Financing,
Liquidity &
Hedging
Liquidity Position
$4.5bn
of cash and
unencumbered
Agency MBS
$6.3bn
of total unencumbered
assets
Total Hedge Portfolio (4)
Economic Leverage*(5)
Hedge Ratio(6)
$75bn
Hedge portfolio,
decreased from $78bn in
Q1'22 as we remain
conservatively hedged
amid elevated interest
rate volatility
Average Economic
Cost of Funds*(7)
6.6x
109%
107%
6.4x
1.11%
0.89%
Q1 2022
Q2 2022
Q1 2022
Q2 2022
Q1 2022 Q2 2022
ANNALY
4
Source: Company filings. Financial data as of June 30, 2022, unless otherwise noted. * Represents a non-GAAP financial measure; see Appendix.
Detailed endnotes and a glossary of defined terms are included at the end of this presentation.View entire presentation