Annaly Capital Management, Inc. Q2 2026 Earnings Call Summary

Annaly Capital Management delivered a 5.5% economic return during the quarter, with book value growth of 1.7%, attributed to lower rate volatility and advantages of its diversified housing finance operations.
The company increased its quarterly common dividend to $0.75 per share, marking the ninth consecutive quarter in which earnings surpassed the dividend payment. Management stated confidence in the firm’s long-term earnings capacity, with the board conducting methodical stress-testing