NET INCOME (LOSS) PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Net Income (Loss) Per Share Reconciliation

The following table presents a reconciliation of net income (loss) and shares used in calculating basic and diluted net income (loss) per share for the three months ended March 31, 2025 and 2024.


	For the Three Months Ended
	March 31, 2025		March 31, 2024
	(dollars in thousands, except per share data)
Net income (loss)	$	130,305	$	465,174
Net income (loss) attributable to noncontrolling interests	6,081		2,282
Net income (loss) attributable to Annaly	124,224		462,892
Dividends on preferred stock	37,157		37,061
Net income (loss) available (related) to common stockholders	$	87,067	$	425,831


Weighted average shares of common stock outstanding-basic	587,149,704		500,612,840
Add: Effect of stock awards, if dilutive	1,271,294		569,203
Weighted average shares of common stock outstanding-diluted	588,420,998		501,182,043
Net income (loss) per share available (related) to common share
Basic	$	0.15	$	0.85
Diluted	$	0.15	$	0.85