NEW YORK, NY--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY reported GAAP net income for the quarter ended March 31, 2013 of $870.3 million or $0.90 per average common share as compared to GAAP net income of $901.8 million or $0.92 per average common share for the quarter ended March 31, 2012, and GAAP net income of $700.5 million or $0.70 per average common share for the quarter ended December 31, 2012.
Without the effect of the unrealized gains or losses on
interest rate swaps and Agency interest-only mortgage-backed securities and the
net loss on extinguishment of the 4% Convertible Senior Notes due 2015 (the “4%
Convertible Notes”), net income for the quarter ended March 31, 2013 was $464.4
million or $0.47 per average common share as compared to $529.3 million or
$0.54 per average common share for the quarter ended March 31, 2012, and $465.1
million or $0.46 per average common share for the quarter ended December 31,
2012.
For a complete copy of the company’s news release, please
contact:
Annaly Capital Management, Inc.
Investor Relations
1-888-8Annaly
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