Annaly Capital Management, Inc. (NLY) Q2 2023 Earnings Call Transcript

Annaly Capital Management, Inc. (NYSE:NLY) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET

Company Participants

Sean Kensil – VP, Annaly Capital Management

David Finkelstein – CEO, CIO & Director

Serena Wolfe – CFO

Michael Fania – Deputy CIO & Head, Residential Credit

Ken Adler – Head, Mortgage Servicing Rights & Portfolio Analytics

Conference Call Participants

Bose George – KBW

Crispin Love – Piper Sandler & Co.

Eric Hagen – BTIG

Vilas Abraham – UBS

Trevor Cranston – JMP Securities

Douglas Harter – Crédit Suisse

Richard Shane – JPMorgan Chase & Co.


Good morning, and welcome to the Second Quarter 2023 Earnings Call for Annaly Capital. All participants who may listen only mode — should you need assistance, please see a conference specialist by pressing star 0 on your telephone keypad. After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press starter than 1 on your telone keypad. Please note this event is being recorded. I would now like to turn the call — the conference over to Sean Kensil, Investor Relations. Please go ahead.

Sean Kensil

Good morning, and welcome to the Second Quarter 2023 Earnings Call for Annaly Capital Management. Any forward-looking statements made during today’s call are subject to certain risks and uncertainties, which are outlined in the Risk Factors section in our most recent annual and quarterly SEC filings. Actual events and results may differ materially from these forward-looking statements. We encourage you to read the disclaimer in our earnings release in addition to our quarterly and annual filings. Additionally, the content of this conference call may contain time-sensitive information that is accurate only as of the date hereof. We do not undertake and specifically disclaim any obligation to update or revise this information.


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