Annaly Capital Management, Inc. (NLY) CEO David Finkelstein on Q2 2021 Results - Earnings Call Transcript

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Annaly Capital Management, Inc. (NYSE:NLY) Q2 2021 Earnings Conference Call July 29, 2021 9:00 AM ET

Company Participants

Sean Kensil - Vice President, Investor Relations

David Finkelstein - Chief Executive Officer & Chief Investment Officer

Ilker Ertas - Head of Securitized Products

Serena Wolfe - Chief Financial Officer

Mike Fania - Head of Residential Credit

Conference Call Participants

Steve Delaney - JMP Securities

Doug Harter - Credit Suisse

Bose George - KBW

Rick Shane - JPMorgan

Eric Hagen - BTIG

Brock Vandervliet - UBS

Kenneth Lee - RBC Capital Markets

Derek Hewett - Bank of America

Ryan Carr - Jefferies


Good day, and welcome to the Annaly Capital Management Second Quarter 2021 Earnings Conference Call. Today, all participants will be in a listen-only mode. [Operator instructions] After today’s presentation, there will be an opportunity to ask question. [Operator Instructions] Please note that today’s event is being recorded.

At this time, I would like to turn the conference over to Sean Kensil, Vice President Investor Relations. Please go ahead, sir.

Sean Kensil

Good morning, and welcome to the Second Quarter 2021 Earnings Call for Annaly Capital Management.

Any forward-looking statements made during today's call are subject to certain risks and uncertainties, including with respect to COVID-19 impacts, 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.

During this call, we may present both GAAP and non-GAAP financial measures. A

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