Annaly Capital Management, Inc. (NLY) Q3 2023 Earnings Call Transcript

Annaly Capital Management, Inc. (NYSE:NLY) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET

Company Participants

Sean Kensil - Vice President, Annaly Capital Management
David Finkelstein - Chief Executive Officer, Chief Investment Officer & Director
Serena Wolfe - Chief Financial Officer
Ken Adler - Head, Mortgage Servicing Rights & Portfolio Analytics
Michael Fania - Deputy Chief Investment Officer & Head, Residential Credit
V.S Srinivasan - Head of Agency

Conference Call Participants

Bose George - KBW
Crispin Love - Piper Sandler & Co.
Trevor Cranston - JMP Securities
Rick Shane - JPMorgan Chase & Co.
Eric Hagen - BTIG
Matthew Erdner - JonesTrading

Operator

Good morning and welcome to the Third Quarter 2023 Conference Call for Annaly Capital Management. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Sean Kensil, Director of Investor Relations. Please go ahead, sir.

Sean Kensil

Good morning, and welcome to the third 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. During this call, we may present both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in our earnings release. Content referenced in today's call can be found in our third quarter 2023 investor presentation and third quarter 2023 supplemental information, both found under