Annaly Capital Management Inc. (NYSE:NLY) Q2 2022 Earnings Conference Call July 28, 2022 9:00 AM ET

Company Participants

David Finkelstein - President, Chief Executive Officer

Serena Wolfe - Chief Financial Officer

Ilker Ertas - Chief Investment Officer

Mike Fania - Head of Residential Credit

Sean Kensil - Director, Investor Relations

Conference Call Participants

Bose George - KBW

Rick Shane - JP Morgan

Doug Harter - Credit Suisse

Trevor Cranston - JMP Securities

Kenneth Lee - RBC Capital Markets

Eric Hagen - BTIG

Operator

Good morning and welcome to the Q2 2022 Annaly Capital Management 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 questions. [Operator Instructions]

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

Sean Kensil

Good morning, and welcome to the second quarter 2022 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 reconciliation of GAAP to non-GAAP measures is included in our earnings release. As a reminder, Annaly routinely posts important information for investors on the company’s website, www.annaly.com. Content referenced in today’s call can be found in our second quarter 2022 investor presentation and second quarter 2022 financial supplement, both found under the Presentations section of our website. Annaly intends to use our webpage as a means of disclosing material non-public information for complying with the company’s disclosure obligations under Regulation FD, and to post and update investor presentations and similar materials on a regular basis.

Please note this event is being recorded. Participants on this morning’s call include David Finkelstein, President and Chief Executive Officer; Serena Wolfe, Chief Financial Officer; Ilker Ertas ,Chief Investment Officer, and Mike Fania, Head of Residential Credit.