Annaly Capital Management, Inc. (NYSE:NLY) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET

Corporate Participants

Sean Kensil - Director and Investor Relations
David Finkelstein - Chief Executive Officer and Chief Investment Officer
Serena Wolfe - Chief Financial Officer
Ken Adler - Head of Mortgage Servicing Rights and Head of Portfolio
V.S. Srinivasan - Head of Agency

Conference Call Participants

Bose George - KBW
Doug Harter - UBS
Rick Shane - JPMorgan
Jason Stewart - Janney Montgomery Scott
Tim Chiang - BTIG

Operator

Good morning and welcome to the Annaly Capital Management Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

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

Sean Kensil

Good morning and welcome to the second quarter 2024 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 Second Quarter 2024 Investor Presentation and Second Quarter 2024 Supplemental Information, both found under the Presentations section of our website. Please also note this event is being recorded.

Participants on this morning's call include David Finkelstein, Chief Executive Officer and Chief Investment Officer, Serena Wolfe, Chief Financial Officer, Mike Fania, Deputy Chief Investment Officer and Head of Residential Credit, V.S. Srinivasan, Head of Agency, and Ken Adler, Head of Mortgage Servicing Rights. And with that, I'll turn the call over to David.

David Finkelstein

Thank you, Sean. Good morning, and thank you all for joining us for our second quarter earnings call. I have four areas to discuss today before handing it off to Serena to discuss the financials.