Annaly Capital Management, Inc. (NYSE:NLY) Q4 2025 Earnings Call Transcript

Annaly Capital Management, Inc. (NYSE:NLY) Q4 2025 Earnings Call Transcript January 29, 2026

Operator: Good morning, and welcome to the Fourth Quarter 2025 earnings call for Annaly Capital Management. [Operator Instructions] Please note today’s event is being recorded. I would now like to turn the conference over to Sean Kensil, Director of Investor Relations. Please go ahead.

Sean Kensil: Good morning, and welcome to the fourth quarter 2025 earnings call for Annaly Capital Management. Any...