secwatch.observer — SEC 8-K summary
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Issuer:     CHIMERA INVESTMENT CORP (CIM)
CIK:        0001409493
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001409493-26-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimera Q1 2026: GAAP loss $65M, EAD $0.54 supports $0.45 dividend
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- GAAP net loss $65M (-$0.78 diluted EPS); EAD (non-GAAP) $46M ($0.54/diluted share).
- GAAP book value per share $18.34; economic return of -4.6% for the quarter.
- Portfolio repositioning: redeemed 8 securitizations, sold $1.2B seasoned loans, redeployed $195M into Agency RMBS.
- HomeXpress origination volume $884M, up 39% YoY; EBTDA of $11M (annualized ROE 16.8%).
- Dividend of $0.45 per share supported by EAD; net loss driven by derivative and extinguishment losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409493/000140949326000031/0001409493-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409493/000140949326000031/cim-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001409493-26-000031

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