secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Financial Inc. (EFC)
CIK:        0001411342
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001411342-23-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ellington Financial Q4 2022 net income $22.7M; book value $15.05 per share
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- Net income attributable to common stockholders of $22.7M ($0.37 per share); Adjusted Distributable Earnings of $26.0M ($0.42 per share).
- Book value per common share $15.05 as of Dec 31, 2022; monthly dividend of $0.15 per share declared.
- Credit portfolio decreased 7% to $2.544B; Agency RMBS portfolio decreased 15% to $968.3M.
- Longbridge contributed $14.5M net income; reverse mortgage platform performed well.
- Recourse debt-to-equity ratio 2.5:1; total debt-to-equity 10.2:1 including non-recourse borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411342/000141134223000046/0001411342-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411342/000141134223000046/efc-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001411342-23-000046

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