secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Financial Inc. (EFC)
CIK:        0001411342
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001411342-23-000144
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ellington Financial Q2 net income $2.9M ($0.04/sh); announces two REIT acquisitions
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- Net income attributable to common stockholders of $2.9M, or $0.04 per share, down from $38.9M in Q1.
- Adjusted Distributable Earnings of $25.7M, or $0.38 per share.
- Book value per common share $14.70 as of June 30, 2023; monthly dividend $0.15/sh declared.
- Signed definitive agreements to acquire Arlington Asset Investment Corp. and Great Ajax Corp.; pro forma equity >$1.7B.
- Recourse debt-to-equity ratio 2.1:1; overall debt-to-equity 9.2:1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411342/000141134223000144/0001411342-23-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411342/000141134223000144/efc-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001411342-23-000144

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