Ellington Financial Q3 net income $0.10/sh, ADE $0.33/sh; book value $14.33; merger updates

Ellington Financial Inc.

2023-Q3 EPS reported $0.72

Adjusted Distributable Earnings $22.5M ($0.33/sh); GAAP net income $6.6M ($0.10/sh).
Book value per common share $14.33; quarterly dividend $0.15/sh (14.2% yield).
Credit strategy net income $24.8M; Agency strategy net loss $10.5M; Longbridge net income $4.1M.
Mutually terminated Great Ajax merger; expect to close Arlington Asset merger in Q4 2023.
Recourse debt-to-equity 2.3:1; overall 9.4:1; cash $174.7M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ellington Financial Inc. reported the quarter ended September 30, 2023 results: net income Net income attributable to common stockholders of $6.6 million, or $0.10 per common share, EPS $0.10 per common share.

Period: the quarter ended September 30, 2023
Net income: Net income attributable to common stockholders of $6.6 million, or $0.10 per common share
EPS: $0.10 per common share
Result: reported results

Exact text from the filing

Net income attributable to common stockholders of $6.6 million, or $0.10 per common share.

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Ellington Financial Inc. filing history →

Source: SEC EDGAR

accession 0001411342-23-000178

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