Ellington Financial Q1 2024 net income $26.9M ($0.32/sh); book value $13.69; adjusted distributable earnings $0.28/sh

Ellington Financial Inc.

2024-Q1 EPS reported $0.32

Net income attributable to common stockholders of $26.9M, or $0.32 per common share; investment portfolio contributed $43.0M ($0.51/sh).
Adjusted Distributable Earnings of $23.7M, or $0.28 per common share; book value per share $13.69.
Credit portfolio grew to $2.80B (excluding non-retained tranches); Agency RMBS decreased 22% to $662.6M.
Longbridge segment net income $8.7M; completed inaugural proprietary reverse mortgage securitization.
Debt-to-equity ratio (recourse adjusted) improved to 1.8:1; cash and unencumbered assets of $732M.

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 0.7

Ellington Financial Inc. reported the quarter ended March 31, 2024 results: net income $26.9 million, or $0.32 per common share.

Period: the quarter ended March 31, 2024
Net income: $26.9 million, or $0.32 per common share
Result: reported results

Exact text from the filing

net income attributable to common stockholders of $26.9 million, or $0.32 per common share.

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

Ellington Financial Inc. filing history →

Source: SEC EDGAR

accession 0001411342-24-000050

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.