secwatch.observer — SEC 8-K summary
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Issuer:     Ellington Financial Inc. (EFC)
CIK:        0001411342
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001411342-25-000009
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 net income $22.4M ($0.25/shr); adj distributable earnings $0.45/share
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- Net income to common stockholders $22.4M ($0.25/shr); adjusted distributable earnings $40.6M ($0.45/shr).
- Book value per share $13.52; monthly dividend $0.13 declared Feb 10, 2025, yield 11.7%.
- Credit portfolio grew 5% QoQ to $3.42B; closed-end second/HELOC, commercial mortgage loans up 39% combined.
- Longbridge segment net gain to common stockholders $26.8M, driven by strong originations and securitization gains.
- Recourse debt-to-equity ratio 1.8:1; completed four securitizations across three product lines during Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1411342/000141134225000009/0001411342-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1411342/000141134225000009/efc-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001411342-25-000009

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