---
schema_version: "secwatch.filing_event.v1"
accession: "0001560672-23-000057"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:29:22.825137+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ellington Residential Q2 2023 net income $1.2M ($0.09/share); adjusted distributable earnings $0.17/share

## Summary
- Net income $1.2M, EPS $0.09; Adjusted Distributable Earnings $2.4M ($0.17/share).
- Book value $8.12/share as of June 30, 2023, after dividends of $0.24/share for the quarter.
- Debt-to-equity ratio 7.5:1; net mortgage assets-to-equity 7.0:1; cash $43.7M.
- Monthly dividend $0.08 declared on Aug 7, 2023; dividend yield 13.6% based on $7.07 close.
- Agency RMBS portfolio turnover 19%; net interest margin 0.93%; CEO outlook positive on Agency MBS.

## SEC filing metadata
- accession: 0001560672-23-000057
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560672/000156067223000057/0001560672-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000156067223000057/earn-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560672-23-000057
- JSON: https://secwatch.observer/filing/0001560672-23-000057.json
- Plain text: https://secwatch.observer/filing/0001560672-23-000057.txt

## Key facts
- Earnings Releases
  Ellington Credit Co reported the quarter ended June 30, 2023 results: net income $1.2 million, or $0.09 per share, EPS $0.09 per share.
  - Period: the quarter ended June 30, 2023
  - Net income: $1.2 million, or $0.09 per share
  - EPS: $0.09 per share
  - Result: reported results
  source text: Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended June 30, 2023. Highlights • Net income (loss) of $1.2 million, or $0.09 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560672/000156067223000057/0001560672-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.