---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-027947"
form_type: "8-K"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:37:10.343124+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chimera posts Q3 GAAP net loss of $0.88 per share; dividend cut to $0.23 from $0.33

## Summary
- GAAP net loss of $0.88 per diluted share; EAD (non-GAAP) of $0.27 per share; book value $7.44.
- Dividend declared $0.23 per common share, down from $0.33 in prior quarter.
- GAAP leverage rose to 3.9:1 (recourse 1.1:1) from 3.0:1 (0.9:1) at Dec 31, 2021.
- Extended $489M non-mark-to-market facility to Feb 2025; entered $885M pay fixed interest rate swaps.
- Post-quarter cash ~$350M; expect to close $476M residential loan purchase in long-term non-mark-to-market structure.

## SEC filing metadata
- accession: 0001628280-22-027947
- form_type: 8-K
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000162828022027947/0001628280-22-027947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000162828022027947/cim-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-027947
- JSON: https://secwatch.observer/filing/0001628280-22-027947.json
- Plain text: https://secwatch.observer/filing/0001628280-22-027947.txt

## Key facts
- Earnings Releases
  CHIMERA INVESTMENT CORP reported the third quarter ended September 30, 2022 results: EPS 3RD QUARTER GAAP NET LOSS OF $0.88 PER DILUTED COMMON SHARE.
  - Period: the third quarter ended September 30, 2022
  - EPS: 3RD QUARTER GAAP NET LOSS OF $0.88 PER DILUTED COMMON SHARE
  - Result: reported results
  source text: Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2022. Financial Highlights: • 3RD QUARTER GAAP NET LOSS OF $0.88 PER DILUTED COMMON SHARE
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409493/000162828022027947/0001628280-22-027947-index.htm

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