---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-015430"
form_type: "8-K"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:31:43.155050+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chimera Q1 2023: GAAP EPS $0.17, book value $7.41, EAD $0.13

## Summary
- GAAP net income available to common $38.9M ($0.17 diluted) vs loss $281.2M ($1.19 loss) in Q1 2022.
- Earnings available for distribution (non-GAAP) $31.5M, or $0.13 per diluted share (from $0.11 in Q4 2022).
- GAAP book value per common share $7.41, down from ~$7.49 at Dec 31, 2022.
- Net interest income $69.6M, down 49% from $137.7M a year ago; economic net interest income $69.4M.
- Settled $547M re-performing residential loans; sponsored three securitizations; reduced recourse leverage by $237M.

## SEC filing metadata
- accession: 0001628280-23-015430
- form_type: 8-K
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000162828023015430/0001628280-23-015430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000162828023015430/cim-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-015430
- JSON: https://secwatch.observer/filing/0001628280-23-015430.json
- Plain text: https://secwatch.observer/filing/0001628280-23-015430.txt

## Key facts
- Earnings Releases
  CHIMERA INVESTMENT CORP reported the first quarter ended March 31, 2023 results: EPS $0.17 per diluted common share.
  - Period: the first quarter ended March 31, 2023
  - EPS: $0.17 per diluted common share
  - Result: reported results
  source text: CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2023 EARNINGS NEW YORK - (BUSINESS WIRE) - Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2023. Financial Highlights: • 1ST QUARTER GAAP NET INCOME OF $0.17 PER DILUTED COMMON SHARE
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409493/000162828023015430/0001628280-23-015430-index.htm

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