earnings
confidence high
sentiment neutral
materiality 0.60
Chimera Q2 2023 GAAP EPS $0.08, EAD $0.12; book value $7.29; repurchased 5.8M shares
CHIMERA INVESTMENT CORP
2023-Q2 EPS reported
$0.24
- GAAP net income $0.08 per diluted share; earnings available for distribution $0.12 per share.
- Book value per share $7.29; repurchased 5.8M shares for $33M at avg $5.66.
- Sponsored five securitizations totaling ~$1.387B; reduced recourse financing by $509M.
- Net interest income $65.7M vs $116.9M in Q2 2022; net income improved to $36M from loss of $161M.
- Total assets $13.5B, equity $2.58B; GAAP recourse leverage 1.0:1.