---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021933"
form_type: "8-K"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:20:57.389863+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chimera Q1 2024 GAAP EPS $0.45, book value $7.11, economic return 7%

## Summary
- GAAP net income available to common of $111M ($0.45 diluted), vs $39M ($0.17) in Q1 2023.
- Non-GAAP earnings available for distribution (EAD) of $0.12 per share, flat YoY.
- GAAP book value per share $7.11, generating a 7% economic return including dividends.
- Acquired ~$50M in subordinated mortgage securitization tranches; settled $78M in residential transition loans.
- GAAP leverage reduced to 3.7:1 from 4.0:1 at year-end 2023.

## SEC filing metadata
- accession: 0001628280-24-021933
- form_type: 8-K
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000162828024021933/0001628280-24-021933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000162828024021933/cim-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021933
- JSON: https://secwatch.observer/filing/0001628280-24-021933.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021933.txt

## Key facts
- Earnings Releases
  CHIMERA INVESTMENT CORP reported first quarter ended March 31, 2024 results: net income GAAP NET INCOME OF $0.45 PER DILUTED COMMON SHARE, EPS $0.45 PER DILUTED COMMON SHARE.
  - Period: first quarter ended March 31, 2024
  - Net income: GAAP NET INCOME OF $0.45 PER DILUTED COMMON SHARE
  - EPS: $0.45 PER DILUTED COMMON SHARE
  - Result: reported results
  source text: CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2024 EARNINGS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409493/000162828024021933/0001628280-24-021933-index.htm

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