secwatch.observer — SEC 8-K summary
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Issuer:     CHIMERA INVESTMENT CORP (CIM)
CIK:        0001409493
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001628280-24-035361
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimera Q2 GAAP net income $0.41/diluted share, EAD $0.37; BV $21.27, economic return 1.4%
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- Q2 GAAP net income $33.9M ($0.41 diluted EPS) vs $111.0M ($1.36) in Q1; drop due to lower unrealized gains.
- Earnings available for distribution (non-GAAP) was $30.3M ($0.37/diluted share), consistent with Q1's $0.37.
- GAAP book value per common share $21.27; economic return of 1.4% for Q2 and 8.4% year-to-date.
- Total assets $13.13B; GAAP leverage 3.8:1 vs 4.0:1 at Dec 2023; recourse leverage unchanged at 1.0:1.
- Executed 1-for-3 reverse stock split effective May 21, 2024; all per-share amounts reflect the split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409493/000162828024035361/0001628280-24-035361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409493/000162828024035361/cim-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-035361

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