earnings
confidence high
sentiment neutral
materiality 0.75
Chimera Q4 2024 GAAP net loss of $2.04 per share; full year net income $1.10 per share
CHIMERA INVESTMENT CORP
2024-FY EPS reported
$1.10
- Q4 2024 GAAP net loss of $2.04 per diluted common share; full year GAAP net income $1.10 per share.
- Q4 2024 Earnings available for distribution (non-GAAP) of $0.37 per diluted common share.
- GAAP book value $19.72 per common share; economic return 4.40% for 2024.
- CEO Phillip J. Kardis II highlighted diversification progress and Palisades acquisition.
- Portfolio 88% loans held for investment; GAAP leverage 4.0:1; non-recourse leverage 1.2:1.