earnings
confidence high
sentiment negative
materiality 0.75
Chimera reports Q4 2024 GAAP net loss of $2.07 per share; core EAD $0.37 per share
CHIMERA INVESTMENT CORP
2024-FY EPS reported
$1.10
- Q4 GAAP net loss of $2.07 per diluted common share; full year GAAP net income of $1.10 per share.
- Q4 earnings available for distribution (non-GAAP) of $0.37 per diluted common share; full year $1.48 per share.
- GAAP book value $19.72 per share at Dec 31, 2024; economic return of 4.40% for 2024.
- CEO cites progress on portfolio diversification and Palisades acquisition as key initiatives.
- Total assets $13.1B; GAAP leverage 4.0:1 (recourse 1.2:1) at quarter end.