secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHIMERA INVESTMENT CORP (CIM)
CIK:        0001409493
Form:       8-K/A
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001628280-25-005028
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimera reports Q4 2024 GAAP net loss of $2.07 per share; core EAD $0.37 per share
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409493/000162828025005028/0001628280-25-005028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409493/000162828025005028/cim-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer