CHIMERA INVESTMENT CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for the Company for the current fiscal year at the 2026-06-10 meeting.
“Proposal 3 . Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for the Company for the current fiscal year. Votes For Votes Against Votes Abstained Broker Non-Votes 62,010,426 750,117 524,922 0 Based on the foregoing votes, the appointment of Ernst & Young LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026 was ratified.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved A vote on a non-binding advisory resolution on the Company's executive compensation at the 2026-06-10 meeting.
“Proposal 2 . A vote on a non-binding advisory resolution on the Company’s executive compensation. Votes For Votes Against Votes Abstained Broker Non-Votes 42,287,598 1,901,663 434,042 18,662,162 Based on the foregoing votes, the non-binding advisory resolution on the Company’s executive compensation was approved.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Election of three Class I Directors, Kevin G. Chavers, Gerard Creagh and Susan Mills, each to serve until the annual meeting of stockholders in 2029 at the 2026-06-10 meeting.
“Proposal 1 . The election of three Class I Directors, Kevin G. Chavers, Gerard Creagh and Susan Mills, each to serve until the annual meeting of stockholders in 2029. Nominee Votes For Votes Against Votes Abstain Broker Non-Votes (I) Kevin G. Chavers 43,340,068 855,564 427,671 18,662,162 (I) Gerard Creagh 41,637,307 2,558,062 427,934 18,662,162 (I) Susan Mills 43,176,523 1,006,466 440,314 18,662,162 Based on the foregoing votes, Kevin G. Chavers, Gerard Creagh and Susan Mills were elected as Class I Directors each to serve on the Board until the 2029 annual meeting of stockholders and until their successors are duly elected and qualify.”
Earnings Releases
CHIMERA INVESTMENT CORP reported quarter ended March 31, 2026 results: net income $(65) million, or $(0.78) per diluted common share, EPS $(0.78) per diluted common share.
“Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2026. Executive Summary: Metric Value Q1 2026 GAAP Net Income (Loss) $(65) million, or $(0.78) per diluted common share Earnings Available for Distribution (1) $46 million, or $0.54 per diluted common share GAAP Book Value per common share $18.34 per”
M&A Transactions
CHIMERA INVESTMENT CORP completed an acquisition involving HomeXpress Mortgage Corp. for $119.5 million, representing the estimated Adjusted Book Value ... the cash premium of $120 million, and the issuance of 2,077,151 shares of Chimera's common st (closed 2025-10-01).
“acquired from the Management Sellers to HX Holdco so that HomeXpress will be a wholly-owned subsidiary of HX Holdco. The total consideration for the Acquisition consisted of (i) $119.5 million, representing the estimated Adjusted Book Value (as defined in the Stock Purchase Agreement) as of August 31, 2025, subject to certain post-closing adjustments to true-up for the”
Debt Financings
CHIMERA INVESTMENT CORP incurred senior notes of $120.0 million with Wilmington Trust, National Association at 8.875% per year maturing August 15, 2030.
“completed the issuance and sale of $120.0 million aggregate principal amount of its 8.875% Senior Notes due 2030”
Sandra Bell resigned as Independent Director at CHIMERA INVESTMENT CORP.
“On April 9, 2025, Sandra Bell, an independent member of the board of directors (the “Board”) of Chimera Investment Corporation (the “Company”), notified the Company that she intends to resign from the Board, effective immediately.”
Dan Thakkar resigned as Chief Credit & Risk Officer at CHIMERA INVESTMENT CORP.
“On April 2, 2025, Chimera Investment Corporation (the “Company”) and Dan Thakkar mutually agreed that Mr. Thakkar will step down from his position as the Company’s Chief Credit & Risk Officer, effective July 1, 2025”
Cynthia B. Walsh was elected as Class III Director at CHIMERA INVESTMENT CORP.
“On November 5, 2024, the Board of Directors (the “Board”) of Chimera Investment Corporation (the “Company”) elected Cynthia B. Walsh to the Company’s Board as a Class III Director, effective December 1, 2024.”
Material Agreements
CHIMERA INVESTMENT CORP entered into Underwriting Agreement with Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, UBS Securities LLC, Wells Fargo Securities, LLC, Keefe, Bruyette & Woods, Inc., and Piper Sandler & Co., as underwriters valued at $65 million aggregate principal amount of 9.000% Senior Notes due 2029 (effective 2024-05-15).
“On May 15, 2024, Chimera Investment Corporation (the “Company”) launched and priced a registered underwritten public offering of $65 million aggregate principal amount of 9.000% Senior Notes due 2029 (the “Notes”). Pursuant to the Underwriting Agreement (as defined below), the Company also granted the Underwriters (as defined below) a 30-day option to purchase up to an additional $9.75 million aggregate principal amount of the Notes to cover over-allotments, if any. The Notes were sold pursuant to the Company’s registration statement on Form S-3 (File No. 333-261462) (the “Registration Statement”) and a related prospectus, as supplemented by a prospectus supplement dated May 15, 2024, filed with the Securities Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the issuance and sale of the Notes, the Company entered into an underwriting agreement (the “Underwriting Agreement”), dated as of May 15, 2024, by”
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.
Phillip J. Kardis II was appointed as President at CHIMERA INVESTMENT CORP.
“On March 18, 2024, Phillip J. Kardis II, the Chief Executive Officer of Chimera Investment Corporation (the “ Company ”), was appointed the President of the Company to assume the position previously held by Mr. Choudhary Yarlagadda, who retired from the Company on March 15, 2024.”
Earnings Releases
CHIMERA INVESTMENT CORP reported the full year ended December 31, 2023 results: net income $52 million, EPS $0.23 per diluted common share.
“FULL YEAR GAAP NET INCOME OF $52 MILLION, OR $0.23 PER DILUTED COMMON SHARE”
Earnings Releases
CHIMERA INVESTMENT CORP reported the fourth quarter ended December 31, 2023 results: EPS $0.05 per diluted common share.
“4TH QUARTER GAAP NET INCOME OF $0.05 PER DILUTED COMMON SHARE”
Subramaniam Viswanathan changed role as Chief Financial Officer at CHIMERA INVESTMENT CORP.
“On February 5, 2024, Subramaniam Viswanathan, the Chief Financial Officer of Chimera Investment Corporation (the “ Company ”), was designated as the principal accounting officer.”
Choudhary Yarlagadda retired as President, Chief Operating Officer and Co-Chief Investment Officer at CHIMERA INVESTMENT CORP.
“Choudhary Yarlagadda mutually agreed that Mr. Yarlagadda will retire from employment with the Company and resign from the Board of Directors of the Company (the “ Board ”), effective (i) March 31, 2024”
Earnings Releases
CHIMERA INVESTMENT CORP reported third quarter ended September 30, 2023 results: net income $(0.07) per diluted common share, EPS $(0.07) per diluted common share.
“Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2023. Financial Highlights: • 3RD QUARTER GAAP NET LOSS OF $(0.07) PER DILUTED COMMON SHARE”
Susan Mills was appointed as Class I Director at CHIMERA INVESTMENT CORP.
“Susan Mills has been appointed to the Company’s Board of Directors (the “Board”) as a Class I Director, effective November 13, 2023.”
Earnings Releases
CHIMERA INVESTMENT CORP reported the second quarter ended June 30, 2023 results: net income $0.08 PER DILUTED COMMON SHARE, EPS $0.08.
“Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the second quarter ended June 30, 2023. Financial Highlights: • 2ND QUARTER GAAP NET INCOME OF $0.08 PER DILUTED COMMON SHARE”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm at the 2023-06-14 meeting.
“Proposal 5 . Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for the Company for the current fiscal year.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Approve the Company's 2023 Equity Incentive Plan at the 2023-06-14 meeting.
“Proposal 4. A vote to approve the Company’s 2023 Equity Incentive Plan.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Non-binding advisory resolution on the frequency of future voting on the Company's executive compensation at the 2023-06-14 meeting.
“Proposal 3. A vote on a non-binding advisory resolution on the frequency of future voting on the Company’s executive compensation.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Non-binding advisory resolution on the Company's executive compensation at the 2023-06-14 meeting.
“Proposal 2 . A vote on a non-binding advisory resolution on the Company’s executive compensation.”
Shareholder Votes
CHIMERA INVESTMENT CORP shareholders approved Election of Directors at the 2023-06-14 meeting.
“Proposal 1 . The election of two Class I Directors, Kevin G. Chavers and Gerard Creagh, each to serve until the annual meeting of stockholders in 2026, one Class II Director, Mark Abrams, to serve until the annual meeting of stockholders in 2024, and one Class III Director, Phillip J. Kardis II, to serve until the annual meeting of stockholders in 2025 .”
Earnings Releases
CHIMERA INVESTMENT CORP reported the first quarter ended March 31, 2023 results: EPS $0.17 per diluted common share.
“CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2023 EARNINGS NEW YORK - (BUSINESS WIRE) - Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the first quarter ended March 31, 2023. Financial Highlights: • 1ST QUARTER GAAP NET INCOME OF $0.17 PER DILUTED COMMON SHARE”
Material Agreements
CHIMERA INVESTMENT CORP amended Amendments with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC valued at up to $500,000,000 (effective 2023-02-17).
“On February 17, 2023, Chimera Investment Corporation (the “Company”) entered into (i) separate Distribution Agency Agreements (collectively, the “New Sales Agreements”) with each of J.P. Morgan Securities LLC and UBS Securities LLC, and (2) amendments (collectively, the “Amendments”) to the separate Distribution Agency Agreements, each dated February 18, 2022 (as amended, the “Existing Sales Agreements” and, together with the New Sales Agreements, the “Sales Agreements”), with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC (together with J.P. Morgan Securities LLC and UBS Securities LLC, the “Sales Agents”), to include J.P. Morgan Securities LLC and UBS Securities LLC as additional Sales Agents. Under the terms of the Sales Agreements, the Company may offer and sell shares of its common stock, par value $0.01 per share (“Common Stock”), having an aggregate offering price of up to $500,000,000 (the “”
Material Agreements
CHIMERA INVESTMENT CORP entered into New Sales Agreements with J.P. Morgan Securities LLC and UBS Securities LLC valued at up to $500,000,000 (effective 2023-02-17).
“On February 17, 2023, Chimera Investment Corporation (the “Company”) entered into (i) separate Distribution Agency Agreements (collectively, the “New Sales Agreements”) with each of J.P. Morgan Securities LLC and UBS Securities LLC, and (2) amendments (collectively, the “Amendments”) to the separate Distribution Agency Agreements, each dated February 18, 2022 (as amended, the “Existing Sales Agreements” and, together with the New Sales Agreements, the “Sales Agreements”), with JMP Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC (together with J.P. Morgan Securities LLC and UBS Securities LLC, the “Sales Agents”), to include J.P. Morgan Securities LLC and UBS Securities LLC as additional Sales Agents. Under the terms of the Sales Agreements, the Company may offer and sell shares of its common stock, par value $0.01 per share (“Common Stock”), having an aggregate offering price of up to $500,000,000 (the “”
Earnings Releases
CHIMERA INVESTMENT CORP reported the quarter and year ended December 31, 2022 results: net income $0.34 per diluted common share (4th quarter) and a net loss of $587 million, or $2.51 per diluted common share (full yea.
“On February 15, 2023, the registrant issued a press release announcing its financial results for the quarter and year ended December 31, 2022.”
Earnings Releases
CHIMERA INVESTMENT CORP reported the fiscal quarter ended December 31, 2022 results: EPS between $0.32 and $0.35 per diluted common share.
“Quarterly Estimates Book value was estimated to be between $7.45 and $7.50 per common share as of December 31, 2022, after deducting for fourth quarter 2022 common and preferred dividends as declared GAAP net income was estimated to be between $0.32 and $0.35 per diluted common share”
Mohit Marria departed as Chief Executive Officer and Chief Investment Officer at CHIMERA INVESTMENT CORP.
“On December 31, 2022, Mr. Marria entered into a separation agreement and general release (the “Separation Agreement”) with the Company, which provides for pay in lieu of notice and severance payments and benefits pursuant to the terms of his employment agreement with the Company, effective January 1, 2019 (the “Employment Agreement”), as previously filed with the Securities and Exchange Commission, for a termination without cause, subject to his not revoking the Separation Agreement within a seven day revocation period and his complying with post-termination restrictive covenants.”
Choudhary Yarlagadda was appointed as co-Chief Investment Officer at CHIMERA INVESTMENT CORP.
“the Board appointed Choudhary Yarlagadda, who currently serves as the Company’s President and Chief Operating Officer ("COO") and a Class III director, to serve as the Company’s co-CIO, effective December 10, 2022.”
Phillip J. Kardis II resigned as Secretary at CHIMERA INVESTMENT CORP.
“Mr. Kardis concurrently resigned from his roles as CLO and Secretary”
Phillip J. Kardis II resigned as Chief Legal Officer at CHIMERA INVESTMENT CORP.
“Mr. Kardis concurrently resigned from his roles as CLO and Secretary”
Phillip J. Kardis II was elected as Class III Director at CHIMERA INVESTMENT CORP.
“the Board has also elected Mr. Kardis to the Board as a Class III director, effective December 10, 2022”
Phillip J. Kardis II was appointed as Chief Executive Officer at CHIMERA INVESTMENT CORP.
“the Board appointed Phillip J. Kardis II, who currently serves as the Company’s Chief Legal Officer ("CLO") and Secretary, to serve as CEO, effective December 10, 2022.”
Mohit Marria resigned as Director at CHIMERA INVESTMENT CORP.
“Additionally, Mr. Marria resigned from the Company’s Board of Directors (the "Board"), effective December 10, 2022.”
Mohit Marria resigned as Chief Investment Officer at CHIMERA INVESTMENT CORP.
“On December 10, 2022, it was determined that Mr. Marria will separate from employment with the Company as the Company’s Chief Executive Officer ("CEO") and Chief Investment Officer ("CIO"), effective December 10, 2022.”
Mohit Marria resigned as Chief Executive Officer at CHIMERA INVESTMENT CORP.
“On December 10, 2022, it was determined that Mr. Marria will separate from employment with the Company as the Company’s Chief Executive Officer ("CEO") and Chief Investment Officer ("CIO"), effective December 10, 2022.”
Earnings Releases
CHIMERA INVESTMENT CORP reported the third quarter ended September 30, 2022 results: EPS 3RD QUARTER GAAP NET LOSS OF $0.88 PER DILUTED COMMON SHARE.
“Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2022. Financial Highlights: • 3RD QUARTER GAAP NET LOSS OF $0.88 PER DILUTED COMMON SHARE”
John P. Reilly departed as Director at CHIMERA INVESTMENT CORP.
“John P. Reilly, an independent member of the Board of Directors (the “Board”) of Chimera Investment Corporation (the “Company”), notified the Company that he will not stand for re-election at the Company’s 2022 Annual Meeting of Stockholders.”
Sandra Bell was appointed as Class II Director at CHIMERA INVESTMENT CORP.
“Chimera Investment Corporation announced today that Sandra Bell has been appointed to the Company’s Board of Directors as a Class II Director.”
Subramaniam Viswanathan was appointed as Chief Financial Officer and Principal Financial Officer at CHIMERA INVESTMENT CORP.
“the Board of Directors of Chimera Investment Corporation (the “Company”) appointed Subramaniam Viswanathan as the Company’s Chief Financial Officer and Principal Financial Officer, to be effective as soon as practicable, but not later than September 15, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.