Highest-materiality recent filing
Chimera Q1 2026: GAAP loss $65M, EAD $0.54 supports $0.45 dividend
GAAP net loss $65M (-$0.78 diluted EPS); EAD (non-GAAP) $46M ($0.54/diluted share).
Chimera increases Q1 2026 common dividend to $0.45 from $0.37; expects to maintain $0.45 for 2026
Q1 2026 common dividend $0.45/share (up from $0.37 in Q4 2025); payable April 30, 2026; record March 31, 2026.
Chimera Q4 GAAP net income $7M; EAD $0.53/sh; dividend increased
GAAP net income Q4 $7M ($0.08 diluted EPS); full year $144M ($1.72 diluted EPS).
Chimera reports Q3 GAAP net loss $0.27/sh; EAD $0.37; closes HomeXpress buy
GAAP net loss of $21.997M ($0.27 diluted loss per share); EAD of $30.255M ($0.37/adjusted diluted share).
Total consideration: $119.5M adjusted book value, $120M cash premium, and 2,077,151 shares of CIM common stock.
Chimera issues $120M of 8.875% senior notes due 2030, net proceeds ~$115.8M
$120M aggregate principal (incl. $5M over-allotment) of 8.875% senior notes due Aug 15, 2030.
Chimera Investment prices $115M of 8.875% Senior Notes due 2030
$115M aggregate principal of 8.875% Senior Notes due 2030 priced; underwriters have 30-day option for additional $17.25M.
Chimera Q2 GAAP EPS $0.17, EAD $0.39; agrees to acquire HomeXpress Mortgage
GAAP net income $0.17/diluted share; earnings available for distribution (non-GAAP) $0.39/adjusted diluted share.
Chimera acquires HomeXpress Mortgage Corp. for $120M cash plus stock
Acquires all Capital Stock of HX Holdco Corp. and Management Held Company Stock from Seer Capital and management sellers.
Chimera acquires HomeXpress Mortgage; $120M cash + 2.08M shares premium, Q4 close
Purchase price equals adjusted book value at closing plus $120M cash and 2,077,151 Chimera shares.
Chimera Q1 GAAP EPS $1.77, EAD $0.41, BV $21.17, economic return 9.2%
GAAP net income $1.77 per diluted share; earnings available for distribution $0.41 per share (up 11% sequentially).
Chimera Investment Corp Chief Credit & Risk Officer Dan Thakkar to step down effective July 1, 2025
Dan Thakkar mutually agrees to step down as Chief Credit & Risk Officer, effective July 1, 2025; garden leave begins April 2, 2025.
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.
Chimera Q4 2024 GAAP net loss of $2.04 per share; full year net income $1.10 per share
Q4 2024 GAAP net loss of $2.04 per diluted common share; full year GAAP net income $1.10 per share.
Chimera sponsors $287.7M residential mortgage loan securitization CIM 2025-I1
Securitization of $287.7M residential mortgage investor loans with 7.9% weighted avg coupon.
Chimera completes $30M acquisition of Palisades Group; Jack Macdowell named CIO
Acquisition of Palisades Group closed Dec 2, 2024 for $30M cash plus up to $20M earnout over 5 years.
Chimera Q3 GAAP EPS $1.39, book value $22.35, economic return 6.82%
GAAP net income of $1.39 per diluted common share, up from $0.41 in Q2; earnings available for distribution of $0.36 per share.
Chimera to acquire Palisades Group for $30M upfront plus up to $20M earnout
Upfront cash consideration of $30M; earnout up to $20M over 5 yrs based on revenue targets.
Chimera Investment Corp increases Q3 2024 common dividend to $0.37 per share
Q3 2024 cash dividend of $0.37 per common share, an increase from the prior quarter.
Chimera Q2 GAAP net income $0.41/diluted share, EAD $0.37; BV $21.27, economic return 1.4%
Q2 GAAP net income $33.9M ($0.41 diluted EPS) vs $111.0M ($1.36) in Q1; drop due to lower unrealized gains.
Chimera sponsors $468.1M securitization of reperforming residential mortgage loans
CIM 2024-R1 securitization totals $468.1M; $351.8M senior notes sold to institutional investors at 75.15% advance rate.
Chimera Investment increases Q2 2024 common dividend to $0.35 per share
Q2 2024 cash dividend of $0.35 per common share, up from $0.33 in Q1 2024 on a reverse-split adjusted basis.
Chimera Investment Corp issues $65M of 9.000% Senior Notes due 2029
Issued $65 million aggregate principal amount of 9.000% Senior Notes due May 15, 2029.
Chimera Investment Corp announces 1-for-3 reverse stock split, effective May 21, 2024
Outstanding shares reduced from ~241.4M to ~80.5M; authorized shares cut from 500M to 166.7M.
Chimera Q1 2024 GAAP EPS $0.45, book value $7.11, economic return 7%
GAAP net income available to common of $111M ($0.45 diluted), vs $39M ($0.17) in Q1 2023.
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.
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
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.
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.
Max materiality 0.85 · Median 0.57 · Most common event dividend