Earnings Releases·Nov 5, 2026, 6:45 AM ET

Chimera Investment Corporation — Third Quarter 2026 Earnings Summary

GAAP net income available to common shareholders widened to a loss of $194 million ($2.31/share) from $22 million ($0.27/share) in the prior year quarter, driven by $391.0 million in net unrealized losses and a -13.98% economic return, while Earnings Available for Distribution (EAD) rose 6.7% to $32 million ($0.38/share).
Total assets and liabilities increased to $16.7 billion and $14.5 billion respectively, pushing GAAP leverage to 6.5:1 from 5.1:1, alongside a 43% increase in secured financing agreements to $8.6 billion.
The Residential Origination segment grew loan volume 27% year-over-year to $1.1 billion and completed the inaugural $291 million Prism securitization, though the segment reported a $2.4 million net loss.
Management provided no specific numerical forward guidance, citing a focus on disciplined capital allocation and liquidity maintenance amidst credit spread widening and interest rate volatility.