Ellington Financial reported positive results for Q4 2025, characterized by strong loan origination and securitization activity. While net income was impacted by unrealized losses on unsecured debt and issuance costs, Adjusted Distributable Earnings remained robust, significantly exceeding dividends. The company successfully completed its largest unsecured notes offering of $400 million, which was used to fortify the balance sheet and fund portfolio growth.

Ellington Financial delivered a strong second quarter, generating net income of $0.45 per share and an annualized economic return of 13.8%. Book value per share increased to $13.49, and adjusted distributable earnings per share rose sharply to $0.47, significantly exceeding dividends paid.

Ellington Financial Inc. reported net income of $0.35 per common share and adjusted distributable earnings of $0.39 per common share for the first quarter of 2025, driven by strength in mortgage loan portfolios and securitization activities, despite market volatility.

Ellington Financial reported net income attributable to common stockholders of $22.4 million, or $0.25 per common share, for the fourth quarter of 2024. Adjusted distributable earnings were $40.6 million, or $0.45 per common share, covering the $0.39 per share dividends for the quarter. The company saw strong performance from its loan originator affiliates and securitization-related gains.

Ellington Financial's investment portfolio expanded, driven by growth in high-yielding loan portfolios. Non-QM and proprietary reverse mortgage loan businesses performed strongly, contributing to net income of $0.19 per share. Adjusted distributable earnings increased to $0.40 per share, covering dividends.

Ellington Financial reported a non-annualized economic return of 4.5% for Q2 2024, driven by contributions from diversified credit and Agency portfolios, and the Longbridge reverse mortgage platform. The company saw strong performance in non-QM loans and robust earnings from Longbridge, along with benefits from residential transition and commercial mortgage loan strategies.

Ellington Financial Inc. reported a net income attributable to common stockholders of $26.9 million, or $0.32 per common share, for the first quarter of 2024. The company's investment portfolio generated $43.0 million, driven by the credit strategy ($40.9 million) and the Agency strategy ($2.1 million). Adjusted Distributable Earnings were $23.7 million, or $0.28 per common share.