Earnings ·
Reports Q3 net income of $0.31 per share; issues $150M in senior notes
EFCEllington Financial Inc.
Ellington Financial reported third-quarter 2026 net income attributable to common stockholders of $40.4 million, or $0.31 per share, driven by $61.1 million from its investment portfolio and $12.5 million from Longbridge, offset by a loss in Corporate/Other. Adjusted distributable earnings were $58.0 million, or $0.45 per share. The company issued $150 million of 7.375% senior unsecured notes due 2030 in an add-on offering, bringing the series to $550 million outstanding. Book value per common share was $13.53 as of September 30, 2026. Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, reverse mortgage loans, and other strategic investments.