Ellington Financial (EFC) Reports In-Line Q4 EPS

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Ellington Financial Inc. Reports Fourth Quarter 2019 Results

February 12, 2020 4:44 PM EST

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended December 31, 2019.

Highlights

Net income of $11.1 million, or $0.31 per common share. Core Earnings1 of $15.8 million, or $0.44 per share. Book value per common share as of December 31, 2019 of $18.48, including the effects of dividends of $0.42 per common share for the quarter, and the effects of common and preferred equity offerings completed during the quarter. Credit strategy gross income of $9.9 million for the quarter, or $0.28 per... More