Chimera Investment (CIM) Tops Q2 EPS by 1c
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Chimera Investment Corporation Reports 2nd Quarter 2020 Earnings
August 5, 2020 7:00 AM EDTGAAP Net Loss of $(0.37) Per Common Share Core Earnings(1) of $0.32 Per Common Share GAAP Book Value of $10.63 Per Common Share Financed Nearly $2 Billion of Non-Agency Securities on Non-Mark-to-Market Facilities Removed the Mark-to-Market Warehouse Financing Risk of Our Non-Securitized Residential Loan Portfolio Through Three Securitizations and a New Non-Mark-to-Market Facility
NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the second quarter ended June 30, 2020. The Companys GAAP net loss for the second quarter was $(73) million, or $(0.37)... More
