Ellington Financial (EFC) Tops Q1 EPS by 5c

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Ellington Financial Inc. Reports First Quarter 2021 Results

May 5, 2021 4:10 PM EDT

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended March 31, 2021.

Highlights

Net income of $37.9 million, or $0.86 per common share. Core Earnings1 of $18.8 million, or $0.43 per share. Book value per common share as of March 31, 2021 of $18.16, including the effects of dividends of $0.30 per common share for the quarter. Credit strategy gross income of $50.7 million for the quarter, or $1.14 per share. Agency strategy gross income of $40 thousand for the... More