Ellington Financial (EFC) Misses Q4 EPS by 3c

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Ellington Financial Inc. Reports Fourth Quarter 2021 Results

February 23, 2022 4:55 PM EST

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

Highlights

Net income of $34.3 million, or $0.61 per common share. Core Earnings1 of $24.9 million, or $0.44 per share. Book value per common share as of December 31, 2021 of $18.39, including the effects of dividends of $0.45 per common share for the quarter. Credit strategy gross income of $51.8 million for the quarter, or $0.91 per share. Agency strategy gross loss of $(1.4) million for the quarter, or $(0.03) per... More