Chimera Investment (CIM) Tops Q1 EPS by 1c

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CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2022 EARNINGS

May 5, 2022 7:00 AM EDT

1ST QUARTER GAAP NET LOSS OF $1.19 PER DILUTED COMMON SHARE 1ST QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $0.39 PER DILUTED COMMON SHARE WHICH INCLUDES $0.07 OF INCOME FROM AGENCY CMBS SECURITIES THAT HAVE BEEN CALLED GAAP BOOK VALUE OF $10.15 PER COMMON SHARE

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2022. The Companys GAAP net loss for the first quarter was $281 million, or $1.19 per diluted common share. Earnings available for... More