CHIMERA INVESTMENT CORP
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations (Unaudited) for the quarters an
| CHIMERA INVESTMENT CORPORATION | ||||
|---|---|---|---|---|
| CONSOLIDATED STATEMENTS OF OPERATIONS | ||||
| (dollars in thousands, except share and per share data) | ||||
| (Unaudited) | ||||
| For the Quarters Ended | For the Nine Months Ended | |||
| September 30, 2026 | September 30, 2025 | September 30, 2026 | September 30, 2025 | |
| Net Interest Income: | ||||
| Interest income (1) | $230,687 | $209,100 | $671,607 | $601,014 |
| Interest expense (2) | 159,504 | 144,089 | 454,912 | 400,773 |
| Net interest income | 71,183 | 65,011 | 216,695 | 200,241 |
| Increase in provision for credit losses | 6,847 | 2,587 | 16,863 | 10,383 |
| Other income (losses): | ||||
| Net unrealized gains (losses) on derivatives | 127,224 | (7,907) | 160,772 | (16,932) |
| Realized gains (losses) on derivatives | 74,901 | 2,015 | 87,298 | (15,857) |
| Periodic interest on derivatives, net | 5,639 | 5,751 | 9,534 | 14,953 |
| Net gains (losses) on derivatives | 207,764 | (141) | 257,604 | (17,836) |
| Investment management and advisory fees | 7,978 | 8,509 | 21,682 | 26,254 |
| Interest income from investment in MSR financing receivables, net (3) | 777 | 500 | 3,927 | 500 |
| Net unrealized gains (losses) on financial instruments at fair value | (391,000) | (36,995) | (471,922) | 98,872 |
| Net realized gains (losses) on sales of investments | (26,889) | 1,991 | (76,941) | 76 |
| Gains (losses) on extinguishment of debt | — | — | (41,605) | 2,122 |
| Other investment gains (losses) | 1,063 | 1,945 | 1,382 | 4,481 |
| Gain on origination and sale of loans, net | 11,128 | — | 54,723 | — |
| Total other income (losses) | (189,179) | (24,191) | (251,150) | 114,469 |
| Other expenses: | ||||
| Compensation and benefits (4) | 23,875 | 13,756 | 75,683 | 38,501 |
| General and administrative expenses | 12,174 | 6,936 | 35,814 | 20,658 |
| Servicing and asset manager fees | 6,164 | 6,991 | 16,117 | 21,726 |
| Depreciation, amortization, and impairment of intangible assets | 5,479 | 948 | 19,203 | 2,850 |
| Transaction expenses | — | 9,931 | 3,305 | 16,009 |
| Total other expenses | 47,692 | 38,562 | 150,122 | 99,744 |
| Income (loss) before income taxes | (172,535) | (329) | (201,440) | 204,583 |
| Income tax expense (benefit) | (306) | 251 | (2,671) | 2,416 |
| Net income (loss) | $(172,229) | $(580) | $(198,769) | $202,167 |
| Dividends on preferred stock | $21,433 | $21,417 | $63,910 | $64,200 |
| Net income (loss) available to common shareholders | $(193,662) | $(21,997) | $(262,679) | $137,967 |
| Net income (loss) per share available to common shareholders: | ||||
| Basic | $(2.31) | $(0.27) | $(3.14) | $1.69 |
| Diluted | $(2.31) | $(0.27) | $(3.14) | $1.67 |
| Weighted average number of common shares outstanding: | ||||
| Basic | 83,870,874 | 81,507,492 | 83,787,100 | 81,435,782 |
| Diluted | 83,870,874 | 81,507,492 | 83,787,100 | 82,696,006 |
(1)Includes interest income of consolidated VIEs of $104,642 and $137,597 for the quarters ended September 30, 2026 and 2025 respectively, and $339,901 and$423,817 for the nine months ended September 30, 2026 and 2025, respectively. See Note 10 for further discussion.
(2)Includes interest expense of consolidated VIEs of $55,287 and $70,387 for the quarters ended September 30, 2026 and 2025 respectively, and $173,765 and $213,076 for the nine months ended September 30, 2026 and 2025, respectively. See Note 10 for further discussion.
(3)Includes interest income from investment in MSR financing receivables of a consolidated VIE of $312 and $363 for the quarter ended September 30, 2026 and 2025, respectively, and $2,162 and $363 for the nine months ended September 30, 2026 and 2025. See Note 10 for further discussion.
(4)Includes a related-party, non-cash imputed compensation expense from the Palisades Acquisition of $302 and $341 for the quarters ended September 30, 2026 and 2025, respectively, and $984 and $1,023 for the nine months ended September 30, 2026 and 2025, respectively.
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