Ellington Financial (EFC) Tops Q2 EPS by 12c

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Ellington Financial Inc. Reports Second Quarter 2020 Results

August 6, 2020 5:07 PM EDT

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended June 30, 2020.

Highlights

Net income of $37.3 million, or $0.85 per common share. Core Earnings1 of $17.1 million, or $0.39 per share. Book value per common share as of June 30, 2020 of $15.67, including the effects of dividends of $0.25 per common share for the quarter. Credit strategy gross income of $33.7 million for the quarter, or $0.76 per share. Agency strategy gross income of $14.9 million for the quarter, or $0.33 per... More