Chimera Q2 Earnings: $0.46 EAD Covers $0.45 Dividend, Origination Volume Up 30%
CIM is trading near its 52-week low of $11.67 (8.1% above the low).
Summary
Chimera Investment Corporation reported Q2 2026 earnings available for distribution of $0.46 per share, covering its $0.45 dividend, while book value per share fell to $17.75. Residential origination volume surged 30% year-over-year to $1.1 billion.
Key Events · Earnings and Guidance · CIM
-
Earnings Cover Dividend
Earnings available for distribution of $0.46 per share covered the $0.45 quarterly dividend, maintaining a 102% payout ratio.
-
Book Value Declines
GAAP book value per common share fell 3.2% sequentially to $17.75, primarily due to mark-to-market adjustments on securitized loans.
-
Origination Volume Surges
Residential origination segment funded $1.1 billion in production volume, a 30% increase year-over-year, generating $12 million in EBTDA.
-
Portfolio Repositioning Continues
Completed two re-securitizations of $487 million in re-performing loans and aggregated $301 million of HomeXpress-originated loans for an inaugural securitization.
Analysis · CIM · Real Estate & Construction
Chimera reported Q2 2026 earnings available for distribution of $0.46 per share, covering the $0.45 dividend for the quarter. Book value per share declined 3.2% sequentially to $17.75, driven by mark-to-market adjustments on the securitized loan portfolio. The residential origination segment delivered $1.1 billion in volume, up 30% year-over-year, and contributed $12 million in EBTDA. The company maintained strong liquidity with $444 million in cash and continued portfolio repositioning, including two re-securitizations and aggregation of loans for an inaugural HomeXpress securitization. The results demonstrate resilient earnings power despite a challenging rate environment, but the book value decline and GAAP net loss highlight ongoing pressure from fair value marks.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CIM was trading at $12.62 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $11.67 to $14.88. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.