Chimera Investment (CIM) Tops Q1 EPS by 6c

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CHIMERA INVESTMENT CORPORATION REPORTS 1ST QUARTER 2021 EARNINGS

May 5, 2021 7:00 AM EDT

1ST QUARTER GAAP NET INCOME OF $0.54 PER COMMON SHARE 1ST QUARTER CORE EARNINGS(1) OF $0.36 PER COMMON SHARE GAAP BOOK VALUE OF $11.44 PER COMMON SHARE BOARD INCREASED SECOND QUARTER DIVIDEND BY 10% TO $0.33 PER SHARE OF COMMON STOCK

NEW YORK--(BUSINESS WIRE)-- Chimera Investment Corporation (NYSE: CIM) today announced its financial results for the first quarter ended March 31, 2021. The Companys GAAP net income for the first quarter was $139 million, or $0.54 per common share. Core earnings(1) for the first quarter ended March 31, 2021 was $87 million, or $0.36 per... More