Chimera Investment Corporation (NYSE:CIM) Q3 2021 Earnings Conference Call November 3, 2021 8:30 AM ET Company Participants Mohit Marria - Chief Executive Officer, Chief Investment Officer Subramaniam Viswanathan - Chief Financial Officer Victor Falvo - Head of Capital Markets Conference Call Participants Mike Smith - KBW Eric Hagen - BTIG Trevor Cranston - JMP Securities Doug Harter - Credit Suisse Operator Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation third ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _________________ COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact name of Registrant as specified in its Charter) Maryland ...

Chimera Investment Corporation (NYSE:CIM) Q2 2021 Earnings Conference Call August 4, 2021 8:30 AM ET Company Participants Mohit Marria - CEO & CIO Choudhary Yarlagadda - President Subra Viswanathan - COO Kelley Kortman - CFO Victor Falvo - Head, Capital Markets Conference Call Participants Doug Harter - Credit Suisse Eric Hagen - BTIG Trevor Cranston - JMP securities Stephen Laws - Raymond James Operator Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation Second Qu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _________________ COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact name of Registrant as specified in its Charter) Maryland 26-06 ...

FINANCIAL SUPPLEMENT 1st Quarter 2021 DISCLAIMER This presentation includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as "goal" "expect," "target," "assume," "estimate," "project," "budget," "forecast," "anticip ...

Chimera Investment Corporation (NYSE:CIM) Q1 2021 Results Earnings Conference Call May 5, 2021 8:30 AM ET Company Participants Mohit Marria - CEO & CIO Rob Colligan - Chief Financial Officer Choudhary Yarlagadda - President & COO Victor Falvo - Head, Capital Markets Conference Call Participants Doug Harter - Credit Suisse Operator Ladies and gentlemen, thank you for standing by. Welcome to the Chimera Investment Corporation First Quarter 2021 Earnings Conference Call and Webcast. All lines have been placed ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _________________ COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact name of Registrant as specified in its Charter) Maryland 26-0 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED: December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact Name of Registrant as Specified in its Charter) Maryland 26-0630461 (State or other jurisdiction o ...

Financial Data and Key Metrics Changes - The company's GAAP book value at the end of Q4 was $12.36 per share, with a 6% economic return based on the quarterly change in book value and the dividend per common share [28] - GAAP net income for Q4 was $129 million or $0.49 per share, while for the full year it was $15 million or $0.07 per share [29] - Economic net interest income for Q4 was $117 million, and for the full year, it was $513 million [29] - The yield on average interest-earning assets for Q4 was 5.9%, with an average cost of funds at 3.6%, resulting in a net interest spread of 2.3% [29] Business Line Data and Key Metrics Changes - The company sponsored $4.2 billion in 11 separate securitized deals for the calendar year 2020, retaining $655 million in subordinate notes [14] - The average loan size in the R6 transaction was $102,000 with an average LTV of 71% and an average FICO score of 638 [20] - The average loan size in the R7 transaction was $81,000 with an average LTV of 60% and an average FICO score of 662 [22] Market Data and Key Metrics Changes - The housing market is robust, with December contract closings for existing homes at an annualized pace of 6.76 million units, the strongest since late 2006 [9] - The Federal Reserve's support for agency mortgage-backed securities has helped maintain low mortgage rates, benefiting home purchases and refinancing [9] Company Strategy and Development Direction - The company aims to enhance liquidity and strengthen its cash position, which has allowed it to retain a high-yielding credit portfolio [7] - The company believes its seasoned mortgage portfolio is strategically positioned to perform well amid strong housing fundamentals and a post-pandemic economic recovery [11] Management's Comments on Operating Environment and Future Outlook - Management noted that the securitization market has shown depth and resiliency, with spreads on securitized mortgage loans tightening to historically low levels [12] - The company plans to continue seeking ways to improve or lower liability costs for securitized debt and back-end financing of retained securities [25] Other Important Information - The board of directors increased the common stock repurchase authorization to $250 million, providing a tool for evaluating new investment opportunities [18] - The company has a low leverage ratio, allowing for potential increases in leverage as market conditions improve [27] Q&A Session Summary Question: Best opportunities to deploy capital - Management indicated that seasoned re-performing loans remain the core strategy, offering value due to strong housing fundamentals and a robust securitization market [32] Question: Cash yield on RPLs - Management acknowledged that yields have come in, with most loan packages trading at or above par, but with leverage, double-digit returns can still be achieved [34] Question: Economics of business purpose loans - The gross coupon on originations is just under 6%, with leveraged returns expected to be well into double digits [38] Question: Buyback authorization increase - The previous authorization was $150 million, with $228 million currently available [39] Question: Cost of financing on securitizations - The cost of funding for the recent securitizations was around 2.19%, with significant savings achieved through re-leveraging [41] Question: Appetite to lever retained pieces - Management expressed comfort in financing retained pieces, focusing on limited mark-to-market strategies [58]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _________________ COMMISSION FILE NUMBER: 1-33796 CHIMERA INVESTMENT CORPORATION (Exact name of Registrant as specified in its Charter) Maryland ...