Workflow
Chimera Investment(CIM)
icon
Search documents
CHIMERA INVESTMENT CORPORATION REPORTS 4TH QUARTER 2023 EARNINGS
Businesswire· 2024-02-14 12:00
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter and full year ended December 31, 2023. Financial Highlights: 4TH QUARTER GAAP NET INCOME OF $0.05 PER DILUTED COMMON SHARE 4TH QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $0.13 PER DILUTED COMMON SHARE FULL YEAR GAAP NET INCOME OF $52 MILLION, OR $0.23 PER DILUTED COMMON SHARE FULL YEAR EARNINGS AVAILABLE FOR DISTRIBUTION(1) OF $119 MILLION, OR $0.51 PER DILUTED ...
Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call
Businesswire· 2024-01-30 21:30
NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE: CIM) (the "Company") announced today that it plans to release its financial results for the fourth quarter and full year ended December 31, 2023 on Wednesday, February 14, 2024 prior to 7:00 a.m. EDT. The Company will conduct a conference call and audio webcast to discuss the results on Wednesday, February 14, 2024 at 8:30 a.m. EDT. Call-in Number: U.S. Toll Free (866) 604-1613 International (201) 689-7810 Webcast ...
Chimera Investment(CIM) - 2023 Q3 - Earnings Call Presentation
2023-11-02 19:33
Financing Interest Rate Hedging $1.9 billion of floating rate financing $1.0 billion of interest rate swaps Interest rate swaps hedge 53% of the floating rate liabilities $1.5 billion of interest rate swaptions Weighted average pay-fixed rate of 3.56% Liquidity $139 million in cash Q3 2023 Post Q3 2023 (1) Investment Portfolio Book value per share lower by approximately 2% to 3% post Q3 2023. Refinanced $250 million of high-cost fixed rate Non-MtM financing into new 2-year capped floating rate Limited MtM f ...
Chimera Investment(CIM) - 2023 Q3 - Earnings Call Transcript
2023-11-02 15:57
Chimera Investment Corporation (NYSE:CIM) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Victor Falvo - Head, Capital Markets Phillip Kardis - CEO & Director Subramaniam Viswanathan - CFO Dan Thakkar - Co-CIO Conference Call Participants Stephen Laws - Raymond James & Associates Trevor Cranston - JMP Securities Bose George - KBW Eric Hagen - BTIG Operator Greetings. Welcome to the Chimera Investment Corporation Third Quarter 2023 Earnings Call. [Operator Instructions]. At ...
Chimera Investment(CIM) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
difference between the model generated prices and third-party prices provided in excess of the thresholds for the period. The internally developed prices were $14 million higher, in the aggregate, than the third-party prices provided of $82 million. After review and discussion, the Company affirmed and valued the investments at the higher internally developed prices. No other differences were noted at December 31, 2022 in excess of the thresholds for the period. Loans consisting of seasoned reperforming res ...
Chimera Investment(CIM) - 2023 Q2 - Earnings Call Presentation
2023-08-03 13:48
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|---------------------|-------------|----------------|-------------------------------------------|-------|-------|---------------------------------------------------------------------|-------|-------|-----------------------|-------| | Q2 2023 Key Loan Statistics \nTotal Current Unpaid Principal Balance (UPB) | $12.6 Billion (1) | | have been low. | Delinque ...
Chimera Investment(CIM) - 2023 Q2 - Earnings Call Transcript
2023-08-03 13:46
Chimera Investment Corporation (NYSE:CIM) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Victor Falvo - Head, Capital Markets Phil Kardis - CEO Subra Viswanathan - CFO Dan Thakkar - Co-Chief Investment Officer Conference Call Participants Bose George - KBW Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Operator Good day, ladies and gentlemen, and welcome to the Chimera Investment Second Quarter 2023 Earnings Call. All lines have been placed on a listen-only mod ...
Chimera Investment(CIM) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
30 Days Delinquent 60 Days Delinquent 90+ Days Delinquent Bankruptcy Foreclosure REO Total Unpaid Principal Balance (dollars in thousands) The Company applies fair value guidance in accordance with GAAP to account for its financial instruments. The Company categorizes its financial instruments, based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or ...
Chimera Investment(CIM) - 2023 Q1 - Earnings Call Transcript
2023-05-04 15:07
Chimera Investment Corporation (NYSE:CIM) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Victor Falvo - Head, Capital Markets Phil Kardis - CEO Choudhary Yarlagadda - President and Co-CIO Dan Thakkar - Co-CIO Subra Viswanathan - CFO Conference Call Participants Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Bose George - KBW Operator Good day, ladies and gentlemen and welcome to the Chimera Investment Corporation First Quarter 2023 Earnings Call. All lines have bee ...
Chimera Investment(CIM) - 2023 Q1 - Quarterly Report
2023-05-03 16:00
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, 2023 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 jurisdict ...