Ellington Residential Mortgage REIT(EARN) - 2023 Q4 - Annual Results

Exhibit 99.1 Ellington Residential Mortgage REIT Reports Fourth Quarter 2023 Results OLD GREENWICH, Connecticut—March 6, 2024 Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended December 31, 2023. Highlights Fourth Quarter 2023 Results "During the fourth quarter, Ellington Residential generated net income of $0.75 per share and a non-annualized economic return of 7.7%, while Adjusted Distributable Earnings grew to$ 0.27 per share and ...