Cherry Hill Mortgage Investment (CHMI) - 2025 Q4 - Annual Results

Financial Performance - GAAP net income applicable to common stockholders for Q4 2025 was $5.3 million, or $0.14 per share[6] - Earnings available for distribution (EAD) attributable to common stockholders for Q4 2025 were $3.9 million, or $0.11 per diluted share[5] - Comprehensive income attributable to common stockholders for Q4 2025 was $6.45 million[9] Dividends - Declared regular common dividend of $0.10 per share, resulting in an annualized common dividend yield of 15.4%[6] Asset Valuation - Common book value per share was $3.44 as of December 31, 2025[6] - The unpaid principal balance for the MSR portfolio was $15.9 billion, with a carrying value of $214.8 million[10] - The RMBS portfolio had a book value of approximately $1.2 billion, with a weighted average coupon of 4.98%[11] Portfolio Metrics - Aggregate portfolio leverage stood at 5.4x as of December 31, 2025[6] - Net interest spread for the RMBS portfolio was 2.52%[10] Financial Instruments - The Company held interest rate swaps with a notional amount of $828.7 million as of December 31, 2025[12]