AI brief of an SEC Form 8-K · Ellington Financial (EFC)

Ellington Financial Q3 GAAP EPS $0.29, down from $0.45; adjusted distributable EPS $0.53

Mixed Impact 3 of 5 earnings Written later

Ellington Financial reported third-quarter 2025 results on November 5, 2025. GAAP net income attributable to common stockholders was $0.29 per share, down from $0.45 in the prior quarter, while Adjusted Distributable Earnings were $0.53 per share. Net interest income rose to $49.7 million from $43.3 million, and the company priced $400 million of five-year senior unsecured notes, which shifts more of its borrowing to longer-term financing.

Key points

  • Net income attributable to common stockholders was $29.5 million, or $0.29 per share, for the quarter ended September 30, 2025, compared with $42.9 million, or $0.45 per share, for the quarter ended June 30, 2025.
  • Adjusted Distributable Earnings were $54.2 million, or $0.53 per share, including $16.1 million, or $0.16 per share, from Longbridge.
  • Book value per common share was $13.40 as of September 30, 2025, including the effects of $0.39 per share in dividends for the quarter.
  • Recourse debt-to-equity ratio was 1.8:1 as of September 30, 2025; $400 million of senior unsecured notes priced at a 7.375% yield and closed after quarter end.

The filing

CompanyEllington Financial (EFC)
Form8-K, current report
Filed with the SECNov 5, 2025, 5:23 PM ET
Accession number0001628280-25-049702

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.