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

Ellington Financial Q3 profit falls to $0.31 per share from $0.43 in Q2

Negative Impact 3 of 5 earnings

Ellington Financial reported net income attributable to common stockholders of $40.4 million, or $0.31 per share, for the quarter ended September 30, 2026, down from $54.4 million, or $0.43 per share, in the second quarter. Adjusted Distributable Earnings were $58.0 million, or $0.45 per share, and book value per common share was $13.53, which the company said exceeded its $0.39 quarterly dividend in adjusted earnings. For shareholders, the lower GAAP profit reflected a sharp drop in Longbridge segment earnings and losses in Corporate/Other.

Key points

  • Net income attributable to common stockholders was $40.4 million, or $0.31 per share, versus $54.4 million, or $0.43 per share, in Q2 2026.
  • Adjusted Distributable Earnings were $58.0 million, or $0.45 per share; the investment portfolio segment contributed $77.6 million.
  • Longbridge segment net income fell to $12.5 million from $30.2 million in the second quarter.
  • Issued $150 million of 7.375% senior unsecured notes due 2030 in September, bringing the series to $550 million outstanding.

The filing

CompanyEllington Financial (EFC)
Form8-K, current report
Filed with the SECNov 4, 2026, 5:04 PM ET
Accession number0001628280-26-070263

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

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.