Chimera (CIM) Q1 2026 Earnings Call Summary
Chimera reported first-quarter earnings with a net loss of $65 million due to strategic loan sales and securitization redemptions. HomeXpress saw strong performance, including an annualized EBITDA ROE of 16.8% and increased loan origination volume by 39%. The company's economic net interest income was $72.8 million with a yield on assets at 6%, while cash and unencumbered assets rose to $675 million.
Topics: dividend_coverage ebitda financial_performance loan_sales