Chimera Investment Corporation

Chimera Investment Corporation reported net income of $230.5 million for fiscal year 2025, with net income available to common shareholders of $144.5 million after $86.0 million in preferred stock dividends. The company generated $266.4 million in net interest income from $821.3 million in interest income and $554.9 million in interest expense. Total other income contributed $120.3 million, primarily driven by $81.7 million in net unrealized gains on financial instruments at fair value and $20.6 million in gain on origination and sale of loans. The balance sheet shows total assets of $15.81 billion, with loans held for investment at fair value comprising $9.80 billion. Total liabilities were $13.24 billion, resulting in stockholders' equity of $2.57 billion. Cash flow from operations was negative $248.9 million, while financing activities provided $2.11 billion, leading to a net increase in cash of $200.5 million. The company paid $122.7 million in common dividends and $86.0 million in preferred dividends during the year.

Key Takeaways