Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 29

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 29
---
189 Realized gains (losses) on derivatives82 — Periodic interest on derivatives, net4,135 5,476 Net gains (losses) on derivatives(2,252)10,665 Investment management and advisory fees8,936 — Net unrealized gains (losses) on financial instruments at fair value128,895 76,765 Net realized gains (losses) on sales of investments— (3,750)Gains (losses) on extinguishment of debt2,122 — Other investment gains (losses)(417)4,686 Total other income (losses)137,284 88,366 Other expenses:Compensation and benefits13,085 9,213 General and administrative expenses6,907 5,720 Servicing and asset manager fees7,431 7,663 Amortization of intangibles and depreciation expenses951 — Transaction expenses5,688 67 Total other expenses34,062 22,663 Income before income taxes169,052 129,462 Income tax expense1,755 8 Net income$167,297 $129,454 Dividends on preferred stock21,357 18,438 Net income available to common shareholders$145,940 $111,016 Net income per share available to common shareholders:Basic$1.79 $1.37 Diluted$1.77 $1.36 Weighted average number of common shares outstanding:Basic81,350,497 81,239,381 Diluted82,394,218 81,718,214 

(1) Includes interest income of consolidated VIEs of $144,402 and $146,917 for the quarters ended March 31, 2025, and 2024, respectively. See Note 9 for further discussion.

(2) Includes interest expense of consolidated VIEs of $69,651 and $73,123 for the quarters ended March 31, 2025, and 2024, respectively. See Note 9 for further discussion.

See accompanying notes to consolidated financial statements.

3

CHIMERA INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(dollars in thousands, except share and per share data)(Unaudited)For the Quarters EndedMarch 31, 2025March 31