Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 205

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 205
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 relate to the Palisades Acquisition and are not directly related to generation of our portfolio’s investment income.

 (2) Non-cash amortization of intangibles and depreciation expenses related to the Palisades Acquisition

The table below summarizes the reconciliation from weighted-average diluted shares under GAAP to the weighted-average adjusted diluted shares used for Earnings available for distribution for the periods reported below.

For the Quarters EndedSeptember 30, 2025June 30, 2025March 31, 2025December 31, 2024September 30, 2024Weighted average diluted shares - GAAP81,507,492 82,600,108 82,394,218 81,266,223 81,855,872 Potentially dilutive shares (1)1,377,857 — — 1,263,734 — Adjusted weighted average diluted shares - Earnings available for distribution82,885,34982,600,108 82,394,218 82,529,957 81,855,872 

(1) Potentially dilutive shares related to restricted stock units and performance stock units excluded from the computation of weighted average GAAP diluted shares because their effect would have been anti-dilutive given the GAAP net loss available to common shareholders for the quarter ended September 30, 2025 and December 31, 2024.

Earnings available for distribution for the quarter ended September 30, 2025 were $30 million, or $0.37 per average diluted common share, and slightly decreased by $2 million, compared to $32 million, or $0.39 per average diluted common share for the quarter ended June 30, 2025. 

Net Income (Loss) and Return on Total Stockholders' Equity

The table below shows our Net income (loss) and Economic net interest income as a percentage of average stockholders' equity and Earnings available for distribution as a percentage of average common stockholders' equity. Return on average equity is defined as our GAAP net income (loss) as a percentage of average equity. Average equity is defined as the average of our beginning and ending stockholders' equity balance for the period reported. Economic net interest income and Earnings available for distribution are non-GAAP measures as defined in previous sections.

71

 Return on Average EquityEconomic Net Interest Income/Average Equity Earnings available for distribution/Average Common Equity (Ratios have been annual