Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 11

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 11
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590 81,386,680 81,326,944 59,736 Diluted82,600,108 82,394,218 205,890 82,564,708 82,301,992 262,716 Dividends declared per share of common stock$0.37 $0.37 $— $0.74 $0.68 $0.06 

(1) Includes interest income of consolidated VIEs of $141,818 and $144,402 for the quarters ended June 30, 2025 and March 31, 2025, respectively, and $286,220 and $290,943 for the six months ended June 30, 2025 and 2024, respectively. 

(2) Includes interest expense of consolidated VIEs of $73,038, and $69,651 for the quarters ended June 30, 2025 and March 31, 2025, respectively, and $142,690 and $142,815 for the six months ended June 30, 2025 and 2024, respectively. 

52

Results of Operations for the quarters Ended June 30, 2025 and March 31, 2025, and for the six months ended June 30, 2024 and June 30, 2024.

Our primary source of income is interest income earned on our assets, net of interest expense paid on our financing liabilities, and investment and asset management fees earned through our investment management and advisory business.

Quarter ended June 30, 2025 compared to the quarter ended March 31, 2025

For the quarter ended June 30, 2025, our net income available to common shareholders was $14 million, or $0.17 per average basic common share, as compared to a net income available to common shareholders of $146 million, or $1.79 per average basic common share for the quarter ended March 31, 2025. The decrease in net income available to common shareholders for the quarter ended June 30, 2025, as compared to the quarter ended March 31, 2025, was primarily driven by a decrease in unrealized gains on financial instruments at fair value of $122 million and an increase in net loss on derivatives of $13 million, partially offset by an increase in other investments gains of $3 million. During the quarter ended June 30, 2025, we