Ellington Financial reports Q3 2026 earnings with GAAP EPS of $0.31 and strong loan originations
Ellington Financial Inc. posted third‑quarter 2026 results, delivering GAAP diluted earnings of $0.31 per share and revenue of $117.7 million, up 42.3% year‑over‑year. Net income rose to $40.38 million, while net interest margin improved to 3.55%. The company added $150 million to its senior unsecured notes, raised $34 million via an ATM program, and completed a controlling‑interest acquisition of loan servicer State Bridge.
Why it matters
The earnings beat adjusted EPS expectations of $0.45, supporting the stock’s valuation and indicating resilience in a challenging mortgage REIT environment. The $150 million note add‑on and ATM raise increase financing capacity and liquidity for future investments.
Key facts
- 1GAAP diluted earnings per share were $0.31 for Q3 2026. tradingview.com
- 2Adjusted EPS of $0.45 met analysts’ estimates. finance.yahoo.com
- 3Revenue for the quarter was $117.7 million, up 42.3% year‑over‑year. finance.yahoo.com
- 4Net income was $40.38 million, a 36.9% increase from the prior year quarter. tradingview.com
- 5Net interest margin rose to 3.55% from 3.36% in the prior quarter. finance.yahoo.com
- 6The company issued a $150 million add‑on to its 7 ⅜% senior unsecured notes in September. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.