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Complete financial analysis of Chimera Investment Corporation (CIM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Chimera Investment Corporation, a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Chimera Investment Corporation (CIM)
About Chimera Investment Corporation
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 226.02M | 432.79M | 1.06B | 228.84M | 490.79M | 452.74M | 629.19M | 614.34M | 324.69M | 574.91M | 396.79M | 386.94M | 0.00 | 562.88M | 100.77M | 44.72M | 3.49M |
| Cost of Revenue | 32.62M | 52.15M | 66.41M | 52.53M | 47.22M | 49.11M | 62.96M | 48.60M | 51.22M | 10.00M | 2.65M | 0.00 | 0.00 | 37.18M | 9.85M | 0.00 | 0.00 |
| Gross Profit | 193.40M | 380.64M | 990.62M | 176.30M | 443.57M | 403.63M | 566.22M | 565.74M | 273.47M | 564.91M | 394.14M | 386.94M | 0.00 | 525.70M | 90.92M | 44.72M | 3.49M |
| Gross Profit Ratio | 85.57% | 87.95% | 93.72% | 77.04% | 90.38% | 89.15% | 89.99% | 92.09% | 84.23% | 98.26% | 99.33% | 100.00% | 0.00% | 93.40% | 90.23% | 100.00% | 100.00% |
| Research & Development | 0.00 | -0.74 | 0.69 | 0.13 | 0.42 | 0.32 | 0.47 | 0.59 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 25.12M | 72.03M | 69.07M | 70.16M | 75.44M | 59.05M | 47.86M | 44.42M | 42.18M | 31.81M | 16.73M | 13.99M | 59.24M | 46.94M | 29.77M | 14.03M | 605.00K |
| Selling & Marketing | 30.57M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -20.01M | -8.43M | 0.00 |
| SG&A | 55.69M | 72.03M | 69.07M | 70.16M | 75.44M | 59.05M | 47.86M | 44.42M | 42.18M | 31.81M | 16.73M | 13.99M | 59.24M | 46.94M | 9.75M | 5.60M | 605.00K |
| Other Expenses | 0.00 | -810.41M | -451.58M | -209.98M | -152.48M | 753.95M | 526.14M | 385.58M | 367.21M | 23.78M | 72.31M | 156.49M | 5.29M | 2.69M | 3.10M | 0.00 | 5.40M |
| Operating Expenses | 204.77M | 22.65M | -382.51M | -139.82M | -77.05M | 813.00M | 574.00M | 430.00M | 434.00M | 387.00M | 115.00M | 220.00M | 64.53M | 49.63M | 11.45M | 14.03M | -5.37M |
| Cost & Expenses | 88.31M | 22.65M | -382.51M | -139.82M | -77.05M | 813.00M | 574.00M | 430.00M | 434.00M | 387.00M | 115.00M | 220.00M | 64.53M | 86.80M | 21.29M | 14.03M | -5.37M |
| Interest Income | 772.90M | 773.12M | 937.55M | 1.03B | 1.36B | 1.27B | 1.14B | 934.07M | 872.74M | 687.80M | 511.78M | 589.44M | 134.86M | 115.06M | 35.08M | 60.54M | 0.00 |
| Interest Expense | 509.54M | 333.29M | 326.63M | 516.18M | 758.81M | 679.11M | 532.75M | 347.86M | 259.37M | 147.79M | 102.00M | 126.56M | 134.86M | 115.06M | 35.08M | 60.54M | 0.00 |
| Depreciation & Amortization | 0.00 | 869.60M | -301.84M | 32.53M | -180.77M | 202.69M | -48.56M | -16.63M | -363.76M | -521.16M | -362.69M | -327.77M | 337.32M | 735.47M | -49.25M | -45.23M | -98.00K |
| EBITDA | 0.00 | -191.80M | 674.52M | 89.01M | 413.74M | 1.09B | 1.06B | 899.88M | 509.72M | 736.99M | 464.69M | 258.81M | 629.90M | 685.84M | 284.73M | -119.80M | -2.58M |
| EBITDA Ratio | 0.00% | -44.32% | 63.81% | 38.90% | 84.30% | 240.94% | 168.08% | 146.48% | 156.99% | 128.19% | 117.11% | 117.42% | 0.00% | 121.85% | 307.47% | -132.51% | -85.88% |
| Operating Income | 631.87M | -253.29M | 674.52M | 89.01M | 413.74M | 1.09B | 1.06B | 899.88M | 509.72M | 736.99M | 464.69M | 454.33M | -64.53M | -49.63M | -32.87M | -14.03M | 8.87M |
| Operating Income Ratio | 279.56% | -58.52% | 63.81% | 38.90% | 84.30% | 240.94% | 168.08% | 146.48% | 156.99% | 128.19% | 117.11% | 117.42% | 0.00% | -8.82% | -32.62% | -31.37% | 253.87% |
| Total Other Income/Expenses | -505.67M | -336.19M | -313.41M | -533.45M | -361.34M | 16.77M | -629.88M | 16.48M | -113.41M | 68.05M | 0.00 | 0.00 | -491.96M | -278.29M | 16.00M | -89.94M | -11.77M |
| Income Before Tax | 126.21M | -513.32M | 674.52M | 89.01M | 413.74M | 411.73M | 524.78M | 552.03M | 250.35M | 589.21M | 362.69M | 327.77M | 137.94M | 533.61M | 95.47M | -119.80M | -2.90M |
| Income Before Tax Ratio | 55.84% | -118.61% | 63.81% | 38.90% | 84.30% | 90.94% | 83.41% | 89.86% | 77.10% | 102.49% | 91.41% | 84.71% | 0.00% | 94.80% | 94.74% | -267.91% | -83.08% |
| Income Tax Expense | 102.00K | -253.00K | 4.41M | 158.00K | 193.00K | 91.00K | 108.00K | 83.00K | 1.00K | 2.00K | 2.00K | 1.00K | 606.00K | 756.00K | 1.00K | 12.00K | 5.00K |
| Net Income | 126.10M | -513.07M | 670.11M | 88.85M | 413.55M | 411.64M | 524.67M | 551.94M | 250.35M | 589.21M | 362.69M | 327.77M | 137.33M | 532.85M | 95.47M | -119.81M | -2.91M |
| Net Income Ratio | 55.79% | -118.55% | 63.40% | 38.83% | 84.26% | 90.92% | 83.39% | 89.84% | 77.10% | 102.49% | 91.41% | 84.71% | 0.00% | 94.67% | 94.74% | -267.94% | -83.22% |
| EPS | 0.68 | -2.19 | 2.55 | 0.42 | 1.82 | 2.20 | 2.62 | 2.93 | 1.25 | 2.87 | 1.77 | 1.60 | 0.67 | 3.24 | 0.94 | -9.49 | -0.39 |
| EPS Diluted | 0.68 | -2.19 | 2.43 | 0.39 | 1.81 | 2.19 | 2.61 | 2.92 | 1.25 | 2.87 | 1.76 | 1.60 | 0.67 | 3.24 | 0.94 | -9.49 | -0.39 |
| Weighted Avg Shares Out | 76.69M | 233.94M | 233.77M | 213.00M | 187.16M | 187.15M | 187.78M | 187.73M | 199.56M | 205.45M | 205.42M | 205.37M | 205.27M | 164.34M | 101.19M | 12.63M | 7.48M |
| Weighted Avg Shares Out (Dil) | 77.54M | 233.94M | 245.50M | 226.44M | 188.41M | 187.75M | 188.29M | 188.02M | 199.65M | 205.51M | 205.51M | 205.50M | 205.43M | 164.52M | 101.41M | 12.63M | 7.48M |
Preferred Stock Of Chimera Is Reasonably Valued, Despite Its Outsized Return
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NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) (the “Company” or “Chimera”) announced today that Cynthia B. Walsh has been elected to the Company's Board of Directors as a Class III Director, effective December 1, 2024. Ms. Walsh has over 37 years...
Chimera Investment Corporation (CIM) Q3 2024 Earnings Call Transcript
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Chimera Investment (CIM) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.39 per share a year ago.
Chimera Declares Fourth Quarter 2024 Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable December 30, 2024 to preferred shareholders of...
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NEW YORK--(BUSINESS WIRE)--Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the third quarter ended September 30, 2024. Financial Highlights(1): 3RD QUARTER GAAP NET INCOME OF $1.39 PER DILUTED COMMON SHARE 3RD QUARTER EARNINGS AVAILABLE FOR DISTRIBUTION(2) OF $0.36...
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