Chimera Investment Reports Q2 2025 Earnings and Acquisition

Chimera Investment ( (CIM) ) has released its Q2 earnings. Here is a breakdown of the information Chimera Investment presented to its investors.

Chimera Investment Corporation is a publicly traded real estate investment trust (REIT) that focuses on providing attractive risk-adjusted returns and distributable income through investments in residential mortgage credit assets. The company operates primarily in the real estate sector, investing in a diversified portfolio of mortgage assets, including residential mortgage loans, Non-Agency RMBS, Agency RMBS, and other real estate-related assets.

Chimera Investment Corporation recently reported its financial results for the second quarter of 2025, highlighting a GAAP net income of $0.17 per diluted common share and earnings available for distribution of $0.39 per diluted common share. The company also announced a definitive agreement to acquire HomeXpress Mortgage Corporation, a leading non-QM mortgage originator, as part of its strategy to diversify and strengthen its position in the residential mortgage REIT sector.

Key financial metrics from the second quarter include a GAAP book value of $20.91 per common share and an economic return of 0.5% for the quarter. The acquisition of HomeXpress is expected to enhance Chimera’s capabilities in the production of mortgage credit assets, complementing its existing strengths in acquisition, financing, and management. Additionally, the company’s portfolio diversification efforts through the addition of Agency RMBS and MSRs are in line with its strategic goals.

Chimera’s financial performance showed a net interest income of $66 million for the quarter, with a comprehensive income of $30.1 million before preferred stock dividends. The company’s total assets increased to $14.86 billion, up from $13.12 billion at the end of 2024, reflecting its ongoing growth and investment activities.

Looking ahead, Chimera’s management remains focused on executing its strategy to become a resilient hybrid residential mortgage REIT. The acquisition of HomeXpress and continued portfolio diversification are expected to contribute positively to the company’s future performance, aligning with its goal of delivering sustainable returns to shareholders.