Ellington Financial Inc. (EFC)

Ellington Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	430.41	416.02	370.17	282.22	175.51	173.53
Total Interest Expense	288.09	250.51	235.57	74.5	39.67	91.04
Net Interest Income	142.32	165.5	134.6	207.72	135.84	82.5
Gain (Loss) on Sale of Investments	107.4	58.46	77.3	-581.26	-25.79	-31.74
Other Revenue	58.65	74.37	36.83	415.71	35.27	-7.43
Revenue Before Loan Losses	308.37	298.33	248.74	42.18	145.32	43.33
Revenue	308.37	298.33	248.74	42.18	145.32	43.33
Revenue Growth (YoY)	26.77%	19.94%	489.77%	-70.98%	235.41%	-51.12%
Salaries & Employee Benefits	71.03	68.73	78.43	21.09	6.71	3.78
Cost of Services Provided	41.75	36.21	42.78	23.43	34.5	16.51
Other Operating Expenses	27.47	27.37	29.27	9.5	7.92	7.05
Total Operating Expenses	140.25	132.31	150.49	54.02	49.13	27.34
Operating Income	168.13	166.02	98.25	-11.84	96.19	15.98
Earnings From Equity Investments	38.52	32.45	-0.86	-63.61	58.1	37.93
Currency Exchange Gain (Loss)	-	-	0.01	-0.02	-0.03	0.07
EBT Excluding Unusual Items	206.65	198.47	97.4	-75.47	154.27	53.99
Gain (Loss) on Sale of Investments	-53.25	-49.75	-37.22	-21.04	-13.25	-14.25
Other Unusual Items	-	-	28.18	7.93	-	-
Pretax Income	153.83	148.72	88.36	-88.59	142.73	39.75
Income Tax Expense	0.46	0.61	0.46	-17.72	3.14	11.38
Earnings From Continuing Ops.	153.38	148.1	87.9	-70.87	139.59	28.38
Minority Interest in Earnings	-2.4	-2.24	-3.81	0.82	-7.09	-3.37
Net Income	150.98	145.86	84.08	-70.05	132.49	25.01
Preferred Dividends & Other Adjustments	28.41	28.03	23.18	15.29	8.12	7.76
Net Income to Common	122.56	117.83	60.9	-85.34	124.38	17.25
Net Income Growth	105.08%	73.47%	-	-	429.80%	-56.83%
Shares Outstanding (Basic)	89	87	68	60	49	43
Shares Outstanding (Diluted)	90	88	69	61	49	44
Shares Change (YoY)	21.76%	26.97%	13.94%	23.16%	11.54%	34.52%
EPS (Basic)	1.38	1.36	0.89	-1.43	2.56	0.40
EPS (Diluted)	1.38	1.36	0.89	-1.43	2.56	0.39
EPS Growth	105.71%	52.03%	-	-	555.75%	-77.81%
Dividend Per Share	1.560	1.600	1.800	1.800	1.640	1.260
Dividend Growth	-12.36%	-11.11%	-	9.76%	30.16%	-10.00%
Operating Margin	54.52%	55.65%	39.50%	-28.08%	66.19%	36.89%
Profit Margin	39.75%	39.50%	24.48%	-202.34%	85.59%	39.80%
Effective Tax Rate	0.30%	0.41%	0.52%	-	2.20%	28.62%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q