Ellington Financial Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting consolidated financial results for the three- and six-month periods ended on that date.

Key Highlights

  • Total assets reached $21.03 billion as of June 30, 2026, up from $19.35 billion at December 31, 2025, according to the filing.
  • Net income attributable to common stockholders was $54.403 million for the three-month period ended June 30, 2026, compared with $42.923 million for the same period in 2025.
  • Basic and diluted earnings per share were $0.43 for Q2 2026, versus $0.45 for Q2 2025, the filing reported.
  • Total net interest income for the six-month period ended June 30, 2026 was $133.540 million, compared with $86.600 million for the same period in 2025.
  • Common shares outstanding were 128,887,386 as of August 7, 2026, up from 113,138,860 at December 31, 2025.
  • Loans at fair value totaled $17.874 billion at June 30, 2026, compared with $16.641 billion at year-end 2025.
  • A litigation settlement income of $17.000 million was recorded in the six-month period ended June 30, 2026, with no comparable amount in the prior-year period.

Ellington Financial's Balance Sheet and Income Trends Through June 30, 2026

According to the filing, Ellington Financial Inc. (NYSE: EFC) reported total assets of $21.029 billion at June 30, 2026, an increase from $19.353 billion at December 31, 2025. The growth was driven in part by loans at fair value rising to $17.874 billion from $16.641 billion, and securities at fair value increasing to $1.231 billion from $1.035 billion. HMBS-related obligations, at fair value, also grew to $11.058 billion from $10.406 billion over the same period.

For the three-month period ended June 30, 2026, the company disclosed total net interest income of $72.286 million, compared with $43.343 million for the three-month period ended June 30, 2025. Interest income for the quarter was $170.837 million, while interest expense was $98.551 million. Total expenses for the quarter were $76.022 million, including compensation and benefits of $28.398 million and a base management fee to affiliate of $7.356 million (net of rebates of $132 thousand). Net income for the three-month period was $58.035 million, compared with $51.073 million in the prior-year quarter.

For the six-month period ended June 30, 2026, net income attributable to common stockholders was $149.870 million, or $1.21 per basic and diluted share, compared with $74.572 million, or $0.80 per share, for the same period in 2025. Total stockholders' equity stood at $1.966 billion at June 30, 2026, versus $1.834 billion at December 31, 2025. The filing also noted that preferred stock shares outstanding decreased to 9,200,089 from 13,800,089, with aggregate liquidation preference falling to $230.002 million from $345.002 million, reflecting redemptions. The filing noted issuance costs of redeemed preferred stock of $3.966 million in the six-month period.

What Was Disclosed

Ellington Financial filed its quarterly report covering the period ended June 30, 2026, disclosing balance sheet growth to $21.03 billion in total assets, increased net interest income, net income of $58.035 million for Q2 2026, and a $17.000 million litigation settlement income recorded in the first half of 2026.