OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the quarter ended June 30, 2025. Highlights Net asset value (NAV) per share was $6.12 as of June 30, 2025, which includes the effects of distributions of $0.24 per share for the quarter, as compared to NAV per share of $6.08 as of March 31, 2025. GAAP net income was $10.2 million, or $0.27 per share. Net investment income ("NII") was $6.5 million, or $0.17 per share. Adjusted
Related Questions
How does the $0.24 per share distribution affect the net asset value and future yield expectations?
Did the reported GAAP net income and net investment income meet or exceed consensus estimates, and what does that imply for the stock's valuation?
What is the composition and credit quality of the underlying loan portfolio, and are there any concerns about future defaults or impairments?