Ellington Financial Inc. (EFC) SEC Filings, Oct-Nov 2025

Ellington Financial Inc. reports solid growth for the quarter ended September 30, 2025. Total assets rose to $17.8 billion from $16.3 billion, driven mainly by loans at fair value, which increased to $15.5 billion. HMBS-related obligations grew to $10.1 billion, reflecting expansion in the reverse mortgage business.

Quarterly net interest income improved to $49.7 million from $33.6 million a year earlier. Net income attributable to common stockholders increased to $29.5 million, or $0.29 per share, compared with $16.2 million, or $0.19 per share. For the first nine months of 2025, net income attributable to common stockholders was $104.1 million versus $95.4 million in 2024. Operating cash flow was negative, while financing activities provided significant cash as the company issued common stock and added secured borrowings. Common shares outstanding reached 106.1 million as of September 30, 2025.

Ellington Financial Inc. furnished an 8-K announcing it issued a press release with financial results for the quarter ended September 30, 2025. The information is furnished under Item 2.02 and incorporated by reference into Item 7.01 pursuant to Regulation FD, and is not deemed “filed” for purposes of the Exchange Act. The press release is provided as Exhibit 99.1, with the cover page interactive data file included as Exhibit 104.

Ellington Financial Inc. (EFC) furnished an Item 7.01 update announcing its estimated book value per share of common stock as of September 30, 2025. The company disclosed this information via a press release, which is attached as Exhibit 99.1.

Consistent with Regulation FD, the information in Item 7.01 is being furnished and is not deemed “filed” for purposes of Section 18 of the Exchange Act. The filing also lists the company’s NYSE‑traded securities, including common stock and multiple series of preferred stock.

Ellington Financial Inc. announced that its Board declared a monthly dividend of $0.13 per share of common stock. The dividend is payable on Nov 28, 2025 to shareholders of record as of Oct 31, 2025. The company filed a press release dated Oct 7, 2025 as Exhibit 99.1 and incorporated the dividend information by reference into this Current Report.

Ellington Financial Inc. (EFC) and certain subsidiaries issued $400.0M of 7.375% unsecured senior notes due September 30, 2030 in a private offering on October 6, 2025. The notes were sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and are subject to customary transfer restrictions.

The notes are senior unsecured obligations of the issuers and are fully guaranteed by the parent company. Interest is payable semi-annually on March 31 and September 30, beginning March 31, 2026. Proceeds are expected to be used for general corporate purposes, including repaying part of outstanding repurchase agreement borrowings and funding asset purchases aligned with the company’s investment strategy.

The indenture includes customary covenants that limit additional indebtedness and require maintaining a ratio of Consolidated Unencumbered Assets to Unsecured Indebtedness of at least 1.20 to 1.0. The notes are effectively subordinated to secured debt and structurally subordinated to liabilities of non‑guarantor subsidiaries. Full indenture and note forms are filed as exhibits.

Edward Resendez, a director of Ellington Financial Inc. (EFC), reported a 2,500-share disposition of Common Stock on 09/10/2025 and the receipt of 9,198 OP LTIP Units on the same date. The OP LTIP Units are a separate non-voting class of interests in Ellington Financial Operating Partnership LLC and remain forfeitable until 09/09/2026 while Resendez continues board service. Each OP LTIP Unit converts on a one-for-one basis into Common Units, which, subject to conditions, are redeemable for an equivalent number of the company’s common shares or for cash at the company’s election. The units were issued under the company’s 2017 Equity Incentive Plan. Following the transactions, the filing shows 66,367 Common Units beneficially owned.

Ronald I. Simon, a director of Ellington Financial Inc. (EFC), reported two transactions in September 2025. On September 10, 2025 he was issued 9,198 common shares under the companys 2017 Equity Incentive Plan at a $0 grant price; those shares remain forfeitable until September 9, 2026. On September 11, 2025 he purchased 5,544 common shares at $13.5599 per share, held in his personal broker retirement account. After these transactions the report lists 80,000 shares beneficially owned, primarily held indirectly in the Simon Family Trust, of which Dr. Simon is a trustee and for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Lisa Mumford, a director of Ellington Financial Inc. (EFC), reported on Form 4 that she was granted 9,198 Common Shares on 09/10/2025 at a stated price of $0. Those Common Shares remain forfeitable and subject to continued board service until September 9, 2026. After the grant, Ms. Mumford beneficially owns 81,116 Common Shares. She also holds 7,657 OP LTIP Units of the company’s operating partnership, which convert one-for-one into Common Units and can be redeemed for Common Shares or cash under defined conditions. The awards were issued under the company’s 2017 Equity Incentive Plan.

Stephen J. Dannhauser, a director of Ellington Financial Inc. (EFC), was granted 9,198 non-voting OP LTIP Units on 09/10/2025. These units are forfeitable and vest subject to his continued board service until September 9, 2026. Upon vesting they may convert one-for-one into Common Units of the companys operating partnership, which, under certain conditions, are redeemable for an equivalent number of the companys common shares or the cash value of those shares at the company's election. The award was issued under the 2017 Equity Incentive Plan. Following the reported transaction, the filing shows 35,498 Common Units beneficially owned. The Form 4 was signed on behalf of Mr. Dannhauser on 10/02/2025.