Ellington Financial Inc. reported first-quarter net income attributable to common stockholders of $95.5 million, or 78 cents per share, as strong reverse mortgage origination volumes and securitization activity boosted results.

The Old Greenwich, Connecticut-based mortgage REIT said adjusted distributable earnings totaled $66.5 million, or 55 cents per share, in the quarter ended March 31. Book value per common share rose to $13.56 from $13.16 at the end of 2025.

CEO Laurence Penn said the company generated “excellent results even as market volatility rose,” citing broad-based contributions across its investment portfolio and its reverse mortgage business, Longbridge Financial.

Penn said details ⇒

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