Ellington Financial Announces Estimated Book Value per Common Share as of June 30, 2022 – Form 8-K

Ellington Financial Announces Estimated Book Value per Common Share as of June 30, 2022

OLD GREENWICH, Conn., July 18, 2022—Ellington Financial Inc. (NYSE: EFC) (the “Company”) today announced its estimated book value per common share of $16.22 as of June 30, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per common share, payable on July 25, 2022 to holders of record on June 30, 2022, with an ex-dividend date of June 29, 2022.


The estimated book value per common share is subject to change upon completion of the Company’s month-end and quarter-end valuation procedures for its investment positions, and any such change could be material. There can be no assurance that the estimated book value per common share of the Company as of June 30, 2022 is indicative of what the results of the Company are likely to be for the three-month or six-month period ending June 30, 2022 or in the future. periods, and the Company undertakes no obligation to update or revise its estimated book value per common share prior to the issuance of the financial statements for such periods.

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. The Company’s actual results may differ from its beliefs, expectations, estimates and projections and, accordingly, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as “believe”, “expect”, “anticipate”, “estimate”, “project”, “plan”, “continue”, ” intend to”, “should”, “would”, “could”, “aim”, “aim”, “will”, “may”, “seek” or similar expressions or their negative forms, or by references to strategy, plans or intentions. Examples of forward-looking statements in this press release include statements regarding the company’s book value per common share. The Company’s results may fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond the Company’s control and/or are difficult to predict, including, without limited to, changes in interest rates and the market value of the Company’s investments, changes in mortgage default rates and prepayment rates, the Company’s ability to borrow to fund its assets , changes in government regulations affecting the business of the Company, the ability of the Company to maintain its exclusion from registration under the Investment Companies Act 1940, the ability of the Company to maintain its qualification as as a real estate investment trust, or “REIT”, and other changes in market conditions and economic trends, including changes resulting from the economic effects related to the pandemic of C OVID-19, and responses associated with the pandemic. In addition, forward-looking statements are subject to risks and uncertainties, including, among others, those described in Item 1A of the Company’s Annual Report on Form 10-K, accessible through the Company’s website at at www.ellingtonfinancial.com or on the SEC’s website (www.sec.gov). Additional risks, uncertainties and factors that could cause actual results to differ materially from those projected may be described from time to time in the Company’s filings with the SEC, including reports on Forms 10- Q, 10-K and 8-K. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This press release and the information it contains do not constitute an offer of securities or a solicitation of an offer to buy securities.

About Ellington Financial

Ellington Financial invests in a wide range of financial assets, including residential and commercial mortgages, residential and commercial mortgage-backed securities, consumer loans and consumer loan-backed asset-backed securities , secured loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, a subsidiary of Ellington Management Group, LLC

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