Chimera Investment Q2 Profit Decreases - Quick Facts

(RTTNews) - Chimera Investment Corp. (CIM) reported second-quarter net income of $105 million or $0.10 per share, compared to $143 million or $0.14 per share, prior year. GAAP book value was $3.35 per share, and economic book value was $3.09 per share, for the quarter.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.09 for the quarter. Analysts estimates typically exclude special items.

Net interest income increased to $113.64 million from $100.95 million. Total other gains was $7.01 million compared to $48.93 million, prior year.

The company declared a common stock dividend of $0.09 per share for the quarter ended June 30, 2014 and announced the continuation of a $0.09 dividend for the third and fourth quarter of 2014.