Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) reported a GAAP net loss applicable to common stockholders of $3.9 million, or $0.11 per basic and diluted share, for the third quarter of 2026. Consolidated net loss was $1.5 million.
The company reported $5.2 million of earnings available for distribution attributable to common stockholders, a non-GAAP measure, and declared a quarterly common dividend of $0.10 per share.
- GAAP net loss applicable to common stockholders was $3.9 million, compared with net income applicable to common stockholders of $1.3 million in the prior quarter.
- Net interest income totaled $4.5 million and net servicing income totaled $7.5 million.
- Common book value was $2.73 per diluted share as of September 30, 2026.
- Unrestricted cash was $41.2 million and aggregate portfolio leverage was 5.19x at quarter-end.
- Cherry Hill previously announced a definitive merger agreement with TPG Mortgage Investment Trust, with an implied transaction value of $117.5 million.
