Chimera Investment Corporation (NYSE:CIM) today announced its financial results for the fourth quarter ended December 31, 2019. The Company’s GAAP net income for the fourth quarter was $112 million or $0.60 per common share and net income was $341 million or $1.82 for the full year ended December 31, 2019. Core earnings(1) for the fourth quarter and full year ended December 31, 2019 was $120 million or $0.64 per common share and $421 million or $2.25 per common share respectively. Economic return on book value for the fourth quarter and full year was 1.7%(2) and 14.1%(2) respectively. [ABSTRACT FROM PUBLISHER]
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