
Ellington Financial Inc. (NYSE:EFC) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.63 as of July 31, 2026. This estimate includes the effect of the previously announced monthly

<p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EFC">EFC</a>) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.63 as of July 31, 2026. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on August 31, 2026 to holders of record on July 31, 2026, with the same ex-dividend date.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Estimated book value per common share is subject to change upon completion of our month-end and quarter-end valuation procedures relating to our investment positions, and any such change could be material. There can be no assurance that our estimated book value per common share as of July 31, 2026 is indicative of what our results are likely to be for the three- or nine- month period ending September 30, 2026 or in future periods, and we undertake no obligation to update or revise our estimated book value per common share prior to issuance of financial statements for such periods.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">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. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, 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 &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;continue,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;will,&#34; &#34;may,&#34; &#34;seek&#34; or similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on our beliefs, assumptions and expectations of our future operations, business strategies, performance, financial condition, liquidity and prospects, taking into account information currently available to us. These beliefs, assumptions, and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations and strategies may vary materially from those expressed or implied in our forward-looking statements. The following factors are examples of those that could cause actual results to vary from our forward-looking statements: changes in interest rates and the market value of our investments, market volatility, changes in mortgage default rates and prepayment rates, our ability to borrow to finance our assets, changes in government regulations affecting our business, our ability to maintain our exclusion from registration under the Investment Company Act of 1940, our ability to maintain our qualification as a real estate investment trust, or &#34;REIT,&#34; and other changes in market conditions and economic trends, such as changes to fiscal or monetary policy, heightened inflation, slower growth or recession, and currency fluctuations. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K, which can be accessed through our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=1&amp;md5=4ba9e9ee288191fdf028bf95b8a8edeb" shape="rect">www.ellingtonfinancial.com</a> or at the SEC&#39;s website (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=791c5245018e85571898d3955858f324" shape="rect">www.sec.gov</a>). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected or implied may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Ellington Financial</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=3&amp;md5=c270fdd74fd3dd23d2a18b4f1c77ff08" shape="rect">www.ellingtonfinancial.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260824156455r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260824156455/en/" rel="nofollow">https://www.businesswire.com/news/home/20260824156455/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(203) 409-3575
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ellingtonfinancial.com" shape="rect">info@ellingtonfinancial.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Or
<br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Amanda Shpiner/Grace Cartwright
<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.
<br xmlns="http://www.w3.org/1999/xhtml"></br>for Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ellington@gasthalter.com" shape="rect">ellington@gasthalter.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>

</p>

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2026

Ellington Financial reports July 31 BVPS of $13.63 with $0.13 monthly dividend

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Ellington Financial Inc. (NYSE:EFC) (&amp;#34;we&amp;#34;) today announced an estimated book value per share of common stock of $13.63 as of July 31, 2026. This estimate includes the effect of the previously announced monthly</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Ellington Financial announced an estimated book value per share of $13.63 as of July 31, 2026, including the $0.13 monthly dividend payable August 31 to holders of record July 31. The BVPS is contingent on month-end and quarter-end valuations and could change materially. The release underscores forward-looking statements and risks, notably interest-rate moves and market conditions affecting asset values and REIT status.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BVPS estimated at $13.63 for July 31, 2026. Dividend $0.13 due Aug 31.</li><li>Record date and ex-div date set for July 31, 2026.</li><li>BVPS subject to end-of-month/quarter-end valuation changes; outcomes could be material.</li><li>Forward-looking statements and risks highlighted; no guaranteed BVPS or results.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Ellington Financial (EFC)</strong>: Primary subject; BVPS update and dividend cadence directly affect valuation and income expectations.</li><li><strong>AGNC Investment Corp (AGNC)</strong>: Peer in mortgage REIT space; rate/valuation moves may influence EFC relative value.</li><li><strong>Annaly Capital Management (NLY)</strong>: Industry peer; broader mortgage-REIT rate/credit cycle dynamics could impact EFC’s multiples.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. BVPS updates and dividend announcements are standard corporate metrics that can influence REIT-like lenders’ valuations and income appeal, making this relevant for EFC’s equity risk/reward.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>BVPS at $13.63 anchors near-term price discussions around EFC.</li><li>August 31 dividend payment and July 31 record date may drive short-term options activity.</li><li>BVPS sensitivity to end-of-month/quarter-end asset valuations could trigger revisions.</li><li>Rates and mortgage-asset value fluctuations remain key price drivers for EFC peers.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BVPS per share: $13.63 as of July 31, 2026.</li><li>Monthly dividend: $0.13 per share; payment date August 31, 2026; record date July 31, 2026.</li><li>Ex-dividend date: July 31, 2026.</li><li>Forward-looking statements subject to risks; BVPS could change with valuations; no guaranteed guidance.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral-to-bullish near BVPS; potential upside if valuations stabilize and dividend remains intact in coming weeks.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EFC">EFC</a>) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.63 as of July 31, 2026. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on August 31, 2026 to holders of record on July 31, 2026, with the same ex-dividend date.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Estimated book value per common share is subject to change upon completion of our month-end and quarter-end valuation procedures relating to our investment positions, and any such change could be material. There can be no assurance that our estimated book value per common share as of July 31, 2026 is indicative of what our results are likely to be for the three- or nine- month period ending September 30, 2026 or in future periods, and we undertake no obligation to update or revise our estimated book value per common share prior to issuance of financial statements for such periods.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">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. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, 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 &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;continue,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;will,&#34; &#34;may,&#34; &#34;seek&#34; or similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on our beliefs, assumptions and expectations of our future operations, business strategies, performance, financial condition, liquidity and prospects, taking into account information currently available to us. These beliefs, assumptions, and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations and strategies may vary materially from those expressed or implied in our forward-looking statements. The following factors are examples of those that could cause actual results to vary from our forward-looking statements: changes in interest rates and the market value of our investments, market volatility, changes in mortgage default rates and prepayment rates, our ability to borrow to finance our assets, changes in government regulations affecting our business, our ability to maintain our exclusion from registration under the Investment Company Act of 1940, our ability to maintain our qualification as a real estate investment trust, or &#34;REIT,&#34; and other changes in market conditions and economic trends, such as changes to fiscal or monetary policy, heightened inflation, slower growth or recession, and currency fluctuations. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K, which can be accessed through our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=1&amp;md5=4ba9e9ee288191fdf028bf95b8a8edeb" shape="rect">www.ellingtonfinancial.com</a> or at the SEC&#39;s website (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=791c5245018e85571898d3955858f324" shape="rect">www.sec.gov</a>). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected or implied may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Ellington Financial</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54593920&amp;newsitemid=20260824156455&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=3&amp;md5=c270fdd74fd3dd23d2a18b4f1c77ff08" shape="rect">www.ellingtonfinancial.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260824156455r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260824156455/en/" rel="nofollow">https://www.businesswire.com/news/home/20260824156455/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(203) 409-3575
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ellingtonfinancial.com" shape="rect">info@ellingtonfinancial.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Or
<br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Amanda Shpiner/Grace Cartwright
<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.
<br xmlns="http://www.w3.org/1999/xhtml"></br>for Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ellington@gasthalter.com" shape="rect">ellington@gasthalter.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>

</p>

Ellington Financial announced an estimated book value per share of $13.63 as of July 31, 2026, including the $0.13 monthly dividend payable August 31 to holders of record July 31. The BVPS is contingent on month-end and quarter-end valuations and could change materially. The release underscores forward-looking statements and risks, notably interest-rate moves and market conditions affecting asset values and REIT status.

News insight

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2026

AI summary

Sentiment rationale

Key facts

Corporate Developments