Ellington Financial presents 2.2x recourse leverage ratio to debt and preferred equity investors
EFC•Ellington Financial reported $2.03 billion in total equity and a 2.2x recourse leverage ratio in its investor presentation. Cash and unencumbered assets totaled $1.92 billion, while trailing 12-month return on equity reached 14.1%.
1. Investor presentation figures
Ellington Financial reported total equity of $2.03 billion and recourse leverage of 2.2x in its debt and preferred equity investor presentation. Cash and unencumbered assets totaled $1.92 billion, alongside more than $2 billion in trailing 12-month net cash flow. Long-term non-mark-to-market debt represented 25% of recourse debt and unsecured debt accounted for 17%; trailing 12-month return on equity was 14.1% in the third quarter of 2026, up from 13% in the second quarter of 2025. Total delinquencies fell to 5.6% of unpaid principal balance from 6.6% over the same period.
