Cherry Hill Mortgage Investment Tax Reconciliation - Tax Exempt Income decreased by 81.6% to -41.4% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 277.7%, from 23.3% to -41.4%. Over 3 years (FY 2021 to FY 2025), Tax Reconciliation - Tax Exempt Income shows an upward trend with a -56.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
A higher value indicates a greater benefit from tax-exempt income sources, improving net profitability.
The tax effect of income that is exempt from taxation, expressed as a reconciliation item to the statutory tax rate. Thi...
Standard component of the effective tax rate reconciliation table for companies with significant investment income.
ms_tax_reconciliation_tax_exempt_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -8.3% | -13.8% | 19.8% | -10.5% | -29.9% | -18.2% | 16.9% | 18.2% | -2.6% | 14.3% | 16% | -20.6% | 23.1% | -20.4% | 23.3% | -16.9% | 15.5% | -22.8% | -41.4% |
| QoQ Change | — | -66.3% | +243.5% | -153.0% | -184.8% | +39.1% | +192.9% | +7.7% | -114.3% | +650.0% | +11.9% | -228.8% | +212.1% | -188.3% | +214.2% | -172.5% | +191.7% | -247.1% | -81.6% |
| YoY Change | — | — | — | — | -260.2% | -31.9% | -14.6% | +273.3% | +91.3% | +178.6% | -12.1% | -692.3% | +61.5% | — | +45.6% | +18.0% | -32.9% | -11.8% | -277.7% |