Ellington Financial Inc. Longbridge Segment — Interest Expense, Operating and Nonoperating increased by 10.1% to $28.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 73.2%, from $16.61M to $28.78M. Over 3 years (FY 2022 to FY 2025), Longbridge Segment — Interest Expense, Operating and Nonoperating shows an upward trend with a 163.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher leverage or rising interest rates, which could compress net interest margins if not offset by higher asset yields.
The total cost of debt and financing incurred by the Longbridge segment to fund its operations and investment portfolio....
Standard interest expense line item found in the segment reporting of leveraged financial institutions.
efc_segment_longbridge_segment_interest_expense_operating_and_nonoperating| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.16M | $1.16M | $1.16M | $1.16M | $4.35M | $6.12M | $7.54M | $7.82M | $8.56M | $8.62M | $13.86M | $14.15M | $16.61M | $19.34M | $22.58M | $26.13M | $28.78M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +275.6% | +40.8% | +23.3% | +3.7% | +9.4% | +0.7% | +60.9% | +2.1% | +17.4% | +16.4% | +16.7% | +15.7% | +10.1% |
| YoY Change | — | — | — | — | +275.6% | +428.7% | +551.7% | +575.8% | +96.9% | +40.8% | +83.8% | +81.0% | +94.1% | +124.5% | +62.9% | +84.6% | +73.2% |