Tax

Tax Reconciliation - Tax Exempt Income

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.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 7, 2026

How to read this metric

A higher value indicates a greater benefit from tax-exempt income sources, improving net profitability.

Detailed definition

The tax effect of income that is exempt from taxation, expressed as a reconciliation item to the statutory tax rate. Thi...

Peer comparison

Standard component of the effective tax rate reconciliation table for companies with significant investment income.

Metric ID: ms_tax_reconciliation_tax_exempt_income

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range-41.4%23.3%
CAGR+42.9%
Avg YoY Growth-47.5%
Median YoY Growth-11.9%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cherry Hill Mortgage Investment's tax reconciliation - tax exempt income?
Cherry Hill Mortgage Investment (CHMI) reported tax reconciliation - tax exempt income of -41.4% in Q1 2026.
How has Cherry Hill Mortgage Investment's tax reconciliation - tax exempt income changed year-over-year?
Cherry Hill Mortgage Investment's tax reconciliation - tax exempt income decreased by 277.7% year-over-year, from 23.3% to -41.4%.
What is the long-term trend for Cherry Hill Mortgage Investment's tax reconciliation - tax exempt income?
Over 3 years (2021 to 2025), Cherry Hill Mortgage Investment's tax reconciliation - tax exempt income has grown at a -56.2% compound annual growth rate (CAGR), from -10.7% to -0.9%.
What does tax reconciliation - tax exempt income mean?
The reduction in tax expense resulting from income that is not subject to tax.