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Servicing expense at other companies

Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$743K-27.9%
Annaly Capital Management logo
Annaly Capital ManagementNLY
$17.84M+22.4%
loanDepot logo
loanDepotLDI
$11.48M+14.8%
UWM Holdings logo
UWM HoldingsUWMC
$43.07M+41.5%
Midland States Bancorp logo
Midland States BancorpMSBI
$1.12M+48.8%
Eagle Financial Services logo
Eagle Financial ServicesEFSI
$269K+13.5%

Segments

By segment

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Longbridge Segment$6.05M+10.8%
Investment Portfolio Segment$1.75M+12.2%
Corporate Segment and Other Operating Segment$0

Other financials

Income statement

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Revenue$149.5M+29.0%
Net income$95.5M+202%
EPS (diluted)$0.58+441%

Balance sheet

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Cash & equivalents$191.5M-11.9%
Total debt$643.0M+155%
Total equity$1.9B+18.9%
Total assets$20.2B+21.6%

Cash flow

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Operating cash flow-$10.0M+92.1%
CapEx-$168.0K
Free cash flow-$10.1M+92.0%

Valuation

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Market cap$1.68B+35.6%
Enterprise value$2.13B+69.0%
P/E9.2×-1.7×
P/S3.2×+0.4×

Profitability

See full
Operating margin32.9%
Net margin34.6%+6.1pp
FCF margin-115.6%+364pp

Returns & leverage

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Return on equity10.3%+2.5pp
Debt / equity0.3×+0.2×

Where this comes from

Reported directly by Ellington Financial Inc. in its filing.

Tagged under the XBRL concept efc:OtherinvestmentrelatedexpensesServicingexpense.

The official record: Ellington Financial Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ellington Financial Inc.'s servicing expense?
Ellington Financial Inc. (EFC) reported servicing expense of $7.8M in Q1 2026.
How has Ellington Financial Inc.'s servicing expense changed year-over-year?
Ellington Financial Inc.'s servicing expense increased by 11.1% year-over-year, from $7.02M to $7.8M.
What is the long-term trend for Ellington Financial Inc.'s servicing expense?
Over 4 years (2021 to 2025), Ellington Financial Inc.'s servicing expense has grown at a 59.4% compound annual growth rate (CAGR), from $4.42M to $28.56M.
What does servicing expense mean?
Costs incurred for the administration, collection, and management of mortgage loans or other financial assets. This includes fees paid to third-party sub-servicers or internal costs associated with loan portfolio maintenance.