$Ellington Financial Inc.(EFC-B)$ reported strong financial results for the second quarter of 2025, with net income attributable to common stockholders amounting to $42.9 million, or $0.45 per share. This performance was bolstered by contributions from the company's diversified investment portfolio and loan origination platforms. The company also reported adjusted distributable earnings of $45.0 million, or $0.47 per share, surpassing the $0.39 per share in dividends declared. The investment portfolio generated $56.8 million, or $0.60 per share, while the credit strategy contributed $57.8 million, or $0.61 per share. The Agency strategy, however, reported a minor loss of $1.0 million, or $0.01 per share. Longbridge contributed $10.7 million, or $0.11 per share, to net income and $12.8 million, or $0.13 per share, to adjusted distributable earnings. During the quarter, Ellington Financial completed six securitization transactions, maintaining a relatively stable size of the investment portfolio. The company highlighted opportunistic purchases, particularly during the April selloff, and growth in certain loan portfolios, which were balanced by securitizations, tactical sales, and steady principal repayments from short-term loan portfolios. The company's book value per share increased to $13.49 from the previous quarter.