Ellington Financial Inc. (EFC) Q2 2026 Earnings Call Transcript

Ellington Financial Inc. ( EFC ) Q2 2026 Earnings Call August 7, 2026 11:00 AM EDT Company Participants Alaael-Deen Shilleh - Associate General Counsel & Secretary Laurence Penn - CEO, President & Director JR Herlihy - CFO & Treasurer Mark Tecotzky - Co-Chief Investment Officer Conference Call Participants Trevor Cranston - Citizens JMP Securities, LLC, Research Division Francesco Labetti - Keefe, Bruyette, & Woods, Inc., Research Division Douglas Harter - BTIG, LLC, Research Division Ameeta Lobo Nelson - UBS Investment Bank, Research Division Benjamin Graham - Piper Sandler & Co., Research Division Timothy D'Agostino - B. Riley Securities, Inc., Research Division Presentation Operator Good morning, ladies and gentlemen. Welcome to the Ellington Financial Second Quarter 2026 Earnings Call. Today's call is being recorded. Operator I will now turn the call over to Mr. Alaael-Deen Shilleh, Associate General Counsel and Secretary. Please go ahead, Mr. Shilleh. Alaael-Deen Shilleh Associate General Counsel & Secretary Thank you. Before we begin, I'd like to remind everyone that this conference call may include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical in nature and involve risks and uncertainties detailed in our annual and quarterly reports filed with the SEC. Actual results may differ materially from these statements, so they should not be considered to be predictions of future events. The company undertakes no obligation to update these forward-looking statements. Joining me today are Larry Penn, Chief Executive Officer of Ellington Financial; Mark Tecotzky, Co-Chief Investment Officer; and J.R. Herlihy, Chief Financial Officer. Our second quarter earnings conference call presentation is available on our website, ellingtonfinancial.com. Today's call will track that presentation and all statements and references to figures are qualified by the important notice and end notes in the presentation. With that, I'll hand it over to