Ellington投资 2024年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2024OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number 001-34569 Ellington Financial Inc. (Exact Name of Registrant as Specified in Its Charter) 53 Forest AvenueOld Greenwich, Connecticut, 06870(Address of Principal Executive Offices) (Zip Code)(203) 698-1200(Registrant's Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct.Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the ExchangeAct. Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer,""smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large Accelerated Filer☒Accelerated Filer☐Non-Accelerated Filer☐Smaller Reporting Company☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ Table of Contents Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of theeffectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements ofthe registrant included in the filing reflect the correction of an error to previously issued financial statements.¨ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to§240.10D-1(b).¨ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐Nox As of the last business day of the Registrant's most recently completed second fiscal quarter, the aggregate market value ofthe Registrant's common shares held by non-affiliates was $988,312,987 based on the closing price as reported by the NewYork Stock Exchange on that date. Number of shares of the Registrant's common stock outstanding as of February 28, 2025: 90,678,492 DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant's definitive Proxy Statement with respect to its 2025 Annual Meeting of Stockholders to be filednot later than April 30, 2025 are incorporated by reference into Part III hereof as noted therein. ELLINGTON FINANCIAL INC.INDEX PART I1.Business1A.Risk Factors171B.Unresolved Staff Comments711C.Cybersecurity712.Properties743.Legal Proceedings754.Mine Safety Disclosures75PART II5.Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities766.[Reserved]777.Management's Discussion and Analysis of Financial Condition and Results of Operations787A.Quantitative and Qualitative Disclosures About Market Risk1158.Financial Statements and Supplementary Data1199.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure2159A.Controls and Procedures2159B.Other Information2159C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections215PART III10.Directors, Executive Officers and Corporate Governance21611.Executive Compensation21612.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters21613.Certain Relationships and Related Transactions, and Director Independence21614.Principal Accountant Fees and Services216PART IV15.Exhibi