EARN
Asset Management · Financial Services
CFO
Chief Accounting Officer
Ellington Financial Inc. (EFC)Equibles does not estimate personal net worth.
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Get EARN alertsChristopher Smernoff is recorded as CFO at Ellington Credit Co (EARN) and Chief Accounting Officer at Ellington Financial Inc. (EFC). The newest filing on record that lists Christopher Smernoff as CFO at Ellington Credit Co (EARN) is dated May 5, 2026. The newest filing on record that lists Christopher Smernoff as Chief Accounting Officer at Ellington Financial Inc. (EFC) is dated April 9, 2026. The proxy statement of Ellington Financial Inc. reports total compensation of $677,935 for Christopher Smernoff in fiscal 2025, including a base salary of $223,000. Disclosed compensation is on record for 8 fiscal years. Christopher Smernoff has spoken on 7 earnings calls across 1 company, most recently for Ellington Credit Co on August 13, 2026. Ellington Credit Co is classified in the Asset Management industry within the Financial Services sector. Ellington Financial Inc. is classified in the REIT - Mortgage industry within the Real Estate sector. Other leadership on record at Ellington Credit Co includes Laurence E. Penn (CEO and Board Member), Robert B. Allardice (Chairman and Board Member), JR Herlihy (COO) and 5 others.
“For the quarter ended June 30, 2026, we reported GAAP net income of $0.33 per share and net investment income of $0.16 per share. Adjusted net investment income was $0.15 per share.”
“For the quarter ended March 31, 2026, which concluded our inaugural fiscal year as a CLO closed-end fund, we reported a gap net loss of $0.86 per share. As detailed on slide 6, the primary driver was market-market losses in CLO equity, while CLO mezzanine debt proved comparatively more resilient.”
“For the fourth calendar quarter, we reported a GAAP net loss of $0.56 per share. On Slide 6, you can see a breakout of portfolio net income by CLO subsector. Significant mark-to-market losses on CLO equity drove our net loss for the quarter, while CLO mezzanine debt held up better by comparison.”
“For the second quarter, we reported a GAAP net income of $0.27 per share and an adjusted net investment income of $0.18 per share. The weighted-average GAAP yield for the quarter on our CLO portfolio was 15.6%.”
“For the fourth quarter, we reported a net loss of $0.07 per share and adjusted distributable earnings of $0.27 per share. Our overall net interest margin remains strong at 5.07%, supported by our growing capital allocation to CLOs.”
Start not stated–present
Last confirmed May 5, 2026
Start not stated–present
Last confirmed April 9, 2026
EARN
Asset Management · Financial Services
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $223,000 | $677,935 |
| 2024 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $215,833 | $682,960 |
| 2023 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $226,575 | $623,872 |
| 2023 | Ellington Credit Co (EARN) | Chief Financial Officer | $43,425 | $121,081 |
| 2022 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $204,167 | $545,034 |
| 2022 | Ellington Credit Co (EARN) | Chief Financial Officer | $45,833 | $122,215 |
| 2021 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $202,292 | $539,604 |
| 2021 | Ellington Credit Co (EARN) | Chief Financial Officer | $47,708 | $128,192 |
| 2020 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $180,180 | $502,508 |
| 2020 | Ellington Credit Co (EARN) | Chief Financial Officer | $44,813 | $125,986 |
| 2019 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $181,868 | $476,109 |
| 2019 | Ellington Credit Co (EARN) | Chief Financial Officer | $43,133 | $113,158 |
| 2018 | Ellington Financial Inc. (EFC) | Chief Accounting Officer | $160,000 | $404,350 |
| 2018 | Ellington Credit Co (EARN) | Chief Financial Officer | $40,000 | $101,263 |