UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2024
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
EJF Capital LLC
Address:
2107 Wilson Boulevard
Suite 410
Arlington, VA 22201
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Thomas Davison
Title:
General Counsel
Phone:
571-982-7314


Signature, Place, and Date of Signing:

/s/ Thomas Davison
                         [Signature]
Arlington, VIRGINIA
                 [City, State]
02-14-2025
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
90
Form 13F Information table Value Total:
145636564
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AMERANT BANCORP INCCL A0235761012,553,530113,946SHSOLE112,8531,093 0
AMERIS BANCORPCOM03076K108338,8175,415SHSOLE2,9522,463 0
AXOS FINANCIAL INCCOM05465C100697,6629,988SHSOLE5,3784,610 0
BANC OF CALIFORNIA INCCOM05990K1062,234,743144,550SHSOLE116,99027,560 0
BARCLAYS PLCADR06738E2042,279,235171,500SHSOLE171,500 0 0
BLUE RIDGE BANKSHARES INC VACOM0958251051,503,579466,950SHSOLE466,950 0 0
BRIDGEWATER BANCSHARES INCCOM1086211032,536,516187,751SHSOLE185,7791,972 0
BRIGHTSPHERE INVT GROUP INCCOM10948W1032,584,37598,116SHSOLE98,116 0 0
BROOKLINE BANCORP INC DELCOM11373M107790,12866,960SHSOLE63,6733,287 0
BURKE HERBERT FINL SVCS CORPCOM12135Y1083,751,45360,158SHSOLE56,4453,713 0
BXP INCCOM101121101297,4404,000SHSOLE4,000 0 0
CALIFORNIA BANCORPCOM84252A1062,902,968175,512SHSOLE158,07217,440 0
CANNAE HLDGS INCCOM13765N1073,252,850163,789SHSOLE163,789 0 0
CAPITAL ONE FINL CORPCOM14040H1053,102,59017,399SHSOLE14,9212,478 0
CARTER BANKSHARES INCCOM NEW1461031063,585,985203,865SHSOLE185,74518,120 0
CITIGROUP INCCOM NEW1729674242,451,96534,834SHSOLE34,834 0 0
COASTAL FINL CORP WACOM NEW19046P2091,711,78620,160SHSOLE14,1635,997 0
COCA COLA CONS INCCOM1910981021,474,1881,170SHSOLE1,170 0 0
COMERICA INCCOM2003401071,293,53120,914SHSOLE16,8174,097 0
CONNECTONE BANCORP INCCOM20786W107384,45316,781SHSOLE15,5171,264 0
COREBRIDGE FINL INCCOM21871X109748,25025,000SHSOLE25,000 0 0
DESIGNER BRANDS INCCL A250565108517,98097,000SHSOLE97,000 0 0
DIME CMNTY BANCSHARES INCCOM25432X1023,050,87999,264SHSOLE99,264 0 0
ELLINGTON FINANCIAL INCCOM28852N109181,80015,000SHSOLE15,000 0 0
ENCORE CAP GROUP INCCOM2925541021,996,49941,794SHSOLE41,794 0 0
ENERGY TRANSFER L PCOM UT LTD PTN29273V100195,90010,000SHSOLE10,000 0 0
ENTERPRISE FINL SVCS CORPCOM2937121052,385,15642,290SHSOLE38,4183,872 0
EOG RES INCCOM26875P101514,8364,200SHSOLE4,200 0 0
EQUITABLE HLDGS INCCOM29452E1011,439,39330,515SHSOLE30,515 0 0
EQUITY BANCSHARES INCCOM CL A29460X1091,060,50025,000SHSOLE25,000 0 0
F N B CORPCOM3025201011,243,16184,111SHSOLE84,111 0 0
FINANCIAL INSTNS INCCOM3175854043,375,527123,691SHSOLE123,691 0 0
FIRST BANCSHARES INC MISSCOM3189161033,440,57098,302SHSOLE94,0514,251 0
FIRST CTZNS BANCSHARES INC NCL A31946M1034,086,5811,934SHSOLE1,602332 0
FIRST FNDTN INCCOM32026V1041,075,361173,166SHSOLE173,166 0 0
FIRST HORIZON CORPORATIONCOM3205171055,861,787291,052SHSOLE264,13526,917 0
FIRST MERCHANTS CORPCOM320817109464,20011,637SHSOLE6,2805,357 0
FIRST UTD CORPCOM33741H1071,217,03236,103SHSOLE36,103 0 0
FIRSTSUN CAP BANCORPCOM33767U1072,193,41854,767SHSOLE54,767 0 0
FIVE STAR BANCORPCOM33830T1032,728,77290,687SHSOLE84,6166,071 0
FULTON FINL CORP PACOM360271100424,60322,023SHSOLE11,96210,061 0
GENWORTH FINL INCCOM SHS37247D1063,919,992560,800SHSOLE560,800 0 0
HERITAGE COMM CORPCOM4269271092,625,546279,909SHSOLE277,0222,887 0
HERITAGE FINL CORP WASHCOM42722X106367,20614,988SHSOLE13,3221,666 0
HILLTOP HOLDINGS INCCOM432748101612,68221,400SHSOLE21,400 0 0
HOMESTREET INCCOM43785V102565,70149,536SHSOLE49,536 0 0
HOMETRUST BANCSHARES INCCOM4378721043,390,532100,669SHSOLE94,3046,365 0
HORIZON BANCORP INCCOM4404071041,469,84491,238SHSOLE83,6807,558 0
LINKBANCORP INCCOM53578P105978,429130,806SHSOLE130,806 0 0
LYFT INCCL A COM55087P104129,00010,000SHSOLE10,000 0 0
METROPOLITAN BK HLDG CORPCOM591774104292,0005,000SHSOLE5,000 0 0
MIDWESTONE FINL GROUP INC NECOM5985111033,138,495107,778SHSOLE107,152626 0
NB BANCORP INCCOM63945M107805,87344,622SHSOLE24,43420,188 0
NORWOOD FINANCIAL CORPCOM6695491072,124,03078,075SHSOLE78,075 0 0
NVIDIA CORPORATIONCOM67066G104268,5802,000SHSOLE2,000 0 0
OCEANFIRST FINL CORPCOM675234108278,07015,363SHSOLE14,2081,155 0
OLD NATL BANCORP INDCOM6800331072,152,11699,153SHSOLE99,153 0 0
OLD SECOND BANCORP INC ILLCOM6802771002,182,851122,770SHSOLE105,95716,813 0
ONESPAN INCCOM68287N1002,307,210124,445SHSOLE124,445 0 0
OPPENHEIMER HLDGS INCCL A NON VTG6837971042,563,60040,000SHSOLE40,000 0 0
ORIGIN BANCORP INCCOM68621T102312,7939,396SHSOLE8,688708 0
PAMT CORPCOM693149106245,70015,000SHSOLE15,000 0 0
PACIFIC PREMIER BANCORPCOM69478X105980,00439,326SHSOLE34,3864,940 0
PEABODY ENERGY CORPCOM704551100314,10015,000SHSOLE15,000 0 0
PINNACLE FINL PARTNERS INCCOM72346Q104542,6664,744SHSOLE2,4922,252 0
POPULAR INCCOM NEW733174700870,6199,256SHSOLE5,0344,222 0
PREMIER FINANCIAL CORPCOM74052F1083,475,091135,905SHSOLE127,4308,475 0
PROLOGIS INC.COM74340W103211,4002,000SHSOLE2,000 0 0
PROVIDENT FINL SVCS INCCOM74386T1052,774,041147,008SHSOLE130,51416,494 0
RED ROCK RESORTS INCCL A75700L108497,31110,755SHSOLE10,755 0 0
RITHM CAPITAL CORPCOM NEW64828T2011,292,875119,379SHSOLE119,379 0 0
RLJ LODGING TRCOM74965L101102,10010,000SHSOLE10,000 0 0
SLM CORPCOM78442P1061,387,35750,303SHSOLE50,303 0 0
SOUTHERN STS BANCSHARES INCCOM843878307844,34225,348SHSOLE25,348 0 0
SPDR SER TRS&P REGL BKG78464A6983,431,07956,853SHSOLE 0 56,853 0
STEEL PARTNERS HLDGS L PLTD PRTRSHIP U85814R107852,90220,040SHSOLE20,040 0 0
STELLAR BANCORP INCCOM858927106283,98210,017SHSOLE9,0151,002 0
SURO CAPITAL CORPCOM NEW86887Q109427,54172,711SHSOLE72,711 0 0
SYNOVUS FINL CORPCOM NEW87161C501792,78415,475SHSOLE9,8645,611 0
THE ODP CORPCOM88337F105545,76024,000SHSOLE24,000 0 0
THIRD COAST BANCSHARES INCCOM88422P109514,00315,140SHSOLE8,2396,901 0
TRINITY CAP INCCOM896442308144,70010,000SHSOLE10,000 0 0
VALLEY NATL BANCORPCOM9197941075,346,804590,155SHSOLE586,0774,078 0
VERITEX HLDGS INCCOM9234511083,513,689129,370SHSOLE116,32213,048 0
WASHINGTON TR BANCORP INCCOM9406101082,751,62187,771SHSOLE87,771 0 0
WESBANCO INCCOM9508101012,372,62272,914SHSOLE72,914 0 0
WEST FRASER TIMBER CO LTDCOM952845105675,0907,800SHSOLE7,800 0 0
WESTERN ALLIANCE BANCORPCOM957638109508,3416,085SHSOLE3,2832,802 0
WESTERN NEW ENG BANCORP INCCOM958892101552,00060,000SHSOLE60,000 0 0
WINTRUST FINL CORPCOM97650W108971,4917,790SHSOLE4,2223,568 0