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  <schemaVersion>X0202</schemaVersion>
  <headerData>
    <submissionType>13F-HR/A</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <credentials>
          <cik>0001353254</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2024</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2024</reportCalendarOrQuarter>
      <isAmendment>true</isAmendment>
      <amendmentNo>1</amendmentNo>
      <amendmentInfo>
        <amendmentType>RESTATEMENT</amendmentType>
      </amendmentInfo>
      <filingManager>
        <name>EJF Capital LLC</name>
        <address>
          <com:street1>2107 WILSON BOULEVARD</com:street1>
          <com:street2>SUITE 410</com:street2>
          <com:city>ARLINGTON</com:city>
          <com:stateOrCountry>VA</com:stateOrCountry>
          <com:zipCode>22201</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-11792</form13FFileNumber>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>This Amendment No. 1 to Form 13F is being filed solely to correct the value in the Form 13F Information Table Entry Total.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>Thomas Davison</name>
      <title>General Counsel</title>
      <phone>571.982.7314</phone>
      <signature>/s/ Thomas Davison</signature>
      <city>Arlington</city>
      <stateOrCountry>VA</stateOrCountry>
      <signatureDate>05-15-2024</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
      <tableEntryTotal>94</tableEntryTotal>
      <tableValueTotal>143889235</tableValueTotal>
    </summaryPage>
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