{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-002833","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.468910+00:00","generated_at":"2026-06-06T11:00:04.155829+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orchid Island Capital Q4 2023 net income $27.1M ($0.52/share); book value $9.10","bullets":["Q4 net income $27.1M ($0.52/sh) vs $34.9M in Q4 2022; full year net loss $39.2M.","Book value $9.10 at Dec 31, up from $8.92 at Sep 30; total return 6.05% for Q4.","Portfolio reduced from $4.5B to $3.9B during Q4; leverage ratio 7.9:1.","Net interest spread improved to (0.44)% from (0.93)% in Q3; economic spread 2.35%.","January 2024 dividend declared $0.12/sh; 2023 dividends total $1.80/sh vs $2.475 in 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-002833","json":"https://secwatch.observer/filing/0001437749-24-002833.json","markdown":"https://secwatch.observer/filing/0001437749-24-002833.md","text":"https://secwatch.observer/filing/0001437749-24-002833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774924002833/0001437749-24-002833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774924002833/orc20231129_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T11:00:04.155829+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8826a76efdbbc88c5481d4df5ae64cd139d752dd","claim":"Orchid Island Capital, Inc. reported the year ended December 31, 2023 results: net income $39.2 million.","evidence_excerpt":"net loss of $39.2 million for the year ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518621/000143774924002833/0001437749-24-002833-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"$39.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e534f38a7c299ef0891c716ff4a33fa37059f4e2","claim":"Orchid Island Capital, Inc. reported the three month period ended December 31, 2023 results: net income $27.1 million, EPS $0.52 per common share.","evidence_excerpt":"Net income of $27.1 million , or $0.52 per common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518621/000143774924002833/0001437749-24-002833-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three month period ended December 31, 2023"},{"label":"Net income","value":"$27.1 million"},{"label":"EPS","value":"$0.52 per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}