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8-K filed April 25, 2024, 7:59 PM ET ticker ORC CIK 0001518621

earnings confidence high sentiment positive materiality 0.70

Orchid Island Capital Q1 2024 net income $19.8M ($0.38/sh); book value $9.12

Orchid Island Capital, Inc.

Net income $19.8M ($0.38 per share) vs $3.5M in Q1 2023.
Dividends declared $0.36 per share; book value per share $9.12.
Net interest expense $2.5M; total expenses $3.7M.
Adjusted leverage ratio 7.7x; liquidity $215.7M (45% of equity).
Prepayment rate (CPR) 6.0% for Q1 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Orchid Island Capital, Inc. reported first quarter 2024 results: net income $19.8 million, EPS $0.38 per common share.

Period: first quarter 2024
Net income: $19.8 million
EPS: $0.38 per common share
Result: reported results

Exact text from the filing

First Quarter 2024 Results ● Net income of $19.8 million , or $0.38 per common share

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Orchid Island Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-013237

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