---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-002268"
form_type: "8-K"
ticker: "ORC"
cik: "0001518621"
company_name: "Orchid Island Capital, Inc."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:17:33.402423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Orchid Island Capital Q4 2024 net income $0.07/shr; book value $8.09, down $0.31

## Summary
- Q4 net income of $5.6M ($0.07/shr); full-year net income $37.8M ($0.57/shr) vs net loss of $39.2M in 2023.
- Book value per share $8.09 at Dec 31, 2024, decreased $0.31 during Q4; total return 0.60% for Q4.
- Net interest spread turned positive to 0.40% in Q4 (vs -0.19% in Q3) as borrowing costs fell.
- Total RMBS portfolio $5.25B, up 35% YoY; leverage ratio 7.5x; liquidity $353.6M (53% of equity).
- Monthly dividend maintained at $0.12/shr, payable Feb 27, 2025; full-year 2024 dividends $1.44/shr.

## SEC filing metadata
- accession: 0001437749-25-002268
- form_type: 8-K
- ticker: ORC
- cik: 0001518621
- company_name: Orchid Island Capital, Inc.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1518621/000143774925002268/0001437749-25-002268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1518621/000143774925002268/orc20241010_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-002268
- JSON: https://secwatch.observer/filing/0001437749-25-002268.json
- Plain text: https://secwatch.observer/filing/0001437749-25-002268.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.