secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001437749-25-002268
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774925002268/0001437749-25-002268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774925002268/orc20241010_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002268

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