secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001437749-25-023429
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital Q2 net loss $33.6M, book value $7.21, total return -4.66%
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- Net loss $33.6M ($0.29/sh) vs net loss $5.0M a year ago; net interest income $23.2M ($0.20/sh).
- Book value fell $0.73 to $7.21/sh; total return (4.66)% including $0.36 dividend.
- Realized/unrealized losses of $51.7M on RMBS and derivatives; liquidity $492.5M.
- Adjusted leverage 7.3x; outstanding repo $6.7B at 4.48% weighted rate.
- Management cites tariff volatility hurt Agency RMBS, but returns remain attractive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774925023429/0001437749-25-023429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774925023429/orc20250426_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023429

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer