secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2026-07-23T20:18:40+00:00
Accession:  0001437749-26-024318
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital reports Q2 net income of $89.2M, EPS $0.44, book value $7.22
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- Net income $89.2M ($0.44/share) vs net loss $33.6M in Q2 2025.
- Net interest income $60.0M; realized/unrealized gains $36.0M on RMBS and derivatives.
- Book value per share $7.22, up $0.14 from Q1; total return 6.21% for the quarter.
- Dividend declared $0.30/share; liquidity $776M; adjusted leverage ratio 7.7x.
- Board authorized repurchase of up to 25M additional shares; 26.6M shares remain available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774926024318/0001437749-26-024318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774926024318/orc20260427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024318

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