Orchid Island Capital (ORC) Tops Q3 EPS by 22c
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Orchid Island Capital Announces Third Quarter 2020 Results
October 29, 2020 4:05 PM EDTVERO BEACH, Fla.--(BUSINESS WIRE)-- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2020.
Third Quarter 2020 Highlights
Net income of $28.1 million, or $0.42 per common share, which consists of: Net interest income of $25.2 million, or $0.37 per common share Total expenses of $2.8 million, or $0.04 per common share Net realized and unrealized gains of $5.7 million, or $0.09 per share, on RMBS and derivative instruments,... More