Orchid Island Capital (ORC) Tops Q1 EPS by 10c
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Orchid Island Capital Announces First Quarter 2025 Results
April 24, 2025 4:05 PM EDTVERO BEACH, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- 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 March 31, 2025.
First Quarter 2025 Results
Net income of $17.1 million, or $0.18 per common share, which consists of:Net interest income of $19.7 million, or $0.21 per common shareTotal expenses of $4.2 million, or $0.04 per common shareNet realized and unrealized gains of $1.6 million, or $0.02 per common share, on RMBS and derivative instruments, including net interest income on interest... More