Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.
Earnings for Orchid Island Capital, Inc. (ORC)
Earnings in 2023 (TTM): $-39,226,000
According to Orchid Island Capital, Inc.'s latest financial reports the company's current earnings (TTM) are $-39,226,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Orchid Island Capital, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-39,226,000 | $-39,226,000 |
| 2022 | $-258,453,000 | $-258,453,000 |
| 2021 | $-64,760,000 | $-64,760,000 |
| 2020 | $2.13 M | $2.13 M |
| 2019 | $24.27 M | $24.27 M |
| 2018 | $-44,387,000 | $-44,387,000 |
| 2017 | $2.01 M | $2.01 M |
| 2016 | $1.98 M | $1.98 M |
| 2015 | $1.07 M | $1.07 M |
| 2014 | $24.52 M | $24.52 M |
| 2013 | $-698,006 | $-698,006 |
| 2012 | $534.34 K | $534.34 K |
| 2011 | $ | $-1,190,214 |
| 2010 | $ | $-30,154 |