Orchid Island Capital reports Q2 net income of $89.2M, expands buyback by 25M shares

Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

• high

  Net income of $89.2M ($0.44/share) vs. $33.6M loss in Q2 2025, driven by $60.0M net interest income and $36.0M in realized/unrealized gains on RMBS and derivatives; book value rose $0.14 to $7.22/share.

  Exhibit 99.1 view on EDGAR →
• high

  Declared and paid $0.30/share dividend for Q2 2026, down from $0.36/share in Q2 2025; combined with book value increase, produced 6.21% quarterly total return.

  Exhibit 99.1 view on EDGAR →
• medium

  Board authorized additional 25M shares for repurchase on June 22, bringing total authorization to 26.6M shares (13.3% of outstanding); repurchased 1.1M shares at $6.64 average in Q2.

  Exhibit 99.1 view on EDGAR →