Orchid Island Capital Reports Q1 2026 Earnings with Net Loss and Portfolio Growth
Orchid Island Capital, Inc. reported a net loss of $0.11 per share in Q1 2026, driven by spread volatility from geopolitical tensions and Federal Reserve expectations. The company's portfolio grew to an average balance of $11 billion, with reduced G&A expenses and a defensive portfolio strategy. Management expects improved prepayment speeds and a stable interest rate environment.
Tickers: $ORC
Topics: earnings financial performance geopolitical risk interest rates mortgage-backed securities