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Orchid Island Capital Announces First Quarter 2021 Results


Orchid Island Capital Announces First Quarter 2021 Results
By
Staff
4 mins ago
VERO 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 March 31, 2021.
First Quarter 2021 Highlights
Net interest income of $24.9 million, or $0.29 per common share
Total expenses of $3.5 million, or $0.04 per common share
Net realized and unrealized losses of $50.8 million, or $0.60 per common share, on RMBS and derivative instruments, including net interest expense on interest rate swaps
First quarter total dividends declared and paid of $0.195 per common share
Book value per common share of $4.94 at March 31, 2021 ....

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Bimini Capital Management Announces Fourth Quarter 2020 Results


Posted on
8382
Bimini Capital Management, Inc. (OTCBB:BMNM), (“Bimini Capital,” “Bimini,” or the “Company”) today announced results of operations for the three month period ended December 31, 2020.
Fourth Quarter 2020 Highlights
Income tax benefit of $10.7 million, or $0.92 per common share
Book value per share of $2.97
Company to discuss results on Friday, March 12, 2021, at 10:00 AM ET 
Management Commentary
Commenting on the fourth quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, “As we sit here today, it is very sobering when we reflect on how much has transpired between March of 2020 and March of 2021. The month that seemed like it would never end finally did, and there were many dark days in between, but we clearly seem to be emerging from this dark episode that none of us will ever forget. The immediate impact of the turmoil in the finan ....

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Orchid Island Capital Announces Fourth Quarter 2020 Results


Orchid Island Capital Announces Fourth Quarter 2020 Results
By
Staff
1 month ago
VERO 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 December 31, 2020.
Fourth Quarter 2020 Highlights
Net interest income of $23.9 million, or $0.34 per common share
Total expenses of $2.8 million, or $0.04 per common share
Net realized and unrealized losses of $4.6 million, or $0.07 per share, on RMBS and derivative instruments, including net interest expense on interest rate swaps
Fourth quarter and full year total dividends declared and paid of $0.195 and $0.79 per common share, respectively ....

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