Orchid Island Capital Swings to Q3 2026 Net Loss of $178.9 Million From Year-Earlier Profit
Bitget2026/10/22 20:09- Orchid Island Capital swung to a third-quarter 2026 net loss of $178.9 million from year-earlier net income of $72.1 million.
- Net interest income totaled $59.1 million, while net realized and unrealized losses on RMBS and derivative instruments reached $231.7 million.
- Book value fell to $6.02 per share at September 30, while quarterly dividends totaled $0.30 per share.
- Hedge coverage rose to nearly 100% of funding; third-quarter share repurchases totaled 4,946,123.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indonesian Rupiah: External headwinds and MSCI risks – OCBC
Taiwan Dollar: Strong fundamentals but near-term pressure – Commerzbank
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.
Crypto prices
More
