Orchid Island Capital (ORC) Non Operating Interest Expenses (2012 - 2024)

Orchid Island Capital (ORC) has reported Non Operating Interest Expenses for 13 consecutive years, with $51.4 million the latest figure, recorded in Q1 2024.

• Quarterly Non Operating Interest Expenses rose 21.66% year-over-year to $51.4 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $211.1 million (up 108.42% YoY) and the FY2023 annual result came in at $201.9 million, up 227.22% from the prior year.
• Non Operating Interest Expenses retreated to $51.4 million in Q1 2024 per ORC's latest filing, from $52.3 million in the prior quarter.
• Over the last five years, Non Operating Interest Expenses for ORC reached as high as $58.7 million in Q3 2023 and fell as low as $1.6 million in Q2 2021.
• A 5-year average of $20.4 million and a median of $8.2 million in 2022 frame the typical range for Non Operating Interest Expenses.
• Annual changes were most pronounced in 2020 — Non Operating Interest Expenses slumped 90.85% — and 2023, when it surged 1490.09%.
• Year by year, Non Operating Interest Expenses stood at $2.0 million in 2020, then grew by 0.6% to $2.0 million in 2021, then soared by 1358.82% to $29.5 million in 2022, then surged by 77.3% to $52.3 million in 2023, then slipped by 1.84% to $51.4 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $51.4 million, $52.3 million, and $58.7 million for Q1 2024, Q4 2023, and Q3 2023 respectively.