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.

• In Q1 2024, Non Operating Interest Expenses rose 21.66% year-over-year to $51.4 million; the TTM figure through Mar 2024 stood at $211.1 million (up 108.42% YoY), while the FY2023 annual figure was $201.9 million, up 227.22% from the prior year.
• Non Operating Interest Expenses eased to $51.4 million in Q1 2024 per ORC's latest filing, from $52.3 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $58.7 million in Q3 2023 and bottomed at $1.6 million in Q2 2021.
• Historically, Non Operating Interest Expenses has averaged $20.4 million across 5 years, with a median of $8.2 million in 2022.
• Annual changes were most pronounced in 2020 — Non Operating Interest Expenses slumped 90.85% — and 2023, when it soared 1490.09%.
• Orchid Island Capital's Non Operating Interest Expenses stood at $2.0 million in 2020, then gained 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 fell by 1.84% to $51.4 million in 2024.
• Business Quant data shows ORC's Non Operating Interest Expenses at $51.4 million in Q1 2024, $52.3 million in Q4 2023, and $58.7 million in Q3 2023.