BMNM
Bimini Capital Management, Inc.2.0000
-0.0700-3.38%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
20.14MP/E (TTM)
22.22Basic EPS (TTM)
0.09Dividend Yield
0%Recent Filings
8-K
8-K
Q3 profit surges on advisory growth
Bimini Capital Management reported Q3 2025 net income of $1.8 million, or $0.18 per share, up sharply from $0.3 million last year, fueled by 35% higher advisory fees from managing Orchid Island Capital's expanded $1.1 billion equity base and tighter mortgage spreads. Book value per share rose to $0.92. Meanwhile, director Frank Jaumot resigned on November 5 without disagreement; Ashley Griffith, a 25-year sales veteran in financial sectors, joined the board the next day. Favorable rates persist, yet government shutdown clouds economic data.
10-Q
Q2 FY2025 results
Bimini Capital Management swung to a $0.6 million net income for the six months ended June 30, 2025, up from a $0.1 million loss a year earlier, driven by advisory services revenue climbing 21% y/y to $7.4 million from managing Orchid Island Capital. Total revenues rose 21% y/y to $11.1 million, while net revenues increased 35% y/y to $7.6 million, reflecting stronger interest and dividend income of $3.7 million (up 21% y/y). The investment portfolio posted a $1.8 million operating loss before taxes, offset by $3.7 million profit from asset management, with consolidated diluted EPS of $0.06 aligning with 10.0 million weighted-average shares. Cash and equivalents stood at $5.3 million, with repurchase agreements down q/q to $101.7 million at 4.5% average rate and long-term debt steady at $27.4 million; free cash flow not disclosed in the 10-Q. No material M&A occurred. Yet Orchid's performance anchors advisory fees. Adverse interest rate movements remain a key risk.
8-K
Bimini posts slim Q2 profit
Bimini Capital Management reported Q2 2025 net income of $43 thousand, or $0.00 per share, bucking sector losses amid tariff-induced market turmoil. Advisory services surged 20% to $3.8 million from managing Orchid Island, offsetting a $1.3 million MBS segment loss after selling $9.8 million in assets. Book value held at $0.74 per share. Markets now calmer; portfolio growth resumes soon.
8-K
Annual meeting elects director
Bimini Capital Management elected Frank E. Jaumot as its Class I director at the June 10, 2025 annual meeting, with 3,456,607 votes for and 794,146 against, securing his board seat until 2028. Stockholders overwhelmingly ratified BDO USA, LLP as independent auditors for the year ending December 31, 2025, passing 7,196,995 to 37,594. No surprises here. This affirms steady governance amid routine operations.
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