---
schema_version: "secwatch.filing_event.v1"
accession: "0001275477-22-000003"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2022-03-10T23:59:59+00:00"
generated_at: "2026-06-26T23:50:44.670432+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Q4 2021 net loss of $0.6M; book value $3.08 per share

## Summary
- Net loss of $0.6M ($0.05/share) vs Q4 2020 net income of $12.1M ($1.04/share).
- Advisory services revenue rose 66% YoY to $3.0M from Orchid's capital growth.
- MBS portfolio had $0.9M mark-to-market loss; Orchid stock fair value dropped $1.0M.
- Book value per share increased to $3.08 from $2.97 a year ago.
- Orchid reduced monthly dividend to $0.055/share from $0.065 in Jan 2022.

## SEC filing metadata
- accession: 0001275477-22-000003
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2022-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000127547722000003/0001275477-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000127547722000003/bmnm8k20220310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275477-22-000003
- JSON: https://secwatch.observer/filing/0001275477-22-000003.json
- Plain text: https://secwatch.observer/filing/0001275477-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.