secwatch.observer — SEC 8-K summary
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Issuer:     BIMINI CAPITAL MANAGEMENT, INC. (BMNM)
CIK:        0001275477
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001275477-22-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275477/000127547722000003/0001275477-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275477/000127547722000003/bmnm8k20220310.htm
  HTML page:      https://secwatch.observer/filing/0001275477-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer