---
schema_version: "secwatch.filing_event.v1"
accession: "0001275477-22-000019"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T00:40:32.474662+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Q2 net loss $1.2M ($0.11/sh); book value $2.66; MBS portfolio return -19.2%

## Summary
- Net loss of $1.2M, or $0.11 per Class A share; advisory service revenue $3.3M.
- Book value per share fell to $2.66 from $3.08 at Dec 31, 2021.
- Combined MBS portfolio return on invested capital was -19.2% for Q2; PT MBS return -35.0%.
- Agency MBS market conditions cited as detrimental; Royal Palm portfolio reduced by $16.1M.
- Orchid Island Capital common stock fair value adjustment loss of $1.0M; dividends $0.4M.

## SEC filing metadata
- accession: 0001275477-22-000019
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000127547722000019/0001275477-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000127547722000019/bmnm8k20220811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275477-22-000019
- JSON: https://secwatch.observer/filing/0001275477-22-000019.json
- Plain text: https://secwatch.observer/filing/0001275477-22-000019.txt

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