secwatch.observer — SEC 8-K summary
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Issuer:     BIMINI CAPITAL MANAGEMENT, INC. (BMNM)
CIK:        0001275477
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001275477-22-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275477/000127547722000019/0001275477-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275477/000127547722000019/bmnm8k20220811.htm
  HTML page:      https://secwatch.observer/filing/0001275477-22-000019

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