---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-024295"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:41:20.227861+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Q2 2024 net loss $0.3M, book value $0.81/share

## Summary
- Net loss of $273,845 ($0.03 per share) for Q2 2024, vs net income of $285,507 in Q2 2023.
- Advisory services revenue $3.2M, up 8% QoQ; interest and dividend income $1.5M.
- MBS portfolio $86.4M; repurchase obligations $82.9M at weighted average rate 5.47%.
- Net interest income after hedging $0.3M; mark-to-market losses of $0.3M on Orchid shares.
- Book value per share unchanged at $0.81; total stockholders' equity $8.1M.

## SEC filing metadata
- accession: 0001437749-24-024295
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000143774924024295/0001437749-24-024295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000143774924024295/bcmi20240611_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-024295
- JSON: https://secwatch.observer/filing/0001437749-24-024295.json
- Plain text: https://secwatch.observer/filing/0001437749-24-024295.txt

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