---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032802"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:18:52.933756+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital reports Q3 2024 net income of $0.3M; book value per share $0.83

## Summary
- Net income of $0.3M ($0.03 EPS) vs net loss of $0.4M ($0.04 loss) in Q3 2023.
- Advisory service revenue $3.3M from managing Orchid Island Capital, up 4% QoQ.
- Book value per share $0.83, up from $0.81 at Dec 31, 2023; equity $8.3M.
- MBS portfolio $118.4M; net interest income $0.3M; combined portfolio return 6.2%.
- CEO cites Fed 50 bp rate cut; cautions economic resilience may limit near-term capital raises.

## SEC filing metadata
- accession: 0001437749-24-032802
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000143774924032802/0001437749-24-032802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000143774924032802/bcmi20240905_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032802
- JSON: https://secwatch.observer/filing/0001437749-24-032802.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032802.txt

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