---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015631"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:25:44.326689+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Q1 net income $0.8M ($0.08/sh); book value $1.34

## Summary
- Net income of $0.8M vs $0.6M in Q1 2025; EPS $0.08 vs $0.06.
- Book value per share $1.34, up from $1.26 at Dec 31, 2025.
- Advisory service revenue $5.1M, up 9% from Q4 2025 and 43% from Q1 2024.
- Acquired 80% of Tom Johnson Investment Management on April 1, 2026; funded by liquidating most of MBS portfolio.
- Expenses $3.7M, up 27% YoY, including $0.6M in TJIM acquisition costs.

## SEC filing metadata
- accession: 0001437749-26-015631
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000143774926015631/0001437749-26-015631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000143774926015631/bcmi20260115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015631
- JSON: https://secwatch.observer/filing/0001437749-26-015631.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015631.txt

## Source-grounded claims
- claim_id: 30e910164215c3bc447405b657088f115240dc72
  claim: BIMINI CAPITAL MANAGEMENT, INC. reported the three-month period ended March 31, 2026 results: net income approximately $0.8 million , or $0.08 per common share, EPS $0.08 per common share.
  evidence_excerpt: “Bimini,” or the “Company”), today announced results of operations for the three-month period ended March 31, 2026 . First Quarter 2026 Highlights ● Net income of approximately $0.8 million , or $0.08 per common share, compared to net income of approximately $0.6 million , or $0.06 per common share, in the first quarter of 2025 ● Book value per share of $1.34 at
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275477/000143774926015631/0001437749-26-015631-index.htm

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