earnings
confidence high
sentiment neutral
materiality 0.70
Bimini Capital Q2 net income $0.4M ($0.04/sh); advisory revenue up 79% on TJIM acquisition
BIMINI CAPITAL MANAGEMENT, INC.
- Net income $0.4M ($0.04/sh) in Q2 2026 vs $0.04M ($0.00/sh) in Q2 2025; H1 net income $1.2M ($0.12/sh).
- Advisory services revenue $6.8M in Q2 2026, up from $3.8M in Q2 2025, driven by TJIM acquisition and higher Orchid management fees.
- TJIM contributed $1.7M advisory revenue in Q2 2026; acquisition of 80% stake closed April 1, 2026.
- Book value per share $1.38 at June 30, 2026, up from $1.34 at March 31, 2026.
- MBS portfolio reduced to $16M from $89M at Dec 2025 to fund TJIM acquisition; interest income declined.