Highest-materiality recent filing
Bimini Capital Q2 net income $0.4M ($0.04/sh); advisory revenue up 79% on TJIM acquisition
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).
TJIM 2025 revenue $6.16M, net income $1.67M, members' equity $608K at Dec 31, 2025.
Robert E. Cauley elected Class II director: 4,126,106 for, 1,030,609 against, 7,589 abstentions, 2,266,224 broker non-votes.
Bimini Capital Q1 net income $0.8M ($0.08/sh); book value $1.34
Net income of $0.8M vs $0.6M in Q1 2025; EPS $0.08 vs $0.06.
Bimini Capital closes $12.3M acquisition of 80% of Tom Johnson Investment Management
Purchase price $12.32M; $12M cash at close, $0.32M deferred at 5% annual interest due in 1 year.
Bimini Capital reports Q4 2025 net income of $3.4M, book value $1.26; announces $2.5M buyback
Q4 2025 net income $3.4M ($0.34/diluted share); full year net income $5.8M ($0.58/share) vs net loss of $1.3M in 2024.
Bimini Capital to buy 80% of TJIM at 2.5x 80% of FY2025 revenue; ~$1.6B AUM
Purchase price = 2.5x 80% of TJIM FY2025 revenue; excess over $12M paid in three annual installments at 5% interest.
Bimini Capital extends poison pill to 2030, raises purchase price to $10.20 to protect NOLs
Rights plan expiration extended five years to December 21, 2030.
Bimini Capital Q3 net income $1.8M ($0.18/share); director Jaumot resigns, Griffith appointed
Q3 2025 net income $1.8M ($0.18/share) up from $0.3M ($0.03/share) YoY; advisory revenues rose 35% to $4.5M.
Bimini Capital reports Q2 net income of $43K; book value per share $0.74
Net income of $43K ($0.00 per share) for Q2; H1 net income of $0.6M ($0.06 per share).
Bimini Capital annual meeting reelects director Jaumot, ratifies BDO USA as auditor
Stockholders elected Frank E. Jaumot as Class I director with 3,456,607 For, 794,146 Against.
Bimini Capital Q1 net income $0.6M, EPS $0.06, BV/share $0.74
Net income of $0.6M ($0.06 EPS) vs $0.2M ($0.02 EPS) in Q1 2024.
Bimini Capital Q4 2024 net loss $1.5M, book value $0.68 per share
Net loss of $1.5M ($0.15/share) in Q4 2024; full-year net loss $1.3M ($0.13/share).
Bimini Capital reports Q3 2024 net income of $0.3M; book value per share $0.83
Net income of $0.3M ($0.03 EPS) vs net loss of $0.4M ($0.04 loss) in Q3 2023.
Bimini Capital Q2 2024 net loss $0.3M, book value $0.81/share
Net loss of $273,845 ($0.03 per share) for Q2 2024, vs net income of $285,507 in Q2 2023.
Shareholders elect Dwyer and Haas as Class III directors, ratify BDO USA as auditor
Robert J. Dwyer and George H. Haas, IV elected as Class III directors with ~4.05M votes each to serve until 2027.
Bimini Capital reports Q1 net income $0.2M; book value per share $0.83
Net income $0.2M ($0.02 diluted EPS) vs $1.0M ($0.10) in Q1 2023, down 79%.
Bimini Capital Q4 net loss $4.9M, EPS -$0.48; book value falls to $0.81
Net loss of $4.9M ($0.48/sh) in Q4 2023; full-year loss narrowed to $4.0M from $19.8M in 2022.
Bimini appoints CIO/CFO G. Hunter Haas IV to board of directors
G. Hunter Haas, IV appointed to board as Class III director, term expiring at 2024 Annual Meeting.
Bimini Capital reports Q3 net loss of $0.4M, EPS -$0.04; book value $1.30
Net loss of $0.4M ($0.04 per share) vs loss of $3.2M in Q3 2022; advisory revenue $3.6M (+9% YoY).
Bimini Capital Q2 2023 net income $0.3M vs loss of $1.2M year ago
Net income of $0.3M ($0.03 EPS) vs net loss $1.2M ($0.11 loss) in Q2 2022.
Robert E. Cauley elected Class III director with 4.38M for, 864K against, 2.47M broker non-votes.
Bimini Capital Q1 net income $1.0M ($0.10/sh); book value $1.31, up from $1.21
Net income $1.0M ($0.10 diluted EPS) vs net loss $3.5M ($0.33 loss) in Q1 2022.
Bimini Capital reports Q4 2022 net loss of $12.0M, or $1.17 per share
Net loss of $12.0M ($1.17 per share); advisory services revenue $3.3M, interest & dividend income $0.8M.
Bimini Capital reports Q3 net loss of $3.2M; book value drops to $2.38
Net loss of $3.2M ($0.31/share) vs. net income of $464k in Q3 2021.
Bimini Capital Q2 net loss $1.2M ($0.11/sh); book value $2.66; MBS portfolio return -19.2%
Net loss of $1.2M, or $0.11 per Class A share; advisory service revenue $3.3M.
Bimini Capital stockholders elect director and ratify auditor at annual meeting
Frank E. Jaumot elected Class I director with 4,428,041 for, 1,179,155 against, 71 abstain.
Bimini Capital posts Q1 net loss of $3.5M; BVPS falls to $2.77 from $3.08
Net loss of $3.5M ($0.33 diluted EPS); advisory service revenue $3.1M; combined MBS return on capital (22.6)%.
Bimini Capital Q4 2021 net loss of $0.6M; book value $3.08 per share
Net loss of $0.6M ($0.05/share) vs Q4 2020 net income of $12.1M ($1.04/share).
Bimini Capital internalizes repo funding & ops from AVM; hires Patrick Doyle
Third Amendment to Management Agreement with Orchid Island Capital effective Nov 16, 2021.
Bimini Capital Q3 net income $0.5M ($0.04/share), book value $3.13; advisory revenue up 56% YoY
Net income of $0.5M, or $0.04 per diluted share, vs $1.3M ($0.11/share) in Q3 2020.
Bimini Capital Management authorizes up to $2.5M share repurchase plan over 24 months
Board approved up to $2.5M repurchase of Class A Common Stock, replacing March 2018 plan.
Bimini Capital Q2 net loss $0.9M; book value $3.00; July tender offer repurchased 812,879 shares
Net loss of $0.9M ($0.08 diluted EPS) vs. net income of $3.5M ($0.30 EPS) in Q2 2020.
On January 11, 2024, the Board of Directors of Bimini Capital Management, Inc. (the “Company”) appointed G. Hunter Haas, IV to the Board of Directors.
Max materiality 0.80 · Median 0.60 · Most common event earnings