Market cap data unavailable. We couldn't positively verify this ticker's market cap is under $500M. Verify independently before trading.
Bimini Capital Management, Inc. operates as an asset management company within the United States, conducting its business through various subsidiaries. Its operations are divided into two primary segments: Asset Management and Investment Portfolio. The firm is responsible for administering daily business activities, investing in residential mortgage-backed securities (RMBS), and offering investment advisory services. Incorporated in 2003, the company was formerly known as Opteum Inc. before changing its name to Bimini Capital Management, Inc. in September 2007. Its main office is located in Vero Beach, Florida.
Bimini Capital Management Announces Second Quarter 2026 Results
Bimini Capital reported Q2 2026 net income of $0.4 million, or $0.04 per share, a significant increase from $0.04 million in the prior year period.
The results were bolstered by the April acquisition of Tom Johnson Investment Management (TJIM), which contributed $1.7 million in advisory revenue and grew assets under management to $1.7 billion.
Total advisory services revenue rose to $6.8 million, driven by TJIM and higher management fees from Orchid Island Capital, while book value per share increased to $1.38.