BIMINI CAPITAL MANAGEMENT, INC. (BMNM) Form 8-K — Aug 6, 2026
Bimini Capital Management reported second quarter 2026 net income of $0.4 million, or $0.04 per common share, up from $0.04 million ($0.00 per share) a year ago. Six-month net income rose to $1.2 million, or $0.12 per share, versus $0.6 million in the prior-year period, and book value per share climbed to $1.38 from $1.34 at March 31, 2026. Advisory services revenue jumped to $6.8 million in the quarter from $3.8 million a year ago, boosted by the April 1, 2026 acquisition of 80% of Tom Johnson Investment Management (TJIM), which manages $1.7 billion and contributed $1.7 million of fees.
Key figures
- Eps
- 0.04
- Revenue
- 6584779
- Net Income
- 374057
- Total Debt
- $27.3M long-term debt plus $15.0M repurchase agreements
- Debt Amount
- 15033000
- Total Assets
- 64366154
- Cash Position
- 6616809
- Interest Rate
- 3.76
- Shares Outstanding
- 9990256
- Tjim AUM
- $1.7 billion
- Liquidity
- 7600000
- Orchid Q2 Return
- 6.21% unannualized
- Book Value Per Share
- 1.38
- Effective Duration
- 3.495
- Eps Six Months 2026
- 0.12
- Stockholders Equity
- 13757726
- Tjim Advisory Fees Q2
- $1.7 million
- Income Tax Provision Q2
- 1308273
- Mbs Portfolio Fair Value
- 15985000
- Advisory Revenue Q2 2025
- 3810846
- Advisory Revenue Q2 2026
- 6805845
- Mbs Portfolio Prior Year End
- 88929000
- Orchid Average Equity Increase
- $77.5 million
- Repo Weighted Avg Maturity Days
- 22
- Acquisition Expenses Six Months
- $1.5 million
- Advisory Revenue Six Months 2026
- 11932689
- Book Value Per Share Prior Quarter
- 1.34
- Net Income Six Months 2026 attributable
- 1175111
AI analysis
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