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Bimini Capital Management Inc - BMNM STOCK NEWS

Welcome to our dedicated news page for Bimini Capital Management (Ticker: BMNM), a resource for investors and traders seeking the latest updates and insights on Bimini Capital Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bimini Capital Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Bimini Capital Management, Inc. (BMNM) to release first-quarter 2024 results on May 2, 2024, followed by an earnings conference call on May 3, 2024, at 10:00 AM ET. Investors can access the call via dial-in or live webcast.
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Bimini Capital Management, Inc. reported a net loss of $4.9 million for the fourth quarter of 2023. The company's book value per share was $0.81. Orchid Island Capital, managed by Bimini, reported a net income of $27.1 million. Market conditions led to mark-to-market gains on MBS assets. Bimini experienced a decrease in advisory services revenue compared to the previous year.
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Bimini Capital Management, Inc. (BMNM) has announced the release of their fourth-quarter 2023 results, scheduled for March 7, 2024. The earnings conference call and live audio webcast will be held on March 8, 2024, providing investors with insights into the company's performance.
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Bimini Capital Management, Inc. (BMNM) has appointed G. Hunter Haas, IV, the Chief Investment Officer and Chief Financial Officer, to the Company’s board of directors at a meeting on January 11, 2024.
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Bimini Capital Management, Inc. reported a net loss of $0.4 million, or $0.04 per common share, for the third quarter of 2023. The company's book value per share was $1.30. The Federal Reserve's tightening campaigns and credit rating downgrades of the United States impacted interest rate movements during the quarter. The Agency MBS market performed poorly, with spreads increasing and market participants remaining on the sidelines. Orchid Island Capital, managed by Bimini, reported a net loss of $80.1 million.
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Bimini Capital Management will release Q3 2023 results on November 2, 2023. An earnings conference call and live audio webcast will be hosted on November 3, 2023 at 10:00 AM ET.
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Bimini Capital Management, Inc. (OTCQB: BMNM) announced Q2 2023 results, including net income of $0.3 million and book value per share of $1.34. The company discussed macro-economic conditions, Fed rate hikes, and the impact on the Agency RMBS market. Orchid Island Capital reported net income of $10.2 million and increased shareholders' equity. Bimini's MBS portfolio increased to $63.8 million, but net interest and dividend income decreased significantly.
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Bimini Capital Management, Inc. (OTCQB:BMNM) will release its second quarter 2023 results on August 10, 2023. An earnings conference call and live audio webcast will be hosted on August 11, 2023, at 10:00 AM ET. The conference call can be accessed by dialing toll-free (888) 330-2214, with the conference ID 5305210. A live audio webcast can be accessed via the investor relations section of the company's website or at https://events.q4inc.com/attendee/747750119.
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Bimini Capital Management Inc

OTC:BMNM

BMNM Rankings

BMNM Stock Data

9.57M
5.58M
44.26%
Other Financial Vehicles
Finance and Insurance
Link
US
Vero Beach

About BMNM

bimini capital management inc (bmnm) is a financial services company located in 3305 flamingo dr, vero beach, florida, united states.