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Bimini Capital Management, Inc. - $BMNM STOCK NEWS

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

Bimini Capital Management, Inc. (BMNM) is a financial services company based in Vero Beach, Florida. Specializing in mortgage-backed securities, the company focuses on investing in residential mortgage assets. Their core business involves the management of portfolios comprising Agency Residential Mortgage-Backed Securities (RMBS) and other mortgage-related assets.

Founded with the mission to generate shareholder value, Bimini Capital Management has established a strategic investment approach that leverages its expertise in the mortgage market. The company’s experienced management team utilizes comprehensive risk assessment techniques to optimize portfolio performance while mitigating potential risks.

Recent achievements include the successful management of their RMBS portfolios, navigating through various market conditions, and maintaining solid financial health. The company has continued to focus on enhancing shareholder returns through efficient capital management and strategic asset allocation.

Bimini Capital Management is known for its transparency and commitment to its stakeholders. Financial reports and updates are regularly published, providing investors with clear insights into the company’s performance and strategic direction. Additionally, the firm has cultivated strong partnerships within the financial sector, further bolstering its market position.

Staying updated with the latest developments and performance metrics is crucial for investors. Bimini Capital Management’s news section is regularly updated with the latest information, ensuring that stakeholders have access to the most current data and company updates.

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Bimini Capital Management, Inc. announced its first quarter 2024 results, highlighting a net income of $0.2 million and a book value per share of $0.83. The company discussed the economic and interest rate cycle, emphasizing uncertainties in the market. Orchid Island Capital reported net income of $19.7 million, impacting Bimini's advisory service revenues. The investment portfolio saw gains and losses, resulting in a net income before taxes of $0.6 million. The company's capital allocation between MBS sub-portfolios and return on invested capital were also detailed.

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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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FAQ

What is Bimini Capital Management, Inc.'s primary business?

Bimini Capital Management, Inc. specializes in investing in residential mortgage-backed securities (RMBS) and managing mortgage-related asset portfolios.

Where is Bimini Capital Management, Inc. located?

The company is based in Vero Beach, Florida, United States.

What is the focus of Bimini Capital Management's investment strategy?

The company focuses on optimizing portfolio performance and mitigating risks through strategic asset allocation and comprehensive risk assessment techniques.

How does Bimini Capital Management, Inc. generate shareholder value?

The company aims to generate shareholder value through efficient capital management, strategic investment in RMBS, and maintaining financial transparency.

How can investors stay informed about Bimini Capital Management's performance?

Investors can stay informed by regularly checking the company's news section, which is updated with the latest developments and financial reports.

What recent achievements has Bimini Capital Management, Inc. made?

The company has successfully managed its RMBS portfolios under varying market conditions and maintained a strong financial condition.

What types of securities does Bimini Capital Management invest in?

Bimini Capital Management primarily invests in Agency Residential Mortgage-Backed Securities (RMBS) and other mortgage-related assets.

Who leads Bimini Capital Management, Inc.?

The company is led by an experienced management team with extensive knowledge in the mortgage market.

What is the company's commitment to stakeholders?

Bimini Capital Management is committed to maintaining transparency and providing regular updates on financial performance and strategic direction to its stakeholders.

What partnerships does Bimini Capital Management have?

The company has cultivated strong partnerships within the financial sector, enhancing its market position.

Bimini Capital Management, Inc.

OTC:BMNM

BMNM Rankings

BMNM Stock Data

9.57M
5.58M
44.26%
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Finance and Insurance
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United States of America
Vero Beach