Here are the 10-K annual reports from Bimini Capital Mgmt Inc A (BMNM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BMNM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BMNM filings page.
Bimini Capital Management is a specialty finance company that invests in Agency mortgage-backed securities and holds Orchid Island Capital common stock, while also earning fees as Orchid’s external manager. Its strategy relies on leverage, interest rate hedging and managing prepayment and liquidity risks in the MBS market.
The company plans a strategic shift by acquiring 80% of Tom Johnson Investment Management, a registered adviser with approximately $1.6 billion of assets under management, using a significant portion of its capital. This pending deal is intended to transition Bimini toward a pure asset management model but carries execution, integration, client retention and financing risks alongside broader interest rate, funding, cybersecurity, climate and key-person risks.