Bimini Capital Q1 net income rises

Bimini Capital Management

07/05/2026 21:28

Overview

U.S. investment adviser reported Q1 net income rose to $0.8 mln, or $0.08 per share

Advisory service revenues up 43% yr/yr, driven by higher equity at Orchid Island Capital

Outlook

Company says economic outlook has become very uncertain due to Middle East conflict and inflation

Bimini plans to operate Agency RMBS portfolio at lower leverage following TJIM acquisition

Company may grow Agency RMBS portfolio over time if free cash flow allows

Result Drivers

ADVISORY REVENUE GROWTH - Higher equity at Orchid Island Capital led to increased advisory service revenues

ACQUISITION COSTS - Expenses rose year-over-year due to TJIM acquisition costs

Company press release: ID:nGNX3YRsm7

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.08
Q1 Net Income
$801,054


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)