Bimini Capital Q4 net income rises to $3.4 mln, says war in Iran and inflation impacts forecast

Bimini Capital Management

12/03/2026 21:06

Overview

US mortgage securities investor reported Q4 net income of $3.4 mln and EPS of $0.34

Advisory service revenue rose to $4.7 mln, driven by higher Orchid Island equity

Company approved $2.5 mln share repurchase plan over next 24 months

Outlook

Company expects TJIM acquisition to close at the beginning of Q2 2026

Bimini says economic outlook has become very uncertain due to conflict in Iran and potential higher inflation

Company plans to operate a smaller Agency RMBS portfolio with lower leverage after TJIM acquisition

Result Drivers

FAVORABLE FIXED INCOME MARKETS - Co said calm fixed income markets and declining interest rate volatility supported Agency RMBS and other fixed income sectors in Q4

HIGHER ADVISORY REVENUE - Advisory service revenue rose to $4.7 mln, mainly due to increased equity at Orchid Island Capital, which Bimini manages

INVESTMENT GAINS - Co recorded mark-to-market and unrealized gains on MBS portfolio and investment in Orchid during Q4

Company press release: ID:nGNX6Kdhmh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.34
Q4 Net Income
$3.40 mln
Q4 Operating Expenses
$3.90 mln


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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.)