Bimini Capital Management, INC

Market Movers (8-K)

OQX
Bimini Capital Management, Inc. files an amendment to its 8-K to include financial statements and pro forma information related to its acquisition of 80% of Tom Johnson Investment Management, LLC.
Capital raise
OQX
Bimini Capital Management stockholders re-elected Robert E. Cauley as director and approved key corporate governance proposals.
OQX
Bimini Capital Management announced first quarter 2026 net income of $0.8 million, or $0.08 per share, driven by advisory services revenue growth and offset by losses in its MBS portfolio.
Better than expected
OQX
Bimini Capital Management has finalized the acquisition of an 80% equity stake in Tom Johnson Investment Management for $12.3 million.
OQX
Bimini Capital Management reported robust full-year 2025 financial results, including a significant increase in net income and book value per share, alongside the authorization of a $2.5 million share repurchase plan and an update on its strategic acquisition of Tom Johnson Investment Management.
Better than expected
OQX
Bimini Capital Management, Inc. announced an agreement to acquire an 80% equity interest in Tom Johnson Investment Management, LLC, a registered investment adviser, aiming to diversify its asset management portfolio.

Quarterly Earnings (10-Q)

OQX
Bimini Capital Management reports Q1 2026 net income of $0.8 million, driven by advisory services growth and portfolio repositioning ahead of the TJIM acquisition.
OQX
Bimini Capital Management, Inc. announced significantly improved net income and advisory services revenue for the third quarter and first nine months of 2025.
Delay expected
Better than expected
Capital raise
OQX
Bimini Capital Management, Inc. reported a significant swing to net income in the second quarter and first half of 2025, driven by increased advisory service revenues and improved net portfolio interest income, despite substantial losses on derivative instruments.
Better than expected
OQX
Bimini Capital Management announces a net income of $553,000 for the first quarter of 2025, an increase compared to $213,000 in the same period last year.
Better than expected
OQX
Bimini Capital Management reported a net income of $0.2 million for the nine months ended September 30, 2024, a decrease compared to the $0.9 million net income for the same period in 2023, while navigating a complex interest rate environment.
Worse than expected
OQX
Bimini Capital Management reported a net loss for the second quarter of 2024, contrasting with a net income in the same period last year, amidst fluctuating market conditions and interest rate changes.
Worse than expected

Annual Reports (10-K)

OQX
Bimini Capital Management, Inc. reported a significant return to profitability in 2025 and announced a strategic acquisition of Tom Johnson Investment Management, LLC, signaling a pivot towards a diversified asset management model.
Delay expected
Better than expected
Capital raise
OQX
Bimini Capital Management reports a net loss of $1.3 million for 2024, an improvement from the $4.0 million loss in 2023, while navigating interest rate volatility and managing its investment portfolio and asset management segments.
Worse than expected
OQX
Bimini Capital Management reported a net loss of $4 million for 2023, impacted by interest rate volatility and changes in the value of mortgage-backed securities.
Worse than expected

Insider Trading (Form 4)

OQX
Robert J. Dwyer, a Director and 10% owner of Bimini Capital Management, Inc., acquired 5,500 shares of Class A Common Stock.
OQX
Robert J. Dwyer, a Director and 10% Owner of Bimini Capital Management, Inc., acquired 5,000 shares of Class A Common Stock.
OQX
Bimini Capital Management Director and 10% owner Robert J. Dwyer purchased 100,000 shares of Class A Common Stock.
OQX
Bimini Capital Management CEO Robert E. Cauley acquired 192,248 shares of Class A Common Stock at $1.55 per share, increasing his direct beneficial ownership.
Better than expected
OQX
Bimini Capital Management's CFO, G. Hunter Haas IV, acquired 192,247 shares of Class A Common Stock at $1.55 per share, increasing his direct beneficial ownership to 1,491,517 shares.
OQX
Bimini Capital Management Director Ashley B. Griffith purchased 50,000 shares of Class A Common Stock for $1.55 per share, totaling $77,500.

Proxy Statements (Def-14A)

OQX
Bimini Capital Management announces its 2026 Annual Meeting of Stockholders, detailing proposals including director election, auditor ratification, rights agreement amendment, and executive compensation approval.
OQX
Bimini Capital Management will hold its annual meeting on June 10, 2025, to elect a director and ratify the appointment of its accounting firm.
OQX
Bimini Capital Management, Inc. will hold its 2024 Annual Meeting of Stockholders on June 11, 2024, to elect directors and ratify the appointment of its independent accounting firm.

Schedule 13D - Activist Investments

OQX
Bimini Capital Management director Frank E. Jaumot sold 534,495 shares of Class A Common Stock, reducing his beneficial ownership to 0.3%.
Worse than expected
OQX
Bimini Capital Management director Robert J. Dwyer increased his beneficial ownership of Class A Common Stock to 14.8% through a recent acquisition.
OQX
G. Hunter Haas, IV, President and CIO of Bimini Capital Management, Inc., increased his beneficial ownership to 14.9% of Class A Common Stock through a recent acquisition.
OQX
Bimini Capital Management's Chairman and CEO, Robert E. Cauley, increased his beneficial ownership of Class A Common Stock to 15.5% through a recent acquisition.
OQX
Bimini Capital Management, Inc. director Frank E. Jaumot sold 534,495 shares of Class A Common Stock, reducing his beneficial ownership to 0.3%.
Worse than expected
OQX
Frank E. Jaumot, a director of Bimini Capital Management, Inc., reported beneficial ownership of 5.5% of the company's Class A Common Stock, acquired primarily as director compensation.