Bimini Capital Management (BMNM) Reports Q2 Loss of $0.11

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Bimini Capital Management Announces Second Quarter 2022 Results

August 11, 2022 4:05 PM EDT

VERO BEACH, Fla.--(BUSINESS WIRE)-- Bimini Capital Management, Inc. (OTCQB: BMNM), (Bimini Capital, Bimini, or the Company), today announced results of operations for the three-month period ended June 30, 2022.

Second Quarter 2022 Highlights

Net loss of $1.2 million, or $0.11 per common share Book value per share of $2.66 Company to discuss results on Friday, August 12, 2022, at 10:00 AM ET

Management Commentary

Commenting on the second quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, During the latter part of the second quarter of 2022... More