Bimini Capital Management (BMNM) Reports Q4 Loss of $0.48

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Bimini Capital Management Announces Fourth Quarter 2023 Results

March 7, 2024 4:05 PM EST

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 December 31, 2023.

Fourth Quarter 2023 Highlights

Net loss of $4.9 million, or $0.48 per common share Book value per share of $0.81 Company to discuss results on Friday, March 8, 2024, at 10:00 AM ET

Management Commentary

Commenting on the fourth quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, The fourth quarter of 2023 appeared... More