Bimini Capital Management (BMNM) Reports Q1 EPS of $0.02

Go back to Bimini Capital Management (BMNM) Reports Q1 EPS of $0.02

Bimini Capital Management Announces First Quarter 2024 Results

May 2, 2024 4:01 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 March 31, 2024.

First Quarter 2024 Highlights

Net income of $0.2 million, or $0.02 per common share Book value per share of $0.83 Company to discuss results on Friday, May 3, 2024, at 10:00 AM ET

Management Commentary

Commenting on the first quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, The current economic and interest rate cycle... More