Bimini Capital Management (BMNM) Reports Q3 EPS of $0.03

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Bimini Capital Management Announces Third Quarter 2024 Results

October 31, 2024 4:05 PM EDT

VERO BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Bimini Capital Management, Inc. (OTCQB: BMNM), (Bimini Capital, Bimini, or the Company), today announced results of operations for the three-month period ended September 30, 2024.

Third Quarter 2024 Highlights

Net income of $0.3 million, or $0.03 per common shareBook value per share of $0.83Company to discuss results on Friday, November 1, 2024, at 10:00 AM ET

Management Commentary

Commenting on the third quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, The... More