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Bimini Capital Q2 net income rises to $0.4 million

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Bimini Capital Management (BMNM) reported second-quarter 2026 net income of $0.4 million, or $0.04 per common share, compared with net income of $0.04 million, or $0.00 per common share, in the second quarter of 2025.

Advisory services revenue increased to $6.8 million from $3.8 million in the prior-year quarter. The company said TJIM contributed $1.7 million of advisory services revenue during the quarter after the acquisition closed on April 1, 2026.

  • First-half 2026 net income was $1.2 million, or $0.12 per common share, compared with $0.5 million, or $0.06 per common share, a year earlier.
  • Book value per share was $1.38 at June 30, 2026, compared with $1.34 at March 31, 2026.
  • TJIM assets under management increased to $1.7 billion at June 30, 2026, from $1.6 billion at March 31, 2026.
  • The company scheduled an earnings conference call for August 7, 2026, at 10:00 AM ET.
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