Bimini Capital Management (BMNM) Reports Q2 EPS of $0.03

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Go back to Bimini Capital Management (BMNM) Reports Q2 EPS of $0.03

Bimini Capital Management Announces First Quarter 2023 Results

August 10, 2023 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, 2023.

Second Quarter 2023 Highlights

Net income of $0.3 million, or $0.03 per common share Book value per share of $1.34 Company to discuss results on Friday, August 11, 2023, at 10:00 AM ET

Management Commentary

Commenting on the second quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, A few key developments drove macro-economic conditions during the second quarter of... More