Bimini Capital Management, Inc.
- BMNM · OTC
- Real Estate Investment Trusts
- Vero Beach, FL
- 10 employees
- CIK 0001275477
Updated from SEC filings through
Top things to know
Executives
- Robert Cauley Chief Executive Officer and Chairman of our Board of Directors 10-K, 2026-03-13
- Robert E. Cauley Chairman and Chief Executive Officer 10-K, 2026-03-13
- G. Hunter Haas, IV President, Chief Financial Officer, Chief Investment Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer) 10-K, 2026-03-13
- Hunter Haas Chief Financial Officer, Chief Investment Officer, Treasurer and member of Bimini's Board of Directors 10-K, 2026-03-13
What leadership is saying
“The Company’s results for the quarter demonstrate the benefits of our recent pivot to a more diversified asset manager with less reliance on the levered RMBS strategy. The fixed income markets broadly, and the Agency RMBS market more specifically, generated poor results for the quarter, and the equity and investment grade credit markets were negatively impacted by the poor performance of AI/hyperscalers. Despite these pressures, Bimini was able to generate positive results fo”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
Bimini Capital Management, Inc. is a U.S. public company in real estate investment trusts (SIC 6798), headquartered in Vero Beach, FL. It trades as BMNM on OTC. Revenue was $23.7M in the fiscal year ending December 31, 2025, +21.9% from the year before. It reported about 10 employees. Robert Cauley is Chief Executive Officer and Chairman of our Board of Directors.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $23.7M 10-K, 2026-03-13 | $19.4M 10-K, 2026-03-13 | $17.9M 10-K, 2025-03-07 | $16.2M 10-K, 2024-03-08 | $14.0M 10-K, 2023-03-10 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | $12.6M 10-K, 2026-03-13 | $11.3M 10-K, 2026-03-13 | $10.5M 10-K, 2025-03-07 | $9.8M 10-K, 2024-03-08 | $8.3M 10-K, 2022-03-11 |
| Net income | $5.8M 10-K, 2026-03-13 | -$1.3M 10-K, 2026-03-13 | -$4.0M 10-K, 2025-03-07 | -$19.8M 10-K, 2024-03-08 | $275K 10-K, 2023-03-10 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Robert Cauley | Chief Executive Officer and Chairman of our Board of Directors | 10-K, 2026-03-13 |
| Robert E. Cauley | Chairman and Chief Executive Officer | 10-K, 2026-03-13 |
| G. Hunter Haas, IV President, Chief Investment Officer at Bimini Capital Management | President, Chief Financial Officer, Chief Investment Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer) | 10-K, 2026-03-13 |
| Hunter Haas | Chief Financial Officer, Chief Investment Officer, Treasurer and member of Bimini's Board of Directors | 10-K, 2026-03-13 |
| Ashley Griffith | Director | 10-K, 2026-03-13 |
| Robert J. Dwyer | independent director of the Company | 10-K, 2026-03-13 |
What Bimini Capital Management, Inc. does
, a Maryland corporation (“Bimini Capital” and, collectively with its subsidiaries, the “Company,” “we”, “us” or “our”) is a specialty finance company that operates in two business segments: (i) investing in mortgage-backed securities (“MBS”) and Orchid Island Capital, Inc. (“Orchid”) common stock in our own portfolio, (ii) and serving as the external manager of Orchid which also invests in MBS.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Public float | $5.2M (as of June 30, 2025) | 10-K, March 13, 2026 |
|---|---|---|
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 6, 2026 |
| Latest proxy statement | Meeting June 9, 2026 (filed April 27, 2026) | DEF 14A, April 27, 2026 |
| Auditor | Bdo Usa, P.c (West Palm Beach, FL) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| December 19, 2025 | Robert J. Dwyer Director | Buy | 100,000 | $155K | Form 4, December 23, 2025 |
| December 19, 2025 | Robert E. Cauley Chief Executive Officer | Buy | 192,248 | $298K | Form 4, December 23, 2025 |
| December 19, 2025 | G. Hunter Haas IV Chief Financial Officer | Buy | 192,247 | $298K | Form 4, December 23, 2025 |
| December 19, 2025 | Ashley B. Griffith Director | Buy | 50,000 | $78K | Form 4, December 23, 2025 |
| August 7, 2025 | Robert J. Dwyer Director | Buy | 200 | $210 | Form 4, August 7, 2025 |
| June 30, 2025 | Robert J. Dwyer Director | Buy | 2,000 | $2K | Form 4, July 1, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-14
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-09
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-02
- Item 2.01 Completion of acquisition or disposition of assets
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-03-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-14
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-12-10
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-11-06
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Bimini Capital Management, Inc.
- What does Bimini Capital Management, Inc. do?
- In its own words, from Item 1 of its 10-K: ", a Maryland corporation (“Bimini Capital” and, collectively with its subsidiaries, the “Company,” “we”, “us” or “our”) is a specialty finance company that operates in two business segments: (i) investing in mortgage-backed securities (“MBS”) and Orchid Island Capital, Inc. (“Orchid”) common stock in our own portfolio, (ii) and serving as the external manager of Orchid which also invests in MBS."
- What is Bimini Capital Management, Inc.'s revenue?
- $23.7M for the fiscal year ending December 31, 2025, from its 10-K filed March 13, 2026.
- Is Bimini Capital Management, Inc. profitable?
- Bimini Capital Management, Inc. reported net income of $5.8M for the fiscal year ending December 31, 2025.
- How many employees does Bimini Capital Management, Inc. have?
- About 10 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Bimini Capital Management, Inc.?
- Robert Cauley, Chief Executive Officer and Chairman of our Board of Directors, as named in a 10-K filed March 13, 2026.
- Who is the CFO of Bimini Capital Management, Inc.?
- G. Hunter Haas, IV, President, Chief Financial Officer, Chief Investment Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer), as named in a 10-K filed March 13, 2026.
- Where is Bimini Capital Management, Inc. headquartered?
- Vero Beach, FL.
- What is Bimini Capital Management, Inc.'s stock ticker?
- BMNM on OTC.
- What industry is Bimini Capital Management, Inc. in?
- Real Estate Investment Trusts, SIC code 6798.
- What is Bimini Capital Management, Inc.'s website?
- biminicapital.com.
- When does Bimini Capital Management, Inc. report earnings next?
- March 9, 2027. Source: estimate_10q_cadence.
- Is Bimini Capital Management, Inc. a public company?
- Yes. Bimini Capital Management, Inc. files with the SEC under CIK 0001275477 and trades as BMNM.
- Who audits Bimini Capital Management, Inc.?
- Bdo Usa, P.c, West Palm Beach, FL, as named in its latest annual report (10-K).
- What is Bimini Capital Management, Inc.'s public float?
- $5.2M as of June 30, 2025, as reported on the cover of its 10-K filed March 13, 2026.
- How many business segments does Bimini Capital Management, Inc. report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 6, 2026.
- When is Bimini Capital Management, Inc.'s annual shareholder meeting?
- June 9, 2026, per its proxy statement (DEF 14A) filed April 27, 2026.
- Have Bimini Capital Management, Inc. insiders traded stock recently?
- Since June 30, 2025, officers and directors reported 0 open-market sales and 6 purchases worth about $831K on Forms 4 and 5. The most recent: Robert J. Dwyer (Director) bought 100,000 shares on December 19, 2025.