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Bimini Capital Management (BMNM) AI Stock Analysis
Bimini Capital Management
(Other OTC:BMNM)
The overall score of 52 reflects a highly speculative investment profile. The most significant factor is the extreme financial leverage, which creates a critical vulnerability that overshadows the company's impressive operational turnaround and strong earnings growth. While the valuation appears cheap on a P/E basis and the recent TJIM acquisition is a strategic positive, bearish technicals and near-term earnings headwinds from one-time costs and tax accruals add further caution. The company's success hinges on sustaining its operational momentum to manage its massive debt load.
Bimini Capital Management (BMNM) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $27.47M
- Dividend Yield
- ―
- Average Volume (3M)
- 5,730
- Price to Earnings (P/E)
- 4.3
- Beta (1Y)
- 0.38
- Revenue Growth
- 22.09%
- EPS Growth
- ―
- Country
- US
- Employees
- 10
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
Bimini Capital Management Business Overview & Revenue Model
Company Description
Bimini Capital Management, Inc. operates as an asset management company within the United States, conducting its business through various subsidiaries. Its operations are divided into two primary segments: Asset Management and Investment Portfolio. T...
How the Company Makes Money
Public information does not provide a clear, current breakdown of BMNM’s revenue model and recurring revenue streams. Historically (based on legacy descriptions of the business), companies of this type may generate earnings from: (1) net interest inc...
Bimini Capital Management Earnings Call Summary
The call conveyed a balanced, transitional narrative: strong strategic positives (transformational TJIM acquisition, meaningful advisory revenue growth, Orchid's solid quarterly performance, profitable and cash-flow-positive operations, and no new acquisition debt) contrasted with significant transitional and one-time headwinds (a materially reduced investment portfolio after funding the acquisition, a substantial noncash tax accrual and transaction costs, impending NOL expirations that will change the tax profile, and macro/geopolitical volatility). Management framed the period as an important strategic step with near-term noise but longer-term upside potential, resulting in a neutral overall tone.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Bimini guided that it expects to remain profitable and cash‑flow positive going forward, may begin using available cash to pay down trust‑preferred debt (maturing 2035) if funding costs rise, and will prioritize using near‑term NOLs (all but approximately $5.5M of the former mortgage‑company NOLs are expected to be used or expire by end‑2028, falling to about $1M by end‑2029, with small additional NOLs expiring in 2036). Key Q2‑2026 metrics cited: Orchid Island delivered a 6.2% economic return, grew share count ~1.5% and average equity base ~5.7% QoQ (contributing to a 3.4% increase in management fee revenue); consolidated advisory revenues (including the April 1, 2026 TJIM acquisition) were about $6.8M in Q2 versus $3.8M in Q2‑2025 and $5.1M in Q1‑2026; the investment portfolio had a market value of $37.9M at 6/30/2026 (vs $120.8M at 6/30/2025); TJIM brings roughly $1.7B AUM with ~15% equities/30% balanced/55% fixed income; the company recorded a ~$1.1M six‑month non‑cash tax accrual and has incurred roughly $1.5M of transaction costs YTD plus several hundred thousand dollars of mark‑to‑market.
Bimini Capital Management Financial Statement Overview
Summary
Financial performance is a tale of two extremes. The income statement shows a remarkable turnaround with strong revenue growth and a 24.6% TTM net profit margin, and cash flow conversion is excellent. However, the balance sheet is critically weak, with a debt-to-equity ratio of 1,611.6x, creating a fragile capital structure. The overall score balances strong operational momentum against profound balance sheet risk.
Income Statement
72PositiveBalance Sheet
15Very NegativeCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.89M | 23.48M | 13.07M | 17.91M | 15.36M | 14.27M |
| Gross Profit | 23.61M | 21.64M | 13.07M | 10.64M | 15.21M | 14.14M |
| EBITDA | 11.86M | 11.38M | 9.43M | 5.64M | -5.76M | 1.09M |
| Net Income | 6.38M | 5.80M | -1.31M | -3.98M | -19.82M | 275.41K |
Balance Sheet | ||||||
| Total Assets | 64.37M | 129.69M | 154.85M | 125.60M | 86.32M | 122.08M |
| Cash, Cash Equivalents and Short-Term Investments | 6.62B | 14.32B | 5.67M | 3.72M | 6.01M | 8.42M |
| Total Debt | 42.37M | 112.67M | 144.55M | 114.30M | 71.23M | 86.32M |
| Total Liabilities | 47.40M | 117.07M | 148.03M | 117.47M | 74.19M | 89.08M |
| Stockholders Equity | 13.76M | 12.62M | 6.82M | 8.13M | 12.12M | 33.00M |
Cash Flow | ||||||
| Free Cash Flow | 7.00M | 2.88M | 3.19M | 1.70M | 5.43M | 5.53M |
| Operating Cash Flow | 7.00M | 2.88M | 3.19M | 1.70M | 5.48M | 5.53M |
| Investing Cash Flow | 79.80M | 35.89M | -30.49M | -47.06M | 7.62M | 1.35M |
| Financing Cash Flow | -86.77M | -31.88M | 30.25M | 43.05M | -16.14M | -7.98M |
Bimini Capital Management Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BMNM, the sentiment is Negative. The current price of 2.75 is below the 20-day moving average (MA) of 2.90, below the 50-day MA of 3.13, and below the 200-day MA of 2.89, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 43.25 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BMNM.
Bimini Capital Management Risk Analysis
Bimini Capital Management disclosed 56 risk factors in its most recent earnings report. Bimini Capital Management reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksBimini Capital Management Peers Comparison
Overall Rating
LOAN74Outperform
CHMI54Neutral- BMNM52Neutral
SACH48Neutral
GPMT42Neutral
LFT35Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| LOAN | 74Outperform | $38.81M | 8.18 | 11.14% | 13.01% | -9.48% | -9.46% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| CHMI | 54Neutral | $96.06M | 208.66 | 8.62% | 15.09% | 0.45% | 14.51% |
| BMNM | 52Neutral | $29.65M | 4.30 | 52.04% | ― | 22.09% | ― |
| SACH | 48Neutral | $39.32M | -3.08 | -4.70% | 14.81% | 69.76% | 71.12% |
| GPMT | 42Neutral | $20.58M | -0.22 | -15.12% | 15.92% | -25.30% | 5.00% |
| LFT | 35Underperform | $20.34M | -1.10 | -6.31% | 40.71% | -22.88% | -293.89% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| BMNM | Bimini Capital | 2.75 | 1.02 | 58.96% | |
| LOAN | Manhattan Bridge Capital | 3.42 | -1.08 | -23.93% | |
| LFT | Lument Finance Trust, Inc. | 3.93 | -9.90 | -71.58% | |
| CHMI | Cherry Hill Mortgage Investment | 2.65 | 0.65 | 32.63% | |
| SACH | Sachem Capital Corp. | 0.81 | -0.14 | -14.56% | |
| GPMT | Granite Point Mortgage Trust | 4.40 | -19.27 | -81.41% |
Bimini Capital Management Corporate Events
Bimini Capital Adds TJIM Leader to Board of Directors
PositiveOn September 14, 2026, Bimini Capital Management appointed Richard H. Parry, President and Chief Investment Officer of its 80%-owned subsidiary Tom Johnson Investment Management, LLC, as a Class II director with a term running until the 2029 annual m...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 30, 2026