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- $27.0MMarket Cap
- 171.57%1-Year Change
- Asset ManagementIndustry
Bimini REIT-A (BMNM)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 91
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Bimini Capital Management Announces Closing of Acquisition of Tom Johnson Investment Management
Bimini Capital Management has completed its acquisition of 80% of Tom Johnson Investment Management (TJIM), a registered investment adviser with approximately $1.63 billion in assets under management. The purchase price was $12.3 million, with $12 million paid in cash at closing. Bimini has the option to acquire the remaining 20% stake after three years. The acquisition positions Bimini as a pure asset management firm and provides TJIM with access to Bimini's public company infrastructure, capital markets expertise, and increased brand recognition.
04/01/2026, 4:40 PM • Benzinga
Bimini Capital Management Announces Agreement to Acquire Tom Johnson Investment Management
Bimini Capital Management has agreed to acquire 80% of Tom Johnson Investment Management (TJIM), a privately held registered investment adviser with approximately $1.6 billion in assets under management. The transaction, expected to close at the end of Q1 2026, values the deal at 2.5 times TJIM's 2025 revenue. Bimini intends to transition into a pure asset management firm with a more diverse portfolio while retaining TJIM's current staff and investment teams.
01/13/2026, 4:05 PM • Benzinga
Bimini Capital Management Announces Third Quarter 2025 Results
Bimini Capital Management reported net income of $1.8 million for Q3 2025, driven by strong advisory services and investment portfolio performance, with favorable market conditions for mortgage-backed securities investments.
11/06/2025, 4:00 PM • GlobeNewswire
Peers
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MoreInformation as of 06/03/2026
Company Profile
Bimini Capital Management, Inc., through its subsidiaries, operates as a specialty finance company in the United States. The company operates through two segments: Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc. and Royal Palm Capital, LLC. Its Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It also invests in residential mortgage-backed securities. The company was formerly known as Opteum Inc. and changed its name to Bimini Capital Management, Inc. in September 2007. Bimini Capital Management, Inc. was incorporated in 2003 and is based in Vero Beach, Florida.
Key Executives
- Robert E. Cauley
- George Hunter Haas
- Jerry Sintes
Current Ownership Distribution
- Insiders6.2M (61.92%)
- Other3.8M (38.08%)
- Institutions0 (0.00%)
- Mutual Funds0 (0.00%)