Bimini capital’s Dwyer buys $1878 in shares

Published 01/07/2025, 13:24
Bimini capital’s Dwyer buys $1878 in shares

Robert J. Dwyer, a director and 10% owner of Bimini Capital Management, INC. (OTC:BMNM), recently purchased 2,000 shares of Class A Common Stock. The transaction, which occurred on June 30, 2025, involved a price of $0.9393 per share, totaling $1,878. The stock, which has seen a significant 14.5% return over the past week according to InvestingPro, currently trades at $0.97.

Following this transaction, Dwyer directly owns 1,376,139 shares of Bimini Capital Management, INC., representing a substantial stake in this $9.8 million market cap company. While the company shows strong revenue growth of 23.3%, InvestingPro analysis reveals several key insights about the company’s performance and valuation. Get access to 6 additional ProTips and comprehensive financial analysis with an InvestingPro subscription.

In other recent news, Bimini Capital Management reported its first-quarter 2025 earnings, reflecting a steady financial performance amid market challenges. The company experienced a 22% increase in advisory service revenues and a significant 64% rise in net interest income compared to the same period last year. Despite these gains, net income slightly decreased to $560,000 from $610,000 in the previous year. Orchid Island (NYSE:ORC) Capital, which Bimini manages, successfully raised $205.4 million, contributing to the growth in advisory revenues. Expenses for the quarter were $2,920,000, showing a 4% increase from the previous quarter but a 3% decrease year-over-year. Analysts note that Bimini Capital is closely monitoring the potential impacts of new tariffs and Federal Reserve rate adjustments. The company remains poised to potentially benefit from a steeper interest rate curve, which could enhance net interest margins. Bimini Capital continues to focus on its core investment strategies while navigating economic uncertainties.

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