Bimini Capital Management to Announce Second Quarter 2024 Results
2024年7月11日 - 2:05AM
ビジネスワイヤ(英語)
Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini” or the
"Company"), today announced that it will release results for the
second quarter of 2024 following the close of trading on Thursday,
August 1, 2024.
Earnings Conference Call Details
An earnings conference call and live audio webcast will be
hosted Friday, August 2, 2024, at 10:00 AM ET. The conference call
may be accessed by dialing toll free (888) 330-2214. A live audio
webcast of the conference call can be accessed via the investor
relations section of the Company's website at
https://ir.biminicapital.com. An audio archive of the webcast will
be available for 30 days after the call.
About Bimini Capital Management, Inc.
Bimini Capital Management, Inc. is an asset manager that invests
primarily in residential mortgage-related securities issued by the
Federal National Mortgage Association (Fannie Mae), the Federal
Home Loan Mortgage Corporation (Freddie Mac) and the Government
National Mortgage Association (Ginnie Mae).
Through our wholly-owned subsidiary, Bimini Advisors Holdings,
LLC ("Bimini Advisors"), we serve as the external manager of Orchid
Island Capital, Inc. ("Orchid"). Orchid is a publicly-traded real
estate investment trust (NYSE: ORC). Orchid is managed to earn
returns on the spread between the yield on its assets and its
costs, including the interest expense on the funds it borrows. As
Orchid’s external manager, Bimini Advisors receives management fees
and expense reimbursements for managing Orchid's investment
portfolio and day-to-day operations. Pursuant to the terms of the
management agreement, Bimini Advisors provides Orchid with its
management team, including its officers, along with appropriate
support personnel. Bimini Advisors is at all times subject to the
supervision and oversight of Orchid's board of directors and has
only such functions and authority as are delegated to it.
We also manage the portfolio of our wholly-owned subsidiary,
Royal Palm Capital, LLC (“Royal Palm”). Royal Palm is managed with
an investment strategy similar to that of Orchid. Bimini Capital
Management, Inc. and its subsidiaries are headquartered in Vero
Beach, Florida.
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Bimini Capital Management, Inc. Robert E. Cauley, 772-231-1400
Chairman and Chief Executive Officer
https://ir.biminicapital.com