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BMNM

OTC
1.050000 USD
0
0%
Last update Aug 8, 3:03 PM EDT
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Day range
1.050000
1.050000
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1.050000
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Bimini Capital Management, Inc.
1.05
0
0%

Overview

Description

Bimini Capital Management, Inc. is a specialty finance company that engages in real estate investment trusts (REITs) activities, particularly focusing on mortgage-backed securities (MBS). Its primary function is to invest in, manage, and finance residential mortgage assets in the United States. Bimini Capital’s portfolio typically consists of residential mortgage-backed securities that are either agency-backed or privately issued, providing the company with diverse exposure to the housing finance market. The firm aims to generate revenue through interest income and capital gains from its investments, supporting its business model primarily through leveraging its investments to increase potential returns. Operating within the financial services sector, Bimini Capital Management plays a key role in providing liquidity to the real estate market, facilitating the availability of capital to the housing market. The company’s activities are essential in sustaining the housing finance system by ensuring that mortgages remain accessible and affordable. Bimini Capital is notable for navigating the complexities of mortgage securities, requiring a deep understanding of market dynamics and risk assessment to optimize its investment strategies.

About

CEO
Mr. Robert E. Cauley C.F.A., CPA
Employees
10
Address
3305 Flamingo Drive
Vero Beach, 32963, FL
United States
Phone
772 231 1400
Instrument type
Common stock
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
OTCB
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 3 hours 30 minutes

02:29
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).