)
Overview
<ul>
<li>US mortgage securities investor reported Q4 net income of $3.4 mln and EPS of $0.34</li>
<li>Advisory service revenue rose to $4.7 mln, driven by higher Orchid Island equity</li>
<li>Company approved $2.5 mln share repurchase plan over next 24 months</li>
</ul>
Outlook
<ul>
<li>Company expects TJIM acquisition to close at the beginning of Q2 2026</li>
<li>Bimini says economic outlook has become very uncertain due to conflict in Iran and potential higher inflation</li>
<li>Company plans to operate a smaller Agency RMBS portfolio with lower leverage after TJIM acquisition</li>
</ul>
Result Drivers
<ul>
<li>FAVORABLE FIXED INCOME MARKETS - Co said calm fixed income markets and declining interest rate volatility supported Agency RMBS and other fixed income sectors in Q4</li>
<li>HIGHER ADVISORY REVENUE - Advisory service revenue rose to $4.7 mln, mainly due to increased equity at Orchid Island Capital, which Bimini manages</li>
<li>INVESTMENT GAINS - Co recorded mark-to-market and unrealized gains on MBS portfolio and investment in Orchid during Q4 Company press release:</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
<h3>Q4 EPS $0.34</h3>
Q4 Net $3.40
Income mln
<h3>Q4 $3.90</h3>
Operatin mln
g
Expenses For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

DABS

Reuters

DoubleLine Asset-Backed Securities ETF

SPDR Dow Jones REIT ETF

SPDR Dow Jones Global Real Estate ETF

iShares Mortgage Real Estate Capped

iShares Residential and Multisector Real Estate ETF

Schw Us Reit

Binah Capital

Janus Henderson Asset-Backed Secs ETF

iShares US Real Estate ETF

SPDR Portfolio Mortgage Backed Bond ETF

Real Est Select Spdr

PIMCO Mortgage-Backed Securities Act ETF

Schwab® Mortgage-Backed Securities ETF

Vanguard Real Estate ETF

Janus Henderson Mortgage Backed Securities

Vanguard Mortgage Backed Sec

Annaly Capital Mgmt

VanEck Mortgage REIT Income ETF

John Hancock Mortgage-Backed Securities ETF

JPMorgan Mortgage-Backed Securities ETF

iShares Barclays MBS Fixed Rate Bd

Bimini Capital Q4 net income rises to $3.4 mln, says war in Iran and inflation impacts forecast