Bimini Capital Management (BMNM) Tax Rate (2010 - 2026)
Bimini Capital Management (BMNM) reported Tax Rate of 20.0% for Q1 2026, down 583.0% on a YoY basis from 4.14% in Q1 2025, and up 149.77% quarter-over-quarter from 40.19% in Q4 2025.
Bimini Capital Management (BMNM) Tax Rate (2010 - 2026) Analysis & Trends
Bimini Capital Management has reported Tax Rate for 15 years, with the latest figure at 20.0% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 583.0% year-over-year to 20.0%; the trailing twelve-month figure through Mar 2026 stood at 0.14% (down 14595.0% YoY), and the FY2024 full-year result was 172.21%, down 263770.0% from the prior year.
- Tax Rate for Q1 2026 stood at 20.0%, up from 40.19% in the prior quarter.
- The five-year high for Tax Rate was 937.86% in Q4 2022, with the low at 978.05% in Q4 2023.
- Historically, Tax Rate has averaged 32.76% across 5 years, with a median of 22.3% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 191591 bps — and 2024, when it jumped 131654 bps.
- Bimini Capital Management's Tax Rate stood at 937.86% in 2022, then plunged by 204 bps to 978.05% in 2023, then soared by 135 bps to 338.49% in 2024, then slumped by 112 bps to 40.19% in 2025, then soared by 150 bps to 20.0% in 2026.
- The last three Tax Rate figures came in at 20.0% (Q1 2026), 40.19% (Q4 2025), and 18.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Bimini Capital Management | - | - | - | 20.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.00% |
| Mar 31, 2026 | 20.00% |
| Dec 31, 2025 | -40.19% |
| Dec 31, 2025 | -40.19% |
| Sep 30, 2025 | 18.18% |
| Sep 30, 2025 | 18.18% |
| Jun 30, 2025 | 13.28% |
| Jun 30, 2025 | 13.28% |
| Mar 31, 2025 | 25.83% |
| Mar 31, 2025 | 25.83% |
| Dec 31, 2024 | 338.49% |
| Dec 31, 2024 | 338.49% |
| Sep 30, 2024 | 62.24% |
| Sep 30, 2024 | 62.24% |
| Jun 30, 2024 | -60.44% |
| Jun 30, 2024 | -60.44% |
| Mar 31, 2024 | 66.67% |
| Mar 31, 2024 | 66.67% |
| Dec 31, 2023 | -978.05% |
| Dec 31, 2023 | -978.05% |