BDC Stock Recent News

Chicago Atlantic BDC Inc. (NASDAQ:LIEN ) Q1 2025 Earnings Conference Call May 14, 2025 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations, SCR Partners Peter Sack - Chief Executive Officer Martin Rodgers - Chief Financial Officer Dino Colonna - President Conference Call Participants Pablo Zuanic - Zuanic Associates Operator Good day. And welcome to the Chicago Atlantic BDC First Quarter 2025 Earnings Conference Call.

Chicago Atlantic BDC, Inc. (LIEN) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of $0.34. This compares to loss of $0.01 per share a year ago.

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2025.

NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its financial results today for its fiscal quarter ended March 31, 2025. HIGHLIGHTS On March 20, 2025, the Company's Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending March 31, 2025, payable in cash on May 16, 2025, to stockholders of record as of April 25, 2025. During the quarter, ICMB made investments in one new portfolio compan.

Hercules Capital is a top BDC choice for passive income investors, offering solid dividends supplemented by non-base distributions and strong credit quality. The BDC focuses on the technology sector, with a portfolio value of $3.9 billion and a low non-accrual ratio of 0.5%. Despite a premium valuation, Hercules Capital's consistent performance, high net investment income, and supplemental dividends justify its 'Strong Buy' rating.

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the first quarter ended March 31, 2025. “We are pleased to report one of our strongest first quarters of investment activity since KBDC's inception,” said Doug Goodwillie, Co-Chief Executive Officer. “Our strategy of building a diversified portfolio of stable, well-.

Ares Capital missed EPS expectations for Q1, but results were nonetheless very robust; ARCC grew its portfolio, and maintained high balance sheet quality, with a low non-accrual percentage. I rated Ares Capital a hold previously, due to its high-yield and high valuation multiplier. Ares Capital's diversified portfolio and first lien strategy, combined with 326% Y/Y growth in net commitments, highlight its growth potential.

We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.

Ares Capital delivered a solid 2.1% total NAV return in Q1, trading at a 9.4% dividend yield and a 3% premium to book. Core net investment income dropped to $0.50, with GAAP NII steady at $0.54; dividend coverage fell to 104%, but the dividend remains stable. Portfolio quality remains stable with non-accruals at 0.9% and a diversified portfolio; leverage is low but may rise as lending opportunities increase.

NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) (“ICMB” or “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2025 on Tuesday, May 13, 2025, after the close of the financial markets. The Company will host an earnings conference call at 10:00 am (Eastern Time) on Wednesday, May 14, 2025 to review its financial results and conduct a question-and-answer session. All interested parties may participate in the co.