GBDC Stock Recent News

Golub Capital BDC (GBDC) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.34 per share a year ago.

We take a look at the action in business development companies through the third week of July and highlight some of the key themes we are watching.

NEW YORK , July 6, 2023 /PRNewswire/ -- Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter ended June 30, 2023 on Monday, August 7, 2023 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 11:00 a.m.

We discuss quarterly results from Golub Capital BDC and highlight key income dynamics of the portfolio. GBDC delivered a double-digit net income rise and a small gain in the NAV. Non-accruals fell and remain below the sector average.

I believe that Golub Capital is a conservative BDC with a 10% dividend yield, making it a suitable long-term buy-and-hold income position. The company has modest balance sheet leverage, aligned management fees, and a diversified portfolio across various industries. Golub Capital has a low cost of liabilities, making it an attractive option for income investors.

BDCs were up on the week, buoyed by strong earnings numbers. Companies in the sector continue to manage the amount of their outstanding shares with largely positive consequences for investors.

Golub Capital BDC (GBDC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Higher rates, decent demand for finance, strong asset quality and regulatory changes are likely to keep aiding the Zacks SBIC & Commercial Finance industry players like Golub Capital (GBDC), BlackRock TCP (TCPC) and Horizon Technology Finance (HRZN).

Golub Capital BDC (NASDAQ:GBDC ) Q2 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants David Golub - Chief Executive Officer Matt Benton - Chief Operating Officer Chris Ericson - Chief Financial Officer Conference Call Participants Raymond Cheesman - Anfield Capital Ryan Lynch - KBW Robert Dodd - Raymond James Jordan Wathen - Wells Fargo Operator Hello everyone and welcome to GBDC's March 31, 2023 Quarterly Earnings Call. Before we begin, I'd like to take a moment to remind our listeners that remarks made during this call may contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995.

Golub Capital BDC (GBDC) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.27 per share a year ago.