---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059543"
form_type: "8-K"
ticker: "BCSF"
cik: "0001655050"
company_name: "Bain Capital Specialty Finance, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T15:49:31.376215+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BCSF Q3 2023 NII $0.55/sh; NAV $17.54; declares $0.42 dividend

## Summary
- Net investment income $35.6M ($0.55/sh); down from $38.9M ($0.60/sh) in Q2 2023.
- Net asset value $17.54/sh, up from $17.44 at June 30, 2023.
- Q4 dividend declared $0.42/sh, payable Jan 31, 2024, record Dec 29, 2023; prior dividend was $0.38.
- Portfolio weighted average yield at fair value 13.1%, up from 13.0% prior quarter; 94.2% floating rate.
- Three portfolio companies on non-accrual (1.5% at cost, 1.0% at fair value); net debt-to-equity 1.12x.

## SEC filing metadata
- accession: 0000950170-23-059543
- form_type: 8-K
- ticker: BCSF
- cik: 0001655050
- company_name: Bain Capital Specialty Finance, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655050/000095017023059543/0000950170-23-059543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655050/000095017023059543/bcsf-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059543
- JSON: https://secwatch.observer/filing/0000950170-23-059543.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059543.txt

## Key facts
- Earnings Releases
  Bain Capital Specialty Finance, Inc. reported the quarter ended September 30, 2023 results: revenue $72.4 million, net income $35.6 million, EPS $0.52.
  - Period: the quarter ended September 30, 2023
  - Revenue: $72.4 million
  - Net income: $35.6 million
  - EPS: $0.52
  - Result: reported results
  source text: investments at fair value were in floating rate securities. RESULTS OF OPERATIONS For the three months ended September 30, 2023 and June 30, 2023, total investment income was $72.4 million and $75.7 million, respectively. The decrease in investment income was primarily due to a decrease in interest income as a result of lower interest income and other income. Total
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655050/000095017023059543/0000950170-23-059543-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.