Trinity Capital Q1 2024: record NII $25.2M, total investment income $50.5M, NAV $12.88

Trinity Capital Inc.

2024-Q1 EPS reported $0.30

Record NII of $25.2M ($0.54/sh), up 30.1% YoY; total investment income $50.5M, up 21.5% YoY.
NAV $626.3M ($12.88/sh) vs $611.2M ($13.19/sh) at Dec 31, 2023; $0.51/sh dividend, 2% QoQ increase (13th consecutive).
Total gross investments funded $242.7M; debt repayments $148.5M incl $43.4M early; leverage 118% (vs 106% prior Q).
Net increase in net assets from operations $14.5M ($0.31/sh) vs $22.5M ($0.64/sh) in Q1 2023, due to $12.0M net unrealized depreciation.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Trinity Capital Inc. reported financial results for the first quarter ended March 31, 2024.

Period: the first quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 1, 2024, Trinity Capital Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024. Such press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

Trinity Capital Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-050905

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.