---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053664"
form_type: "8-K"
ticker: "BCSF"
cik: "0001655050"
company_name: "Bain Capital Specialty Finance, Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:10:46.077615+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BCSF reports Q1 NII $0.53/share, NAV up to $17.70; declares $0.42 dividend

## Summary
- NII per share $0.53 ($34.0M), net income $0.55 ($35.1M); annualized NII yield on book value 12.0%.
- NAV per share $17.70, up $0.10 from Q4; investment portfolio fair value $2.41B.
- Q2 2024 dividend $0.42/share plus additional $0.03, payable July 29 to holders of record June 28.
- Non-accrual investments declined to 1.0% of portfolio fair value (1.7% at cost).
- Gross fundings $403.1M in 83 companies; Fitch affirmed BBB- rating; net debt-to-equity 1.09x.

## SEC filing metadata
- accession: 0000950170-24-053664
- form_type: 8-K
- ticker: BCSF
- cik: 0001655050
- company_name: Bain Capital Specialty Finance, Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655050/000095017024053664/0000950170-24-053664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655050/000095017024053664/bcsf-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053664
- JSON: https://secwatch.observer/filing/0000950170-24-053664.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053664.txt

## Key facts
- Earnings Releases
  Bain Capital Specialty Finance, Inc. reported first quarter ended March 31, 2024 results: revenue $74.5 million, net income $34.0 million or $0.53 per share, EPS $0.55.
  - Period: first quarter ended March 31, 2024
  - Revenue: $74.5 million
  - Net income: $34.0 million or $0.53 per share
  - EPS: $0.55
  - Result: reported results
  source text: investments at fair value were in floating rate securities. RESULTS OF OPERATIONS For the three months ended March 31, 2024 and December 31, 2023, total investment income was $74.5 million and $74.9 million, respectively. The decrease in investment income was primarily due to a decrease in interest and dividend income, partially offset by an increase in other
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655050/000095017024053664/0000950170-24-053664-index.htm

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