secwatch.observer — SEC 8-K summary
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Issuer:     Hercules Capital, Inc. (HTGC)
CIK:        0001280784
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001193125-23-269398
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hercules Capital Q3 record total investment income $116.7M, NII $0.52/share, declares $0.48 dividend
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- Record total investment income $116.7M (+38.6% YoY); record NII $76.8M ($0.52/share) (+53.6% YoY).
- Year-to-date gross fundings $1.29B (+17.7% YoY); early loan repayments $148M, down 50.2% from Q2.
- NAV per share $10.93 (-0.3% QoQ); GAAP leverage 99.8%; net debt investment portfolio grew $194.6M.
- Non-accrual loans increased to 2.66% of total investments at cost (from 0.4% in Q2).
- Board declared Q3 total cash distribution of $0.48/share ($0.40 base + $0.08 supplemental), payable Nov 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280784/000119312523269398/0001193125-23-269398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280784/000119312523269398/d496645d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-269398

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