earnings
confidence high
sentiment positive
materiality 0.70
Hercules Capital Q2: record investment income $125M, NII $0.51/sh, dividend $0.48
Hercules Capital, Inc.
2024-Q2 EPS reported
$0.82
- Record Q2 total investment income $125.0M (+7.5% YoY); NII $82.4M ($0.51/sh) up 8.8% YoY.
- Record Q2 gross fundings $461.5M (+28.7% YoY); total commitments $686.5M.
- NAV per share $11.43 (down 1.7% QoQ); net GAAP leverage 93.3%.
- Q2 dividend declared $0.48/sh ($0.40 base + $0.08 supplemental); payable Aug 20.
- Subsequent event: Fourth SBIC license approved, provides access to $175M SBA debentures.