earnings
confidence high
sentiment neutral
materiality 0.55
Barings BDC reports preliminary Q4 NII $0.30-$0.32; NAV $11.25-$11.29
Barings BDC, Inc.
2023-FY EPS reported
$1.19
- Preliminary NII $0.30-$0.32/share; net increase from operations $0.25-$0.29/share.
- NAV estimated $11.25-$11.29 per share; total portfolio fair value $2.49B, down from $2.52B.
- New investments totaled $192.5M including $12.5M co-investment in litigation financing.
- Non-accrual portfolio companies fell to 4 from 7; Core Scientific removed after Jan 2024 bankruptcy exit.
- Regulatory leverage 1.21x; share repurchase program active with 1.85M shares at avg $7.99.