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Mar 31, 2024

Crescent Capital BDC Q1 2024 Earnings Report

Reported net investment income of $0.63 per share and net income of $0.76 per share.

Key Takeaways

Crescent Capital BDC reported a net investment income of $0.63 per share and net income of $0.76 per share for the quarter ended March 31, 2024. The net asset value per share increased to $20.28. The company increased its regular quarterly cash dividend by $0.01 to $0.42 per share and announced a supplemental cash dividend of $0.11 per share.

Net investment income per share was $0.63.

Net income per share was $0.76.

Net asset value per share increased to $20.28.

Increased quarterly dividend to $0.42 per share and declared a supplemental dividend of $0.11 per share.

Total Revenue
$50.2M
Previous year: $39.3M
+27.8%
EPS
$0.63
Previous year: $0.54
+16.7%
Yield on Income Securities
12.3%
Previous year: 11.4%
+7.9%
Floating Rate Debt %
97.5%
Previous year: 98.6%
-1.1%
Cash and Equivalents
$31.9M
Previous year: $34.5M
-7.5%
Free Cash Flow
$14.9M
Total Assets
$1.62B
Previous year: $1.63B
-0.7%

Crescent Capital BDC

Crescent Capital BDC

Forward Guidance

Crescent Capital BDC did not provide specific forward guidance in the earnings report.