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Mar 31, 2024
Trinity Capital Q1 2024 Earnings Report
Trinity Capital reported first quarter 2024 financial results, achieving record net investment income.
Key Takeaways
Trinity Capital Inc. reported a record total investment income of $50.5 million and a net investment income of $25.2 million for Q1 2024. The company's net asset value stood at $626.3 million, with a return on average equity of 16.1%.
Record total investment income of $50.5 million, a 21.5% increase year-over-year.
Record net investment income of $25.2 million, or $0.54 per basic share, a 30.1% increase year-over-year.
Net increase in net assets resulting from operations of $14.5 million, or $0.31 per basic share.
Total gross investments funded of $242.7 million.
Revenue by Segment
Forward Guidance
The company did not provide any forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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