Trinity Capital Q3 2021 Earnings Report
Key Takeaways
Trinity Capital Inc. reported a robust third quarter with total investment income reaching $21.8 million, a 61.1% year-over-year increase. Net investment income was $11.1 million, or $0.42 per share, marking a 98.0% increase year-over-year. The investment portfolio's fair value increased by 13.3% from the previous quarter, reaching $677.2 million.
Total investment income increased by 61.1% year-over-year to $21.8 million.
Net investment income rose by 98.0% year-over-year to $11.1 million, or $0.42 per share.
The investment portfolio's fair value grew by 13.3% from the previous quarter to $677.2 million.
A dividend distribution of $0.33 per share was declared for the third quarter, up 13.8% from Q2 2021.
Trinity Capital
Trinity Capital
Forward Guidance
Trinity Capital is positioned to capitalize on its momentum and drive prudent portfolio growth to maximize returns for shareholders.