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Jun 30, 2024
Barings BDC Q2 2024 Earnings Report
Reported financial and operating results for the second quarter of 2024.
Key Takeaways
Barings BDC reported strong, stable results with net investment income meaningfully higher than the dividend and industry-leading non-accrual rates. The company made progress reducing non-core positions, providing capital for first lien, middle market loans.
Net investment income was $42.1 million, or $0.40 per share.
Net increase in net assets resulting from operations was $19.4 million, or $0.18 per share.
NAV per share as of June 30, 2024 was $11.36, compared to $11.44 as of March 31, 2024.
The company made nine new investments totaling $38.5 million and invested $40.0 million in existing portfolio companies.
Forward Guidance
Company has scheduled a conference call to discuss second quarter 2024 financial and operating results for Thursday, August 8, 2024, at 9:00 a.m. ET.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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