Bain Capital Specialty Finance Q4 2022 Earnings Report

Delivered strong fourth quarter earnings and full year 2022 financial results with attractive interest income and net asset value growth.

Key Takeaways

Bain Capital Specialty Finance (BCSF) announced strong fourth quarter earnings and full year 2022 financial results, driven by solid credit performance. The company's Board of Directors has declared a dividend of $0.38 per share for the first quarter of 2023.

Invested $220.7 million in 44 portfolio companies.

Principal repayments and sales totaled $162.0 million, resulting in net investment fundings of $58.7 million.

Investment portfolio had a fair value of $2,387.0 million, comprised of investments in 132 portfolio companies.

Net increase in net assets resulting from operations was $43.5 million, or $0.67 per share.

Total Revenue

$58.4M

Previous year: $51.5M