Sep 30, 2020

Main Street Capital Q3 2020 Earnings Report

Main Street Capital Corporation announced its financial results, reporting a net investment income of $0.46 per share and distributable net investment income of $0.50 per share for the third quarter of 2020.

Key Takeaways

Main Street Capital Corporation announced third quarter 2020 results with net investment income of $0.46 per share and distributable net investment income of $0.50 per share. The company's net asset value was $21.52 per share at September 30, 2020.

Net investment income of $30.5 million (or $0.46 per share)

Distributable net investment income of $33.0 million (or $0.50 per share)

Total investment income of $52.0 million

Net asset value of $21.52 per share at September 30, 2020, representing an increase of $0.67 per share, or 3.2%, compared to $20.85 per share at June 30, 2020

Total Revenue
$52M
Previous year: $60.1M
-13.5%
EPS
$0.46
Previous year: $0.62
-25.8%
Middle Market Fair Value
$441M
Middle Market Portfolio Count
42
LMM Portfolio Count
70
Cash and Equivalents
$27.1M
Total Assets
$2.66B

Main Street Capital

Main Street Capital

Main Street Capital Revenue by Segment

Forward Guidance

Company believes that their conservative capital structure and significant liquidity position will allow them to continue to manage through the current challenges caused by the pandemic and to successfully execute on their pipeline of attractive lower middle market and private loan investment opportunities.