Bain Capital Specialty Finance Inc

Bain Capital Specialty Finance is a business development company. They structure, monitor, and manage each of their portfolio companies' investments. They provide services in private equity, credit, public equity, venture capital, and real estate.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BCSF reports robust earnings, boosts dividend, eyes growth opportunities

BCSF delivered solid financial performance in Q4 2022 and for the full year, with strong returns on equity and book value.
The company's focus on portfolio strength, dividend growth, and maintaining dry powder for investments positions it well for future opportunities.
While challenges like market risks and economic uncertainties exist, BCSF's strategic approach and industry expertise offer avenues for growth and resilience.

BCSF reports robust Q1 earnings amidst market challenges and opportunities

BCSF delivered strong financial performance in Q1 2023, marked by significant growth in net investment income and total investment income.
Despite market challenges such as lower activity and increased volatility, the company's portfolio companies maintained stable credit quality.
With opportunities to optimize loan structures and explore new investments, BCSF is positioned to navigate market uncertainties and drive future growth.
Investors can be optimistic about BCSF's performance, supported by a growing investment portfolio and improved NAV per share.

Bain Capital Specialty Finance excels in Q2 2023 earnings call

Bain Capital Specialty Finance delivered robust Q2 results, marked by strong net investment income growth and stable portfolio credit quality.
The company's strategic investments and increased dividend reflect confidence in performance and commitment to shareholder value.
While challenges like market dynamics and risk management persist, opportunities in expanding loan volumes and strategic partnerships offer avenues for growth.

Bain Capital Specialty Finance excels in Q3, eyes middle-market growth

Bain Capital Specialty Finance delivered robust Q3 results, exceeding dividend expectations and showcasing strong financial performance.
While facing competitive challenges in the private credit market, the company remains well-positioned to capitalize on opportunities.
Management's commitment to shareholder value and effective capital management underpins a positive outlook for future growth.
Maintaining a focus on prudent risk management and strategic investments will be key to navigating potential challenges and seizing opportunities.

Bain Capital Specialty Finance excels in Q3, eyes growth opportunities

BCSF's Q3 performance reflects a robust financial position, marked by strong income generation, prudent risk management, and strategic growth initiatives.
The company's solid asset quality, liquidity, and growth in originations underscore its resilience and potential for sustained performance in the market.
While challenges like bond maturities and market uncertainties persist, BCSF's strengths and opportunities position it favorably for future success and value creation.

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Bain Capital Specialty Finance, Inc. is a closed-end, non-diversified management investment company. It engages in the business of capitalizing on opportunities within advisor’s senior direct lending strategy, which seeks to provide risk-adjusted returns and current income to its stockholders by investing primarily in middle-market companies. The company was founded on October 5, 2015 and is headquartered in Boston, MA.

BCSF is currently underway with shrinking its discount to NAV with this figure currently at 8%. The BDC is paying out a 10.4% dividend yield that is 143% covered by fiscal 2023 second quarter net investment income. A supplemental dividend program or end of year special will likely be announced before the end of the year on the back of healthy spillover income.

Bain Capital Specialty Finance: I'm Buying The 10.5% Dividend Hike And NAV Growth

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the second quarter ended June 30, 2023, and that its Board of Directors has declared a dividend of $0.42 per share for the third quarter of 2023. “Our net investment income increased 20% quarter-over-quarter driven by the continued benefits of higher interest rates across our well-diversified portfolio of largely senior secured, floating rate loans,” sai.

Bain Capital Specialty Finance, Inc. Announces June 30, 2023 Financial Results and Declares Third Quarter 2023 Dividend of $0.42 per Share

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the second quarter ended June 30, 2023 on Tuesday, August 8, 2023 after market close. Management will host a conference call on Wednesday, August 9, 2023 at 8:30 a.m. Eastern Time to discuss the Company's financial results. Conference Call Information: A conference call to discuss the Company's financial results will be held live at 8:30 a.m. Eastern.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Second Quarter Ended June 30, 2023

Bain Capital Specialty Finance is paying an 11.2% forward annualized dividend yield. Its portfolio had a fair value of $1.12 billion at the end of its first quarter, with the BDC currently trading at a 28% discount to its NAV. Net investment income for the first quarter grew by 47% over its year-ago comp and covered the most recent dividend by 132%.

Bain Capital Specialty Finance: The Fat 11.2% Yield Is Secured

Bain Capital has reached out to Chindata Group with a $2.93 billion takeover offer, the IT service management company said Wednesday.  Bain's proposal values US-listed shares of Chindata at $8 each, a premium of 27% over its Tuesday closing price.

Bain Capital moves to complete its takeover of Chinese data center firm with $2.93B offer

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Katherine Schneider - Investor Relations Michael Ewald - Chief Executive Officer Michael Boyle - President Sally Dornaus - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Derek Hewett - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Bain Capital Specialty Finance First Quarter ended March 31st, 2023 Earnings Conference Call. At this time, all lines are in listen-only mode.

Bain Capital Specialty Finance, Inc. (BCSF) Q1 2023 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the first quarter ended March 31, 2023, and that its Board of Directors has declared a dividend of $0.38 per share for the second quarter of 2023. “Our first quarter earnings demonstrated strong investment income benefitting from higher base rates and spreads across our portfolio of largely senior secured, floating rate loans and continued credit stabili.

Bain Capital Specialty Finance, Inc. Announces March 31, 2023 Financial Results and Declares Second Quarter 2023 Dividend of $0.38 per Share

Bain Capital is seeking to raise $4 billion for a new global "special situations fund" as the U.S. firm sees an opportunity to snap up distressed investments in a broad range of asset classes, two people familiar with the matter said.

Exclusive: Bain Capital seeks to raise $4 bln for new global special situations fund - sources

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the first quarter ended March 31, 2023 on Tuesday, May 9, 2023 after market close. Management will host a conference call on Wednesday, May 10, 2023 at 8:30 a.m. Eastern Time to discuss the Company's financial results. Conference Call Information: A conference call to discuss the Company's financial results will be held live at 8:30 a.m.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the First Quarter Ended March 31, 2023

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q4 2022 Earnings Conference Call March 1, 2023 8:30 AM ET Company Participants Katherine Schneider - Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Sally Dornaus - Chief Financial Officer Conference Call Participants Arren Cyganovich - Citi Paul Johnson - KBW Operator Greetings and welcome to the Bain Capital Specialty Finance Fourth Quarter and Fiscal Year Earnings Conference Call. At this time, all participants are in a listen only mode.

Bain Capital Specialty Finance, Inc. (BCSF) Q4 2022 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022, and that its Board of Directors has declared a dividend of $0.38 per share for the first quarter of 2023.

Bain Capital Specialty Finance, Inc. Announces December 31, 2022 Financial Results and Declares First Quarter 2023 Dividend of $0.38 per Share

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced that Kroll Bond Rating Agency, LLC (“KBRA”) has assigned the Company an investment grade rating of BBB and Stable outlook.

Bain Capital Specialty Finance, Inc. Receives Investment Grade Rating from KBRA

BOSTON--( BUSINESS WIRE )--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the fourth quarter and fiscal year ended December 31, 2022 on Tuesday, February 28, 2023 after market close. Management will host a conference call on Wednesday, March 1, 2023 at 8:30 a.m. Eastern Time to discuss the Company's financial results.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2022

American Equity Investment Life

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What do you call a stock that has a great earnings growth history, yet sells for modest price?

The Bunny Portfolio Has Averaged 13.6% Per Year

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Katherine Schneider - Investor Relations Michael Ewald - Chief Executive Officer Michael Boyle - President Sally Dornaus - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Operator Good day and welcome to the Bain Capital Specialty Finance Third Quarter Ended September 30, 2022 Earnings Conference Call. Today's conference is being recorded.

Bain Capital Specialty Finance, Inc. (BCSF) Q3 2022 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the third quarter ended September 30, 2022, and that its Board of Directors has declared a dividend of $0.36 per share for the fourth quarter of 2022.

Bain Capital Specialty Finance, Inc. Announces September 30, 2022 Financial Results and Declares Fourth Quarter 2022 Dividend of $0.36 per Share

Bain Capital Specialty Finance's yield has risen to 11%. There are portfolio issues that I see with BCSF, and the dividend is just barely covered by net investment income.

Bain Capital Specialty Finance: An 11.2% Yield Trap

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the third quarter ended September 30, 2022 on Wednesday, November 9, 2022 after market close.

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Third Quarter Ended September 30, 2022

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Payout ratio isn't among the top of the list for most investors when they analyze a stock for investment, but it is an important indicator of what stage of business a company is in.

These Are 10 Asset Management Companies With A High Payout Ratio

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Katherine Schneider - IR Michael Ewald - CEO Sally Dornaus - CFO Michael Boyle - President Conference Call Participants Ryan Lynch - KBW Operator Good day, and welcome to the Bain Capital Specialty Finance Second Quarter ended June 30, 2022, Earnings Conference Call. Today's conference is being recorded.

Bain Capital Specialty Finance, Inc. (BCSF) CEO Michael Ewald on Q2 2022 Results - Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the second quarter ended June 30, 2022, and that its Board of Directors has declared a dividend of $0.34 per share for the third quarter of 2022. “We remain focused on executing our strategy of investing in senior secured loans to high-quality middle-market companies, which generated higher net investment income for our shareholders this quarter,” said M

Bain Capital Specialty Finance, Inc. Announces June 30, 2022 Financial Results and Declares Third Quarter 2022 Dividend of $0.34 per Share

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the second quarter ended June 30, 2022 on Wednesday, August 3, 2022 after market close. Management will host a conference call on Thursday, August 4, 2022 at 8:30 a.m. Eastern Time to discuss the Company's financial results. Conference Call Information: A conference call to discuss the Company's financial results will be held live at 8:30 a.m. Easter

Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Second Quarter Ended June 30, 2022

Bain Capital Specialty Finance trades at a large discount to book value of 19%. The BDC, at the moment, has a very well performing, first lien-focused portfolio.

Bain Capital Specialty Finance: Avoid This 9.8% Yielding BDC

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Katherine Schneider – Investor Relations Michael Ewald – Chief Executive Officer Sally Dornaus – Chief Financial Officer Conference Call Participants Finian O'Shea – Wells Fargo Ryan Lynch – KBW Operator Good day, and welcome to the Bain Capital Specialty Finance First Quarter Ended March 31, 2022 Earnings Conference Call. Today's conference is being recorded.

Bain Capital Specialty Finance, Inc. (BCSF) CEO Michael Ewald on Q1 2022 Results - Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced financial results for the first quarter ended March 31, 2022, and that its Board of Directors has declared a dividend of $0.34 per share for the second quarter of 2022. “We are pleased to deliver strong first quarter earnings results driven by solid net investment income and net gains, reflecting the continued improving credit quality across our diversified portfolio,” said M

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