Bain Capital Specialty Finance, Inc. Stock News

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the first quarter ended March 31, 2025.

We take a look at the action in business development companies through the second week of April and highlight some of the key themes we are watching. BDCs experienced a 3% decline this week, with volatility at its highest since COVID; traded volumes matched COVID levels. The trade war and market meltdown are causing growth slowdowns and inflation, potentially leading to Fed rate cuts.

BCSF delivered a 1.8% total NAV return in Q4 and an 11.2% return for the year. Despite a slight drop in net investment income, BCSF maintains high dividend coverage with a low interest expense supporting income. Portfolio quality remains strong with low non-accruals and improved internal ratings, though Q4 saw a net realized loss due to a second-lien hospitality loan.

BCSF is a top BDC with a first-lien-focused portfolio, low accruals, and strong diversification, but remains underfollowed. BCSF's stock price has dropped ~13%, making it an attractive entry point given its robust value proposition. Despite a potentially decreasing interest rate environment, BCSF's dividends are well-covered, with a current regular coverage rate of 118%.

Bain Capital Specialty Finance operates as a business development company that continues to demonstrate high-quality characteristics. The portfolio's diversity and 84% first lien structure provide a defensive measure, ensuring high repayment priority and reducing capital loss risk. Despite a slight premium to NAV, BCSF remains attractive due to strong earnings, low non-accruals, and potential f...

Bain Capital Specialty Finance, Inc. (NYSE:BCSF ) Q4 2024 Earnings Conference Call February 28, 2025 8:00 AM ET Company Participants Katherine Schneider - Managing Director-Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Operator Good day, everyone and welcome to the B...

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, 2024, and that its Board of Directors (the “Board”) has declared a dividend of $0.42 per share for the first quarter of 2025 and has also declared additional dividends totaling $0.12 per share for 202...

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the fourth quarter ended Dec. 31, 2024 on Thurs., Feb. 27, 2025 after market close.