Trinity Capital Inc Stock News

Trinity Capital, Inc. (NASDAQ:TRIN ) Q4 2024 Earnings Conference Call February 26, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Gerald Harder - COO Ronald Kundich - Chief Credit Officer Conference Call Participants Matthew Hurwit - Jefferies Doug Harter - UBS Paul Johnson - KBW Ch...

Return on Average Equity hits 17.4 % in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total Investment Income grows 31 % year-over-year PHOENIX , Feb. 26, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced its fin...

PHOENIX , Feb. 20, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partner...

PHOENIX , Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share.

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's largest diversified real estate investment managers, and Trinity Capital, a Charlotte-based commercial real estate development firm, announced today that they have commenced construction on Phase II of Horizon 16 Industrial Park, a joint venture logistics park in Savannah, GA. Phase II will focus on six buildings across 1.5 million s...

Trinity Capital posted record highs in Q3, with impressive top and bottom line growth, despite a challenging economic backdrop and flat net investment income per share. The BDC's strong portfolio quality, disciplined underwriting, and record $2 billion AUM highlight its solid growth and credit quality, despite a slight increase in leverage. Dividend coverage is solid at 106%, supported by ample...

PHOENIX , Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc.  (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack , a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and e...

PHOENIX , Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a le...