Crescent Capital Bdc, Inc. ( (CCAP) ) has released its Q2 earnings. Here is a breakdown of the information Crescent Capital Bdc, Inc. presented to its investors.
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Crescent Capital BDC, Inc. is a business development company focused on providing capital solutions to middle market companies, aiming to maximize total return for its stockholders through current income and capital appreciation.
In its second quarter 2025 earnings report, Crescent Capital BDC, Inc. announced a net investment income of $0.46 per share and a net income of $0.41 per share. The company also declared a third-quarter base dividend of $0.42 per share, alongside a special dividend of $0.05 per share.
Key financial highlights include a net asset value per share of $19.55, a slight decrease from the previous quarter. The company reported total investment income of $43.0 million, with net realized losses of $2.9 million and a net change in unrealized gains of $1.0 million. Crescent BDC’s portfolio comprised 187 companies with a fair value of $1,600.7 million, and it invested $57.5 million in new and existing portfolio companies during the quarter.
Crescent BDC’s management has authorized a $20 million stock repurchase program, reflecting confidence in the company’s valuation. The company maintains a strong liquidity position with $26.1 million in cash and $227.2 million in undrawn credit capacity.
Looking ahead, Crescent Capital BDC, Inc. remains focused on leveraging its extensive experience and disciplined investment process to navigate market conditions and continue delivering value to its shareholders.