Goldman Sachs BDC Inc. ( (GSBD) ) has released its Q2 earnings. Here is a breakdown of the information Goldman Sachs BDC Inc. presented to its investors.
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Goldman Sachs BDC, Inc. is a specialty finance company that primarily invests in middle-market companies in the United States, focusing on secured and unsecured debt and select equity investments. The company is externally managed by Goldman Sachs Asset Management, a subsidiary of The Goldman Sachs Group, Inc.
In its latest earnings report for the second quarter of 2025, Goldman Sachs BDC, Inc. announced a net investment income per share of $0.38 and earnings per share of $0.34. The company declared a third-quarter base dividend of $0.32 per share, a special dividend of $0.16 per share, and a second-quarter supplemental dividend of $0.03 per share.
Key financial highlights include a slight decrease in net asset value per share from $13.20 to $13.02 and a total investment portfolio valued at $3,795.6 million. The company reported new investment commitments of $247.9 million, with $126.7 million funded during the quarter. Additionally, the net debt-to-equity ratio improved slightly to 1.12x.
The company faced some challenges with investments on non-accrual status, representing 1.6% of the total investment portfolio at fair value. However, certain positions were restored to accrual status due to improved performance. The company also repurchased over a million shares for $12.1 million under a stock repurchase plan.
Looking ahead, Goldman Sachs BDC, Inc. remains focused on generating current income and capital appreciation through strategic investments in middle-market companies, while maintaining a balanced approach to managing its investment portfolio and capital resources.