Palmer Square reports Q1 EPS 40c, consensus 44c

Reports Q1 NAV per share $15.85. “In the first quarter of 2025, Palmer Square (PSBD) Capital BDC demonstrated the strength and flexibility of its investment strategy, rooted in both liquid credit opportunities and senior-secured private credit investments,” said Christopher D. Long, Chairman and Chief Executive Officer of PSBD. “While macro uncertainty persists, Palmer Square was purpose built to perform during times of volatility. We founded Palmer Square Capital Management in the wake of the Great Financial Crisis, and we’ve since scaled the broader platform to more than $34 billion in assets under management. Similarly, we established PSBD with a focus on shareholder alignment, providing a differentiated fee structure and prioritizing transparency in our monthly NAV and quarterly portfolio disclosure. We believe the current discount to NAV provides for great value. And, importantly, Palmer Square’s investment team is continuing to find opportunities, which we believe preserve our BDC’s leading credit quality while delivering attractive yield and creating long-term value for our fellow shareholders.”