The call highlighted strong net investment income, improved credit performance, and robust origination activity, indicating positive operational trends. However, challenges such as a modest decline in NAV, elevated leverage, and market uncertainty were also noted. The overall sentiment is balanced, acknowledging both positive achievements and existing challenges.

Company Guidance -

Q3 2025

During the Barings BDC, Inc. conference call for the quarter ended June 30, 2025, the company provided detailed guidance on their financial performance and strategic outlook. The call highlighted strong net investment income of $0.28 per share, an increase from $0.25 in the previous quarter, supported by robust origination activity with gross originations of nearly $200 million and net originations of $32 million. The net asset value per share was reported at $11.18, reflecting a modest decline from the prior quarter. The portfolio's weighted average yield at fair value remained at 10.1%, and the Board declared a third-quarter dividend of $0.26 per share, consistent with the previous quarter. The company emphasized its focus on senior secured financing solutions and the core middle market, with 74% of the portfolio consisting of secured investments. The nonaccrual rate improved to 50 basis points at fair value, indicating strong credit quality. Looking forward, Barings BDC expressed cautious optimism about the broader economy and anticipates increased M&A activity in the latter half of 2025, although they remain vigilant about potential false positives in activity levels.

Strong Net Investment Income

Net investment income for the quarter increased to $0.28 per share from $0.25 per share in the first quarter, driven by higher interest income, a one-time dividend, and elevated one-time fee income.

Improved Credit Performance

The nonaccrual rate improved to 0.5% at fair value, well below industry averages, indicating strong credit quality and effective portfolio management.

High Origination Activity

Gross originations were nearly $200 million with net originations of $32 million, reflecting robust deployment and consistent origination activity.

Diversified and Defensive Portfolio

74% of the portfolio consists of secured investments, with 71% in first lien securities. The focus on defensive, noncyclical sectors provides stability.

Supplemental Dividends Declared

The board declared $0.15 of supplemental dividends to be paid in three quarterly installments during 2025, alongside the regular dividend.

Barings BDC (BBDC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BBDC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.27 / -	0.29	―	―	―
Aug 07, 2025	2025 (Q2)	0.26 / 0.28	0.4	-30.00% (-0.12)
May 08, 2025	2025 (Q1)	0.28 / 0.25	0.28	-10.71% (-0.03)
Feb 20, 2025	2024 (Q4)	0.29 / 0.28	0.31	-9.68% (-0.03)
Nov 06, 2024	2024 (Q3)	0.30 / 0.29	0.31	-6.45% (-0.02)
Aug 07, 2024	2024 (Q2)	0.30 / 0.40	0.31	29.03% (+0.09)
May 07, 2024	2024 (Q1)	0.30 / 0.28	0.25	12.00% (+0.03)
Feb 22, 2024	2023 (Q4)	0.30 / 0.31	0.34	-8.82% (-0.03)
Nov 09, 2023	2023 (Q3)	0.32 / 0.31	0.26	19.23% (+0.05)
Aug 09, 2023	2023 (Q2)	0.29 / 0.31	0.29	6.90% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BBDC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$9.19	$9.60	+4.46%
May 08, 2025	$8.41	$8.27	-1.66%
Feb 20, 2025	$9.84	$10.10	+2.64%
Nov 06, 2024	$8.93	$8.94	+0.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Barings BDC (BBDC) report earnings?

Barings BDC (BBDC) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Barings BDC (BBDC) earnings time?

Barings BDC (BBDC) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BBDC EPS forecast?

BBDC EPS forecast for the fiscal quarter 2025 (Q3) is 0.27.

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