The earnings call highlighted a strong financial performance with improvements in key financial metrics, increased dividends, and strategic expansions. However, there were challenges with competitive pressures affecting spreads and a slight decline in NAV per share.

Company Guidance

During the Capital Southwest First Quarter Fiscal Year 2026 earnings call, the company provided detailed guidance on its financial performance and strategic initiatives. Key metrics highlighted include a reduction in the investment portfolio's weighted average debt to EBITDA from 3.5x to 3.4x, a decrease in the investment revenue PIK rate from 7.6% to 5.8%, and a reduction in the nonaccrual rate from 1.7% to 0.8% at fair value. The company reported a corporate leverage of 0.82x and a weighted average yield on debt investments of 11.8%. Pretax net investment income was reported at $0.61 per share, and $27.2 million in realized gains from two equity investment exits increased the undistributed taxable income balance to $1 per share. The Board declared total dividends of $0.64 per share for the September quarter, comprising $0.58 in regular dividends and a $0.06 supplemental dividend. Capital Southwest also received final approval for a second SBIC license, allowing access to $175 million in additional SBA debentures, and increased its existing corporate credit facility by $25 million to $510 million. The company raised $42 million in equity proceeds at a weighted average share price of $20.50 per share, representing 123% of the prevailing NAV per share. The guidance reflects a conservative underwriting approach amid uncertain market conditions, with $115 million in new commitments during the quarter. The company's equity co-investment portfolio was marked at 125% of cost, reflecting $33.2 million in embedded unrealized appreciation. The call also highlighted the potential impact of the Access to Small Business Investor Capital Act on the BDC sector, which could enhance trading volumes by exempting funds from including acquired fund fees and expenses in prospectus fee tables.

Strong Balance Sheet Improvement

Reduced investment portfolio weighted average debt to EBITDA from 3.5x to 3.4x, investment revenue PIK rate from 7.6% to 5.8%, and nonaccrual rate from 1.7% to 0.8%.

Increased Dividend Payout

Transitioned regular dividend payment from quarterly to monthly, with a total of $0.58 in regular dividends and a $0.06 quarterly supplemental dividend declared.

SBA License and Credit Facility Expansion

Received approval for a second SBIC license, allowing access to $175 million in additional SBA debentures, and increased ING-led corporate credit facility by $25 million to $510 million.

Successful Equity Exits

Harvested $27.2 million in realized gains from two equity investment exits, increasing undistributed taxable income balance.

Robust New Commitments and Originations

Generated $115 million in new commitments, with significant add-on financings and a promising pipeline for future deals.

Capital Southwest (CSWC) 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

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CSWC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2026 (Q2)	0.58 / -	0.66	―	―	―
Aug 06, 2025	2026 (Q1)	0.60 / 0.59	0.63	-6.35% (-0.04)
May 14, 2025	2025 (Q4)	0.61 / 0.54	0.66	-18.18% (-0.12)
Feb 04, 2025	2025 (Q3)	0.62 / 0.63	0.7	-10.00% (-0.07)
Oct 28, 2024	2025 (Q2)	0.65 / 0.66	0.69	-4.35% (-0.03)
Aug 05, 2024	2025 (Q1)	0.65 / 0.63	0.65	-3.08% (-0.02)
May 14, 2024	2024 (Q4)	0.66 / 0.66	0.66	0.00% (0.00)
Jan 29, 2024	2024 (Q3)	0.66 / 0.70	0.62	12.90% (+0.08)
Oct 30, 2023	2024 (Q2)	0.65 / 0.69	0.52	32.69% (+0.17)
Aug 07, 2023	2024 (Q1)	0.64 / 0.65	0.49	32.65% (+0.16)

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

CSWC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$22.44	$22.31	-0.58%
May 14, 2025	$19.98	$19.90	-0.40%
Feb 04, 2025	$20.63	$21.08	+2.18%
Oct 28, 2024	$23.15	$22.03	-4.84%

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 Capital Southwest Corp. (CSWC) report earnings?

Capital Southwest Corp. (CSWC) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Capital Southwest Corp. (CSWC) earnings time?

Capital Southwest Corp. (CSWC) earnings time is at Nov 03, 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 CSWC EPS forecast?

CSWC EPS forecast for the fiscal quarter 2026 (Q2) is 0.58.

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