The earnings call highlights strong capital deployment and an attractive yield relative to market benchmarks, with a diversified and high-quality portfolio. However, challenges such as a decrease in total investment income and portfolio fair value, along with ongoing net realized and unrealized losses, are notable. Despite these challenges, the strategic positioning and potential growth in European investments provide a positive outlook.

Company Guidance

During Palmer Square Capital BDC's Second Quarter 2025 Earnings Call, the company reported several key financial metrics and strategic highlights. The team deployed $92.4 million of capital and generated total and net investment income of $31.7 million and $13.8 million, respectively. They delivered net investment income of $0.43 per share and paid a $0.42 per share dividend, including a $0.06 supplemental distribution. The net asset value (NAV) per share was reported at $15.68, slightly down from the previous quarter. The portfolio yielded 12.12% as of July, compared to other benchmarks like the leveraged loan index at 7.97% and the high-yield index at 7.08%. The firm's total investment portfolio had a fair value of approximately $1.28 billion and was diversified across 39 industries. The debt-to-equity ratio stood at 1.51x, with total net assets of $505.2 million. The BDC's strategy focuses on senior secured liquid credit and opportunistic private credit investments, leveraging its global platform to access high-quality opportunities.

Strong Capital Deployment and Income Generation

Deployed $92.4 million of capital and generated total and net investment income of $31.7 million and $13.8 million, respectively. Delivered net investment income of $0.43 per share and paid a $0.42 per share second quarter total dividend.

Attractive Yield Relative to Market

PSBD was yielding 12.12% as of the end of July, significantly higher than the leveraged loan index yielding 7.97%, the high-yield index yielding 7.08%, and the 10-year treasury yielding 4.37%.

Portfolio Diversification and High Credit Quality

Total investment portfolio had a fair value of $1.28 billion across 39 industries. Portfolio is 96% senior secured with an average hold size of approximately $5.1 million. Nonaccruals declined during the quarter, representing just 0.19% of the portfolio at fair value.

European Investments as a Source of Value

New loans sourced from European investment team totaled 18% of overall new investments, highlighting strength in accessing high-quality investment opportunities.

Palmer Square Capital BDC Inc. (PSBD) 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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PSBD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.41 / -	0.48	―	―	―
Aug 06, 2025	2025 (Q2)	0.41 / 0.43	0.48	-10.42% (-0.05)	―	―
May 07, 2025	2025 (Q1)	0.44 / 0.40	0.52	-23.08% (-0.12)	―	―
Feb 27, 2025	2024 (Q4)	0.47 / 0.45	0.57	-21.05% (-0.12)	―	―
Nov 05, 2024	2024 (Q3)	0.48 / 0.48	0.567	-15.34% (-0.09)	―	―
Aug 08, 2024	2024 (Q2)	0.50 / 0.48	0.94	-48.94% (-0.46)	―	―
May 07, 2024	2024 (Q1)	0.49 / 0.52	1.14	-54.39% (-0.62)	―	―
Feb 28, 2024	2023 (Q4)	0.54 / 0.57	0.07	714.29% (+0.50)	―	―

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

PSBD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$14.03	$14.11	+0.57%
May 07, 2025	$12.34	$11.85	-3.97%
Feb 27, 2025	$14.44	$14.57	+0.90%
Nov 05, 2024	$14.65	$14.67	+0.14%

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 Palmer Square Capital BDC Inc. (PSBD) report earnings?

Palmer Square Capital BDC Inc. (PSBD) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Palmer Square Capital BDC Inc. (PSBD) earnings time?

Palmer Square Capital BDC Inc. (PSBD) earnings time is at Nov 11, 2025, Before Open (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 PSBD EPS forecast?

PSBD EPS forecast for the fiscal quarter 2025 (Q3) is 0.41.

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