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Palmer Square Capital BDC Inc. (PSBD)
NYSE:PSBD
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.4Last Year’s EPS
0.48Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 9.99%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments and challenges. While the company showcased strong capital deployment, transparency in reporting, and a low level of nonaccruals, it also faced a decrease in NAV and net investment income, along with unrealized losses due to market volatility. The sentiment is balanced between the highlights and lowlights.Company Guidance
During Palmer Square Capital BDC's First Quarter 2025 Earnings Call, the company provided guidance on several key financial metrics and strategic approaches. The team deployed $104.3 million of capital, reporting total and net investment income of $31.2 million and $12.9 million, respectively, with net investment income per share at $0.40. The company declared a $0.39 per share first-quarter dividend, including a $0.03 supplemental distribution. Palmer Square's NAV per share was announced at $15.85 for March, maintaining a commitment to transparency by being the only public BDC to disclose monthly NAV. The firm emphasized its ability to adapt to volatile market conditions, highlighted by a robust credit management strategy and a diverse portfolio with a fair value of $1.33 billion. Despite recent market turbulence, Palmer Square reiterated its strategic focus on capturing value across corporate and structured credit, supported by a substantial $34 billion in assets under management and a shareholder-friendly fee structure. The company also reported a debt-to-equity ratio of 1.50x and maintained strong liquidity with $229.5 million in available liquidity. The management team noted ongoing market challenges but expressed confidence in navigating future uncertainties through its nimble portfolio and strategic investment approach.Capital Deployment and Investment Income
In the first quarter, the team deployed $104.3 million of capital and generated total and net investment income of $31.2 million and $12.9 million, respectively, with a net investment income of $0.40 per share.
Monthly NAV Disclosure
Palmer Square Capital BDC remains the only public BDC to disclose monthly NAV, providing real-time visibility into the health and value of the portfolio, with the March NAV per share at $15.85.
Dividend Payout
The company paid a $0.39 per share first quarter total dividend, which includes a $0.03 supplemental distribution, and announced a second quarter base dividend of $0.36 per share.
Low Nonaccruals and PIK Income
The portfolio has among the industry's lowest levels of PIK income and nonaccruals, with nonaccruals representing just 0.24% of fair value.
Portfolio Diversity and Quality
The portfolio is 96% senior secured with a fair value of approximately $1.33 billion across 39 industries, and the 10 largest investments account for just 10.19% of the overall portfolio.
PSBD Earnings History
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 |
|---|---|---|---|
May 07, 2025 | $12.71 | $12.20 | -4.01% |
Feb 27, 2025 | $14.87 | $15.00 | +0.87% |
Nov 05, 2024 | $15.08 | $15.11 | +0.20% |
Aug 08, 2024 | $14.90 | $14.93 | +0.20% |
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 Aug 07, 2025, TBA Not Confirmed.
What is Palmer Square Capital BDC Inc. (PSBD) earnings time?
Palmer Square Capital BDC Inc. (PSBD) earnings time is at Aug 07, 2025, TBA Not 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 (Q2) is 0.4.