Crescent Capital BDC, Inc. Reports Fourth Quarter 2025 Earnings Results; Declares a First Quarter Base Dividend of $0.42 Per Share
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High Materiality8/10
Information
LOS ANGELES, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. ("Crescent BDC" or "Company") (NASDAQ:CCAP) today reported net investment income of $1.81 per share and net income of $0.93 per share for the
Original sourceAI Summary
Crescent Capital BDC (CCAP) reported a net income of $0.93 per share for 2025, and a net asset value of $19.10. The decrease in both income metrics suggests potential caution for investors. However, the declared dividend for Q1 2026 may still attract income-focused investors.
Sentiment Rationale
The drop in income metrics and NAV indicates weak performance, potentially stabilizing or marginal declines in share price within the expected ranges.
Trading Thesis
Investors should monitor CCAP for potential undervaluation but tread carefully due to declining income.
Market-Moving
- CCAP's net investment income decreased by $30.1 million year-over-year.
- The dividend of $0.42 indicates continued shareholder returns despite decreasing income.
- Aggregate investments declined, raising concerns about future returns.
- The firm's debt to equity ratio stands at 1.25x, indicating leverage.
Key Facts
- CCAP reported $1.81 net investment income per share for 2025.
- Net income per share was $0.93, showing a decrease from 2024.
- NAV per share stands at $19.10 as of December 31, 2025.
- CCAP declared a dividend of $0.42 per share for Q1 2026.
- Total investments declined to $1.57 billion compared to previous year.
Companies Mentioned
- First Eagle Logan JV, LLC: Crescent's investment income from this company decreased significantly impacting overall revenue.
Corporate Developments
This falls under Corporate Developments as it delivers key financial metrics, affecting investor expectations and valuations.