NASDAQ$CCAP

Crescent Capital BDC Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Crescent Capital BDC reported net investment income for the quarter ended March 31, 2021.

Crescent Capital BDC reported a net investment income of $11.4 million, or $0.41 per share, and an adjusted net investment income of $13.0 million, or $0.46 per share, for the quarter ended March 31, 2021. The net asset value per share was $20.24 at the end of the quarter.

  • Net investment income was $11.4 million, or $0.41 per share.
  • Adjusted net investment income was $13.0 million, or $0.46 per share.
  • Net asset value per share was $20.24.
  • A regular cash dividend for the second quarter 2021 of $0.41 per share was declared.

Headline financials

Total Revenue

$20.6M

No prior period
EPS (adj)

$0.46

No prior period
Floating Rate Debt %

98.4%

No prior period
Debt to Equity Ratio

0.86

No prior period
Net Income

$11.4M

No prior period
Cash & Equivalents

$2.26M

No prior period
Total Assets

$1.08B

No prior period

Revenue & EPS history

Crescent Capital BDC · Revenue · Quarterly

$20.6M

Q1 2021
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Revenue by segment

Crescent Capital BDC · $987M total across 6 segments · Q1 2021

  • Unitranche First Lien
    $468M
  • Senior Secured First Lien
    $365M
  • Senior Secured Second Lien
    $81.6M
  • LLC/LP Equity Interests
    $53.6M
  • Unitranche First Lien Last Out
    $13.9M
  • Unsecured Debt
    $5.1M

Forward guidance

Crescent BDC will host a webcast/conference call on Thursday, May 13, 2021, to discuss its financial results for the quarter ended March 31, 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.4%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.4%

Avg return

30 days after

57%

13 / 23 earnings

Positive

+5.4%

Q4 2022

Best reaction

-4.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-16.1%-14.9%
Q4 2025-0.5%+1.1%-7.2%
Q3 2025-4.5%-6.3%+5.1%
Q1 2025-4.5%-5.2%-11.2%
Q4 2024-4.7%-8.6%-11.8%
Q3 2024+3.1%+4.2%+9.3%
Q2 2024-0.2%+2.0%+1.5%
Q1 2024+2.5%+2.5%+7.3%
Q4 2023+3.5%+2.6%+7.4%
Q3 2023-0.2%+1.2%+1.6%
Q2 2023+0.1%+2.4%-0.2%
Q1 2023+0.5%+1.6%+4.1%
Q4 2022+5.4%+7.3%-5.8%
Q3 2022-0.5%-2.9%-5.4%
Q2 2022+1.8%+6.4%+4.9%
Q1 2022-4.0%-3.8%-2.7%
Q4 2021-2.5%-0.9%+1.5%
Q3 2021+2.8%+2.7%-6.4%
Q2 2021+1.3%+0.5%-0.1%
Q1 2021+0.6%+7.6%+5.4%
Q4 2020+0.9%+5.6%+8.6%
Q3 2020+5.2%+1.3%+10.4%
Q2 2020+3.6%+3.2%+7.2%
Q4 2019
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q3 2015
Q2 2015

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