NASDAQ$CCAP
Crescent Capital BDC Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported net investment income and net asset value per share, and declared a regular cash dividend for the second quarter.
Crescent Capital BDC reported net investment income of $17.5 million, or $0.54 per share, for the quarter ended March 31, 2023. The net asset value per share was $19.38 at March 31, 2023. A regular cash dividend for the second quarter of 2023 of $0.41 per share was declared.
- Net investment income was $17.5 million, or $0.54 per share.
- Net asset value per share was $19.38.
- Acquired First Eagle Alternative Capital BDC, Inc.
- Declared a second quarter 2023 regular dividend of $0.41 per share.
Headline financials
Revenue & EPS history
Crescent Capital BDC · Revenue · Quarterly
$17.5M
Revenue by segment
Crescent Capital BDC · $1.57B total across 7 segments · Q1 2023
- Unitranche First Lien$934M—59.6%
- Senior Secured First Lien$446M—28.4%
- Senior Secured Second Lien$62.3M—4.0%
- LLC/LP Equity Interests$56.4M—3.6%
- Equity & Other$49.2M—3.1%
- Unitranche First Lien Last Out$13.9M—0.9%
- Unsecured Debt$4.9M—0.3%
Forward guidance
This press release contains forward-looking statements regarding Crescent BDC's future financial or business performance, strategies, or expectations, which are subject to numerous assumptions, risks, and uncertainties that may change over time.
Tailwinds
- Potential for future operating results
- Prospects of portfolio companies
- Impact of expected investments
- Contractual arrangements with third parties
- Expected financings and investments
Headwinds
- Dependence on the general economy
- Financial condition of portfolio companies
- Adequacy of cash resources
- Timing of cash flows from portfolio companies
- Impact of increased competition
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 2023
+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
| Quarter | Report date | Reaction (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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