NASDAQ$CCAP
Crescent Capital BDC Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Crescent Capital BDC reported Q4 2025 net investment income of $0.45 per share and net income of $0.23 per share, with NAV of $19.10.
Crescent Capital BDC (CCAP) posted Q4 2025 net investment income of $0.45 per share and net income of $0.23 per share. Full-year 2025 NII was $1.81 per share and net income $0.93 per share with NAV per share of $19.10 at year-end. The board declared a Q1 2026 regular dividend of $0.42 per share payable April 15, 2026. The BDC invests in middle-market direct lending through Crescent's platform.
- Q4 NII $0.45/share; net income $0.23/share; NAV $19.10.
- Full-year NII $1.81/share covers base dividend policy.
- Q1 2026 dividend $0.42/share declared.
- Middle-market credit focus via Crescent underwriting platform.
Headline financials
Revenue & EPS history
Crescent Capital BDC · Revenue · Quarterly
$40.8M
Revenue by segment
Crescent Capital BDC · $1.56B total across 7 segments · Q3 2023
- Unitranche First Lien$939M—60.0%
- Senior Secured First Lien$445M—28.4%
- Senior Secured Second Lien$57.6M—3.7%
- LLC/LP Equity Interests$54.2M—3.5%
- Equity & Other$49M—3.1%
- Unitranche First Lien Last Out$13.8M—0.9%
- Unsecured Debt$6.3M—0.4%
Forward guidance
BDCs typically do not give annual EPS guidance; CCAP signaled continued dividend coverage from net investment income and portfolio spread income.
Tailwinds
- NII exceeds base dividend on full-year basis.
- Established middle-market lending franchise and underwriting.
- NAV stability around $19.10 supports book value anchor.
Headwinds
- Credit cycle risk in middle-market borrowers.
- Net income below NII due to realized/unrealized marks.
- Rising base rates affect borrower stress and non-accruals.
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 Q4 2025
+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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro