NASDAQ$GBDC

Golub Capital BDC Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fiscal year 2021 fourth quarter financial results.

Golub Capital BDC, Inc. reported GAAP net income and Adjusted Net Income of $71.6 million or $0.42 per share for the fourth fiscal quarter of 2021. GAAP net investment income was $46.3 million or $0.27 per share and Adjusted Net Investment Income was $51.7 million or $0.30 per share. GAAP net realized and unrealized gain was $25.3 million or $0.15 per share and Adjusted Realized and Unrealized Gain/(Loss) was $20.2 million or $0.12 per share.

  • Net investment income per share for the quarter ended September 30, 2021 was $0.27.
  • Adjusted Net Investment Income Per Share for the quarter ended September 30, 2021 was $0.30.
  • Earnings per share for the quarter ended September 30, 2021 was $0.42.
  • Net asset value per share increased to $15.19 at September 30, 2021 from $15.06 at June 30, 2021.

Headline financials

Total Revenue

$81.1M

Previous: $72M+12.6%
EPS (adj)

$0.30

Previous: $0.28+7.1%
NAV per Share

$15.19

Previous: $14.33+6.0%
Net Income

$71.6M

Previous: $94.6M-24.3%
Cash & Equivalents

$176M

Previous: $24.6M+614.7%
Total Assets

$5.16B

Previous: $4.44B+16.2%

Revenue & EPS history

Golub Capital BDC · Revenue · Quarterly

$81.1M

Q4 2021+12.6%vs Q4 2020
Beat estimate in 3 of 16 quarters(19%)
ActualEstimate

Revenue by segment

Golub Capital BDC · $4.89B total across 4 segments · Q4 2021

  • One Stop
    $3.88B+3783.0%
  • Senior Secured
    $785M+1926.9%
  • Equity
    $186M+7195.3%
  • Junior Debt
    $42M

Forward guidance

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.

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 2021

Historical avgQ4 2021

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-2.2%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+2.9%

Q4 2022

Best reaction

-3.8%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-2.0%-3.8%-3.7%
Q1 2026+1.5%-1.3%-5.2%
Q4 2026-0.1%+2.1%-0.7%
Q2 2025+0.6%+2.3%+6.4%
Q1 2025-2.3%+0.1%-4.1%
Q4 2024-1.9%-1.4%-4.1%
Q3 2024-0.8%-2.2%+1.2%
Q2 2024-0.4%-0.9%-4.6%
Q1 2024-1.0%+0.5%+3.3%
Q4 2023+2.0%+1.9%+0.5%
Q3 2023+2.4%+5.2%+0.9%
Q2 2023-1.0%-1.7%+0.8%
Q1 2023-3.8%-2.1%-10.6%
Q4 2022+2.9%+6.0%-2.8%
Q3 2022-1.2%-0.1%-5.2%
Q2 2022-0.1%-4.5%-9.3%
Q1 2022+0.8%-0.6%-7.0%
Q4 2021+1.1%+2.4%+2.8%
Q4 2020+1.3%-0.6%-1.3%

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