NASDAQ$GBDC

Golub Capital BDC Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results for the fourth fiscal quarter ended September 30, 2022.

Golub Capital BDC, Inc. reported net investment income per share of $0.32 and earnings per share of $0.05 for the quarter ended September 30, 2022. The net asset value per share decreased to $14.89 at September 30, 2022 from $15.14 at June 30, 2022.

  • Net investment income per share for the quarter ended September 30, 2022 was $0.32.
  • Adjusted Net Investment Income Before Accrual for Capital Gain Incentive Fee for the quarter ended September 30, 2022 was $0.33.
  • Net realized and unrealized loss per share for the quarter ended September 30, 2022 was $0.27.
  • Earnings per share for the quarter ended September 30, 2022 was $0.05 as compared to $0.09 for the quarter ended June 30, 2022.

Headline financials

Total Revenue

$120M

Previous: $81.1M+47.5%
EPS (adj)

$0.33

Previous: $0.30+10.0%
NAV per Share

$14.89

Previous: $15.19-2.0%
Net Income

$8.08M

Previous: $71.6M-88.7%
Operating Income

$54M

No prior period
Cash & Equivalents

$117M

Previous: $176M-33.2%
Total Assets

$5.68B

Previous: $5.16B+10.0%

Revenue & EPS history

Golub Capital BDC · Revenue · Quarterly

$120M

Q4 2022+47.5%vs Q4 2021
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

Golub Capital BDC · $5.45B total across 4 segments · Q4 2022

  • One Stop
    $4.67B+20.3%
  • Senior Secured
    $473M-39.7%
  • Equity
    $278M+49.6%
  • Junior Debt
    $27.1M-35.6%

Forward guidance

No specific forward guidance was provided in the excerpt.

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 2022

Historical avgQ4 2022

-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

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