NASDAQ$TCPC
BlackRock TCP Capital Corp · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
BlackRock TCP Capital Corp. announced its third quarter financial results, featuring net investment income of $0.49 per share and declared a fourth quarter dividend of $0.34 per share along with a special dividend of $0.25 per share.
BlackRock TCP Capital Corp. reported a strong quarter with net investment income of $28.3 million, or $0.49 per share. The company's investment portfolio consisted of debt and equity positions in 143 portfolio companies with a total fair value of approximately $1.6 billion.
- Net investment income for the quarter was $28.3 million, or $0.49 per share.
- Net asset value per share was $12.72 at September 30, 2023, compared to $12.94 at June 30, 2023.
- Total acquisitions during the quarter were $92.4 million, and total dispositions were $125.6 million.
- Board of directors declared a fourth quarter regular dividend of $0.34 per share and a special dividend of $0.25 per share.
Headline financials
Revenue & EPS history
BlackRock TCP · Revenue · Quarterly
$28.2M
Forward guidance
The transaction is subject to approval by our and BCIC’s stockholders, customary regulatory approvals and other closing conditions. Assuming these conditions are satisfied, the transaction is expected to close in the first calendar quarter of 2024.
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 Q3 2023
+0.9%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+0.8%
Avg return
30 days after
63%
12 / 19 earnings
Positive
+11.7%
Q3 2024
Best reaction
-10.5%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -3.2% | -15.8% | |
| Q4 2025 | -9.3% | -8.4% | -23.7% | |
| Q3 2025 | +4.7% | +3.6% | +10.5% | |
| Q1 2025 | +7.4% | +15.3% | +18.3% | |
| Q4 2024 | -9.6% | -12.7% | -14.5% | |
| Q3 2024 | +11.7% | +11.9% | +20.4% | |
| Q2 2024 | -8.2% | -12.6% | -8.4% | |
| Q1 2024 | +2.1% | +3.7% | +9.9% | |
| Q4 2023 | -5.5% | -5.5% | -6.5% | |
| Q3 2023 | +6.6% | +5.7% | +12.9% | |
| Q2 2023 | +6.9% | +5.4% | +3.7% | |
| Q1 2023 | +5.6% | +6.4% | +9.5% | |
| Q4 2022 | -10.5% | -8.1% | -20.8% | |
| Q3 2022 | +10.7% | +12.7% | +10.2% | |
| Q2 2022 | +1.2% | +4.4% | +2.1% | |
| Q1 2022 | +0.7% | -0.5% | -1.3% | |
| Q4 2021 | +1.8% | +1.3% | +4.6% | |
| Q3 2021 | -0.5% | -0.1% | -5.3% | |
| Q4 2020 | +2.3% | +7.8% | +10.4% |
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