NYSE$BBDC

Barings Bdc Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported financial and operating results.

Barings BDC reported total investment income of $55.6 million and net investment income of $31.8 million, or $0.29 per share.

  • Net investment income was $31.8 million, or $0.29 per share.
  • Net decrease in net assets resulting from operations was $25.0 million, or $0.23 per share.
  • NAV per share as of June 30, 2022 was $11.41, as compared to $11.86 as of March 31, 2022.
  • Board of Directors declared a third quarter dividend of $0.24 per share.

Headline financials

Total Revenue

$55.6M

Previous: $33.2M+67.7%
EPS (adj)

$0.29

Previous: $0.22+31.8%
Weighted Average Yield on Performing Debt Investments

7.6%

No prior period
Debt-to-Equity Ratio

1.23

No prior period
Net Income

-$25M

No prior period
Operating Income

$31.8M

No prior period
Cash & Equivalents

$138M

No prior period
Total Assets

$2.83B

No prior period

Revenue & EPS history

Barings BDC · Revenue · Quarterly

$55.6M

Q2 2022+67.7%vs Q2 2021
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Revenue by segment

Barings BDC · $32.1M total across 3 segments · Q1 2022

  • Non-Control / Non-Affiliate
    $31.6M
  • Control Investments
    $273K
  • Affiliate Investments
    $172K

Forward guidance

Barings BDC has scheduled a conference call to discuss second quarter 2022 financial and operating results for Wednesday, August 10, 2022, at 9:00 a.m. ET.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+1.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-1.2%

Avg return

30 days after

71%

15 / 21 earnings

Positive

+6.0%

Q2 2024

Best reaction

-3.9%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-3.2%-6.2%
Q4 2025+0.9%-2.3%-10.5%
Q3 2025-0.7%-1.5%-2.1%
Q1 2025+1.0%+3.1%+3.3%
Q4 2024+2.7%-3.0%-8.7%
Q3 2024+3.1%+2.7%+2.7%
Q2 2024+6.0%+3.7%+3.5%
Q1 2024-1.9%+0.9%+2.2%
Q4 2023+5.8%+8.6%-0.8%
Q3 2023-3.9%-3.8%-6.2%
Q2 2023+5.8%+7.1%+5.1%
Q1 2023-2.4%-3.2%+7.1%
Q4 2022+0.3%+0.7%-9.9%
Q3 2022+2.9%+1.1%-3.1%
Q2 2022+2.1%+2.7%-5.0%
Q1 2022+1.5%+0.4%+1.1%
Q4 2021+0.6%+0.8%-3.3%
Q3 2021+0.7%+0.0%-4.6%
Q2 2021+2.7%+2.9%+3.5%
Q1 2021+1.3%+0.4%+3.2%
Q4 2020-0.2%+0.9%+3.8%

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