NYSE$BCSF

Bain Capital Specialty Finance Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Bain Capital Specialty Finance reported strong first quarter earnings results driven by solid net investment income and net gains, reflecting the continued improving credit quality across its diversified portfolio.

Bain Capital Specialty Finance announced financial results for the first quarter ended March 31, 2022. The company invested $371.0 million in 42 portfolio companies. Net increase in net assets resulting from operations for the three months ended March 31, 2022 was $33.7 million, or $0.52 per share.

  • Invested $371.0 million in 42 portfolio companies.
  • Net investment income was $21.7 million or $0.34 per share.
  • Net increase in net assets resulting from operations was $33.7 million, or $0.52 per share.
  • Declared a dividend of $0.34 per share for the second quarter of 2022.

Headline financials

Total Revenue

$46M

Previous: $49.8M-7.7%
EPS (adj)

$0.34

Previous: $0.34+0.0%
Net Income

$33.7M

Previous: $31.8M+6.0%
Operating Income

$21.7M

Previous: $22.1M-1.8%
Cash & Equivalents

$80.8M

Previous: $37.7M+114.3%

Revenue & EPS history

Bain Capital Specialty Finance · Revenue · Quarterly

$46M

Q1 2022-7.7%vs Q1 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

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 Q1 2022

Historical avgQ1 2022

+0.7%

Avg return

Earnings day

+1.7%

Avg return

5 days after

+1.0%

Avg return

30 days after

59%

17 / 29 earnings

Positive

+7.3%

Q1 2020

Best reaction

-3.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.1%-2.3%-6.2%
Q4 2025+0.8%+0.0%-5.2%
Q3 2025-1.7%-0.2%+4.2%
Q1 2025+0.3%-0.7%+1.4%
Q4 2024+3.2%-4.4%-9.5%
Q3 2024+2.7%+3.9%+3.1%
Q2 2024-1.4%-1.4%+10.2%
Q1 2024-0.4%+0.4%+1.2%
Q4 2023+0.4%+1.4%+1.2%
Q3 2023-2.3%-2.3%-4.0%
Q2 2023+2.5%+2.7%+6.2%
Q1 2023+4.5%+7.1%+14.6%
Q4 2022+0.8%+4.2%-9.3%
Q3 2022+2.7%+5.9%+1.5%
Q2 2022-0.6%+0.8%+0.3%
Q1 2022-1.0%-2.9%-6.5%
Q4 2021-3.3%-0.4%+0.3%
Q3 2021+2.0%+2.9%+0.5%
Q2 2021-0.1%+1.1%+0.0%
Q1 2021+0.1%+0.6%+0.5%
Q4 2020+0.1%+4.7%+9.4%
Q3 2020+4.5%+12.4%+31.6%
Q2 2020+3.8%+6.1%+3.6%
Q1 2020+7.3%+16.3%+27.4%
Q4 2019-0.4%+0.1%-42.5%
Q3 2019+0.6%+0.5%+3.4%
Q2 2019+0.7%+0.0%+3.4%
Q1 2019-0.1%-3.7%-6.0%
Q4 2018-3.2%-4.7%-4.2%
Q4 2017

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