NYSE$BCSF

Bain Capital Specialty Finance Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Delivered solid financial results driven by stable credit quality and strengthened balance sheet.

Bain Capital Specialty Finance reported solid financial results for the second quarter of 2020, driven by stable credit quality and access to capital markets. Net increase in net assets resulting from operations was $21.8 million, or $0.40 per share.

  • Invested $49.2 million in 16 portfolio companies across 10 different industries.
  • Investment portfolio had a fair value of $2,476.0 million, comprised of investments in 109 portfolio companies operating across 30 different industries.
  • Weighted average yield on the investment portfolio at fair value was 6.9%.
  • Net increase in net assets resulting from operations for the three months ended June 30, 2020 was $21.8 million, or $0.40 per share.

Headline financials

Total Revenue

$47.9M

Previous: $50.6M-5.4%
EPS (adj)

$0.37

Previous: $0.41-9.8%
Net Income

$20M

No prior period
Cash & Equivalents

$76.7M

No prior period

Revenue & EPS history

Bain Capital Specialty Finance · Revenue · Quarterly

$47.9M

Q2 2020-5.4%vs Q2 2019
Beat estimate in 8 of 15 quarters(53%)
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 Q2 2020

Historical avgQ2 2020

+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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