NYSE$BCSF
Bain Capital Specialty Finance Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced financial results for the second quarter and declared a third quarter dividend of $0.42 per share.
Bain Capital Specialty Finance reported solid earnings for Q2 2024, driven by high net investment income and stable credit quality. The company strengthened its capital position by increasing commitments to its revolving credit facility and extending the maturity date.
- Net investment income (NII) per share was $0.51, equating to an annualized NII yield on book value of 11.6%.
- Net income per share was $0.45, equating to an annualized return on book value of 10.2%.
- Net asset value per share as of June 30, 2024 was $17.70, as compared to $17.70 as of March 31, 2024.
- Investments on non-accrual declined to 1.2% and 1.0% of the total investment portfolio at amortized cost and fair value, respectively, as of June 30, 2024, as compared to 1.7% and 1.0% of the total investment portfolio at amortized cost and fair value, respectively, as of March 31, 2024.
Headline financials
Revenue & EPS history
Bain Capital Specialty Finance · Revenue · Quarterly
$31.3M
Forward guidance
No specific forward guidance was provided in the press release.
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 2024
+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
| Quarter | Report date | Reaction (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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