NYSE$BCSF

Bain Capital Specialty Finance Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Bain Capital Specialty Finance reported strong earnings driven by stable portfolio performance and progress in de-leveraging the balance sheet.

Bain Capital Specialty Finance announced its financial results for the third quarter ended September 30, 2020. The company invested $29.2 million in 16 portfolio companies and had $89.9 million of principal repayments and sales. Net investment income was $21.5 million, or $0.33 per share, and the net increase in net assets resulting from operations was $51.5 million, or $0.80 per share.

  • Invested $29.2 million in 16 portfolio companies across 10 different industries.
  • Principal repayments and sales totaled $89.9 million.
  • Net investment income was $21.5 million, or $0.33 per share.
  • Net increase in net assets resulting from operations was $51.5 million, or $0.80 per share.

Headline financials

Total Revenue

$46.8M

Previous: $52.7M-11.1%
EPS (adj)

$0.33

Previous: $0.41-19.5%
Net Income

$51.5M

No prior period
Cash & Equivalents

$45M

No prior period
Total Assets

$2.46B

No prior period

Revenue & EPS history

Bain Capital Specialty Finance · Revenue · Quarterly

$46.8M

Q3 2020-11.1%vs Q3 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 Q3 2020

Historical avgQ3 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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