Welcome to our dedicated page for Crescent Capital Bdc news (Ticker: CCAP), a resource for investors and traders seeking the latest updates and insights on Crescent Capital Bdc stock.
Overview
Crescent Capital BDC Inc (NASDAQ: CCAP) is a specialized business development company that provides capital solutions to U.S. middle-market companies. The firm employs advanced investment strategies across secured debt, unsecured debt, and related equity securities to achieve its dual objective of current income generation and capital appreciation. By integrating industry-specific expertise in debt structuring and credit analysis, Crescent Capital creates a resilient investment platform within the complex landscape of middle-market finance.
Business Model and Investment Strategy
The company is structured as an externally managed, closed-end, non-diversified investment firm that adheres to the regulatory framework of the Investment Company Act of 1940. This regulatory oversight ensures that its investment practices remain disciplined and transparent. Crescent Capital focuses on a diversified spectrum of credit instruments, including senior secured loans, unitranche financing, second lien debts, as well as mezzanine and subordinated debts. Additionally, the company invests in related equity positions to capture upside potential as part of its comprehensive approach to wealth generation.
Market Position and Industry Significance
Operating in the niche of middle-market financing, Crescent Capital occupies a vital role by bridging capital gaps that can hinder the growth of promising companies. Its strategic application of credit expertise and robust investment criteria set it apart from other capital providers in the industry. The firm leverages the extensive market experience and origination capabilities of its managing affiliate, ensuring a highly analytical and methodical approach to investment selection and portfolio management.
Investment Process and Risk Management
At the core of Crescent Capital's methodology is a disciplined investment process that combines deep market research with rigorous risk assessment. The firm carefully evaluates each opportunity within the context of market cycles, credit dynamics, and the specific growth stages of its portfolio companies. By balancing secured and unsecured debt instruments alongside equity investments, the company manages to optimize yield while mitigating downside risk. This risk-aware strategy is central to its consistent focus on generating total returns through both income and capital gains.
Operational Structure and Governance
The company operates under an externally managed framework via Crescent Cap Advisors, LLC, a subsidiary of Crescent. This structure not only enhances transparency but also leverages complementary expertise from both the parent organization and its specialized investment teams. The governance model ensures that every investment decision is supported by robust processes and comprehensive due diligence, which underscores Crescent Capital's commitment to maintaining high-quality, strategic investments.
Key Investment Themes and Sector Impact
Investment themes central to Crescent Capital include the emphasis on sustainable debt structures and reinforcing the growth potential of middle-market companies. Its portfolio reflects a careful balance of credit quality and growth orientation, reinforcing its role as an essential ally for businesses poised for expansion. The company’s approach yields a detailed understanding of the nuances in credit risk and market opportunity, thereby facilitating a more stable return profile even in volatile economic cycles.
Conclusion
Crescent Capital BDC Inc stands as a comprehensive investment platform that combines tactical credit investments with strategic equity exposures within the middle-market sector. Through a thorough, disciplined, and well-structured investment process, it continues to serve as a critical source of capital for companies with strong fundamentals and promising growth trajectories. The careful balance of risk management and yield optimization underlines its core value proposition — delivering total returns while preserving capital in a complex and competitive financial environment.
Crescent Capital BDC (NASDAQ: CCAP) has scheduled its first quarter 2025 financial results release and conference call. The company will release its Q1 2025 results on Wednesday, May 14, 2025 after market close.
A webcast/conference call will be held on Thursday, May 15, 2025 at 12:00 p.m. Eastern Time to discuss the financial results. Investors can access the conference call through the company's website at www.crescentbdc.com or by dialing toll-free (800) 715-9871 with Conference ID 1217499. A replay of the earnings call will be available via webcast on Crescent BDC's Investor Relations section of the website.
Crescent Capital BDC (NASDAQ: CCAP) reported its Q4 and full-year 2024 financial results. The company achieved net investment income of $2.40 per share and net income of $1.99 per share for the full year 2024. For Q4 2024, net investment income was $0.55 and net income was $0.27 per share.
The Board declared a Q1 2025 regular cash dividend of $0.42 per share and announced special cash dividends totaling $0.15 per share, to be paid in three quarterly installments of $0.05 each. The company's NAV per share stood at $19.98 as of December 31, 2024.
Investment income for 2024 increased to $197.4 million from $184.1 million in 2023. The company's portfolio included investments in 185 companies with an aggregate fair value of $1,598.9 million. The company maintained strong liquidity with $39.4 million in cash and $337.5 million of undrawn capacity on credit facilities.
Crescent Capital BDC (NASDAQ: CCAP) has scheduled its fourth quarter and fiscal year 2024 financial results announcement for February 19, 2025, after market close. The company will host a webcast/conference call on February 20, 2025, at 12:00 p.m. Eastern Time to discuss the results.
Interested participants can access the conference call through the Investor Relations section of Crescent BDC's website at www.crescentbdc.com or by dialing toll-free (800) 715-9871 with Conference ID 1217499. A replay of the earnings call will be available via webcast on the company's website.
Crescent Capital BDC reported Q3 2024 financial results with net investment income of $0.64 per share and net income of $0.41 per share. The company declared a Q4 base dividend of $0.42 per share and a Q3 supplemental dividend of $0.07 per share. As of September 30, 2024, the net asset value per share was $20.20, and total investments at fair value were $1.59 billion across 183 portfolio companies. Investment income increased to $51.6 million from $48.2 million year-over-year, primarily due to non-recurring income. The company maintained strong liquidity with $37.8 million in cash and $317.0 million in undrawn credit facility capacity.
Crescent Capital BDC, Inc. (NASDAQ: CCAP) has announced its schedule for releasing financial results for the third quarter ended September 30, 2024. The company will disclose its financial results on Monday, November 11, 2024 after market close. Following this, Crescent BDC will host a webcast/conference call on Tuesday, November 12, 2024 at 12:00 p.m. Eastern Time to discuss the Q3 2024 financial results.
Interested parties can access the conference call through the Investor Relations section of Crescent BDC's website at www.crescentbdc.com or by dialing the toll-free number (800) 245-3047. Callers should use the Conference ID "CRESCENT" when connected with the operator. A replay of the earnings call will be available via a webcast link on the company's Investor Relations webpage.
Crescent Capital BDC (NASDAQ: CCAP) reported its Q2 2024 earnings, with net investment income of $0.59 per share and net income of $0.55 per share. The company's net asset value per share increased to $20.30 from $20.28 in the previous quarter. The Board declared a Q3 2024 regular cash dividend of $0.42 per share and a Q2 2024 supplemental cash dividend of $0.09 per share. As of June 30, 2024, CCAP had investments in 183 portfolio companies with an aggregate fair value of $1,610.8 million. The company's debt to equity ratio was 1.18x, and it had $36.1 million in cash and cash equivalents and $293.8 million of undrawn capacity on its credit facilities.
Crescent Capital BDC (NASDAQ: CCAP) has announced the schedule for its Q2 2024 earnings release and conference call. The company will release its financial results for the quarter ended June 30, 2024, on Monday, August 12, 2024, after market close. A webcast/conference call will be held on Tuesday, August 13, 2024, at 12:00 p.m. Eastern Time to discuss these results.
Interested parties can access the conference call by dialing the toll-free number (800) 267-6316 and using the Conference ID 'CRESCENT'. The call will also be broadcast live on the Investor Relations section of Crescent BDC's website. A replay of the earnings call will be available via a webcast link on the company's website.
Crescent Capital BDC (NASDAQ: CCAP) announced it will host an Analyst & Investor Day on June 11, 2024, starting at 6:00 p.m. Eastern Time. The event will be accessible via a live video stream through the company's Investor Relations website. Crescent's leadership team will provide insights into the company's performance and investment strategies. The presentation will also be available for replay on the same site.
Crescent Capital BDC, Inc. reported strong financial performance for the first quarter of 2024, with net investment income per share of $0.63 and NAV per share of $20.28. The company also increased its quarterly dividend to $0.42 per share. Investments, total assets, and net asset value all showed positive trends. The company's portfolio remained diversified across various asset types. The quarter saw new investments and exits, with an increase in investment income. Liquidity and capital resources remained healthy, with a good debt to equity ratio. Overall, Crescent BDC demonstrated stability and growth in its financial operations.
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