Crescent Capital BDC, Inc. Reports Third Quarter 2026 Earnings Results; Declares a Fourth Quarter Base Dividend of $0.34 Per Share and Announces a $50 Million Share Repurchase Program

(NASDAQ:CCAP) Crescent Capital BDC, Inc. reported net investment income of $0.37 per share and net income of $0.27 per share for the quarter ended September 30, 2026. Net asset value (NAV) per share was $17.72 at September 30, 2026. The Board of Directors declared a fourth quarter 2026 regular cash dividend of $0.34 per share to stockholders of record as of December 31, 2026, payable on January 15, 2027. The third and final previously announced $0.03 per share special dividend will be paid on December 15, 2026 to stockholders of record as of November 30, 2026. On November 5, 2026, the Board authorized a share repurchase program of up to $50 million of the Company’s common stock, to be executed by an independent third-party broker under a Rule 10b5-1 trading plan. Sun Life plans to purchase up to an additional $25 million of the Company’s common stock in the open market through an independent third-party broker under a Rule 10b5-1 trading plan. As of September 30, 2026, investments at fair value totaled $1,555.2 million, total assets were $1,601.4 million, and total net assets were $652.9 million. Net asset value per share was $17.72, investment income was $36.9 million, and net investment income was $13.7 million for the quarter. Net realized losses, net of taxes, were $(2.1) million, and net change in unrealized losses, net of taxes, was $(1.5) million. Net increase in net assets resulting from operations was $10.1 million. Regular distributions paid per share were $0.34 and special distributions paid per share were $0.03. The weighted average yield on income producing securities (at cost) was 9.6%, and 98.2% of debt investments were at floating rates. As of September 30, 2026, the Company had investments in 190 portfolio companies with an aggregate fair value of $1,555.2 million. The portfolio at fair value consisted of $375.8 million (24.2%) in senior secured first lien, $1,015.8 million (65.3%) in unitranche first lien, $18.5 million (1.2%) in unitranche first lien - last out, $14.4 million (0.9%) in senior secured second lien, $28.8 million (1.9%) in unsecured debt, $73.5 million (4.7%) in equity & other, and $28.4 million (1.8%) in LLC/LP equity interests. For the quarter ended September 30, 2026, the Company invested $23.5 million across three new portfolio companies and several follow-on revolver and delayed draw fundings, and had $38.7 million in aggregate exits, sales and repayments. Interest income for the quarter was $35.6 million, including $0.5 million of accelerated OID amortization related to investment repayments. Dividend income was $0.9 million, and other income was $0.4 million. Total net expenses, including income and excise taxes, were $23.2 million. As of September 30, 2026, the Company had $36.2 million in cash and cash equivalents and restricted cash, and $210.5 million of undrawn capacity on its credit facilities. The weighted average cost of debt on debt outstanding was 6.26%, and the net debt-to-equity ratio was 1.36x. As of September 30, 2026, non-controlled non-affiliated investments at fair value were $1,465,353, non-controlled affiliated investments were $30,884, and controlled investments were $58,915. Cash and cash equivalents were $12,081, and restricted cash and cash equivalents were $24,123. Total assets were $1,601,447, and total liabilities were $948,515. Common stock issued and outstanding was 36,845,952 shares. Paid-in capital in excess of par value was $955,363, and accumulated earnings (loss) were $(302,468). Net asset value per share was $17.72. For the three months ended September 30, 2026, total investment income was $36,886, expenses were $22,959, and net investment income before taxes was $13,929. Provision for income and excise taxes was $238, and net investment income was $13,691. Net realized and unrealized losses on investments were $(3,577). Net increase in net assets resulting from operations was $10,114. Net increase in net assets resulting from operations per share (basic and diluted) was $0.27, and net investment income per share (basic and diluted) was $0.37. Weighted average shares outstanding (basic and diluted) were 36,845,952.

Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends

Crescent Capital BDC, Inc. (NASDAQ: CCAP) reported net investment income of $0.42 per share and net income of ($0.42) per share for the quarter ended March 31, 2026. Net asset value (NAV) per share was $18.27 at March 31, 2026. The company reduced its base management fee from 1.25% to 1.00% and its incentive fee from 17.5% to 15.0%, effective April 1, 2026. The Board declared a second quarter 2026 regular cash dividend of $0.34 per share and special cash dividends totaling $0.09 per share, to be paid in three equal quarterly installments. As of March 31, 2026, the company had $1,562.5 million in investments at fair value and $26.6 million in cash, cash equivalents and restricted cash.