BKCC - Earnings announcements

GAAP Net Investment Income ("NII") was $9.3 million, or $0.13 per share, in the fourth quarter, a 3% decrease from the third quarter, and a 15% year-over-year increase from the fourth quarter of 2022. Fourth quarter NII provided dividend coverage of 128% on a GAAP basis, a decrease from prior quarter dividend coverage of 131% and up from 112% coverage in the fourth quarter of 2022. Net Asset Value ("NAV") decreased to $315.7 million as of December 31, 2023, down approximately 1% from $317.6 million as of September 30, 2023, due primarily to $3.9 million of net realized and unrealized losses on the portfolio during the quarter, partially offset by $2.0 million of NII in excess of the dec

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2023 on Tuesday, March 5, 2024 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Wednesday, March 6, 2024 to discuss its fourth quarter 2023 financial results. The Company's fourth quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the Un

GAAP Net Investment Income ("NII") was $9.5 million, or $0.13 per share, in the third quarter, a 7% increase from the second quarter, and a 24% year-over-year increase from the third quarter of 2022. Third quarter NII provided dividend coverage of 131% on a GAAP basis, an increase from prior quarter dividend coverage of 123% and up from 105% coverage in the third quarter of 2022. Net Asset Value ("NAV") increased to $317.6 million as of September 30, 2023, up 1% from $314.0 million as of June 30, 2023, driven by $2.3 million of NII in excess of the declared dividend and $1.3 million of net realized and unrealized gains on the portfolio during the quarter. NAV per share increased to $4.3

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the third quarter 2023 on Wednesday, November 8, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, November 9, 2023 to discuss its third quarter 2023 financial results. The Company's third quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from th

BlackRock TCP Capital Corp. ("TCPC") (NASDAQ:TCPC) and BlackRock Capital Investment Corporation ("BCIC") (NASDAQ:BKCC) today announced that they have entered into a definitive agreement pursuant to which BCIC will merge with and into a wholly owned, indirect subsidiary of TCPC, subject to shareholder approval and customary closing conditions. Following the merger, TCPC will continue to trade on the Nasdaq Global Select Market under the ticker symbol "TCPC" and the surviving entity will continue as a subsidiary of TCPC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906755152/en/ In connection with and in support of the transa

GAAP Net Investment Income ("NII") was $8.9 million, or $0.12 per share, in the second quarter, consistent with the first quarter NII level. Second quarter NII provided dividend coverage of 123% on a GAAP basis, an increase from the prior quarter dividend coverage of 122%. Net Asset Value ("NAV") decreased to $314.0 million as of June 30, 2023, down from $319.8 million as of March 31, 2023, driven largely by net unrealized depreciation in portfolio fair value of $7.0 million during the quarter. NAV per share decreased to $4.33 per share from $4.41 per share as of March 31, 2023. Gross deployments during the second quarter were $20.8 million, substantially all of which were in first l

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the second quarter 2023 on Wednesday, August 2, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, August 3, 2023 to discuss its second quarter 2023 financial results. The Company's second quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the

GAAP Net Investment Income ("NII") was $8.9 million, or $0.12 per share in the first quarter, representing a 9.5% increase from prior quarter NII of $8.1 million, or $0.11 per share. First quarter NII provided dividend coverage of 122% on a GAAP basis, up from the prior quarter dividend coverage of 112%. Net Asset Value ("NAV") increased to $319.8 million as of March 31, 2023, up from $318.5 million as of December 31, 2022; NAV per share increased to $4.41 per share from $4.39 per share as of December 31, 2022. Gross deployments during the first quarter were $37.6 million, substantially all of which were in first lien loans. The weighted average yield on gross deployments during the

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the first quarter 2023 on Monday, May 1, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Tuesday, May 2, 2023 to discuss its first quarter 2023 financial results. The Company's first quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the United State

GAAP Net Investment Income ("NII") was $8.1 million, or $0.11 per share in the fourth quarter, representing a 6% increase from third quarter NII of $7.7 million. Fourth quarter NII provided dividend coverage of 112%, up from third quarter dividend coverage of 105%. NII for the fourth quarter includes fee and other one-time income of approximately $0.01 per share, as compared to $0.02 per share in the prior quarter. Net Asset Value ("NAV") decreased to $318.5 million as of December 31, 2022, down 4.1% from $332.0 million as of September 30, 2022; NAV per share decreased by 3.7% to $4.39 per share from $4.56 per share as of September 30, 2022, primarily driven by net unrealized losses of $

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2022 on Wednesday, March 1, 2023 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, March 2, 2023 to discuss its fourth quarter 2022 financial results. The Company's fourth quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the Uni

Both GAAP Net Investment Income ("GAAP NII") and Adjusted Net Investment Income1 ("Adjusted NII") were $7.7 million, or $0.10 per share for the third quarter, an increase of 8% and 27% from the prior quarter, respectively, providing third quarter dividend coverage of 105%, up from 97% and 82% of GAAP dividend coverage and adjusted dividend coverage, respectively, in the prior quarter. This compares to GAAP NII and Adjusted NII of $7.1 million and $6.0 million in the prior quarter, respectively. GAAP NII and Adjusted NII for the third quarter include fee and other one-time income of approximately $0.02 per share. Net Asset Value ("NAV") decreased to $332.0 million as of September 30, 2022

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the third quarter 2022 on Thursday, November 3, 2022 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Friday, November 4, 2022 to discuss its third quarter 2022 financial results. The Company's third quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the Uni

GAAP Net Investment Income ("GAAP NII") was $7.1 million, or $0.10 per share, up 10% from the prior quarter, providing second quarter distribution coverage of 97%, up from 88% in the prior quarter. Adjusted Net Investment Income1 ("Adjusted NII") was $6.0 million, or $0.08 per share, providing second quarter adjusted distribution coverage of 82%, consistent with the prior quarter. Net Asset Value ("NAV") decreased to $335.4 million, down 3.3% from $346.9 million as of March 31, 2022; NAV per share decreased by 2.8% to $4.57 per share from $4.70 per share as of March 31, 2022, primarily driven by net unrealized losses of $(9.7) million during the quarter resulting from spread widening a

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the second quarter 2022 on Wednesday, August 3, 2022 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, August 4, 2022 to discuss its second quarter 2022 financial results. The Company's second quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the U

GAAP Net Investment Income ("GAAP NII") was $6.5 million, or $0.09 per share, up 9% from the prior quarter, providing first quarter distribution coverage of 88%, up from 80% in the prior quarter. Adjusted Net Investment Income1 ("Adjusted NII") was $6.0 million, or $0.08 per share, providing first quarter adjusted distribution coverage of 82%, down slightly from 84% in the prior quarter. GAAP NII and Adjusted NII include fee and other one-time income of $0.01 per share. Net Asset Value ("NAV") decreased slightly to $346.9 million, down 0.8% from $349.7 million at the end of 2021; NAV per share decreased by 0.6% to $4.70 per share from $4.73 per share at the end of 2021. Gross deploym

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the first quarter 2022 on Monday, May 2, 2022 before the opening of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Monday, May 2, 2022 to discuss its first quarter 2022 financial results. The Company's first quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the United State

GAAP Net Investment Income ("GAAP NII") was $5.9 million, or $0.08 per share, up 21% from the third quarter, providing fourth quarter distribution coverage of 80%, up from 66% in the third quarter. Adjusted Net Investment Income1 ("Adjusted NII") was $6.2 million, or $0.08 per share, providing fourth quarter adjusted distribution coverage of 84%, consistent with the prior quarter. GAAP NII and Adjusted NII include fee and other one-time income of $0.01 per share. Net Asset Value ("NAV") decreased slightly to $349.7 million, down 0.3% from $350.9 million at the end of the third quarter, and up 11.0% from $315.0 million at the end of 2020; NAV per share decreased by 0.2% to $4.73 per sha

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2021 on Wednesday, March 2, 2022 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, March 3, 2022 to discuss its fourth quarter 2021 financial results. The Company's fourth quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the Uni

GAAP Net Investment Income ("GAAP NII") was $4.9 million, or $0.07 per share, up 1.4% from the second quarter, providing third quarter distribution coverage of 66%, up from 65% in the second quarter. Adjusted Net Investment Income ("Adjusted NII") was $6.2 million, or $0.08 per share, up 28.1% from the second quarter, providing third quarter distribution coverage of 84%, up from 65% in the second quarter. Adjusted NII excludes the "hypothetical liquidation" basis capital gains incentive fee accrual required under GAAP of $1.3 million in the third quarter and zero in the second quarter (refer to Supplemental Information for further details). GAAP NII and Adjusted NII also benefited from f

BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the third quarter 2021 on Wednesday, November 3, 2021 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Thursday, November 4, 2021 to discuss its third quarter 2021 financial results. The Company's third quarter earnings release will be available in the investor relations section of its website, www.blackrockbkcc.com. Members of the public who are interested in participating in the teleconference should dial, from the

GAAP Net Investment Income ("NII") of $0.07 per share, or $4.8 million, was up 15.6% from the first quarter, which provided second quarter distribution coverage of 65%, an improvement from 56% in the first quarter. Net Asset Value ("NAV") increased to $347.2 million, up 7.5% from $322.9 million at the end of the first quarter of 2021; NAV per share increased 7.6% to $4.68 per share from $4.35 per share, primarily due to net realized and unrealized gains of $27.2 million during the quarter. Strong gross deployments in senior secured debt of $88.9 million with sixteen new portfolio companies added, and further progress towards reducing junior capital and non-core exposure including previ

GAAP Net Investment Income ("NII") of $0.06 per share, or $4.2 million, provided first quarter distribution coverage of 56%. Net Asset Value ("NAV") increased to $322.9 million, up 2.5% from $315.0 million; NAV per share increased 2.8% to $4.35 per share from $4.23 per share, primarily due to net realized and unrealized gains of $12.0 million during the quarter. Strong gross deployments in senior secured debt of $54.9 million and further progress towards reducing junior capital and non-core exposure, successfully exiting $52.6 million of such investments during the first quarter. Net leverage of 0.38x as of March 31, 2021, down from 0.51x as of December 31, 2020, primarily driven by

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly distribution of $0.10 per share, payable in cash on April 7, 2021 to stockholders of record at the close of business on March 17, 2021. “We are pleased to report continued transformational progress towards our goal of reducing non-core and junior capital exposure in our portfolio,” said James E. Keenan, Chairman and Interim CEO of the Company. “During and subsequent to the fourth quarter, we made significant headway in reducing this exposure. We achieved this primarily through meaningful r