Trinity Capital Inc.
Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with an additional office in Lutherville-Timonium, Maryland.
IPO Year: 2021
Exchange: NASDAQ
Website: trincapinvestment.com
Peers
Recent Analyst Ratings for Trinity Capital Inc.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/2/2024 | $13.00 | Equal Weight → Underweight | Wells Fargo |
| 8/22/2023 | $15.50 | Neutral → Buy | Compass Point |
| 8/7/2023 | $15.00 | Underperform → Mkt Perform | Keefe Bruyette |
| 7/5/2023 | $15.00 | Buy | Jefferies |
| 3/13/2023 | $13.50 → $11.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 11/7/2022 | $30.00 | Positive → Neutral | Susquehanna |
| 11/4/2022 | $16.00 → $12.50 | Outperform → Mkt Perform | Keefe Bruyette |
| 10/27/2022 | $18.00 → $12.75 | Buy → Neutral | Compass Point |
| 9/16/2022 | $14.50 | Buy | B. Riley Securities |
| 7/25/2022 | $16.00 → $14.50 | Overweight → Equal Weight | Wells Fargo |
Trinity Capital Inc. Press Releases
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Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the First Quarter of 2025
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of First Quarter 2025 Dividend: Declaration Date March 1
Trinity Capital Inc. Expands Institutional Fundraising Efforts with Appointment of Zach Taffet
PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Mr. Taffet brings nearly a decade of experience in capital raising and investor relations, most recently as a member of BlackRock's Infrastructure Capital Formation Team for their
Trinity Capital Inc. Expands Life Sciences Presence to East Coast with John Orlando as Managing Director
PHOENIX, March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry. "We are thrilled to welcome John to our team," said Rob Lake, Senior Managing Director, Life Sciences at Trinity Capital. "We believe his industry experience and deep relationsh
Trinity Capital Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
Return on Average Equity hits 17.4% in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total Investment Income grows 31% year-over-year PHOENIX, Feb. 26, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Total investment income of $70.8 million, an increase of 48.1% year-over-yearNet inves
Trinity Capital Inc. Provides $15 Million in Growth Capital to Cagent Vascular Inc.
PHOENIX, Feb. 20, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in 2024. Cagent Vascular is a medical device company pioneering innovative vascular treatment technologies. The company's flagship product, Serranator®, helps improve angioplasty procedu
Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024
PHOENIX, Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share. Trinity Capital's preliminary estimate of its net asset value per share as of December 31, 2024 is in the range of $13.32 to $13.37. Trinity Capital's preliminary estimate of its investm
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
PHOENIX, Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack, a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and easily set up pay-over-time options. Wisetack is integrated into the software tools that home service businesses already use, making it easy for the businesses to start offering their custome
Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
PHOENIX, Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, Morningstar DBRS is the fourth-largest credit rating agency in the world and a marke
Trinity Capital Inc. Provides $30 Million in Growth Capital to Elucent Medical
PHOENIX, Jan. 27, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies. Elucent amplifies the field of surgical guidance, transforming standard instruments into smart tools with In-Body Spatial Intelligence™, giving physicians true 3D surgical awareness for unmatched precision. Based in Eden Prairie, Minnesota, Elucent developed
Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates
PHOENIX, Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2024: Wednesday, February 26, 2025, at 12:00 p.m. ETFirst quarter 2025: Wednesday, May 7, 2025, at 12:00 p.m. ETSecond quarter 2025: Wednesday, August 6, 2025, at 12:00 p.m. ETThird quarter 2025: Wednesday, November 5, 2025, at 12:00 p.m. ETFourth
Trinity Capital Inc. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Trinity Capital downgraded by Wells Fargo with a new price target
Wells Fargo downgraded Trinity Capital from Equal Weight to Underweight and set a new price target of $13.00
Trinity Capital upgraded by Compass Point with a new price target
Compass Point upgraded Trinity Capital from Neutral to Buy and set a new price target of $15.50
Trinity Capital upgraded by Keefe Bruyette with a new price target
Keefe Bruyette upgraded Trinity Capital from Underperform to Mkt Perform and set a new price target of $15.00
Jefferies initiated coverage on Trinity Capital with a new price target
Jefferies initiated coverage of Trinity Capital with a rating of Buy and set a new price target of $15.00
Trinity Capital downgraded by Keefe Bruyette with a new price target
Keefe Bruyette downgraded Trinity Capital from Mkt Perform to Underperform and set a new price target of $11.00 from $13.50 previously
Trinity Capital downgraded by Susquehanna with a new price target
Susquehanna downgraded Trinity Capital from Positive to Neutral and set a new price target of $30.00
Trinity Capital downgraded by Keefe Bruyette with a new price target
Keefe Bruyette downgraded Trinity Capital from Outperform to Mkt Perform and set a new price target of $12.50 from $16.00 previously
Trinity Capital downgraded by Compass Point with a new price target
Compass Point downgraded Trinity Capital from Buy to Neutral and set a new price target of $12.75 from $18.00 previously
B. Riley Securities resumed coverage on Trinity Capital with a new price target
B. Riley Securities resumed coverage of Trinity Capital with a rating of Buy and set a new price target of $14.50
Trinity Capital downgraded by Wells Fargo with a new price target
Wells Fargo downgraded Trinity Capital from Overweight to Equal Weight and set a new price target of $14.50 from $16.00 previously
Trinity Capital Inc. Insider Purchases
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
Director Zacharia Michael bought $79,744 worth of shares (5,560 units at $14.34), increasing direct ownership by 34% to 22,102 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Director Zacharia Michael bought $10,385 worth of shares (790 units at $13.15), increasing direct ownership by 5% to 16,542 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Executive Chairman Brown Steve Louis bought $253,951 worth of shares (19,350 units at $13.12), increasing direct ownership by 3% to 722,182 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
CEO, President and CIO Brown Kyle Steven bought $101,226 worth of shares (7,562 units at $13.39), increasing direct ownership by 0.79% to 964,832 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Director Estes Ronald E. bought $27,185 worth of shares (2,000 units at $13.59), increasing direct ownership by 8% to 25,836 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Director Estes Ronald E. bought $20,976 worth of shares (1,500 units at $13.98), increasing direct ownership by 7% to 23,836 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Director Estes Ronald E. bought $8,418 worth of shares (597 units at $14.10), increasing direct ownership by 2% to 29,238 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
CEO, President and CIO Brown Kyle Steven bought $49,542 worth of shares (3,500 units at $14.15), increasing direct ownership by 0.36% to 975,298 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Brown Kyle Steven bought $49,993 worth of shares (3,354 units at $14.91), increasing direct ownership by 0.41% to 821,477 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Brown Kyle Steven bought $40,007 worth of TRIN (2,786 units at $14.36), increasing direct ownership by 0.34% to 830,708 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Trinity Capital Inc. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
Executive Chairman Brown Steve Louis was granted 25,353 shares and covered exercise/tax liability with 28,455 shares, decreasing direct ownership by 0.37% to 845,428 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
CEO, President and CIO Brown Kyle Steven covered exercise/tax liability with 32,093 shares, decreasing direct ownership by 3% to 1,019,285 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Chief Credit Officer Kundich Ronald covered exercise/tax liability with 5,548 shares, decreasing direct ownership by 2% to 220,576 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Chief Operating Officer Harder Gerald covered exercise/tax liability with 7,399 shares, decreasing direct ownership by 3% to 285,493 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
CFO and Treasurer Testa Michael covered exercise/tax liability with 4,971 shares, decreasing direct ownership by 5% to 101,617 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
GC, CCO, and Secretary Stanton Sarah covered exercise/tax liability with 3,940 shares, decreasing direct ownership by 3% to 144,970 units (SEC Form 4)
4 - Trinity Capital Inc. (0001786108) (Issuer)
Estes Ronald E. increased direct ownership by 2% to 25,836 units (SEC Form 5)
5 - Trinity Capital Inc. (0001786108) (Issuer)
Amendment: Chief Credit Officer Kundich Ronald was granted 41,379 shares, increasing direct ownership by 22% to 226,124 units (SEC Form 4)
4/A - Trinity Capital Inc. (0001786108) (Issuer)
Amendment: GC, CCO, and Secretary Stanton Sarah was granted 46,897 shares, increasing direct ownership by 46% to 148,910 units (SEC Form 4)
4/A - Trinity Capital Inc. (0001786108) (Issuer)
Amendment: Executive Chairman Brown Steve Louis was granted 137,838 shares, increasing direct ownership by 19% to 848,530 units (SEC Form 4)
4/A - Trinity Capital Inc. (0001786108) (Issuer)
Trinity Capital Inc. SEC Filings
Trinity Capital Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
8-K - Trinity Capital Inc. (0001786108) (Filer)
Amendment: SEC Form SCHEDULE 13G/A filed by Trinity Capital Inc.
SCHEDULE 13G/A - Trinity Capital Inc. (0001786108) (Subject)
SEC Form 10-K filed by Trinity Capital Inc.
10-K - Trinity Capital Inc. (0001786108) (Filer)
Trinity Capital Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - Trinity Capital Inc. (0001786108) (Filer)
Trinity Capital Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
8-K - Trinity Capital Inc. (0001786108) (Filer)
Trinity Capital Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Trinity Capital Inc. (0001786108) (Filer)
SEC Form EFFECT filed by Trinity Capital Inc.
EFFECT - Trinity Capital Inc. (0001786108) (Filer)
SEC Form 424B3 filed by Trinity Capital Inc.
424B3 - Trinity Capital Inc. (0001786108) (Filer)
Amendment: SEC Form N-2/A filed by Trinity Capital Inc.
N-2/A - Trinity Capital Inc. (0001786108) (Filer)
SEC Form 25-NSE filed by Trinity Capital Inc.
25-NSE - Trinity Capital Inc. (0001786108) (Subject)
Trinity Capital Inc. Leadership Updates
Live Leadership Updates
Trinity Capital Inc. Expands Institutional Fundraising Efforts with Appointment of Zach Taffet
PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Mr. Taffet brings nearly a decade of experience in capital raising and investor relations, most recently as a member of BlackRock's Infrastructure Capital Formation Team for their
Trinity Capital Inc. Expands Life Sciences Presence to East Coast with John Orlando as Managing Director
PHOENIX, March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry. "We are thrilled to welcome John to our team," said Rob Lake, Senior Managing Director, Life Sciences at Trinity Capital. "We believe his industry experience and deep relationsh
Trinity Capital Inc. Expands Life Sciences Operations with Appointment of Joshua Ruben as Managing Director
PHOENIX, July 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the appointment of Josh Ruben as Managing Director of Life Sciences. Mr. Ruben, an established leader with over a decade of experience in investment banking, has a long track record of supporting life science companies with over $50 billion of transactions completed across M&A and capital raises. He is based in Phoenix, AZ. "We are delighted to welcome Josh to our team," said
Trinity Capital Inc. Expands Operations into Europe
Appoints Craig Fox to Lead New Venture PHOENIX, May 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its strategic expansion into Europe with the appointment of London-based Craig Fox as Managing Director. This initiative aligns with the Company's long-term vision of supporting high-growth companies globally. By establishing a dedicated European team, Trinity aims to capitalize on the growing momentum and venture capital activity in the r
Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires
New business to provide growth capital for private-equity-backed companies PHOENIX, May 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed companies across a range of industries. "We see the ability to leverage our market knowl
Trinity Capital Inc. Further Expands East Coast Presence with Appointment of Brendan Carr as Director
PHOENIX, Jan. 23, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the strategic expansion of its origination team with the appointment of Brendan Carr as Director of Tech Lending, based in Boston. Bringing a wealth of experience from over a decade in the venture banking sphere, Mr. Carr has a vast network of industry connections and a proven track record of working with companies as they ramp up their operations. "We are delighted to welcome Br
Trinity Capital Inc. Continues Life Sciences Growth, Hires Industry Veteran Ryan Kaeding as Managing Director
PHOENIX, Dec. 18, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the appointment of Ryan Kaeding as Managing Director, Life Sciences in San Diego, California. Mr. Kaeding, a veteran in the venture ecosystem, has been supporting venture capital-backed growth-stage companies for 20+ years. "We are thrilled to welcome Ryan to our team in San Diego," said Rob Lake, Senior Managing Director, Life Sciences at Trinity. "His expertise is expected to b
Trinity Capital Inc. Announces CEO Transition: Steve Brown to Assume Role of Executive Chairman, Kyle Brown Named CEO, Effective January 2024
PHOENIX, Sept. 6, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that as part of the Company's long-term succession plan, its Board of Directors has named Kyle Brown as Chief Executive Officer, effective January 1, 2024. At the same time, Trinity's current CEO, Steve Brown, will become Executive Chairman of the Board of Directors. This carefully designed leadership transition reflects the vision and planning of the Company's management
Trinity Capital Inc. Expands East Coast Presence with Appointment of Andrew Ghannam as Managing Director
PHOENIX, June 29, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the strategic expansion of its origination team with the appointment of Andrew Ghannam as Managing Director of Tech Lending, based in New York. A seasoned executive, Mr. Ghannam brings over a decade of experience in the venture banking sphere, a vast network of industry connections and a proven track record of fostering growth and innovation in the New York market. "We are excite
Trinity Capital Inc. Expands its Life Sciences Vertical
Appoints Igor DaCruz as Managing Director and Opens San Diego Office PHOENIX, June 26, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the continued expansion of its life sciences team with the appointment of Igor DaCruz as Managing Director, Life Sciences, and the opening of a new office in the San Diego area. "This expansion is part of Trinity's strategic vision to become a comprehensive solutions provider offering a wide range of financial p
Trinity Capital Inc. Financials
Live finance-specific insights
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the First Quarter of 2025
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of First Quarter 2025 Dividend: Declaration Date March 1
Trinity Capital Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
Return on Average Equity hits 17.4% in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total Investment Income grows 31% year-over-year PHOENIX, Feb. 26, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Total investment income of $70.8 million, an increase of 48.1% year-over-yearNet inves
Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024
PHOENIX, Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share. Trinity Capital's preliminary estimate of its net asset value per share as of December 31, 2024 is in the range of $13.32 to $13.37. Trinity Capital's preliminary estimate of its investm
Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
PHOENIX, Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, Morningstar DBRS is the fourth-largest credit rating agency in the world and a marke
Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates
PHOENIX, Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2024: Wednesday, February 26, 2025, at 12:00 p.m. ETFirst quarter 2025: Wednesday, May 7, 2025, at 12:00 p.m. ETSecond quarter 2025: Wednesday, August 6, 2025, at 12:00 p.m. ETThird quarter 2025: Wednesday, November 5, 2025, at 12:00 p.m. ETFourth
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Fourth Quarter of 2024
20th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, Dec. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending December 31, 2024. This is an equivalent dividend compared to the third quarter of 2024 and marks the 20th consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of Fourth
Trinity Capital Inc. Announces Stock Repurchase Program
PHOENIX, Nov. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its board of directors has authorized a program for the purpose of repurchasing up to $30 million worth of the Company's common stock. Under the repurchase program, Trinity may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that Trinity complies with applicable policies and laws, including certain price, mar
Trinity Capital Inc. Reports Third Quarter 2024 Financial Results
Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Record total investment income of $61.8 million, an increase of 33.2% year-over-yearRecord net investment income ("NII") of $29.4 milli
Trinity Capital Inc. Closes $142.5 Million Notes Offering
PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced it has closed a private notes offering totaling $142.5 million in aggregate principal amount of unsecured Series A Notes (as defined below). "We are pleased by this transaction being oversubscribed from the launch amount of $100 million," said Kyle Brown, Chief Executive Officer of Trinity Capital. "This additional capital positions us for continued growth, reinforcing our com
Trinity Capital Inc. Originates a Record $635 Million in the Third Quarter of 2024
Record $459 million of fundings in the third quarter of 2024 PHOENIX, Oct. 8, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced a portfolio update for the third quarter of 2024. Trinity originated a record $635 million of investments in the third quarter of 2024, bringing total new commitments for the first three quarters of 2024 to $1.2 billion. Additionally, Trinity funded a record $459 million of total investments in the third quarter. "We