Crescent Capital BDC Inc

Crescent BDC is a business development company that seeks to maximize the total return of its stockholders in the form of current income and capital appreciation by providing capital solutions to companies with sound business fundamentals and strong growth prospects.

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Crescent Capital BDC (CCAP) reports robust Q4 performance and growth opportunities

Crescent Capital BDC, Inc. (CCAP) demonstrated strong financial performance in Q4 2022, with notable increases in adjusted net investment income and total investment income.
The company's focus on a diversified portfolio, credit quality, and deleveraging efforts underscore its commitment to sustainable growth and shareholder value.
While facing potential challenges in market dynamics and operational integration, CCAP remains well-positioned to leverage opportunities for strategic expansion and value creation.

Crescent Capital BDC Inc (CCAP) reports Q1 growth and dividend program introduction

CCAP's Q1 2023 performance showed growth in adjusted net investment income but a decline in net asset value per share.
Introduction of a variable supplemental dividend program and focus on first lien investments highlight strategic strengths.
Challenges include managing spillover amounts, addressing analyst concerns, and navigating wider credit spreads.

Crescent Capital BDC (CCAP) achieves record earnings in Q2

Crescent Capital BDC (CCAP) delivered robust financial performance in Q2 2023, with a focus on core earnings strength and portfolio diversification. The company implemented a supplemental dividend program to enhance shareholder value and maintained a strong liquidity position.

Crescent Capital BDC reports record Q3 earnings and strategic growth

Crescent Capital BDC delivered strong financial performance in Q3 2023, reporting record net investment income and increased net asset value per share.
The company's focus on senior secured first lien loans and prudent risk management strategies contributed to its robust portfolio performance.
While facing market challenges and uncertainties, Crescent Capital BDC remains well-positioned with a solid liquidity position and attractive dividend yield.
Opportunities lie in capitalizing on market activity levels, maintaining disciplined investment strategies, and leveraging its strong liquidity for future growth.

Crescent Capital BDC excels in Q4 2023, eyes growth opportunities

Crescent Capital BDC demonstrates robust financial performance in Q4 2023, supported by a diversified investment portfolio.
Strategic focus on stable dividend payouts and maintaining a conservative balance sheet enhances investor confidence.
Optimism for future deal flow and opportunities in key sectors underpins growth prospects.

CCAP achieves record earnings and dividend growth, poised for expansion

CCAP's Q1 performance reflects strong earnings, dividend declarations, and NAV growth, underlining the company's financial strength and value creation for shareholders.
While maintaining a high-quality investment portfolio, CCAP faces challenges in sustaining yields, managing credit risks, and optimizing capital deployment amidst market dynamics.
Strategically leveraging opportunities for growth, market expansion, and investor engagement can further enhance CCAP's position and performance in the competitive landscape.
Overall, CCAP's solid financial metrics, prudent investment approach, and growth prospects position the company well for navigating market challenges and capitalizing on opportunities.

CCAP reports robust Q2 earnings, eyes growth amid market challenges

CCAP's Q2 performance reflects stability and strong financial health, supported by a defensive portfolio and disciplined investment approach.
While challenges like managing debt structures and market competition exist, opportunities in optimizing capitalization and exploring new strategies are present.
The company's focus on lower and core middle market investments provides a solid foundation for steady returns and portfolio growth.
Overall, CCAP's emphasis on stability, dividend coverage, and strategic investments positions it well for navigating market dynamics.

CCAP reports solid Q3 earnings, eyes growth amid market optimism

CCAP's Q3 performance showed resilience with strong NII and NAV growth, supported by a diversified investment portfolio.
While facing challenges such as lower yields and nonaccruals, CCAP's financial position remains robust with a focus on shareholder returns.
Opportunities for growth in deal activity and market conditions position CCAP for potential expansion and increased income generation in 2025.

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Crescent Capital BDC, Inc. invests in secured and unsecured debt and related equity securities. Its primary focus is originating and investing primarily in secured debt and unsecured debt, as well as related equity securities of private U.S. middle-market companies. The company was founded on February 5, 2015 and is headquartered in Los Angeles, CA.

LOS ANGELES, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or the “Company”) (NASDAQ: CCAP) today announced that it has commenced an underwritten primary offering of 2,500,000 shares of its common stock (the “Offering”). The Company also expects to grant the underwriters an option to purchase up to an additional 375,000 shares of its common stock to cover over-allotments, if any. The Offering will be made pursuant to the Company's shelf-registration statement, which was filed with and declared effective by the Securities and Exchange Commission (the “Commission”).

Crescent Capital BDC, Inc. Announces Public Offering of Common Stock

Crescent Capital BDC, Inc. (CCAP) CEO Jason Breaux on Q3 2021 Results - Earnings Call Transcript

Crescent Capital BDC (CCAP) delivered earnings and revenue surprises of 14.29% and 10.95%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Crescent Capital BDC (CCAP) Tops Q3 Earnings and Revenue Estimates

LOS ANGELES, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $12.7 million, or $0.45 per share, and Adjusted Net Investment Income of $13.5 million, or $0.48 per share,1 for the quarter ended September 30, 2021. Reported net asset value per share was $21.16 at September 30, 2021 as compared to $20.98 at June 30, 2021.

Crescent Capital BDC, Inc. Reports Third Quarter 2021 Financial Results; Declares a Fourth Quarter 2021 Regular Dividend of $0.41 per Share and a Special Dividend of $0.05 per Share

LOS ANGELES, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the third quarter ended September 30, 2021 on Wednesday, November 10, 2021 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, November 11, 2021 at 12:00 p.m. Eastern Time to discuss its third quarter ended September 30, 2021 financial results.

Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Third Quarter Ended September 30, 2021 Financial Results

Crescent Capital BDC, Inc. (CCAP) CEO Jason Breaux on Q2 2021 Results - Earnings Call Transcript

Shares of Crescent Capital BDC (NASDAQ:CCAP) moved higher by 2.1% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 15.22% over the past year to $0.53, which beat the estimate of $0.49.

Recap: Crescent Capital BDC Q2 Earnings

LOS ANGELES, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $11.0 million, or $0.39 per share, and adjusted net investment income of $14.8 million, or $0.53 per share,1 for the quarter ended June 30, 2021. Reported net asset value per share was $20.98 at June 30, 2021 as compared to $20.24 at March 31, 2021.

Crescent Capital BDC, Inc. Reports Second Quarter 2021 Financial Results; Declares a Third Quarter 2021 Regular Dividend of $0.41 per Share

LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the second quarter ended June 30, 2021 on Wednesday, August 11, 2021 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, August 12, 2021 at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2021 financial results.

Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Second Quarter Ended June 30, 2021 Financial Results

Crescent Capital BDC, Inc. (CCAP) CEO Jason Breaux on Q1 2021 Results - Earnings Call Transcript

CCAP yields 9.26%, with good 1.08X dividend coverage. It's selling at a 12.5% discount to NAV, much cheaper than BDC averages.

9% Yield, 12% Discount To NAV: Crescent Capital BDC

LOS ANGELES, May 12, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $11.4 million, or $0.41 per share, and adjusted net investment income of $13.0 million, or $0.46 per share,1 for the quarter ended March 31, 2021. Reported net asset value per share was $20.24 at March 31, 2021 as compared to $19.88 at December 31, 2020.

Crescent Capital BDC, Inc. Reports First Quarter 2021 Financial Results; Declares a Second Quarter 2021 Regular Dividend of $0.41 per Share

Crescent Capital BDC (CCAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Crescent Capital BDC (CCAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

LOS ANGELES, April 13, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the first quarter ended March 31, 2021 on Wednesday, May 12, 2021 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, May 13, 2021 at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2021 financial results.

Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2021 Financial Results

Crescent Capital BDC, Inc. (CCAP) CEO Jason Breaux on Q4 2020 Results - Earnings Call Transcript

Crescent Capital BDC (CCAP) delivered earnings and revenue surprises of 2.17% and 3.32%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Crescent Capital BDC (CCAP) Beats Q4 Earnings and Revenue Estimates

LOS ANGELES, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $49.9 million, or $1.80 per share, and a net increase in net assets resulting from operations of $54.7 million, or $1.98 per share, for the year ended December 31, 2020. For the quarter ended December 31, 2020, net investment income was $13.2 million, or $0.47 per share, and the net increase in assets resulting from operations was $34.5 million, or $1.22 per share. Reported net asset value per share was $19.88 at December 31, 2020 as compared to $19.07 at September 30, 2020.

Crescent Capital BDC, Inc. Reports Full Year and Fourth Quarter 2020 Financial Results; Declares a First Quarter 2021 Regular Dividend of $0.41 per Share

LOS ANGELES, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (the “Company,” “Crescent BDC,” or “our”) (NASDAQ: CCAP) announced today that it has agreed to issue $135 million in aggregate principal amount of 4.00% senior unsecured notes due 2026 (the “Notes”) by entering into a first supplement (the “First Supplement”) to its Note Purchase Agreement dated July 30, 2020 (the “Note Purchase Agreement”). The Notes will be issued in two closings. The initial issuance of $50 million of Notes closed today, February 17, 2021, and the issuance of the remaining $85 million of Notes is expected to occur on or before May 17, 2021, subject to customary closing conditions. The Company also announced that on February 15, 2021, it repaid $5.4 million of its outstanding InterNotes® at par, and has informed the trustee for the InterNotes® that it expects to redeem all of the remaining outstanding InterNotes® on or shortly after March 19, 2021.

Crescent Capital BDC, Inc. Announces Private Placement of $135 Million 4.00% Senior Unsecured Notes Due 2026

LOS ANGELES, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2020 on Wednesday, February 24, 2021 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, February 25, 2021 at 12:00 p.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 31, 2020 financial results.

Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2020 Financial Results

CCAP is a BDC yielding 10.5%. It's priced at an -18.14% discount to NAV/Share.

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