The decline in net investment income and net assets suggests potential pressure on the company's earnings power. Traders should monitor the trend in future quarters and assess whether the dividend is sustainable given the declining earnings. The stable dividend of $0.42 per share may provide some support to the stock price.
Price Chart
Executive Summary
Crescent Capital BDC reported Q4 2025 earnings with net investment income of $0.45 per share and net income of $0.23 per share. The company declared a first-quarter dividend of $0.42 per share. Full-year net investment income was $1.81 per share. Total net assets decreased to $706.0 million from $714.1 million in the prior quarter and $740.6 million in the year-ago period.
Key Financial Metrics
Key Facts
- Net investment income was $0.45 per share for Q4 2025, down from $0.46 per share in Q3 2025 and $0.55 per share in Q4 2024
- Net income was $0.23 per share for Q4 2025, down from $0.19 per share in Q3 2025 and $0.27 per share in Q4 2024
- Full-year net investment income was $1.81 per share, down from $2.40 per share in 2024
- Total net assets decreased to $706.0 million as of December 31, 2025, from $714.1 million in September 2025 and $740.6 million in December 2024
- NAV per share was $19.10 at December 31, 2025, down from $19.28 in September 2025 and $19.98 in December 2024
- Board declared a first-quarter 2026 regular cash dividend of $0.42 per share
Financial Impact
Net investment income decreased 18.2% YoY from $20.5 million to $16.5 million for the quarter, and total net assets decreased 4.7% YoY from $740.6 million to $706.0 million
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Investment income | $40.8M | -1.4% |
| Net investment income | $16.5M | -19.5% |
Risk Factors
- Continued decline in net investment income could pressure future dividends
- Decreasing NAV per share may impact investor confidence
- Portfolio fair value has been declining, from $1,598.9 million in December 2024 to $1,569.4 million in December 2025
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-070903 |
| Document: ccap-20260225.htm | 0001193125-26-070903 |
| Document: 0001193125-26-070903-index-headers.html | 0001193125-26-070903 |
| Document: 0001193125-26-070903-index.html | 0001193125-26-070903 |
| Document: 0001193125-26-070903.txt | 0001193125-26-070903 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 8w ago | Insider Cluster | $10.54 $9.50 | ▼ −9.87% | ▼ −10.13% | $8.72 (−17.27%) |
Aug 26, 2026 8w ago | Insider Cluster | $10.57 $9.58 | ▼ −9.37% | ▼ −9.59% | $8.72 (−17.50%) |
Aug 10, 2026 10w ago | 8-K | $11.44 $10.23 | ▲ +10.58% | ▲ +9.52% | $8.72 (+23.78%) |
Jun 24, 2026 17w ago | 8-K | $10.96 $10.78 | ▼ −1.64% | ▼ −2.17% | $8.72 (−20.44%) |
May 22, 2026 22w ago | Insider Cluster | $11.41 $11.21 | ▼ −1.80% | ▲ +0.15% | $8.72 (−23.58%) |
May 13, 2026 23w ago | Press Release | $11.96 $11.26 | ▼ −5.84% | ▼ −4.98% | $8.72 (−27.08%) |
Apr 27, 2026 25w ago | Press Release | $13.43 $11.44 | ▼ −14.82% | ▼ −20.29% | $8.72 (−35.07%) |
Feb 25, 2026 34w ago | 8-K | $12.82 $12.40 | ▼ −3.32% | ▲ +1.92% | $8.72 (−31.99%) |
US Market Status
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