Bain Capital Specialty Finance, Inc. reports developments for an externally managed specialty finance company and business development company focused on lending to middle-market companies. Managed by BCSF Advisors, L.P., a subsidiary of Bain Capital Credit, L.P., BCSF originates secured debt investments, including first lien, first lien/last out, unitranche and second lien loans, and also holds strategic joint venture, equity and corporate bond investments.
Recurring news covers quarterly financial results, net investment income, net asset value, portfolio fair value, non-accrual levels, investment originations, repayments and regular or special dividends. Updates also address capital-structure actions and the composition of the company’s debt and equity investment portfolio.
Bain Capital Specialty Finance (BCSF) appointed Amrit Kanwal as an independent director to its Board, effective November 4, 2026. He will serve on the Audit, Nominating and Corporate Governance, and Compensation Committees. The Board now has nine members, including six independent directors.
Kanwal also became an independent director of Bain Capital Private Credit effective November 4, 2026. That non-traded business development company is externally managed by an affiliate of BCSF’s investment adviser.
Bain Capital Specialty Finance (NYSE: BCSF) reported third-quarter 2026 net investment income of $0.43 per share, down from the prior quarter. Net investment income was $27.7 million, versus $28.6 million, while earnings per share rose to $0.26 from $0.22. Investment income declined to $59.9 million from $62.3 million; pretax expenses fell to $31.4 million from $33.0 million.
Net asset value fell to $16.49 per share from $16.65 at June 30. Net realized and unrealized losses were $11.0 million. Investment fundings of $121.5 million trailed sales and repayments of $203.1 million. Net debt-to-equity declined to 1.18x from 1.22x. Four borrowers were on non-accrual status, representing 2.2% of portfolio fair value. Credit facility commitments increased to $955.0 million from $855.0 million. The fourth-quarter $0.42 dividend is payable December 29 to holders of record December 15, 2026.
Bain Capital Specialty Finance (BCSF) will release its third-quarter financial results on November 9, 2026, after market close. The results cover the quarter ended September 30, 2026. Management will discuss the results on a conference call on November 10, 2026, at 10:00 a.m. Eastern Time. An archived replay will be available approximately three hours after the call concludes through November 24, 2026.
Bain Capital Specialty Finance (NYSE: BCSF) reported second quarter 2026 net investment income of $28.6 million, or $0.44 per share, up from $0.42 in Q1, implying a 10.5% annualized NII yield on book value. Net income was $0.22 per share, with an annualized 5.2% return on book value. The Board declared a $0.42 per share regular dividend for the third quarter of 2026, payable September 29, 2026 to stockholders of record on September 15, 2026.
Net asset value per share declined to $16.65 from $16.86 on March 31, 2026. The investment portfolio fair value was $2.36 billion across 214 companies, with 63.4% in first lien senior secured loans and 94.5% of debt investments in floating rate securities. Non-accruals rose to 3.2% of amortized cost. Ending net debt-to-equity was 1.22x, while total debt outstanding was $1.52 billion and available capacity under the Sumitomo Credit Facility was $606.0 million.
Bain Capital Specialty Finance (NYSE: BCSF) will release its financial results for the second quarter ended June 30, 2026 after market close on Monday, August 10, 2026. Management will discuss the results on a live earnings conference call and webcast on Tuesday, August 11, 2026 at 8:30 a.m. Eastern Time, with live access and replay details provided via phone and the Investor Resources section of the company’s website.
Bain Capital Specialty Finance (NYSE:BCSF) reported Q1 2026 net investment income of $27.4 million, or $0.42 per share, and net income of $0.05 per share. Net asset value per share was $16.86.
The Board declared a Q2 2026 dividend of $0.42 per share, payable June 29, 2026 to holders of record on June 15, 2026. The investment portfolio fair value was $2.47 billion, 66% in first lien senior secured loans, with non-accruals at 1.4% of cost and 0.6% of fair value. Net debt-to-equity was 1.28x, and the weighted average portfolio yield at fair value was 10.9%.
Bain Capital Specialty Finance (NYSE: BCSF) will report financial results for the first quarter ended March 31, 2026 on Monday, May 11, 2026 after market close.
Management will host a live conference call on Tuesday, May 12, 2026 at 8:30 a.m. ET with a complementary slide presentation available on the company’s Investor Resources Events & Presentations page. A replay will be available through May 26, 2026.
Bain Capital Specialty Finance (NYSE: BCSF) reported fourth-quarter and full-year 2025 results and declared a $0.42 per share dividend for Q1 2026. Key metrics: NII $0.46/sh (10.6% annualized yield on book value), EPS $0.43, NAV $17.23, and investments fair value of $2,508.4M.
The Board approved special dividends totaling $0.18/sh in Q4 and the company closed a $350.0M offering of 5.950% unsecured notes due 2031. Net debt-to-equity was 1.24x as of December 31, 2025.
Bain Capital Specialty Finance (NYSE: BCSF) will report fourth-quarter and fiscal year 2025 results on Thursday, February 26, 2026 after market close and will host a conference call on Friday, February 27, 2026 at 8:00 a.m. ET.
A slide presentation will be available on BCSF’s Investor Resources Events & Presentations page and an archived replay will be accessible through March 13, 2026.
Bain Capital Specialty Finance (NYSE: BCSF) priced an offering of $350 million aggregate principal amount of 5.950% senior notes due March 1, 2031. The offering is expected to close on or about January 29, 2026, subject to customary conditions. The notes are redeemable at the company’s option with a make‑whole premium and may be redeemed at par one month prior to maturity. The company intends to use net proceeds to repay outstanding secured indebtedness under its financing arrangements and for general corporate purposes. A shelf registration is effective and the pricing term sheet and prospectus supplement are filed with the SEC.