Welcome to our dedicated page for Goldman Sachs news (Ticker: GSBD), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs stock.
Goldman Sachs BDC, Inc. (GSBD) is a New York Stock Exchange-listed specialty finance company that operates as a business development company under the Investment Company Act of 1940. It was formed by The Goldman Sachs Group, Inc. to invest primarily in U.S. middle-market companies through secured and unsecured debt and select equity positions. The GSBD news stream highlights how this investment strategy translates into quarterly performance, portfolio activity and capital decisions.
News updates for GSBD frequently center on quarterly and annual financial results, where the company reports total investment income, net investment income per share, net asset value per share and non-GAAP measures that adjust for a purchase discount related to a prior merger. These releases also summarize portfolio composition by instrument type, the number of portfolio companies and industries represented, and the percentage of investments on non-accrual status.
Another key theme in GSBD news is distribution policy and dividends. Press releases detail base quarterly dividends, supplemental dividends and special dividends, along with record and payment dates. The company has described a distribution framework that combines a base dividend with variable supplemental distributions tied to net investment income above a set level, subject to board approval.
Investors following GSBD news will also see coverage of capital structure developments, such as amendments to the senior secured revolving credit facility and the pricing and issuance of unsecured notes, including 5.650% notes due 2030. These items explain how the company manages its leverage, liquidity and funding costs. In addition, GSBD regularly announces the scheduling of earnings releases and conference calls, providing access details for telephone and webcast participation.
For those tracking GSBD, this news flow offers ongoing insight into portfolio performance, credit quality, dividend actions and financing decisions that shape the company’s risk and return profile over time.
Goldman Sachs BDC, Inc. (GSBD) reported financial results for Q4 and FY 2022, announcing a net investment income of $0.66 per share, with an adjusted yield of 17.8%. The earnings per share for the quarter was $0.04, while net asset value per share decreased by 2.7% to $14.61. Total investments at fair value were $3.88 billion with a significant majority in senior secured debt (97.6%). A regular dividend of $0.45 per share has been declared for Q1 2023. Notably, net expenses rose to $36.9 million, influenced by increased interest rates.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will announce its financial results for the fourth quarter and fiscal year ended December 31, 2022 on February 23, 2023, post-market close. An earnings conference call is scheduled for February 24, 2023, at 9:00 am ET. All stakeholders can join via telephone or through the audio webcast available on GS BDC’s website. The company focuses on investing in middle-market firms primarily through various debt instruments and is externally managed by Goldman Sachs Asset Management.
Goldman Sachs BDC reported its Q3 2022 results, with net investment income per share at $0.60, adjusted to $0.56 when excluding purchase discount amortization. Despite a total investment income increase to $95.2 million, earnings per share fell to $(0.07). The net asset value per share decreased by 3.3% to $15.02, and the debt-to-equity ratio rose to 1.34x. The Board declared a quarterly dividend of $0.45 per share.
Net originations reached $205.3 million, with a portfolio valued at $4.054 billion, primarily in senior secured debt.
Goldman Sachs BDC, Inc. (GSBD) announced it will release its third-quarter financial results for the period ending September 30, 2022, after market close on November 3, 2022. An earnings conference call is scheduled for November 4, 2022, at 9:00 AM ET, where participants can join via telephone or audio webcast. GS BDC is regulated as a business development company and focuses on investing in middle-market companies in the U.S. It is managed by Goldman Sachs Asset Management and primarily targets secured and unsecured debt as well as select equity investments.
Goldman Sachs BDC, Inc. (GSBD) reported Q2 2022 financial results with net investment income per share of $0.49 and adjusted net investment income of $0.45, yielding an annualized return of 11.6%. The company declared a regular dividend of $0.45 per share. Total investments at fair value rose to $4.16 billion with net asset value per share declining to $15.53. The average net debt to equity ratio increased to 1.18x. Notable activity included $365.8 million in new investment commitments and a reduction in non-accrual investments to 0.4%. Earnings per share decreased to $0.18.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its second quarter financial results for the period ending June 30, 2022, after market close on August 4, 2022. An earnings conference call is scheduled for August 5, 2022, at 9:00 am ET. Interested parties can participate via telephone or an audio webcast on GS BDC’s website. The company, regulated as a business development company, focuses on investing in middle-market companies, generating income primarily through secured and unsecured debt investments.
Goldman Sachs BDC, Inc. (GSBD) reported its first-quarter results for 2022, with net investment income per share at $0.49, adjusted to $0.45 after accounting for purchase discount amortization. The Company declared a dividend of $0.45 per share for the second quarter. Total investments at fair value reached $3.93 billion, with a net asset value per share of $15.80. New investment commitments totaled $131.7 million, but total investment income declined to $78.3 million from $83.8 million. Notably, net realized and unrealized losses amounted to $9.8 million.
Goldman Sachs BDC, Inc. (NYSE: GSBD) announced that it will report its Q1 financial results for the period ending March 31, 2022, after market close on May 5, 2022. An earnings conference call is scheduled for May 6, 2022, at 9:00 AM ET. Interested parties can participate via telephone or audio webcast on GS BDC’s website. The company, regulated as a business development company, primarily invests in middle-market companies and aims to generate current income through various types of debt and equity investments.
Goldman Sachs BDC reported Q4 2021 financials with a net investment income per share of $0.56 and adjusted net investment income per share of $0.48, reflecting a 12.1% annualized yield. Earnings per share were $0.38. A first-quarter dividend of $0.45 was declared. The company’s net asset value per share decreased slightly by 0.4% to $15.86. New investment commitments totaled $722.9 million, while total investments at fair value reached $3.92 billion. The net debt to equity ratio increased to 1.14x from 0.91x, indicating rising leverage.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its fourth quarter and fiscal year results on February 24, 2022, after market close. An earnings conference call is scheduled for February 25, 2022, at 9:00 am ET to discuss these results. Interested parties may join via telephone or audio webcast available on the company's website. The call will include access details for both domestic and international participants. GS BDC, a specialty finance company, primarily invests in middle-market companies in the U.S., focusing on secured and unsecured debt.