BARINGS BDC, INC. BBDC

8.67 0.05 0.58% as of 25 Sep
Market cap
$902.6M
P/E
10.4×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.62%

Capital & Financial Ratios

Market Cap 902.57
Revenue 266.14
Net Income 87.11
Free Cash Flow 304.74
Net Debt 207.33
Current Ratio 0.09
Debt/Equity 0.24
P/E ratio 10.45
P/S ratio 3.41
P/B ratio 0.79
Past 5Y EPS Growth 20.29%
This Y EPS Growth (7.18%)
Next Y EPS Growth (2.85%)
Next 5Y EPS Growth (7.66%)
in millions of $

Dividends

Payout Ratio 1.18
Annual Dividend Rate 1.04
Annual Dividend Yield 11.62%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.04
0.26
0.26
0.26
2025 1.16
0.05
0.26
0.26
0.26
2024 1.04
0.26
0.26
0.26
0.26
2023 1.02
0.25
0.25
0.26
0.26
2022 0.95
0.23
0.24
0.24
0.24
2021 0.82
0.19
0.20
0.21
0.22
2020 0.65
0.16
0.16
0.16
0.17
2019 0.54
0.12
0.13
0.14
0.15
2018 2.21
0.30
1.78
1.78
0.03
0.10
2017 1.65
0.45
0.45
0.45
0.30
2016 1.89
0.54
0.45
0.45
0.45
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 71 91 67 70
Receivables 52 40 41 38
Inventory — — — —
Other — — — —
130 142 118 109
2023 2024 2025 Q'26
Payables 21 38 35 31
ST’ Debt — — — —
Other — — — —
742 1,049 1,238 1,149
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 8.70% 31.49% 8.41%
Cash Flow 0.00% 0.00% 23.00%
Earnings 7.85% 65.63% 179.24%
Book Value 8.61% 10.09% (0.89%)

Revenue

Mar Jun Sep Dec Year
’26 61 65 — — —
’25 64 74 72 68 279
’24 70 75 71 71 286
’23 67 75 71 76 289
’22 44 56 56 63 219
’21 31 33 35 37 135
’20 19 16 16 20 71
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 68 16 — — —
’25 (8) (53) 16 205 161
’24 5 138 24 (45) 122
’23 (92) 65 (35) 139 77
’22 (19) 6 122 (23) 86
’21 (85) (54) 23 (281) (397)
’20 36 84 (115) (223) (218)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 68 16 — — —
’25 (8) (53) 16 205 161
’24 5 138 24 (45) 122
’23 (92) 65 (35) 139 77
’22 (19) 6 122 (23) 86
’21 (85) (54) 23 (281) (397)
’20 36 84 (115) (223) (218)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.19 0.18 — — —
’25 0.31 0.20 0.22 0.24 0.97
’24 0.41 0.18 0.21 0.24 1.04
’23 0.37 0.37 0.17 0.28 1.20
’22 0.25 (0.23) 0.09 (0.01) 0.05
’21 0.34 0.45 0.22 0.18 1.19
’20 (2.30) 1.14 0.90 0.46 0.17
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
14.91 8.91 8.70 8.93 4.67 8.82 7.89 6.96 8.55 7.66

Analyst estimates 2026–2028

Powerpack
Low Price
21.35 20.35 12.40 10.57 10.59 11.55 11.28 9.47 10.38 10.85
High Price
26 27 12 2 5 5 0 — — —
Employees
4 5 7 38 14 27 0 0 0 0
Revenue/Emp
114 123 80 76 71 135 219 289 286 279
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
35 (28) (115) 59 8 78 5 128 110 102
EBT
30.52% (22.58%) (143.62%) 77.37% 11.49% 57.40% 2.50% 44.26% 38.54% 36.54%
EBT Margin
34 (29) (114) 58 8 78 5 128 110 102
Net Income
(3) (4) (2) (1) (3) (12) (11) (7) (8) (7)
Depreciation
3.12 2.65 1.61 1.51 1.46 2.07 2.13 2.70 2.71 2.65
Revenue/Sh
0.94 (0.62) (2.15) 1.16 0.17 1.19 0.05 1.20 1.04 0.97
Earnings/Sh
(0.64) 0.17 (3.97) (0.63) (4.49) (6.07) 0.84 0.72 1.15 1.53
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
(0.64) 0.17 (3.97) (0.63) (4.49) (6.07) 0.84 0.72 1.15 1.53
Free CF/Sh
16.79 13.79 11.28 11.38 14.78 11.36 11.59 11.18 11.25 11.03
Book Value/Sh
36 46 50 50 49 65 103 107 106 105
Shares
19.27 0.00 0.00 8.94 46.00 9.26 82.20 7.39 9.20 9.46
PE Ratio
5.92 3.65 5.60 6.82 6.29 5.32 3.86 3.25 3.54 3.46
PS Ratio
1.10 0.70 0.80 0.90 0.62 0.97 0.71 0.79 0.85 0.83
PB Ratio
9.69 6.69 12.55 15.37 15.12 9.54 6.55 5.50 4.75 4.03
EV/Sales
(47.47) 103.78 (5.08) (36.94) (4.92) (3.25) 16.64 20.66 11.13 7.01
EV/FCF
(23) 8 (198) (32) (218) (397) 86 77 122 161
Op' Cash Flow
0 0 0 — — — — — — —
Capex
(23) 8 (198) (32) (218) (397) 86 77 122 161
FCF
117 203 (6) 21 (118) (634) (585) (612) (908) (1,120)
Working Cap'
535 566 570 669 720 655 729 720 439 227
Total Debt
428 374 558 647 627 571 590 649 347 160
Net Debt
611 641 563 571 718 742 1,192 1,197 1,190 1,161
Sh' Equity
3.12% (2.40%) (9.56%) 4.81% 0.56% 4.05% 0.19% 4.75% 4.11% 3.82%
ROA
5.15% 6.25% 1.48% 3.53% 3.03% 5.31% 7.11% 8.37% 10.27% 11.35%
ROIC
6.12% (4.58%) (18.98%) 10.26% 1.27% 10.64% 0.48% 10.72% 9.24% 8.67%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

BARINGS BDC, INC. (BBDC) key facts

  • BARINGS BDC, INC. (BBDC) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • BARINGS BDC, INC.’s revenue for fiscal 2025 (year ended December 2025) was $279.2 million, down 2.43% from fiscal 2024.
  • As of September 25, 2026, BBDC traded at $8.67, a market capitalization of $902.6 million.
  • BARINGS BDC, INC. pays an annual dividend of $1.04 per share, a yield of 11.6%, with a payout ratio of 118.1%.
  • Return on equity was 8.67% and debt-to-equity 0.24.

Source: company filings (standardised) and stockrow calculations.

BARINGS BDC, INC. (BBDC) Latest News

News by impact score

Fine-tune

7 Aug

4

Barings BDC, Inc. (BBDC) reported Q2 earnings and revenues that exceeded analysts' expectations, showcasing strong financial performance. The company highlighted growth in its investment portfolio and effective management strategies, contributing to improved profitability. This positive outcome reflects the firm's ability to navigate market challenges and capitalize on opportunities, reinforcing investor confidence. Earnings surpassing estimates indicates significant operational strength and potential for future growth.

3 transcript

Barings BDC reported Q2 net investment income of $0.28 per share, maintained stable NAV, and declared a $0.26 dividend while noting portfolio yield compression and modest new investment activity. Quarterly earnings metrics and portfolio updates directly shape near-term valuation and dividend expectations for BBDC.

3 earnings

Barings BDC, Inc. reported its Q2 earnings, highlighting key financial metrics and performance indicators. The company showed a notable increase in net investment income and maintained a stable portfolio despite market fluctuations. Management provided insights into strategic initiatives and outlook for the upcoming quarters, emphasizing a focus on growth and risk management. Overall, the earnings report reflects a positive trajectory for Barings BDC amidst a challenging economic environment. The earnings report indicates moderate improvements in financial performance and strategic direction, which may influence investor sentiment and operational aspects.

3

Barings BDC, Inc. reported its financial results for the second quarter of 2025, highlighting a quarterly cash dividend of $0.26 per share. The company continues to focus on its investment strategy and portfolio management, aiming to deliver value to shareholders amidst market conditions. The dividend announcement and financial results indicate moderate influence on investor sentiment and financial performance.

6 Aug

3

Barings BDC, Inc. Q2 2026 earnings call covered quarterly financial results, portfolio performance, and management outlook for the BDC. Q2 2026 earnings results supply updated financial metrics that can moderately shift near-term investor views on BARINGS BDC, INC.

5 Aug

3

Barings BDC, Inc. reported second quarter 2026 results and declared a quarterly cash dividend of $0.26 per share. Quarterly earnings reports and dividend declarations directly update financial performance metrics that shape near-term investor sentiment and valuation.

1 Jun

3

Barings BDC, Inc. ends Sierra Credit Support Agreement early and receives $67.0 million payment from Barings LLC. Early termination plus $67 million cash receipt alters near-term financials and risk exposure without redefining core business trajectory.

9 May

4

Barings BDC's Q1 earnings call highlighted robust net investment income, stable NAV per share, portfolio growth, consistent dividend declaration, and management's positive outlook on deployment opportunities amid favorable market conditions. Q1 earnings highlights detail financial results, portfolio metrics, and dividend stability that significantly shape investor sentiment and BBDC's market trajectory.

8 May

4 transcript

Barings BDC (BBDC) released Q1 2026 earnings call transcript detailing financial results, portfolio performance, NAV per share, investment activity, and forward guidance. Q1 2026 earnings transcript discloses key financial metrics and strategic updates that significantly influence BBDC's valuation and market trajectory.

4

Barings BDC, Inc. released Q1 2026 earnings call summary highlighting financial results, portfolio updates, and outlook. Q1 2026 earnings call summary discloses key financial metrics and strategic directions that significantly influence stock performance and investor confidence.

7 May

4

Barings BDC, Inc. reported first quarter 2026 results and announced a quarterly cash dividend of $0.26 per share. Quarterly earnings results and dividend declaration significantly affect BBDC's valuation, yield attractiveness, and investor sentiment.

3

Barings BDC, Inc. (BBDC) reported Q1 earnings that met analyst estimates. Q1 earnings meeting estimates positively influences financial performance and investor sentiment but lacks transformative elements.

20 Feb

4

Barings BDC Q4 earnings call highlights key financial results, including net investment income, portfolio performance, dividend declarations, and forward-looking guidance on market conditions and strategic positioning. Q4 earnings highlights disclose core financial metrics, dividend sustainability, and outlook that significantly shape investor expectations and stock trajectory.

4 transcript

Barings BDC (BBDC) released Q4 2025 earnings call transcript detailing financial results, portfolio performance, dividend declarations, and management outlook. Q4 2025 earnings transcript reveals key financial metrics, NAV changes, and future guidance directly impacting BBDC's valuation and market trajectory.

4

Barings BDC, Inc. released Q4 2025 earnings call summary detailing financial results, portfolio performance, dividend declarations, and outlook amid stable NAV and yield investments. Quarterly earnings summaries for BDCs like Barings reveal NAV changes, dividend sustainability, and investment yields that drive investor sentiment and stock trajectory.

3

Barings BDC Inc's Q4 2025 earnings call highlights strategies for navigating market challenges amid ongoing operations. Q4 earnings highlights on market navigation moderately affect financial performance and investor sentiment.

19 Feb

4

Barings BDC, Inc. (BBDC) reported Q4 earnings that surpassed analyst estimates. Q4 earnings beat highlights strong financial performance, positively influencing investor sentiment and stock trajectory.

4

Barings BDC, Inc. (BBDC) released its Q4 earnings snapshot, highlighting quarterly financial results. Q4 earnings snapshot provides critical financial data that can significantly sway investor sentiment and stock trajectory.

4

Barings BDC, Inc. reported fourth quarter and full-year 2025 financial results and declared a quarterly cash dividend of $0.26 per share. Quarterly earnings and dividend announcement directly impact financial performance metrics and investor confidence in BBDC's yield stability.

13 Nov

3

Keefe Bruyette has slightly reduced its price target for Barings BDC, Inc. (BBDC) following the company's solid earnings report. Despite the adjustment, the overall sentiment remains positive as the earnings performance indicates stability and potential for growth in the future. The price target adjustment reflects a moderately noticeable influence on market sentiment and financial performance.

8 Nov

4

Barings BDC, Inc. reported strong net investment income for Q3 2025, showcasing resilience amidst challenging market conditions. The company highlighted its strategic investments and effective management, contributing to positive financial results. Analysts noted the potential for continued growth as Barings navigates the evolving economic landscape. Strong net investment income and strategic management indicate significant potential for future performance.

6 Nov

4

Barings BDC, Inc. (BBDC) reported better-than-expected earnings and revenue for the third quarter, surpassing analysts' estimates. The company's strong performance reflects its effective investment strategies and portfolio management, contributing to positive investor sentiment. This financial success positions BBDC favorably in the market, potentially enhancing its competitive edge. Strong earnings and revenue growth can significantly influence investor sentiment and the company's market position.

3

Barings BDC, Inc. reported its Q3 earnings, highlighting a net investment income of $0.30 per share, which exceeded analysts' expectations. The company also noted a slight increase in its total assets and a stable portfolio performance despite market volatility. Management expressed confidence in maintaining a strong dividend payout and outlined strategies for future growth, including potential investments in new sectors. Overall, the earnings report reflects a positive outlook for Barings BDC amidst challenging economic conditions. The earnings report indicates stable performance and potential for growth, but broader market conditions may limit overall impact.

3

Barings BDC, Inc. has announced a transition in its Chief Executive Officer position. The current CEO, who has been with the company since its inception, will step down, and the board has appointed a new CEO to lead the firm moving forward. This leadership change is expected to bring new strategies and perspectives to the company as it continues to navigate the market. Leadership transitions can influence company direction and market perception, but the overall impact is expected to be limited.

3

Barings BDC, Inc. reported its financial results for the third quarter of 2025, highlighting key metrics such as net investment income and portfolio performance. The company experienced growth in its investment portfolio and maintained a stable dividend payout. Management expressed optimism about future opportunities and the overall market environment, indicating a strategic focus on enhancing shareholder value. Moderate growth in investment performance and stable dividends suggest a balanced but limited impact on future trajectory.

1 Nov

3

Recent developments surrounding Banco Bradesco are reshaping perceptions of the bank's future. Factors such as changes in leadership, strategic initiatives, and market conditions are influencing investor sentiment and expectations. Analysts are closely monitoring these shifts to assess their potential impact on the bank's performance and competitive positioning in the financial sector. Changes in leadership and strategic initiatives may moderately influence Banco Bradesco's financial performance and market positioning.

7 Oct

4

Barings BDC, Inc. (BBDC) distinguishes itself in the middle-market lending sector through its strategic focus on providing flexible financing solutions to growth-oriented companies. The firm emphasizes its strong portfolio management and risk assessment capabilities, which enable it to navigate market fluctuations effectively. BBDC's commitment to supporting businesses with tailored financial products positions it favorably against competitors, enhancing its appeal to investors seeking stable returns in a dynamic economic environment. BBDC's strategic focus and strong portfolio management are likely to significantly impact its future performance and investor sentiment.

8 Sep

3

Barings BDC, Inc. has announced the pricing of a public offering of $300 million in 5.200% notes due in 2028. The offering is expected to enhance the company's capital structure and provide additional liquidity for future investments. The notes will be issued under the company's existing shelf registration statement and are expected to close on November 1, 2023. The issuance of notes is likely to improve liquidity and financial flexibility, impacting future investment capabilities.

9 Aug

4

Barings BDC, Inc. reported strong net investment income for Q2 2025, highlighting robust financial performance and strategic growth initiatives. The company emphasized its commitment to enhancing shareholder value through effective capital management and investment strategies. Key metrics showed positive trends, indicating a solid operational foundation and potential for future growth. Strong net investment income and strategic growth initiatives are likely to significantly impact future performance and investor sentiment.

22 Jul

3

Barings BDC, Inc. (NYSE:BBDC) reported mixed earnings for Q1 2025, with revenues of $64.4 million, a 7.7% YoY decline, and a net investment income of $26.4 million. The company made 14 new investments totaling $128.2 million and allocated $78.7 million to existing portfolio companies, while experiencing a net realized loss of $10.2 million from loan repayments. BBDC has paid uninterrupted dividends since 2007, offering a quarterly dividend of $0.26 per share and a dividend yield of 10.95%. Despite its potential, some analysts suggest that AI stocks may offer better investment opportunities. Mixed earnings and investment activities indicate moderate influence on financial performance.

stockrow.com/BBDC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com