Barings BDC reports Q3 EPS 32c, consensus 27c

Commenting on the quarter, Eric Lloyd, Chief Executive Officer of Barings BDC (BBDC), stated, “Our portfolio continued to deliver in the third quarter, highlighted by net investment income of $0.32 per share, fully covering both our regular and special dividends. Our disciplined investment approach continues to drive strong credit outcomes. During the quarter we deployed almost $150 million across new and existing portfolio companies, maintaining our focus on rigorous credit selection and delivering attractive risk-adjusted returns. Supported by the strength and scale of the Barings platform and our talented team, we remain confident in the durability of our portfolio and our ability to deliver long-term value for shareholders.”