Crescent Capital BDC Inc (NAS:CCAP)

Q4 2025 Crescent Capital BDC Inc Earnings Call Transcript

Feb 26, 2026 / 05:00 PM GMT

Release Date Price: $13.22 (-0.38%)

Transcript 10-K8-K

Key Points

Positve

Crescent Capital BDC Inc (CCAP) reported net investment income of $0.45 per share, covering the base dividend by 107%.
The company declared a quarterly cash dividend of $0.42 per share for the first quarter of 2026.
Crescent Capital BDC Inc (CCAP) maintains a highly diversified portfolio with 184 companies, primarily consisting of first lien loans.
The company has a strong capital position with a net debt to equity ratio of 1.20 times, below the upper target range.
Crescent Capital BDC Inc (CCAP) has a spillover income of approximately $1.16 per share, providing support during rate transitions.

Negative

Net asset value (NAV) per share decreased from $19.28 to $19.10 due to unrealized losses from certain portfolio companies.
Non-accruals increased from 3.3% to 4.1% of debt investments at cost, indicating some portfolio challenges.
The weighted average yield on income-producing securities decreased by 40 basis points due to lower base rates.
The company faces earnings headwinds related to forward base rate expectations, impacting the entire BDC space.
Crescent Capital BDC Inc (CCAP) did not declare a supplemental dividend for Q4 due to a decline in NAV.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CCAP.OQ - Crescent Capital BDC Inc
Q4 2025 Crescent Capital BDC Inc Earnings Call
Feb 26, 2026 / 05:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and welcome to Crescent Capital BDC Inc.s. Fourth quarter and year ended December 31, 2025 earnings conference call. Please note that Crescent Capital BDC Inc. May be referred to as CCAP, Crescent BDC, or the companies throughout the call. I'll start with some important reminders. Comments made over the course of this conference call and webcast may contain forward-looking statements and are subject to risk and uncertainties.

The company's actual results could differ materially from those expressed in such forward-looking statements for any reason, including those listed in its SEC filings.

The company assumes no obligation to update any such forward-looking statements.

Please also

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.