Golub Capital BDC (STU:OGL) Total Noninterest Expense: €27.4 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:OGL Golub Capital BDC Inc STU:OGL
46 GF Score
Price €11.32
GF Value €7.74
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Golub Capital BDC Total Noninterest Expense?

Golub Capital BDC STU:OGL -0.70% 46 Total Noninterest Expense is €27.4 Mil as of Mar. 2026. GuruFocus rates STU:OGL with a GF Score™ of 46/100 and a GF Value™ of €7.74 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Golub Capital BDC's Total Noninterest Expense for the three months ended in Mar. 2026 was €6.5 Mil. Golub Capital BDC's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €27.4 Mil.

Golub Capital BDC Total Noninterest Expense Related Terms

Golub Capital BDC Total Noninterest Expense Historical Data

* Premium members only.

The historical data trend for Golub Capital BDC's Total Noninterest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Golub Capital BDC Total Noninterest Expense Chart

Golub Capital BDC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 10.72 13.91 -1.61 27.46

Golub Capital BDC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.96 7.08 7.00 6.81 6.50
STU:OGL
46GF Score
Golub Capital BDC Inc STU:OGL
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golub Capital BDC Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €27.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Noninterest Expense of €27.4 Mil mean?
Golub Capital BDC (STU:OGL) has a Total Noninterest Expense of €27.4 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Golub Capital BDC and its competitors.
Is Golub Capital BDC's Total Noninterest Expense too high?
Golub Capital BDC's current Total Noninterest Expense is €27.4 Mil. Overall, Golub Capital BDC has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golub Capital BDC's Total Noninterest Expense compare to STEP and CSQ?
Golub Capital BDC's Total Noninterest Expense of €27.4 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for an Asset Management company?
A good Total Noninterest Expense depends on the Asset Management industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on Golub Capital BDC and its competitors. Golub Capital BDC's current Total Noninterest Expense is €27.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golub Capital BDC stock overvalued right now?
Based on GuruFocus' analysis, Golub Capital BDC (STU:OGL) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.74, compared to a current price of €11.32 — trading 46.2% above its estimated fair value. The current Total Noninterest Expense is €27.4 Mil. Golub Capital BDC's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For Golub Capital BDC (STU:OGL), the current Total Noninterest Expense is €27.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golub Capital BDC (STU:OGL) Overvalued in 2026?

Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued. The current stock price of €11.32 is trading 46.2% above its estimated GF Value™ of €7.74. GuruFocus considers Golub Capital BDC to be Significantly Overvalued.

Key valuation signals for STU:OGL:

  • Total Noninterest Expense: €27.4 Mil
  • GF Value™: €7.74 vs. price of €11.32 (46.2% above fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the STU:OGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Golub Capital BDC Business Description

Other Exchanges GBDC:USA0IZ6:UK
Address 200 Park Avenue, 25th Floor, New York, NY, USA, 10166
Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.
46GF Score

Get the complete analysis for STU:OGL

Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.32
Price
€7.74
GF Value