GlobeNewswire·Nov 9, 2026, 4:15 PM ET

Crescent Capital BDC, Inc. Reports Third Quarter 2026 Earnings Results; Declares a Fourth Quarter Base Dividend of $0.34 Per Share and Announces a $50 Million Share Repurchase Program

CCAP

Crescent Capital BDC reported net investment income of $0.37 per share & net income of $0.27 per share for the quarter ended September 30, 2026.
Net asset value per share was $17.72 at September 30, 2026.
The Board declared a fourth quarter 2026 regular cash dividend of $0.34 per share payable on January 15, 2027 to stockholders of record on December 31, 2026.
A previously announced $0.03 per share special dividend will be paid on December 15, 2026 to stockholders of record on November 30, 2026.
On November 5, 2026, the Board authorized a share repurchase program of up to $50 million executed via a Rule 10b5-1 trading plan.
Sun Life plans to purchase up to an additional $25 million of common stock in the open market through a Rule 10b5-1 trading plan.
Total investments at fair value were $1,555.2 million as of September 30, 2026, down from $1,570.7 million in the prior quarter.
The portfolio consisted of 190 companies, with unitranche first lien loans comprising 65.3% of the total fair value.
For the quarter, the Company invested $23.5 million in new portfolio companies & follow-on funding while executing $38.7 million in exits, sales, & repayments.
Total investment income increased to $36.9 million from $36.3 million in the prior quarter, driven by higher benchmark rates.
Total net expenses remained flat at $23.2 million for both the September 30, 2026 & June 30, 2026 quarters.
The Company held $36.2 million in cash & restricted cash with $210.5 million of undrawn credit facility capacity as of September 30, 2026.
The weighted average cost of debt was 6.26% with a net debt-to-equity ratio of 1.36x.
A conference call to discuss results is scheduled for November 10, 2026 at 12:00 p.m. Eastern Time.

Company: Crescent Capital BDC
Keywords: Nasdaq:CCAP, Crescent Capital BDC