BlackRock TCP Capital Corp. — Third Quarter 2026 Earnings Summary
BlackRock TCP Capital Corp. reported a net decrease in net assets from operations of $66.8 million, or $0.80 per share, for the third quarter ended September 30, 2026, driven primarily by a $63.7 million realized loss from the sale of a continuation vehicle. Net investment income for the quarter was $13.4 million, or $0.16 per share, which fell short of the $0.17 per share regular dividend paid on September 30, 2026. The company's net asset value per share declined to $5.61 from $6.58 at the end of the previous quarter, while net leverage decreased significantly to 0.16x from 1.38x. On November 5, 2026, the Board of Directors declared a fourth-quarter dividend of $0.17 per share, payable on December 31, 2026.
- Company
- BLACKROCK TCP CAPITAL CORP
- Sector
- Financial Services
- Industry
- Asset Management