Earnings Releases·Nov 2, 2026, 4:03 PM ET

Capital Southwest — Second Fiscal Quarter 2027 Earnings Summary

Total investment income rose to $67.2 million from $61.0 million in the prior quarter, while pre-tax net investment income increased to $37.2 million ($0.58 per share) from $35.0 million, though net realized and unrealized losses widened to $13.4 million from $10.9 million.
Management reported the largest origination quarter in company history with $391.0 million in new commitments, alongside strategic capital deployment via a new joint venture with Trinity Capital and SBA approval to increase SBIC II leverage capacity to $250 million.
Capital structure was strengthened through a $350 million unsecured bond issuance at 6.75% and $67.0 million raised via the Equity ATM Program, while the Board declared a regular dividend of $0.58 per share plus a supplemental $0.06 per share for the upcoming quarter.
Net Asset Value (NAV) per share increased marginally to $16.64 from $16.61, with the credit portfolio maintaining 99% first lien senior secured debt composition and non-accruals representing 1.4% of total portfolio fair value.
No specific forward financial guidance was provided, though the company noted risks related to tariffs, trade barriers, and inflation impacting portfolio companies.