BBDC
Published on 05/07/2026 at 05:24 pm EDT
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Barings BDC, Inc. (BBDC) on Thursday reported first-quarter net income of $20 million.
The Charlotte, North Carolina-based company said it had net income of 19 cents per share. Earnings, adjusted for investment costs, were 25 cents per share.
The business development company posted revenue of $60.6 million in the period.
Barings BDC shares have decreased 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.90, a rise of slightly more than 3% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBDC at https://www.zacks.com/ap/BBDC
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News