Bain Capital Specialty Finance/$BCSF

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About Bain Capital Specialty Finance

Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company's objective is to provide risk-adjusted returns and current income to investors by investing predominantly in middle-market companies with between $10.0 million and $150.0 million in annual EBITDA. Its portfolio of investments includes First Lien Senior Secured Loan, Preferred Equity, Equity Interest, Warrants, and Second Lien Senior Secured Loan among others.

Ticker

$BCSF
Sector

Primary listing

NYSE

Employees

-

BCSF Metrics

BasicAdvanced
$861M
7.99
$1.66
0.87
$2.25
12.65%

What the Analysts think about BCSF

Analyst ratings (Buy, Hold, Sell) for Bain Capital Specialty Finance stock.

Bulls say / Bears say

BCSF posted strong Q1 2025 net investment income of $0.50 per share, translating to an annualized yield of 11.3% on book value, which supports its attractive distribution policy.
The company’s NAV stayed stable at $17.64 as of March 31, 2025, compared with $17.65 at the end of 2024, demonstrating resilience and portfolio stability despite market swings.
Investments on non-accrual stood at just 1.4% of portfolio cost and 0.7% by fair value as of March 31, 2025, highlighting solid credit quality and underwriting discipline.
BCSF’s shares traded at a 16.4% discount to NAV as of August 5, 2025, reflecting valuation challenges and signs of investor caution about BDC sector fundamentals.
The company’s net debt-to-equity ratio rose to 1.20x at June 30, 2025, up from 1.17x at March 31, highlighting increased leverage risk amid higher interest rates.
BCSF’s recent issue of $350 million in 5.95% senior notes due 2030 signals higher funding costs that could put pressure on net interest margins over time.
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2025.

BCSF Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

BCSF Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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