8-K Announcements
6Feb 19, 2026·SEC
Nov 17, 2025·SEC
Nov 6, 2025·SEC
Barings BDC, Inc. (BBDC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Barings BDC, Inc. (BBDC) stock price & volume — 10-year historical chart
Barings BDC, Inc. (BBDC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Barings BDC, Inc. (BBDC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 19, 2026 | $0.27vs $0.26+3.8% | $68Mvs $68M+0.5% |
| Q4 2025 | Nov 6, 2025 | $0.32vs $0.27+18.5% | $72Mvs $68M+7.0% |
| Q3 2025 | Aug 7, 2025 | $0.28vs $0.26+7.7% | $46Mvs $66M-31.0% |
| Q2 2025 | May 8, 2025 | $0.25vs $0.28-10.7% | $55Mvs $68M-19.1% |
Barings BDC, Inc. (BBDC) competitors in Small Business and Middle-Market Lending — business model, growth, and fundamentals comparison
Barings BDC, Inc. (BBDC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Barings BDC, Inc. (BBDC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 80.41M | 50.27M | 47.39M | 47.13M | 80.42M | 117.14M | 154.17M | 142.63M | 176.43M |
| NII Growth % | 5.45% | -37.48% | -5.74% | -0.53% | 70.62% | 45.65% | 31.62% | -7.49% | 23.7% |
| Net Interest Margin % | 6.57% | 4.31% | 3.78% | 2.81% | 3.72% | 4.32% | 5.76% | 5.29% | 6.69% |
| Interest Income | 109.67M | 74.16M | 73.49M | 66.95M | 113.44M | 174M | 238.88M | 228.14M | 261.5M |
| Interest Expense | 29.26M | 23.89M | 26.1M | 19.81M | 33.01M | 56.87M | 84.71M | 85.52M | 85.08M |
| Loan Loss Provision | -29.26M | -23.89M | -26.1M | 289 | 335 | -56.87M | -84.71M | 0 | -20.38M |
| Non-Interest Income | 13.33M | 6.06M | 2.16M | -29.97M | 6.37M | 45.13M | 50.32M | -19.04M | -12.67M |
| Non-Interest Income % | 10.84% | 7.56% | 2.86% | -81.07% | 5.31% | 20.59% | 17.4% | -9.11% | -5.09% |
| Total Revenue | 123M▲ 0% | 80.22M▼ 34.8% | 75.65M▼ 5.7% | 36.97M▼ 51.1% | 119.8M▲ 224.0% | 219.13M▲ 82.9% | 289.2M▲ 32.0% | 209.1M▼ 27.7% | 248.84M▲ 19.0% |
| Revenue Growth % | 8.2% | -34.78% | -5.7% | -51.13% | 224.03% | 82.91% | 31.98% | -27.7% | 19% |
| Non-Interest Expense | 21.51M | 28.8M | 19M | 8.93M | 9.1M | 46M | 74.68M | 9.83M | -27.82M |
| Efficiency Ratio | 17.48% | 35.9% | 25.11% | 24.16% | 7.59% | 20.99% | 25.82% | 4.7% | -11.18% |
| Operating Income | 101.5M▲ 0% | 51.43M▼ 49.3% | 56.65M▲ 10.2% | 8.23M▼ 85.5% | 77.69M▲ 844.1% | 173.13M▲ 122.8% | 214.52M▲ 23.9% | 113.75M▼ 47.0% | 211.96M▲ 86.3% |
| Operating Margin % | 82.52% | 64.1% | 74.89% | 22.26% | 64.85% | 79.01% | 74.18% | 54.4% | 85.18% |
| Operating Income Growth % | 9.61% | -49.33% | 10.16% | -85.47% | 844.14% | 122.84% | 23.91% | -46.97% | 86.33% |
| Pretax Income | -27.78M▲ 0% | -115.21M▼ 314.8% | 58.53M▲ 150.8% | 8.23M▼ 85.9% | 77.69M▲ 844.1% | 6.09M▼ 92.2% | 129.69M▲ 2030.5% | 113.75M▼ 12.3% | 105.81M▼ 7.0% |
| Pretax Margin % | -22.58% | -143.62% | 77.37% | 22.26% | 64.85% | 2.78% | 44.84% | 54.4% | 42.52% |
| Income Tax | 871.41K | -932.17K | 340.33K | 52K | 8K | 1.41M | 1.69M | 3.47M | 3.88M |
| Effective Tax Rate % | -3.14% | 0.81% | 0.58% | 0.63% | 0.01% | 23.1% | 1.3% | 3.05% | 3.67% |
| Net Income | -28.65M▲ 0% | -114.28M▼ 298.9% | 58.19M▲ 150.9% | 8.18M▼ 85.9% | 77.69M▲ 850.0% | 4.68M▼ 94.0% | 128M▲ 2634.4% | 110.29M▼ 13.8% | 101.92M▼ 7.6% |
| Net Margin % | -23.29% | -142.45% | 76.92% | 22.12% | 64.84% | 2.14% | 44.26% | 52.74% | 40.96% |
| Net Income Growth % | -183.64% | -298.88% | 150.92% | -85.95% | 850.04% | -93.97% | 2634.44% | -13.84% | -7.58% |
| Net Income (Continuing) | -28.65M | -114.28M | 58.19M | 8.18M | 77.69M | 4.68M | 128M | 110.29M | 101.92M |
| EPS (Diluted) | -0.62▲ 0% | -2.29▼ 269.4% | 1.16▲ 150.7% | 0.17▼ 85.3% | 1.19▲ 600.0% | 0.05▼ 96.2% | 1.20▲ 2537.4% | 1.04▼ 13.3% | 0.97▼ 6.7% |
| EPS Growth % | -165.96% | -269.35% | 150.66% | -85.34% | 600% | -96.18% | 2537.36% | -13.33% | -6.73% |
| EPS (Basic) | -0.62 | -2.29 | 1.16 | 0.17 | 1.19 | 0.05 | 1.20 | 1.04 | 0.97 |
| Diluted Shares Outstanding | 46.5M | 49.9M | 50.19M | 48.58M | 65.32M | 102.91M | 107.04M | 105.72M | 105.16M |
Barings BDC, Inc. (BBDC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 191.85M | 12.43M | 21.99M | 89M | 84.25M | 139.41M | 70.53M | 77.85M | 66.78M |
| Cash & Due from Banks | 191.85M | 12.43M | 21.99M | 89M | 84.25M | 139.41M | 70.53M | 77.85M | 66.78M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 1.02B | 1.12B | 0 | 13.6M | 16.34M | 54.59M | 57.8M | 88.27M | 2.46B |
| Investments Growth % | -2.08% | 10.39% | -100% | - | 20.15% | 234.09% | 5.87% | 52.71% | 2689.91% |
| Long-Term Investments | 1.02B | 1.12B | 0 | 13.6M | 16.34M | 54.59M | 57.8M | 88.27M | 2.46B |
| Accounts Receivables | 7.81M | 6.01M | 50.52M | 69.03M | 253.38M | 62.71M | 52.9M | 56.34M | 41.41M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 81.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 5.11M | 251.91K | 1.18B | 1.5B | 1.8B | 2.45B | 2.49B | 2.47B | 9.66M |
| Total Current Assets | 201.59M | 45.47M | 73.62M | 160.04M | 340.99M | 203.2M | 126.99M | 134.19M | 164.18M |
| Total Non-Current Assets | 1.02B | 1.12B | 1.18B | 1.52B | 1.82B | 2.51B | 2.55B | 2.56B | 2.47B |
| Total Assets | 1.22B▲ 0% | 1.17B▼ 4.5% | 1.25B▲ 7.3% | 1.68B▲ 33.9% | 2.16B▲ 28.9% | 2.71B▲ 25.4% | 2.68B▼ 1.2% | 2.7B▲ 0.7% | 2.64B▼ 2.2% |
| Asset Growth % | 5.47% | -4.54% | 7.29% | 33.88% | 28.85% | 25.41% | -1.2% | 0.68% | -2.2% |
| Return on Assets (ROA) | -2.4% | -9.56% | 4.81% | 0.56% | 4.05% | 0.19% | 4.75% | 4.11% | 3.82% |
| Accounts Payable | 15.99M | 34.61M | 8.92M | 9.81M | 34.83M | 44.17M | 12.51M | 29.19M | 7.38M |
| Total Debt | 565.8M | 1.14B | 669.15M | 944M | 1.37B | 1.45B | 1.44B | 1.45B | 1.43B |
| Net Debt | 373.95M | 1.13B | 647.16M | 855M | 1.29B | 1.31B | 1.37B | 1.37B | 1.36B |
| Long-Term Debt | 565.8M | 570M | 669.15M | 944M | 1.37B | 1.45B | 1.44B | 1.45B | 1.43B |
| Short-Term Debt | 0 | 570M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | -1.33M | -570M | 3.69M | 5.42M | 11.4M | 25.34M | 27.89M | 25.69M | 3.62M |
| Total Current Liabilities | 15.99M | 604.61M | 8.92M | 9.81M | 34.83M | 44.17M | 12.51M | 29.19M | 41.98M |
| Total Non-Current Liabilities | 565.8M | 0 | 672.84M | 949.42M | 1.38B | 1.47B | 1.47B | 1.48B | 1.43B |
| Total Liabilities | 581.79M | 604.61M | 681.76M | 959.23M | 1.42B | 1.52B | 1.48B | 1.51B | 1.48B |
| Total Equity | 641.28M▲ 0% | 562.97M▼ 12.2% | 570.87M▲ 1.4% | 717.8M▲ 25.7% | 741.93M▲ 3.4% | 1.19B▲ 60.7% | 1.2B▲ 0.4% | 1.19B▼ 0.5% | 1.16B▼ 2.5% |
| Equity Growth % | 4.93% | -12.21% | 1.4% | 25.74% | 3.36% | 60.71% | 0.35% | -0.52% | -2.49% |
| Equity / Assets (Capital Ratio) | 52.43% | 48.22% | 45.57% | 42.8% | 34.33% | 44% | 44.69% | 44.16% | 44.03% |
| Return on Equity (ROE) | -4.58% | -18.98% | 10.26% | 1.27% | 10.64% | 0.48% | 10.72% | 9.24% | 8.67% |
| Book Value per Share | 13.79 | 11.28 | 11.38 | 14.78 | 11.36 | 11.59 | 11.18 | 11.26 | 11.04 |
| Tangible BV per Share | 13.79 | 11.28 | 11.38 | 14.78 | 11.36 | 11.59 | 11.18 | 11.26 | 11.04 |
| Common Stock | 47.74K | 51.28K | 48.95K | 65.32K | 65K | 108K | 106K | 105K | 104K |
| Additional Paid-in Capital | 823.61M | 884.89M | 853.77M | 1.03B | 1.03B | 1.86B | 1.85B | 1.85B | 1.86B |
| Retained Earnings | -182.39M | -321.98M | -282.94M | -309.97M | -285.82M | -663.75M | -658M | -656.73M | -702.26M |
| Accumulated OCI | -190.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Barings BDC, Inc. (BBDC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 7.97M | -198.29M | -31.5M | -218.13M | -396.55M | 86.27M | 76.94M | 117.85M | 160.54M |
| Operating CF Growth % | 134.44% | -2588.84% | 84.11% | -592.38% | -81.8% | 121.75% | -10.81% | 53.16% | 36.23% |
| Net Income | -28.65M | -114.28M | 58.19M | 8.18M | 77.69M | 4.68M | 128M | 110.29M | 117.84M |
| Depreciation & Amortization | 65.86K | 27.41K | -33.37B | 8.36B | -21.92B | 121.87M | 0 | 0 | -47.3M |
| Deferred Taxes | -722.17K | -103.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 25.69M | 23.13M | 33.28B | -8.58B | 21.46B | -16.65M | -53.68M | -10.51M | 86.75M |
| Working Capital Changes | 5.56M | -18.17M | 5.4M | -1.59M | -11.12M | -23.63M | 2.63M | 18.07M | 3.25M |
| Cash from Investing | -40.51K | 31.5K | -75.16B | -262.35B | -451.63B | -120.88M | -21.14M | 4.31M | 36.83M |
| Purchase of Investments | -483.74B | -2.92T | -1.39T | -2.06T | -1.76T | -1.16B | -614.65M | -637.44M | -698.05M |
| Sale/Maturity of Investments | 403.68B | 1.92T | 1.31T | 1.9T | 1.31T | 1.04B | 593.5M | 641.75M | 734.89M |
| Net Investment Activity | -80.06B | -992.36B | -75.16B | -165.63B | -451.63B | -120.88M | -21.14M | 4.31M | 36.83M |
| Acquisitions | 0 | 31.5K | 0 | -96.72B | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 80.06B | 992.36B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 76.84M | 18.83M | 41.07M | 288.63M | 388.32M | -31.11M | -145.83M | -101.35M | -185.1M |
| Dividends Paid | -77.07M | -21.07M | -26.93M | -31.33M | -53.56M | -93.73M | -109M | -110.05M | -125.25M |
| Share Repurchases | -2.18M | -51M | -23.36M | -7.13M | 0 | -32.1M | -14.77M | -6.44M | -6.35M |
| Stock Issued | 132M | 99.84M | 0 | 160.35M | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | 129.82M | 48.84M | -23.36M | 153.22M | 0 | -32.1M | -14.77M | -6.44M | -6.35M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K |
| Other Financing | -5.6M | 99.53M | -8.29M | -773.39K | -7.27M | -1.87M | -2.4M | 0 | -6.93M |
| Net Change in Cash | 84.76M▲ 0% | -179.42M▼ 311.7% | 9.56M▲ 105.3% | 70.5M▲ 637.1% | -8.23M▼ 111.7% | 55.16M▲ 769.9% | -68.89M▼ 224.9% | 20.81M▲ 130.2% | -24.56M▼ 218.0% |
| Exchange Rate Effect | 0 | 0 | 75.16B | 262.35B | 451.63B | 120.88M | 0 | 0 | 0 |
| Cash at Beginning | 107.09M | 191.85M | 12.43M | 21.99M | 92.49M | 84.25M | 139.41M | 70.53M | 91.34M |
| Cash at End | 191.85M | 12.43M | 21.99M | 92.49M | 84.25M | 139.41M | 70.53M | 91.34M | 66.78M |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 7.93M▲ 0% | -198.29M▼ 2601.6% | -31.5M▲ 84.1% | -218.13M▼ 592.4% | -396.55M▼ 81.8% | 86.27M▲ 121.8% | 76.94M▼ 10.8% | 117.85M▲ 53.2% | 160.54M▲ 36.2% |
| FCF Growth % | 134.16% | -2601.56% | 84.11% | -592.38% | -81.8% | 121.75% | -10.81% | 53.16% | 36.23% |
Barings BDC, Inc. (BBDC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.12% | -4.58% | -18.98% | 10.26% | 1.27% | 10.64% | 0.48% | 10.72% | 9.24% | 8.67% |
| Return on Assets (ROA) | 3.12% | -2.4% | -9.56% | 4.81% | 0.56% | 4.05% | 0.19% | 4.75% | 4.11% | 3.82% |
| Net Interest Margin | 6.58% | 6.57% | 4.31% | 3.78% | 2.81% | 3.72% | 4.32% | 5.76% | 5.29% | 6.69% |
| Efficiency Ratio | 18.55% | 17.48% | 35.9% | 25.11% | 24.16% | 7.59% | 20.99% | 25.82% | 4.7% | -11.18% |
| Equity / Assets | 52.7% | 52.43% | 48.22% | 45.57% | 42.8% | 34.33% | 44% | 44.69% | 44.16% | 44.03% |
| Book Value / Share | 16.79 | 13.79 | 11.28 | 11.38 | 14.78 | 11.36 | 11.59 | 11.18 | 11.26 | 11.04 |
| NII Growth | 0.08% | 5.45% | -37.48% | -5.74% | -0.53% | 70.62% | 45.65% | 31.62% | -7.49% | 23.7% |
| Dividend Payout | 194.05% | - | - | 46.27% | 383.09% | 68.94% | 2002.26% | 85.15% | - | 122.88% |
Barings BDC, Inc. (BBDC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 19, 2026·SEC
Nov 17, 2025·SEC
Nov 6, 2025·SEC
Barings BDC, Inc. (BBDC) stock FAQ — growth, dividends, profitability & financials explained
Barings BDC, Inc. (BBDC) grew revenue by 19.0% over the past year. This is strong growth.
Yes, Barings BDC, Inc. (BBDC) is profitable, generating $101.9M in net income for fiscal year 2025 (41.0% net margin).
Yes, Barings BDC, Inc. (BBDC) pays a dividend with a yield of 12.92%. This makes it attractive for income-focused investors.
Barings BDC, Inc. (BBDC) has a return on equity (ROE) of 8.7%. This is below average, suggesting room for improvement.
Barings BDC, Inc. (BBDC) has a net interest margin (NIM) of 6.7%. This indicates healthy earnings from lending activities.
Barings BDC, Inc. (BBDC) has an efficiency ratio of -11.2%. This is excellent, indicating strong cost control.
Barings BDC, Inc. (BBDC) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates