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BCSFBain Capital Specialty Finance, Inc.
$11.14$723M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
BCSF logo

Bain Capital Specialty Finance, Inc.

BCSF
NYSE · BDCs & Private Credit
$11.14
At close - Nov 6, 4:00 PM EST - USD
Market Cap$723M
P/E11.3x
52W High$14.70
Volume452.43K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Credit Cycle Turn Contradicts Yield Appeal

Bain Capital Specialty Finance's investment thesis is now defined by a sharp inflection in credit quality. After a period of zero provisions, the company booked $10.9M in Q2 2026 loan loss provisions, suggesting the benign credit environment has ended and may signal further portfolio stress.

GrowthMixed
ProfitabilityStrained
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

BCSF price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-17% Peers

P/E is 17% below peer median

03

Market leadership

RS 44 · Lag

Laggard (Underperforming 56% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BCSF-11.17%
S&P 500 (^GSPC)+7.63%
1-Year Return
BCSF-5.45%
S&P 500 (^GSPC)+9.69%
3-Year Return
BCSF+5.41%
S&P 500 (^GSPC)+68.50%
5-Year Return
BCSF+21.99%
S&P 500 (^GSPC)+56.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
11.3x
Forward P/EExpansion
6.8x
EV/EBITDA40th %ile
19.0x
FCF YieldCash Flow
10.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
11.3x
8.2x
100th· High
EV/EBITDA
19.0x
19.0x
40th· Fair
Price/FCF
9.7x
10.0x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$159M+14.8% YoY
Net income FY25
$99M-17.3% YoY
Free cash flow FY25
$30M-73.8% YoY
Operating margin FY25
114.1%+24.4 pts YoY
ROIC (FY25)5.3%
Avg ROIC 5Y3.9%
ROE (TTM)5.8%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 10, 2026
$0.44+4.3%
vs $0.42
$62M-3.2%
vs $64M
Q2 2026
May 11, 2026
$0.42-4.5%
vs $0.44
$66M+0.9%
vs $66M
Q1 2026
Feb 26, 2026
$0.46+2.2%
vs $0.45
$68M-0.4%
vs $68M
Q4 2025
Nov 10, 2025
$0.45+0.0%
vs $0.45
$43M-38.6%
vs $70M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Seeking Alpha·2d ago
Three High-Yield Picks To Buy In November, Plus One Bonus Pick

I highlight three high-yield funds—BCSF, EIC, and PAXS—trading at wide discounts and offering strong monthly distributions for income-focused investors. Bain Capital Specialty Finance (BCSF) trades at a -36.5% discount with a 15% yield and solid NAV performance, despite market fears of a potential dividend cut. Eagle Point Income Company (EIC) offers a 14.9% yield at a -28.6% discount, with robust distribution coverage and a portfolio positioned to benefit from floating rate debt.

Business Wire·Oct 26, 2026
Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Third Quarter Ended September 30, 2026

BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) today announced it will report its financial results for the third quarter ended September 30, 2026 on Monday, November 9, 2026 after market close. Management will host a conference call on Tuesday, November 10, 2026 at 10:00 a.m. Eastern Time to discuss the Company's financial results. Conference Call Information A conference call to discuss the Company's financial results will be held live.

Defense World·Oct 12, 2026
Financial Comparison: Morningstar (NASDAQ:MORN) vs. Bain Capital Specialty Finance (NYSE:BCSF)

Morningstar (NASDAQ: MORN - Get Free Report) and Bain Capital Specialty Finance (NYSE: BCSF - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations. Profitability This table compares Morningstar and Bain

Zacks Investment Research·Sep 23, 2026
New Strong Sell Stocks for September 23rd

BCSF, BBW and FSBW have been added to the Zacks Rank #5 (Strong Sell) List on September 23rd, 2026.

Filtered for Bain Capital Specialty Finance, Inc.More Headlines
04

Compare before deciding

Benchmark BCSF against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Bain Capital Specialty Finance, Inc. (BCSF)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BCSF logoBCSFBain Capital Specialty Finance, Inc.Current
$11.14$722.64M11.3014.78%48.28%5.79%20.19%
ARCC logoARCCAres Capital Corporation
$19.13$13.74B15.74-11.83%55%6.23%9.45%
GBDC logoGBDCGolub Capital BDC, Inc.
$12.74$3.32B22.6244.68%31.97%3.82%10.87%
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.37$177.42M8.1755.25%58.87%6.24%23.45%
CGBD logoCGBDCarlyle Secured Lending, Inc.
$11.17$776.28M11.0610.5%9.46%1.18%13.49%
SLRC logoSLRCSLR Investment Corp.
$11.81$644.29M11.1045.01%50.13%5.89%13.89%

Compare BCSF vs Peers

Bain Capital Specialty Finance, Inc. (BCSF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for BCSF.

Scale Benchmark

vs BAC

Larger-name benchmark to compare BCSF against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, GBDC, TPVG, CGBD

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BCSF SEC Filings & Documents

Bain Capital Specialty Finance, Inc. (BCSF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Jul 31, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 10, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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BCSF Frequently Asked Questions

Bain Capital Specialty Finance, Inc. (BCSF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Bain Capital Specialty Finance, Inc. growing?

Bain Capital Specialty Finance, Inc. (BCSF) grew revenue by 5.6% over the trailing twelve months, compared with the twelve months before.

Is BCSF profitable?

Yes. Bain Capital Specialty Finance, Inc. (BCSF) earned $63.9M in net income over the trailing twelve months (a 48.3% net margin).

Dividend & Returns
Does BCSF pay dividends?

Yes. Bain Capital Specialty Finance, Inc. (BCSF) pays a dividend that yields 20.19% at the current price, a high yield.

What is BCSF's return on equity?

Bain Capital Specialty Finance, Inc. (BCSF) had a return on equity (ROE) of 5.8% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics
What is Bain Capital Specialty Finance, Inc.'s net interest margin?

Bain Capital Specialty Finance, Inc. (BCSF) has a net interest margin (NIM) of 7.2%. This indicates healthy earnings from lending activities.

What is Bain Capital Specialty Finance, Inc.'s efficiency ratio?

Bain Capital Specialty Finance, Inc. (BCSF) has an efficiency ratio of 1.9%. This is excellent, indicating strong cost control.

What if you invested $1,000 in BCSF back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →