Barings Corporate Investors (MCI) 10-Year Financial Performance & Capital Metrics

MCI • • Banking & Credit

Financial ServicesAsset ManagementTraditional Asset ManagementGlobal Diversified Asset Managers

AboutBabson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations. The fund also invests in marketable investment grade debt securities, other marketable debt securities, and marketable common stocks. It was formerly known as Babson Capital Corporate Investors. Babson Capital Corporate Investors trust was formed in 1971 and is domiciled in the United States.Show more

Net Interest Income $37M -5.0%
Total Revenue $43M +5.1%
Net Income $36M -3.7%
Return on Equity 10.41% -5.4%
Net Interest Margin 9.02% -7.8%
Efficiency Ratio 3.2% -76.5%
ROA 8.89% -6.2%
Equity / Assets 84.57% -2.0%
Book Value per Share 16.90 +1.0%
Tangible BV/Share 16.90 +1.0%
Debt/Equity 0.13 +7.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong NIM of 9.0%
✓Efficient operations: 3.2% efficiency ratio
✓Well capitalized: 84.6% equity/assets
✓Trading at only 1.2x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9

Price & Volume

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Growth Metrics

Revenue CAGR

10Y3.67%

5Y1.62%

3Y-7.96%

TTM-

Profit (Net Income) CAGR

10Y0.83%

5Y-1.82%

3Y-12.33%

TTM-11.18%

EPS CAGR

10Y0.41%

5Y-1.94%

3Y-12.36%

TTM-11.24%

ROCE

10Y Avg9.12%

5Y Avg9.5%

3Y Avg8.35%

Latest9.64%

Peer Comparison

Global Diversified Asset Managers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SIISprott Inc.	2.97B	115.19	60.31	19.02%	29.28%	14.59%	2.27%
EMBJEmbraer S.A.	13.36B	73.93	38.51	21.38%	5.51%	10.43%	3.03%	0.78
BENFranklin Resources, Inc.	13.54B	25.97	28.54	3.45%	5.98%	3.61%	6.73%	0.94
BLKBlackRock, Inc.	179.4B	1156.65	27.53	14.27%	31.21%	9.86%	2.62%	0.29
IVZInvesco Ltd.	13.08B	29.39	24.91	6.13%	12.77%	6.75%	8.57%	0.48
SEICSEI Investments Company	10.6B	86.54	19.62	10.7%	27.35%	28.87%	5.34%	0.01
JHGJanus Henderson Group plc	7.15B	47.89	18.71	17.67%	16.53%	9.41%	9.57%	0.10
STTState Street Corporation	38.07B	136.29	16.60	19.64%	12.23%	10.78%		1.45

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	0	0	26.44M	28.39M	26.54M	27.64M	23.26M	26.37M	38.54M	36.63M
NII Growth %	-	-	-	0.07%	-0.07%	0.04%	-0.16%	0.13%	0.46%	-0.05%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	1.58M	1.58M	27.96M	29.45M	27.6M	28.7M	24.33M	28.08M	40.63M	38.42M
Interest Expense	0	0	1.52M	1.06M	1.06M	1.06M	1.07M	1.71M	2.08M	1.78M
Loan Loss Provision	0	0	-1.52M	-1.06M	-1.06M	0	0	0	-2.08M	-100
Non-Interest Income+	25.21M	26.6M	16.58M	-18.46M	12.35M	-11.42M	31.18M	586.46K	562.43K	4.87M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	26.8M	28.18M	44.54M	10.99M	39.95M	17.28M	55.52M	28.67M	41.19M	43.29M
Revenue Growth %	-0.11%	0.05%	0.58%	-0.75%	2.64%	-0.57%	2.21%	-0.48%	0.44%	0.05%
Non-Interest Expense	7.93M	641.25K	964.49K	1.4M	937.22K	889.01K	1.05M	1.18M	5.62M	1.39M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	22.01M	23.76M	45.1M	10.65M	39.01M	25.45M	53.39M	23.32M	35.57M	37.54M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.14%	0.08%	0.9%	-0.76%	2.66%	-0.35%	1.1%	-0.56%	0.53%	0.06%
Pretax Income+	17.28M	27.24M	43.58M	9.59M	39.01M	15.33M	53.8M	15.41M	37.67M	36.34M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	0	26.77M	-161.14K	0	0	991.85K	1.15M	706.22K	758.43K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	17.28M	27.24M	43.58M	9.59M	39.01M	15.33M	52.81M	14.26M	36.96M	35.58M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.47%	0.58%	0.6%	-0.78%	3.07%	-0.61%	2.44%	-0.73%	1.59%	-0.04%
Net Income (Continuing)	17.28M	27.24M	43.58M	9.59M	39.01M	15.33M	52.81M	14.26M	36.96M	35.58M
EPS (Diluted)+	0.88	1.38	2.19	0.48	1.93	0.76	2.60	0.71	1.82	1.75
EPS Growth %	-0.48%	0.57%	0.59%	-0.78%	3.02%	-0.61%	2.42%	-0.73%	1.56%	-0.04%
EPS (Basic)	0.88	1.38	2.19	0.48	1.93	0.76	2.60	0.71	1.82	1.75
Diluted Shares Outstanding	19.66M	19.79M	19.9M	19.97M	20.21M	20.18M	20.31M	20.09M	20.31M	20.34M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	8.93M	14.29M	7.23M	27.14M	24.13M	29.85M	21.15M	13.23M	14.87M	17.2M
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Total Investments+	47.83M	46.22M	48.34M	300.7M	320.58M	309.35M	0	0	372.23M	0
Investments Growth %	-0.3%	-0.03%	0.05%	5.22%	0.07%	-0.04%	-1%	-	-	-1%
Long-Term Investments	47.83M	46.22M	48.34M	300.7M	320.58M	309.35M	0	0	372.23M	0
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	0	0	0	0	0	0	0	0	0	0
Other Assets	255.46M	257.72M	288.19M	-300.7M	0	2.36M	362.03M	367.36M	0	378.95M
Total Current Assets	12.44M	18M	10.17M	29.58M	26.19M	32.33M	25.07M	18.69M	21.38M	27.29M
Total Non-Current Assets	303.29M	303.94M	336.52M	300.7M	320.58M	311.7M	362.03M	367.36M	372.23M	378.95M
Total Assets+	315.72M	321.94M	346.69M	330.28M	346.77M	344.03M	387.1M	386.05M	393.93M	406.24M
Asset Growth %	-0.02%	0.02%	0.08%	-0.05%	0.05%	-0.01%	0.13%	-0%	0.02%	0.03%
Return on Assets (ROA)	0.05%	0.09%	0.13%	0.03%	0.12%	0.04%	0.14%	0.04%	0.09%	0.09%
Accounts Payable	0	0	0	6.16M	186.23K	2.9M	6.82M	5.86M	7.9M	13.74M
Total Debt+	30M	30M	30M	30M	30M	30M	38M	46M	42.31M	45.85M
Net Debt	21.07M	15.71M	22.77M	2.86M	5.87M	148.38K	16.85M	32.77M	27.44M	28.65M
Long-Term Debt	30M	30M	30M	0	0	30M	38M	46M	42.31M	45.85M
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	1.13M	1.01M	1.53M	0	0	0	4.24M	2.55M	0	3.09M
Total Current Liabilities	8.68M	9.36M	11.63M	6.16M	6.39M	7.9M	6.82M	5.86M	7.9M	13.74M
Total Non-Current Liabilities	31.13M	31.01M	31.53M	30M	30M	30M	42.24M	48.55M	42.31M	48.94M
Total Liabilities	39.81M	40.37M	43.16M	39.04M	38.52M	39.35M	49.06M	54.41M	54.11M	62.68M
Total Equity+	275.92M	281.57M	303.53M	291.24M	308.25M	304.68M	338.04M	331.64M	339.83M	343.56M
Equity Growth %	-0.02%	0.02%	0.08%	-0.04%	0.06%	-0.01%	0.11%	-0.02%	0.02%	0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.06%	0.1%	0.15%	0.03%	0.13%	0.05%	0.16%	0.04%	0.11%	0.1%
Book Value per Share	14.03	14.23	15.25	14.58	15.25	15.10	16.64	16.51	16.73	16.90
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	19.66M	19.79M	19.94M	20.08M	20.23M	20.26M	20.26M	20.26M	20.26M	20.4M
Additional Paid-in Capital	111.42M	111.04M	109.7M	270.73M	272.11M	272.5M	278.67M	277.87M	277.01M	278.48M
Retained Earnings	144.83M	150.74M	173.89M	427.48K	15.91M	11.92M	39.11M	33.51M	42.55M	44.68M
Accumulated OCI	0	90	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	17.93M	26.91M	14.52M	41.75M	18.94M	25.83M	2.83M	3.92M	32.02M	28.14M
Operating CF Growth %	0.8%	0.5%	-0.46%	1.88%	-0.55%	0.36%	-0.89%	0.39%	7.17%	-0.12%
Net Income	17.28M	27.24M	43.58M	9.59M	39.01M	15.33M	52.81M	14.26M	36.96M	35.58M
Depreciation & Amortization	0	0	0	0	0	0	0	0	-46.47K	-183K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-2.98M	638.95K	-32.59M	35.8M	-19.89M	11.24M	-52.25M	-5.53M	-5.06M	-6.28M
Working Capital Changes	3.62M	-970.51K	3.53M	-3.64M	-180.55K	-744.12K	2.26M	-4.82M	170.37K	-984K
Cash from Investing+	0	0	0	0	0	0	0	0	0	0
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale/Maturity of Investments	0	0	0	0	0	0	0	0	0	0
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	-21.46M	-21.55M	-21.58M	-21.83M	-21.96M	-20.1M	-11.53M	-11.84M	-30.38M	-25.8M
Dividends Paid	-23.5M	-23.65M	-23.82M	-23.99M	-24.17M	-20.66M	-19.45M	-19.86M	-26.75M	-31.9M
Share Repurchases	0	0	0	0	0	0	0	0	0	0
Stock Issued	0	0	2.24M	2.16M	2.21M	552.23K	0	0	0	2.56M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	0	0	0	0	0	0	1000K	1000K	-1000K	1000K
Other Financing	2.04M	2.1M	0	2.16M	2.21M	0	-76.15K	15.21K	-133.61K	38K
Net Change in Cash+	-3.53M	5.36M	-7.06M	19.91M	-3.01M	5.72M	-8.7M	-7.92M	1.64M	2.33M
Exchange Rate Effect	0	0	0	0	0	0	0	-1.01K	384	-1.19K
Cash at Beginning	12.46M	8.93M	14.29M	7.23M	27.14M	24.13M	29.85M	21.15M	13.23M	14.87M
Cash at End	8.93M	14.29M	7.23M	27.14M	24.13M	29.85M	21.15M	13.23M	14.87M	17.2M
Interest Paid	0	0	0	0	0	0	0	0	0	0
Income Taxes Paid	0	0	0	0	0	0	0	0	0	0
Free Cash Flow+	17.93M	26.91M	14.52M	41.75M	18.94M	25.83M	2.83M	3.92M	32.02M	28.14M
FCF Growth %	0.8%	0.5%	-0.46%	1.88%	-0.55%	0.36%	-0.89%	0.39%	7.17%	-0.12%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.22%	9.77%	14.9%	3.22%	13.02%	5%	16.43%	4.26%	11.01%	10.41%
Return on Assets (ROA)	5.41%	8.54%	13.04%	2.83%	11.52%	4.44%	14.45%	3.69%	9.48%	8.89%
Net Interest Margin	0%	0%	7.63%	8.6%	7.65%	8.03%	6.01%	6.83%	9.78%	9.02%
Efficiency Ratio	29.59%	2.28%	2.17%	12.76%	2.35%	5.14%	1.9%	4.12%	13.64%	3.2%
Equity / Assets	87.39%	87.46%	87.55%	88.18%	88.89%	88.56%	87.33%	85.9%	86.26%	84.57%
Book Value / Share	14.03	14.23	15.25	14.58	15.25	15.1	16.64	16.51	16.73	16.9
NII Growth	-	-	-	7.37%	-6.53%	4.15%	-15.83%	13.35%	46.18%	-4.95%
Dividend Payout	135.97%	86.82%	54.66%	250.27%	61.94%	134.71%	36.83%	139.2%	72.37%	89.65%

Frequently Asked Questions

Valuation & Price

Barings Corporate Investors (MCI) has a price-to-earnings (P/E) ratio of 11.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Barings Corporate Investors (MCI) grew revenue by 5.1% over the past year. This is steady growth.

Yes, Barings Corporate Investors (MCI) is profitable, generating $32.0M in net income for fiscal year 2024 (82.2% net margin).

Dividend & Returns

Yes, Barings Corporate Investors (MCI) pays a dividend with a yield of 7.99%. This makes it attractive for income-focused investors.

Barings Corporate Investors (MCI) has a return on equity (ROE) of 10.4%. This is reasonable for most industries.

Industry Metrics

Barings Corporate Investors (MCI) has a net interest margin (NIM) of 9.0%. This indicates healthy earnings from lending activities.

Barings Corporate Investors (MCI) has an efficiency ratio of 3.2%. This is excellent, indicating strong cost control.

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