8-K Announcements
6Material company update
May 27, 2026·SEC
Material company update
May 20, 2026·SEC
Material company update
May 11, 2026·SEC
Sound Point Meridian Capital Inc(SPMC)Earnings, Financials & Key Ratios
SPMC•NYSE•Banking & Credit
Price updated Jun 19, 2026
AboutSound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.Show more
- Net Interest Income$52M+57.4%
- Total Revenue-$108M-267.4%
- Net Income-$126M-298.5%
- Return on Equity-126.86%-393.7%
- Net Interest Margin13.87%+27.5%
- Efficiency Ratio-3.95%-421.7%
- ROA-67.35%-260.7%
- Equity / Assets53.05%-45.3%
- Book Value per Share9.63-33.5%
SPMC Key Insights
Sound Point Meridian Capital Inc (SPMC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 7178.7%
- ✓Strong NIM of 13.9%
- ✓Well capitalized: 53.1% equity/assets
- ✓Trading at only 1.1x book value
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when SPMC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
SPMC Price & Volume
Sound Point Meridian Capital Inc (SPMC) stock price & volume — 10-year historical chart
Loading chart...
SPMC Growth Metrics
Sound Point Meridian Capital Inc (SPMC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years7197.89%
5 Years7197.89%
3 Years7197.89%
Last Year-68.08%
SPMC Recent Earnings
Sound Point Meridian Capital Inc (SPMC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/8 qtrs (50%)●Beat Revenue 3/8 qtrs (100%)
Q2 2026Latest
May 27, 2026Metric
Actual
Est
EPS
$0.34-17.1%
$0.41
Rev
$28M+62.2%
$17M
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$0.54-3.6%
$0.56
Rev
$38M+74.1%
$22M
Q3 2025
Aug 11, 2025Metric
Actual
Est
EPS
$0.18
—
Rev
$20M
—
Q2 2025
May 29, 2025Metric
Actual
Est
EPS
$0.66+10.0%
$0.60
Rev
$43M+99.7%
$21M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 27, 2026 | $0.34vs $0.41-17.1% | $28Mvs $17M+62.2% |
| Q3 2025 | Aug 12, 2025 | $0.54vs $0.56-3.6% | $38Mvs $22M+74.1% |
| Q3 2025 | Aug 11, 2025 | $0.18 | $20M |
| Q2 2025 | May 29, 2025 | $0.66vs $0.60+10.0% | $43Mvs $21M+99.7% |
Based on last 8 quarters of dataView full earnings history →
SPMC Peer Comparison
Sound Point Meridian Capital Inc (SPMC) competitors in Closed-end funds and investment trusts — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ECC | 483.88M | 3.66 | -3.49 | 0.12% | -74.05% | -11.73% | 0.37 | |
 OFS | 48.77M | 3.64 | -1.47 | -124.62% | -23.38% | 1.77 | ||
 OXLC | 812.03M | 8.32 | -1.39 | 309.08% | -65.48% | -33.24% | 0.75 | |
 EIC | 236.68M | 10.10 | -204.45 | 10.65% | -2.15% | -0.33% | 0.46 | |
 ARCC | 12.95B | 18.03 | 9.69 | 32.87% | 43.69% | 8.11% | 1.12 | |
 GBDC | 3.22B | 12.35 | 8.70 | 42.5% | 26.91% | 5.24% | 1.23 | |
 CGBD | 760.99M | 10.95 | 10.84 | 17.9% | 23.81% | 4.42% | 1.31 | |
 SLRC | 677.57M | 12.42 | 7.31 | 24.76% | 39.78% | 7.31% | 1.15 |
Compare SPMC vs Peers
Sound Point Meridian Capital Inc (SPMC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SPMC Income Statement
Sound Point Meridian Capital Inc (SPMC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'23 | Mar'25 | Mar'26 |
|---|---|---|---|
Net Interest Income | 32.99M | 32.99M | 51.94M |
NII Growth % | - | 0% | 57.43% |
Net Interest Margin % | 10880.69% | 10.88% | 13.87% |
Interest Income | 33.11M | 33.11M | 65.93M |
Interest Expense | 114.81K | 114.81K | 13.99M |
Loan Loss Provision | 0 | 0 | 0 |
Non-Interest Income | 31.4M | 31.4M | -173.9M |
Non-Interest Income % | 48.68% | 48.68% | 161.06% |
Total Revenue | 64.51M▲ 0% | 64.51M▲ 0.0% | -107.97M▼ 267.4% |
Revenue Growth % | - | 0% | -267.38% |
Non-Interest Expense | 792.4K | 792.4K | 4.27M |
Efficiency Ratio | 1.23% | 1.23% | -3.95% |
Operating Income | 63.6M▲ 0% | 63.6M▲ 0.0% | -126.23M▼ 298.5% |
Operating Margin % | 98.59% | 98.59% | 116.91% |
Operating Income Growth % | - | 0% | -298.47% |
Pretax Income | 63.6M▲ 0% | 63.6M▲ 0.0% | -126.23M▼ 298.5% |
Pretax Margin % | 98.59% | 98.59% | 116.91% |
Income Tax | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% |
Net Income | 63.6M▲ 0% | 63.6M▲ 0.0% | -126.23M▼ 298.5% |
Net Margin % | 98.59% | 98.59% | 116.91% |
Net Income Growth % | - | 0% | -298.47% |
Net Income (Continuing) | 63.6M | 63.6M | -126.23M |
EPS (Diluted) | 3140.00▲ 0% | 0.87▼ 100.0% | -6.12▼ 803.4% |
EPS Growth % | - | -99.97% | -100.19% |
EPS (Basic) | 3140.00 | 0.87 | -6.12 |
Diluted Shares Outstanding | 20.28M | 20.32M | 20.63M |
SPMC Balance Sheet
Sound Point Meridian Capital Inc (SPMC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'23 | Mar'25 | Mar'26 |
|---|---|---|---|
Cash & Short Term Investments | 4.99K | 4.99M | 5.81M |
Cash & Due from Banks | 4.99K | 4.99M | 5.81M |
Short Term Investments | 0 | 0 | 0 |
Total Investments | 298.12K | 0 | 0 |
Investments Growth % | - | -100% | -100% |
Long-Term Investments | 298.12K | 0 | 0 |
Accounts Receivables | 53 | 96.82K | 0 |
Goodwill & Intangibles | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 |
PP&E (Net) | 0 | 0 | 0 |
Other Assets | 0 | 298.12M | 368.72M |
Total Current Assets | 5.09K | 5.09M | 5.81M |
Total Non-Current Assets | 298.12K | 298.12M | 368.72M |
Total Assets | 303.21K▲ 0% | 303.21M▲ 99900.2% | 374.53M▲ 23.5% |
Asset Growth % | - | 99900.2% | 123420.38% |
Return on Assets (ROA) | 20974.82% | 41.91% | -67.35% |
Accounts Payable | 0 | 0 | 0 |
Total Debt | 0 | 0 | 60M |
Net Debt | -4.99K | -4.99M | 54.19M |
Long-Term Debt | 0 | 0 | 60M |
Short-Term Debt | 0 | 0 | 0 |
Other Liabilities | 0 | 9.05M | 111.85M |
Total Current Liabilities | 9.05K | 0 | 3.98M |
Total Non-Current Liabilities | 0 | 9.05M | 171.85M |
Total Liabilities | 9.05K | 9.05M | 175.83M |
Total Equity | 294.17K▲ 0% | 294.17M▲ 99900.0% | 198.7M▼ 32.5% |
Equity Growth % | - | 99900.02% | 67446.45% |
Equity / Assets (Capital Ratio) | 97.02% | 97.02% | 53.05% |
Return on Equity (ROE) | 21619.83% | 43.2% | -126.86% |
Book Value per Share | 0.01 | 14.48 | 9.63 |
Tangible BV per Share | 0.01 | 14.48 | 9.63 |
Common Stock | 294.17K | 0 | 20.63K |
Additional Paid-in Capital | 0 | 0 | 367.11M |
Retained Earnings | 0 | 0 | -168.43M |
Accumulated OCI | 0 | 0 | 0 |
Treasury Stock | 0 | 0 | 0 |
Preferred Stock | 0 | 0 | 0 |
SPMC Cash Flow Statement
Sound Point Meridian Capital Inc (SPMC) cash flow — operating, investing & free cash flow history
| Metric | Dec'23 | Mar'25 | Mar'26 |
|---|---|---|---|
Cash from Operations | -106.38M | -106.38M | 6.73M |
Operating CF Growth % | - | 0% | 106.33% |
Net Income | 63.6M | 63.6M | -126.23M |
Depreciation & Amortization | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 |
Other Non-Cash Items | -167.57M | -167.57M | 135.56M |
Working Capital Changes | -2.4M | -2.4M | -2.61M |
Cash from Investing | 0 | 0 | 0 |
Purchase of Investments | 0 | 0 | 0 |
Sale/Maturity of Investments | 0 | 0 | 0 |
Net Investment Activity | 0 | 0 | 0 |
Acquisitions | 0 | 0 | 0 |
Other Investing | 0 | 0 | 0 |
Cash from Financing | 85.46M | 85.46M | -10.87M |
Dividends Paid | -42 | 0 | -57.83M |
Share Repurchases | -42.04K | -42.04K | 0 |
Stock Issued | 85.5M | 85.5M | 1.18M |
Net Stock Activity | 85.46M | 85.46M | 1.18M |
Debt Issuance (Net) | 0 | 0 | -1000K |
Other Financing | 42 | 0 | 55.78M |
Net Change in Cash | -20.92M▲ 0% | -20.92M▲ 0.0% | -4.14M▲ 80.2% |
Exchange Rate Effect | 0 | 0 | 0 |
Cash at Beginning | 25.91M | 25.91M | 9.94M |
Cash at End | 4.99M | 4.99M | 5.81M |
Interest Paid | 0 | 0 | 0 |
Income Taxes Paid | 0 | 0 | 0 |
Free Cash Flow | -106.38M▲ 0% | -106.38M▲ 0.0% | 6.73M▲ 106.3% |
FCF Growth % | - | 0% | 106.33% |
SPMC Banking Ratios
Sound Point Meridian Capital Inc (SPMC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2026 |
|---|---|---|---|
Return on Equity (ROE) | 21619.83% | 43.2% | -126.86% |
Return on Assets (ROA) | 20974.82% | 41.91% | -67.35% |
Net Interest Margin | 10880.69% | 10.88% | 13.87% |
Efficiency Ratio | 1.23% | 1.23% | -3.95% |
Equity / Assets | 97.02% | 97.02% | 53.05% |
Book Value / Share | 0.01 | 14.48 | 9.63 |
NII Growth | - | 0% | 57.43% |
Dividend Payout | 0% | - | - |
Related:SPMC Dividend History·SPMC Revenue History·SPMC Price History·SPMC P/E History·SPMC Financial Ratios·SPMC Institutional Holders
SPMC SEC Filings & Documents
Sound Point Meridian Capital Inc (SPMC) SEC filings — annual & quarterly reports (10-K, 10-Q)
SPMC Frequently Asked Questions
Sound Point Meridian Capital Inc (SPMC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Sound Point Meridian Capital Inc (SPMC) saw revenue decline by 267.4% over the past year.
Sound Point Meridian Capital Inc (SPMC) reported a net loss of $118.5M for fiscal year 2026.
Dividend & Returns
Yes, Sound Point Meridian Capital Inc (SPMC) pays a dividend with a yield of 27.51%. This makes it attractive for income-focused investors.
Sound Point Meridian Capital Inc (SPMC) has a return on equity (ROE) of -126.9%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Sound Point Meridian Capital Inc (SPMC) has a net interest margin (NIM) of 13.9%. This indicates healthy earnings from lending activities.
Sound Point Meridian Capital Inc (SPMC) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.