CRESCENT CAPITAL BDC, INC.

(CCAP)
  Report
Delayed Nasdaq  -  05/25 11:08:13 am EDT
17.17 USD   +1.39%
05/17CRESCENT CAPITAL BDC, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/13TRANSCRIPT : Crescent Capital BDC, Inc. - Shareholder/Analyst Call
CI
05/10TRANSCRIPT : Crescent Capital BDC, Inc., Q1 2022 Earnings Call, May 10, 2022
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

2021 Q3 Earnings Presentation

11/10/2021 | 04:24pm EDT

Quarterly Earnings Presentation

September 30, 2021

Disclaimer and Forward-Looking Statement

This presentation (the "Presentation") has been prepared by Crescent Capital BDC, Inc. (together with its consolidated subsidiaries, "CCAP," "Crescent BDC" or the "Company") and may be used for informational purposes only. This Presentation contains summaries of certain financial and statistical information about the Company and should be viewed in conjunction with the Company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K. The information contained herein may not be used, reproduced, referenced, quoted, linked by website, or distributed to others, in whole or in part, except as agreed in writing by the Company.

This Presentation does not constitute a prospectus and should under no circumstances be understood as an offer to sell or the solicitation of an offer to buy the Company's common stock or any other securities nor will there be any sale of the common stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. This Presentation provides limited information regarding the Company and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell, or an offer to sell or a solicitation of offers to purchase, the Company's common stock or any other securities that may be issued by the Company, or as legal, accounting or tax advice. An investment in securities of the type described herein presents certain risks.

Footnotes contain important information about the definition of terms used herein, the composition of the investment portfolio and related performance information as well as unrealized investment valuations and should be carefully reviewed. Market data and information included herein (including information relating to portfolio companies) is based on various published and unpublished sources considered to be reliable, but has not been independently verified and there is no guarantee of its accuracy or completeness. Performance information contained herein is based in significant part on unrealized investment valuations which may not be achieved. We undertake no duty or obligation to publicly update or revise the information contained in this Presentation.

Legal, tax and regulatory changes, as well as judicial decisions, both within and outside of the United States, could have an adverse impact on the Company and its investments. Instability in the securities markets may increase the risk inherent in CCAP's investments in that the ability of issuers to refinance or redeem portfolio securities held may depend on their ability to sell new securities in the market. Future periods of uncertainty in the U.S. economy and the economies of other countries of issuers of securities and loans in which the Company may invest, and the possibility of increased volatility, default rates and deterioration in financial markets, may adversely affect the Company's investment portfolio.

This Presentation may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as "anticipates," "believes," "expects," "intends," "will," "should," "may," "plans," "continue," "believes," "seeks," "estimates," "would," "could," "targets," "projects," "outlook," "potential," "predicts" and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should read statements that contain these words carefully because they discuss plans, strategies, prospects and expectations concerning CCAP's business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make them. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in filings we make with the Securities and Exchange Commission (the "SEC"), and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

CCAP is managed by Crescent Cap Advisors, LLC (the "Investment Adviser"), an SEC-registered investment adviser and a subsidiary of Crescent Capital Group LP (together with its affiliates, "Crescent").

This Presentation contains information about the Company and certain of its affiliates and includes the Company's historical performance. You should not view information related to the past performance of the Company as indicative of the Company's future results, the achievement of which is dependent on many factors, many of which are beyond the control of the Company and the Investment Adviser and cannot be assured. There can be no assurances that future dividends will match or exceed historic rates or will be paid at all. Further, an investment in the Company is discrete from, and does not represent an interest in, any other Crescent entity. Nothing contained herein shall be relied upon as a promise or representation whether as to the past or future performance of the Company or any other Crescent entity.

2

Crescent Capital BDC, Inc. (CCAP)

Specialty finance company focused on investing in the debt of private U.S. middle-market companies

$1,139

Ticker

CCAP

Exchange

NASDAQ

Total Net Assets

$596 million

Net Asset Value per Share

$21.16

Total Assets

$1.2 billion

Debt-to-Equity

0.94x

Investment Grade Rating

BBB- (KBRA)

Stable Outlook

Total Portfolio Investments ($mm)

Q2'15 (Inception)

Q3'21

As of September 30, 2021. Past performance does not guarantee or indicate future results.

3

Track Record of NAV Stability and Resilience

Since its inception, CCAP has consistently delivered a stable NAV profile

$29.69

$19.90

$8.53

$21.16

Q2'15 Q3'15 Q4'15 Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2'17 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21

NAV Per Share

Cumulative Dividends Per Share

Note: Past performance is not indicative of future results.

4

Summary of Financial Results

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Crescent Capital BDC Inc. published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 21:20:38 UTC.


© Publicnow 2021
All news about CRESCENT CAPITAL BDC, INC.
05/17CRESCENT CAPITAL BDC, INC. : Submission of Matters to a Vote of Security Holders (form 8-K..
AQ
05/13TRANSCRIPT : Crescent Capital BDC, Inc. - Shareholder/Analyst Call
CI
05/10TRANSCRIPT : Crescent Capital BDC, Inc., Q1 2022 Earnings Call, May 10, 2022
CI
05/09Earnings Flash (CCAP) CRESCENT CAPITAL BDC Reports Q1 EPS $0.42
MT
05/09CRESCENT CAPITAL BDC : Q1 Earnings Snapshot
AQ
05/09CRESCENT CAPITAL BDC, INC. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION..
AQ
05/09Crescent Capital BDC, Inc. Reports Earnings Results for the First Quarter Ended March 3..
CI
05/09Crescent Capital BDC, Inc. Reports First Quarter 2022 Financial Results; Declares a Sec..
GL
05/09Crescent Capital BDC, Inc. Reports First Quarter 2022 Financial Results; Declares a Sec..
GL
05/09Crescent Capital BDC, Inc. Declares Regular Cash Dividend for the Second Quarter of 202..
CI
More news
Analyst Recommendations on CRESCENT CAPITAL BDC, INC.
More recommendations
Financials (USD)
Sales 2022 108 M - -
Net income 2022 51,9 M - -
Net Debt 2022 - - -
P/E ratio 2022 9,75x
Yield 2022 10,6%
Capitalization 523 M 523 M -
Capi. / Sales 2022 4,86x
Capi. / Sales 2023 4,42x
Nbr of Employees -
Free-Float 85,2%
Chart CRESCENT CAPITAL BDC, INC.
Duration : Period :
Crescent Capital BDC, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CRESCENT CAPITAL BDC, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 16,93 $
Average target price 19,63 $
Spread / Average Target 15,9%
EPS Revisions
Managers and Directors
Jason Breaux President & Chief Executive Officer
Gerhard Lombard Chief Financial Officer
Joseph Hanlon Chief Compliance Officer
Michael S. Segal Independent Director
George G. Strong Independent Director