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Barings BDC

BBDC

Barings BDC, Inc. is a closed-end, non-diversified investment company that operates as a business development company.

Market cap
$868.02M-11.4%
Net income$89.3M-9.6%
EPS (diluted)$1.12-8.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$60.9M
EPS estimate$0.25

Financials

Q1 2026

Income statement

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Net income$20.0M-38.6%
EPS (diluted)$0.250.0%

Balance sheet

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Total equity$1.2B-3.0%
Total assets$2.6B-6.8%

Cash flow

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Operating cash flow$68.0M+977%

Valuation & ratios

Valuation

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Market cap$868.02M-11.4%
P/E9.7×-0.2×

Returns & leverage

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Return on equity7.6%-0.6pp

Competitors

Profile

Barings BDC, Inc. is a closed-end, non-diversified investment company that operates as a business development company. The firm primarily provides senior secured private debt financing to well-established middle-market companies to support acquisitions, growth, and refinancing. Its core value proposition centers on leveraging the global origination platform of its adviser, Barings LLC, to generate current income through fundamental credit analysis and defensive portfolio construction.

Competitive position

The company maintains a significant competitive advantage through its external management by Barings LLC, providing access to a global fixed income platform and extensive proprietary deal flow.

GeographiesUnited States, Europe, Australia, New Zealand, Asia
Customer segmentsMiddle-market companies, Private equity firms
Business modelInvestment Management, Direct Lending
SuppliersInstitutional capital providers, Equity shareholders, Debt financing sources, Investment advisory services from Barings LLC
CustomersMiddle-market portfolio companies, Private equity-backed issuers
Listed2007
Employees2.0
CEOThomas McDonnell
FilingsSEC EDGAR

Questions, answered.

What is Barings BDC's market cap?
Barings BDC (BBDC) has a market capitalization of $868.0M and trades on NYSE.
Who are Barings BDC's competitors?
Barings BDC's key competitors include FS KKR Capital Corp., Ares Capital Corporation, Blue Owl Capital Corp., and others. These companies compete in similar markets and product categories.
Who does Barings BDC partner with?
Barings BDC's notable partners include Barings LLC, Massachusetts Mutual Life Insurance Company, Baring International Investment Limited, and others.
What subsidiaries does Barings BDC have?
Barings BDC's subsidiaries include Jocassee Partners LLC, Thompson Rivers LLC, Waccamaw River LLC, and others.
Where is Barings BDC headquartered?
Barings BDC is headquartered in United States of America and employs approximately 2 people. It has been publicly traded since 2007.