$GBDC

Golub Capital BDC (NASDAQ:GBDC) reported Q3 investment income yield up about 20 bps to 9.9% annualized, while annualized borrowing cost rose about 10 bps to 5.3%, leaving net investment spread at 4.6%. Non-accruals were 1.9% of fair-value investments. Portfolio was $8.2B across 424 borrowers. GBDC repurchased shares at $12.90 avg and issued $500M notes in May.

Golub Capital BDC Inc (GBDC) CEO David Golub said the firm is operating in a credit cycle with elevated stress and expects dispersion across portfolio credits over coming quarters. He cited constrained M&A volumes, improved deal pricing by 25 to 50 bps, and low AI-risk exposure in software loans. Capital allocation emphasized deleveraging and buybacks as payoffs slowed.

The article highlights three BDCs: Ares Capital (ARCC), Trinity Capital (TRIN), and Golub Capital BDC (GBDC). It cites ARCC trading below NAV with about a 10% yield, TRIN’s 15.8% effective yield and 11.56% dividend with Q1 2026 dividend coverage of 103.9%, and GBDC trading below NAV with buybacks at 84% of NAV and about an 11.11% yield. Risks include non-accruals, NAV moves, and dividend coverage.

GOLUB CAPITAL BDC, Inc. (GBDC) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 tm2620117d1_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 Execution Version FOURTH AMENDED AND RESTATED SENIOR SECURED REVOLVING CREDIT AGREEMENT dated as of July 2, 2026 among GOLUB CAPITAL BDC, INC., as Borrower The LENDERS Party Hereto and JPMORGAN CHASE BANK, N.A. as Adminis

GOLUB CAPITAL BDC, Inc. (GBDC) filed an SEC Form 8-K — Results of Operations and Financial Condition. gbdc-20260707 false 0001476765 0001476765 2026-07-07 2026-07-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): J

The Federal Reserve said Lenexa, Kansas-based Small Business Bank is “significantly undercapitalized,” issuing a prompt corrective action order. The $73 million-asset bank has faced three Fed enforcement actions since 2023. It has 30 days from June 29 to raise capital via new equity, a sale, or other measures; its CET1 ratio fell to 14% as of June 18.

Simply Wall St reports that analyst fair value for Golub Capital BDC (GBDC) was cut from $15.00 to $13.75 (about 8%). It cites Oppenheimer’s reduced target to $13.75 and notes RBC Capital’s more constructive initiation. The article also says GBDC repurchased 2,889,604 shares for $36.2 million from Jan. 1 to May 4, 2026, and 8,413,710 shares for $112.75 million under the Aug. 1, 2025 authorization.

Robertson Stephens Wealth Management LLC has acquired 271,290 shares of Golub Capital BDC, Inc. (GBDC) for approximately $3.68 million, representing 0.10% of the company. GBDC recently reported an EPS of $0.38, in line with estimates, but revenue missed consensus, and its dividend payout ratio is currently 105.6%, raising concerns about sustainability. Analysts currently have a consensus "Buy" rating on the stock with an average price target of $14.50.

Wall Street Zen has downgraded Golub Capital BDC (NASDAQ:GBDC) from a "hold" to a "sell" rating, despite analysts overall having a "Buy" consensus with a $14.50 target. The company recently met EPS estimates at $0.38 but fell short on revenue, reporting $110.18 million against an estimated $208.89 million. GBDC's shares opened at $13.63, with a market capitalization of $3.59 billion.

Golub Capital BDC announced a capital call notice to its shareholders on March 16, intending to sell over 3.5 million shares valued at approximately $52.51 million. This move is aimed at securing financial support for the company's business development. The article cautions that its content is solely the author's opinion and should not be used as investment advice.