When I last covered Trinity Capital (NASDAQ: TRIN ), I noted that early signs of credit stabilization began to appear. Since then, TRIN’s risk rating on its portfolio has remained largely stable. While this may not represent a strong sustained improvement yet, it isI am a young individual investor with a strong focus on long-term wealth creation. My investment strategy revolves around selecting stocks with strong growth potential as well as stocks with stable dividend yields. I firmly believe that patience ...

Group 1 - The current environment for Business Development Companies (BDCs) is characterized by volatility due to prolonged elevated interest rates, leading to a decline in asset values [1] - Trinity Capital (TRIN) is highlighted as one of the BDCs affected by these market conditions [1] - A hybrid investment strategy combining classic dividend growth stocks with BDCs, REITs, and Closed End Funds is suggested as an effective way to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]

Trinity Capital (TRIN) Q1 2025 Earnings Call May 07, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head of Investor RelationsKyle Brown - CEO, President, Chief Investment Officer & DirectorMichael Testa - CFO & TreasurerGerry Harder - COORon Kundich - Chief Credit OfficerChristopher Nolan - Senior VP - Equity ResearchPaul Johnson - Vice President Conference Call Participants Casey Alexander - Senior Vice President & Research AnalystCory Johnson - Associate AnalystSean-Paul Adams - Equity Research A ...

Trinity Capital (TRIN) Q1 2025 Earnings Call May 07, 2025 12:00 PM ET Speaker0 Good morning. My name is Katie, and I will be your conference operator today. At this time, I would like to welcome everyone to Trinity Capital's First Quarter twenty twenty five Earnings Conference Call. All participants have been placed in a listen only mode and the floor will be opened for questions following the presentation. It is now my pleasure to turn the call over to Ben Malcolmson, Head of Investor Relations for Trinity ...

Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.89%. A quarter ago, it was expected that this business development company would post earnings of $0.59 per share when it actually produced earnings of $0.56, delivering a surprise of -5.08%.Over the last four q ...

An International Alternative Asset Manager FIRST QUARTER 2025 INVESTOR PRESENTATION TRINITYCAPITAL.COM NASDAQ: TRIN FORWARD-LOOKING STATEMENTS | DISCLAIMER Trinity Capital Inc. (the "Company") cautions that this presentation may contain forward-looking statements that are based on current expectations and assumptions about future events, and which are not based in historical fact. The forward-looking statements in this presentation are based on current conditions as of the date of this presentation, and inc ...

Core Insights - Trinity Capital Inc. reported a total investment income growth of 29.5% year-over-year, reaching $65.4 million for Q1 2025 [4][13] - The company's net asset value (NAV) increased to $833 million, although NAV per share decreased to $13.05 from $13.35 [10][13] - The return on average equity (ROAE) was reported at 15.5% for the first quarter of 2025 [13] Financial Performance - Total investment income for Q1 2025 was $65.4 million, compared to $50.5 million in Q1 2024 [4][13] - Net investment income was approximately $32.4 million, or $0.52 per share, compared to $25.2 million or $0.54 per share in the previous year [7][13] - The net increase in net assets resulting from operations was $27.1 million, or $0.43 per share, up from $14.5 million or $0.31 per share in Q1 2024 [9][13] Operating Expenses - Total operating expenses, excluding interest, were $15.3 million in Q1 2025, up from $13.2 million in Q1 2024, primarily due to higher compensation and professional fees [5] - Interest expense increased to $17.7 million in Q1 2025 from $12.1 million in Q1 2024, attributed to higher average debt outstanding and borrowing rates [6] Investment Portfolio - As of March 31, 2025, the investment portfolio had a fair value of approximately $1.79 billion, consisting of $1.33 billion in secured loans, $336.7 million in equipment financings, and $125.6 million in equity and warrants [11][12] - The company originated approximately $185.9 million in new commitments during the first quarter, with gross investments funded totaling $220.4 million [12][13] Asset Management and Liquidity - The company had approximately $216.4 million in available liquidity as of March 31, 2025, including $8.4 million in unrestricted cash [17] - Trinity's leverage ratio was approximately 116% at the end of Q1 2025, compared to 108% at the end of Q4 2024 [20] Dividend Distribution - The Board of Directors declared a regular dividend of $0.51 per share for Q1 2025, marking the 21st consecutive quarter of consistent or increased dividends [22][13]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39958 TRINITY CAPITAL INC. (Exact name of registrant as specified in its charter) Maryland 35-2670395 (State or other jurisdiction of incorpora ...

Exhibit 99.1 Trinity Capital Inc. Reports First Quarter 2025 Financial Results Total Investment Income grows 29.5% year-over-year "Trinity Capital delivered another strong quarter to kick off 2025, underscoring our disciplined underwriting, active portfolio management, and diversified investment strategies," said Kyle Brown, Trinity Capital's Chief Executive Officer. "Even amidst ongoing macroeconomic uncertainty, we continue to evolve into a premier asset manager as we build on our momentum, expand our pla ...

Core Viewpoint - Moody's has assigned Trinity Capital an investment grade long-term issuer rating of Baa3 with a stable outlook, reflecting the company's strong performance and investment expertise [1][2]. Company Overview - Trinity Capital Inc. is an international alternative asset manager focused on delivering consistent returns through private credit markets, having deployed over $4 billion across 400 investments since its inception in 2008 [3]. - The company operates across five complementary verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences [3]. Rating Factors - Moody's cited several factors for the Baa3 rating, including Trinity Capital's investment expertise, growing performance record, low reliance on secured funding, and strong capitalization and liquidity [2]. - The company's increased scale and diversification, particularly through new business verticals, were also highlighted as positive developments [2]. Management Commentary - The Chief Financial Officer of Trinity Capital expressed satisfaction with the Baa3 rating, indicating it affirms the strength of the company's platform and will facilitate access to capital at more favorable rates [3].