Trinity Capital (TRIN)
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Trinity Capital Inc. Provides Details for First Quarter 2025 Financial Results and Earnings Call
Prnewswire· 2025-04-03 20:05
PHOENIX, April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025. The Company will discuss its financial results on a conference call later that day at 12:00 p.m. ET.To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ125 if asked, approximately 10 ...
Trinity Capital Inc. Provides $68.75 Million in Growth Capital to CMR Surgical
Prnewswire· 2025-04-02 20:05
PHOENIX, April 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System (Versius), a versatile and adaptable soft-tissue surgical robot. The investment forms part of the company's recently closed financing round of more than $200 million.Headquartered in Ca ...
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the First Quarter of 2025
Prnewswire· 2025-03-19 20:05
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareho ...
Trinity Capital Inc. Expands Institutional Fundraising Efforts with Appointment of Zach Taffet
Prnewswire· 2025-03-12 11:30
PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Zach Taffet, Director, Capital Formation & Investor Relations Mr. Taffet brings nearly a decade of exp ...
Trinity Capital: One Of The Top High-Yield Dividend Stocks
Seeking Alpha· 2025-03-05 07:49
Mr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by the portfolios. He invests in all financial instruments globally (stocks, bonds, fx, commodities), restructuring investment portfolios based on prevailing conditions and the needs of each client-investor. Mr. Mavroudis has successfully navigated all ...
Trinity Capital: Q4 Earnings Reveal Improved Fundamentals
Seeking Alpha· 2025-03-04 02:33
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines high-quality dividend stocks with other investment vehicles such as Business Development Companies, REITs, and Closed End Funds to enhance income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The company advocates for a balanced approach to investing, focusing on both growth and income to optimize investment returns [1]. - The strategy aims to create a solid base of classic dividend growth stocks, which can be supplemented with other asset classes to boost overall investment income [1]. Performance Comparison - The total return from this hybrid investment strategy is reported to be on par with the S&P 500 index, indicating its effectiveness in generating competitive returns [1].
Trinity Capital Inc. Expands Life Sciences Presence to East Coast with John Orlando as Managing Director
Prnewswire· 2025-03-03 12:30
PHOENIX, March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry. John Orlando, Managing Director of Life Sciences "We are thrilled to welcome John to our team," said ...
Trinity Capital (TRIN) - 2024 Q4 - Earnings Call Presentation
2025-02-26 20:10
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 include, but are not limited to, statements regarding our financial objectives, beliefs, strategies, anticipated future operating results and cash flows, opera ...
Trinity Capital (TRIN) - 2024 Q4 - Earnings Call Transcript
2025-02-26 20:10
Trinity Capital, Inc. (NASDAQ:TRIN) Q4 2024 Earnings Conference Call February 26, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Gerald Harder - COO Ronald Kundich - Chief Credit Officer Conference Call Participants Matthew Hurwit - Jefferies Doug Harter - UBS Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good morning. My name is David, and I will be your conference operator ...
Trinity Capital Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
Prnewswire· 2025-02-26 13:05
Core Insights - Trinity Capital Inc. reported a record quarterly net investment income of $35 million, or $0.58 per share, for Q4 2024, and an annual net investment income of $116 million, or $2.20 per share [1][10] - The company achieved a total investment income growth of 31% year-over-year for 2024, with total investment income reaching $237.7 million [1][10] - The return on average equity (ROAE) for Q4 2024 was 17.4%, while the return on average assets (ROAA) was 7.6% [10] Fourth Quarter 2024 Highlights - Total investment income for Q4 2024 was $70.8 million, a 48.1% increase from $47.8 million in Q4 2023 [5][10] - Net investment income for Q4 2024 was approximately $34.6 million, compared to $25.1 million in Q4 2023 [8][10] - The effective yield on average debt investments at cost was 16.4% for Q4 2024, slightly down from 16.7% in Q4 2023 [5] Full Year 2024 Highlights - Total gross investments funded for the year reached $1.2 billion, marking a 91.6% increase year-over-year [10] - The net asset value (NAV) at the end of Q4 2024 was $823 million, or $13.35 per share, up from $611 million at the end of 2023 [12][10] - The company maintained its 20th consecutive quarter of consistent or increased regular dividends, with a distribution of $0.51 per share for Q4 2024 [10][22] Portfolio and Investment Activity - As of December 31, 2024, the investment portfolio had a fair value of approximately $1.73 billion, with $1.29 billion in secured loans [13][10] - The company originated approximately $410.6 million in new commitments during Q4 2024 [14][10] - Total investment exits and repayments during the quarter amounted to approximately $280.6 million [15][10] Liquidity and Capital Resources - As of December 31, 2024, the company had approximately $496.6 million in available liquidity, including $9.6 million in unrestricted cash [18][10] - The KeyBank Credit Facility was expanded to $600 million during the quarter [20][10] - The company's leverage ratio was approximately 108% at the end of Q4 2024, down from 122% at the end of Q3 2024 [21][10]