Blackrock Tcp Capital Q4 Earnings Call Highlights

Net asset value fell 19% to $7.07 per share as of December 31, 2025, from $8.71 per share as of September 30, with management noting the figure was in line with the midpoint of the range provided in the January 23 pre-announcement. Tseng said six portfolio companies represented about 67% of the NAV decline, or $1.11 per share.Tseng said the year-over-year decline in NII primarily reflected portfolio markdowns and non-accruals, along with lower base rates and tighter spreads. He added that fourth-quarter NII ...