Management is deliberately reducing exposure to the 'overcrowded' sponsor finance market, citing an oversupply of capital and deteriorating underwriting standards among peers. The portfolio has reached a record 83% allocation to senior secured specialty finance, prioritizing asset-based lending (ABL) with liquid collateral and active borrowing base monitoring. The company maintains an intentional underweighting in the software sector (approximately 2% exposure) to avoid risks associated with technolog ...

NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its fourth quarter and full year ended December 31, 2025. Alex Chi, CGBD’s Chief Executive Officer, said, “As CGBD’s newly appointed CEO, I look forward to continuing to build on Carlyle’s strong track record and world-class platform. Building off record origination volume in the fourth qua ...

Net Investment Income of $0.40 Per Share for Q4 2025; Stable NAV/Strong Credit Quality NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company”, “SLRC”, “we”, “us”, or “our”) today reported net investment income (“NII”) of $21.6 million, or $0.40 per share, for the fourth quarter of 2025. On February 24, 2026, the Board declared a quarterly distribution of $0.41 per share payable on March 27, 2026, to holders of record as of March 13, 2026. As of December 31, 2025, net ...

Core Viewpoint - Redwood Trust (RWT) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Redwood Trust's earnings prospects, which is expected to positively influence its stock price [2]. - For the current quarter, Redwood Trust is projected to earn $0.29 per share, reflecting a year-over-year increase of +107.1%. The Zacks Consensus Estimate has risen by 38.1% over the last 30 days, with two estimates increasing and no negative revisions [5]. - For the full year, the earnings estimate stands at $1.28 per share, representing a +45.5% change from the previous year. The consensus estimate has increased by 37.63% due to two upward revisions and no negative changes [6][7]. Zacks Rank - Redwood Trust currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock price outperformance [3][8]. - Stocks with a Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [8]. Stock Performance - Over the past four weeks, Redwood Trust shares have appreciated by 13%, suggesting investor confidence in the company's earnings growth potential [9].

Core Viewpoint - Redwood Trust (RWT) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Recent Performance and Projections - Redwood Trust is projected to earn $1.28 per share for the fiscal year ending December 2026, with no year-over-year change expected [8]. - Over the past three months, the Zacks Consensus Estimate for Redwood Trust has increased by 37.6%, reflecting a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [10].

| | • • | Net asset value per share of $14.81, compared to $14.89 as of 9/30/2025 Adjusted net investment income per share of $0.361 , compared to $0.361 as of 9/30/2025 | | --- | --- | --- | | | - | GAAP net investment income per share of $0.38 | | Earnings Summary | • | Adjusted net income per share of $0.231 , compared to $0.251 as of 9/30/2025 | | | - | GAAP net income per share of $0.23 | | | • | Adjusted ROE on net investment income and net income of 9.7%1,2 and 6.3%1,2 , respectively | | | - | GAAP R ...

COMMERCIAL HOME IMPROVEMENT RECREATION FINTECH FOURTH QUARTER 2025 EARNINGS SUPPLEMENT February 18, 2026 NASDAQ: MFIN A specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners. Important Information This presentation contains certain forward-looking statements, including statements with regard to the future performance of Medallion Financial Corp. ("MFIN" or the "Company"). Words s ...

Core Insights - Blue Owl Technology Finance Corp. reported strong financial results for Q4 2025, highlighting NAV growth and a solid credit quality in its portfolio [3][8][29] Financial Performance - Q4 2025 GAAP net investment income (NII) per share was $0.26, while adjusted NII per share was $0.30 [8][33] - Total investment income for Q4 2025 decreased slightly to $321 million from $323 million in Q3 2025, primarily due to lower base rates on floating-rate assets [24] - Total operating expenses increased to $195 million in Q4 2025 from $190 million in Q3 2025, mainly due to higher interest expenses [25] Shareholder Returns - The Board declared a regular dividend of $0.35 per share for Q1 2026, with an annualized dividend yield of 9.2% based on NAV per share as of December 31, 2025 [6][10] - A new stock repurchase program of up to $300 million was approved, replacing the previous $200 million authorization [5][4] Portfolio and Investment Activity - As of December 31, 2025, the company had investments in 199 portfolio companies with a total fair value of $14.3 billion [13][29] - New investment commitments for Q4 2025 totaled $2.3 billion, significantly higher than $1.0 billion in Q3 2025 [18][19] - The principal amount of new investments funded in Q4 2025 was $1.7 billion, compared to $745 million in Q3 2025 [19][20] Debt and Leverage - The net debt-to-equity ratio increased to 0.75x as of December 31, 2025, from 0.57x in Q3 2025 [8][11] - Total debt outstanding was $6.3 billion, with a funding mix of 66.9% secured and 33.1% unsecured borrowings [26] Market Position and Strategy - The company focuses on technology-related investments, particularly in software, and has adjusted its underwriting assumptions to align with the evolving AI landscape [3][29] - The portfolio's credit quality remains strong, with investments on non-accrual representing only 0.4% at cost and 0.2% at fair value [8][15]

Core Insights - Blue Owl Capital Corporation reported strong fourth quarter earnings and credit performance, highlighting the health of its borrowers and its senior secured strategy focused on the upper middle market [3] - The company repurchased approximately $148 million of its common stock during the quarter, marking the largest quarterly repurchase activity in its history [3][4] - A strategic sale of $1.4 billion in direct lending investments was announced, which is expected to enhance balance sheet flexibility and increase portfolio diversity [3][6] Financial Performance - Fourth quarter GAAP net investment income per share was $0.38, with adjusted net investment income per share remaining consistent at $0.36 [7] - Dividends declared for the fourth quarter were $0.37 per share, resulting in an annualized dividend yield of 10.0% [7][10] - Net asset value per share decreased to $14.81 from $14.89 as of September 30, 2025, primarily due to credit-related markdowns [7] Investment Activity - New investment commitments for the fourth quarter totaled $684 million, while sales and repayments amounted to $1.4 billion [7][19] - For the full year 2025, new investment commitments reached $4.3 billion, a decrease from $7.3 billion in 2024 [17] - The principal amount funded in the fourth quarter was $521 million, compared to $963 million in the previous quarter [20] Portfolio Composition - As of December 31, 2025, the company had investments in 234 portfolio companies across 30 industries, with a total portfolio size of $16.5 billion at fair value [14][31] - The portfolio included 73.1% in first-lien senior secured debt investments, with 96.4% of debt investments at floating rates [15][16] Liquidity and Capital Resources - As of December 31, 2025, the company had $569 million in cash and restricted cash, with total debt outstanding of $9.3 billion [26] - The funding mix consisted of 46.5% secured and 53.5% unsecured borrowings, and the company was in compliance with all financial covenants [26] Stock Repurchase Program - The Board approved a new stock repurchase program of up to $300 million, replacing the previous $200 million authorization [5][4] - The company repurchased shares at 86% of price-to-book value, which was accretive to net asset value per share [4][7]

Core Viewpoint - Blue Owl BDCs are selling $1.4 billion of direct lending investments at 99.7% of par value to institutional investors, indicating strong demand and confidence in their direct lending platform [1]. Transaction Details - The sales include $600 million from Blue Owl Capital Corporation II (OBDC II), $400 million from Blue Owl Technology Income Corp. (OTIC), and $400 million from Blue Owl Capital Corporation (OBDC), representing approximately 34%, 6%, and 2% of total investment commitments respectively [1]. - The investments consist of 97% senior secured debt with an average size of $5 million, covering 128 portfolio companies across 27 industries, with the largest industry being internet software and services at 13% [1]. - Proceeds from the sales will be used by OBDC II for capital distribution to shareholders and debt repayment, while OTIC and OBDC will also use proceeds for debt repayment [1]. Financial Impact - OBDC II plans to distribute up to $2.35 per share, approximately 30% of its net asset value as of December 31, 2025, with the distribution expected by March 31, 2026 [1]. - Cumulative distributions for OBDC II since inception will total $6.14 per share after the declared distributions [2]. - The transaction is expected to enhance liquidity for OBDC II and provide OTIC and OBDC with greater capital deployment flexibility in a favorable direct lending environment [1]. Company Overview - Blue Owl Capital Corporation II (OBDC II) focuses on lending to U.S. middle-market companies, with investments in 183 portfolio companies valued at $1.6 billion as of December 31, 2025 [2]. - Blue Owl Technology Income Corp. (OTIC) also focuses on U.S. middle-market lending, with investments in 190 portfolio companies valued at $6.2 billion as of December 31, 2025 [2]. - Blue Owl Capital Corporation (OBDC) has investments in 234 portfolio companies with a total fair value of $16.5 billion as of December 31, 2025 [2].