Core Points - Sixth Street Specialty Lending, Inc. reported its financial results for the third quarter ended September 30, 2025 [1] - A conference call to discuss the financial results is scheduled for 8:30 a.m. Eastern Time on November 5, 2025 [1] - The conference call will be available in listen-only mode on the Investor Resources section of TSLX's website [1]

Core Insights - Carlyle Secured Lending, Inc. reported its financial results for Q3 2025, highlighting disciplined underwriting and net portfolio growth while maintaining leverage within target range [1] - The company declared a quarterly common dividend of $0.40 per share, payable on January 16, 2026 [3] - The net asset value per common share decreased by 0.4% to $16.36, while the total fair value of investments increased to $2.4 billion [2] Financial Performance - For Q3 2025, the company reported a Net Investment Income (NII) of $0.37 per common share and an Adjusted NII of $0.38 per common share [1] - The company continues to optimize its capital structure, including a second institutional bond issuance and repayment of the CSL III SPV Credit Facility, which lowers financing costs [1] Investment Strategy - Carlyle Secured Lending focuses on lending to middle-market companies, having invested approximately $10.2 billion since its inception in May 2013 [8] - The company's investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle-market companies [8] Company Overview - Carlyle Secured Lending is managed by Carlyle Global Credit Investment Management L.L.C., a subsidiary of The Carlyle Group Inc., which has $474 billion in assets under management as of September 30, 2025 [9]

Core Insights - SLR Investment Corp. reported a net investment income of $21.6 million, or $0.40 per share, for Q3 2025, with a quarterly distribution declared at $0.41 per share [2][32] - The net asset value (NAV) increased to $18.21 per share from $18.19 per share in the previous quarter, indicating stability in both NAV and net investment income per share [3][4] Financial Performance - For the quarter ended September 30, 2025, the company had net realized and unrealized gains of $1.7 million, resulting in a net increase in net assets from operations of $23.3 million, or $0.43 per share [5][25] - The comprehensive investment portfolio had a fair value of $3.3 billion, with a net asset value of $993.3 million [5][10] Investment Strategy - Approximately 85% of the portfolio's fair value consists of specialty finance loans, which are believed to provide attractive risk-adjusted returns and downside protection [4][10] - The company made investments totaling $447 million while prepaying and selling $418.9 million during the quarter, reflecting active management of the investment portfolio [6][8] Asset Quality - As of September 30, 2025, 99.7% of the portfolio was performing on a fair value basis, with a non-accrual rate of only 0.3% [16][5] - The investment portfolio is diversified across approximately 900 unique issuers, with 98.2% invested in senior secured loans [10][11] Capital and Liquidity - The company had $523.4 million drawn on $995 million of total commitments available on its revolving credit facilities as of September 30, 2025 [26] - The net debt-to-equity ratio was 1.13x, within the target range of 0.9x to 1.25x [29] Subsequent Events - The board declared a quarterly distribution of $0.41 per share, payable on December 26, 2025, to shareholders of record as of December 12, 2025 [32]

MIAMI, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today finalizes plans for its Annual Shareholders Meeting on Friday, November 7, 2025, at 4:00 PM Eastern Time in Miami, Florida. The meeting provides an important opportunity for the Company to present its breakout financial results with record-breaking profitability, share details regarding its latest $115 million credit facility, introduce key staff hires ...

TAMPA, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that its Board of Directors has authorized a share repurchase program to buy up to $1.5 million of the Company’s outstanding common stock. The authorization represents approximately 15% of LM Funding’s currently outstanding shares following its recently announced private repurchase of shares and warrants on October 30, 2025. Following ...

Company Overview - Tiptree was founded in 2007 with a focus on long-term value creation for shareholders [24] - The company has a flexible capital allocation model and aligned management incentives [16] - Insider ownership is at 34% [24] Financial Performance - Tiptree has $24 billion of realized investments representing a 28x MOIC and 22% IRR since inception [24] - $177 million of capital has been returned to shareholders through share repurchases, tax-deferred distributions, and common dividends [17] - The company's realized investment IRR is 22% [30] Recent Transactions - Tiptree agreed to sell Fortegra in an all-cash transaction for $165 billion, with $112 billion in gross proceeds to Tiptree [13] - The Fortegra valuation is 23x book value (39x tangible book value) and 107x LTM net income [13] - The estimated gross return on the Fortegra sale is 141x MOIC and 227% IRR, with an anticipated closing in mid-2026 [13] - Tiptree agreed to sell Reliance First Capital for 935% of tangible book value at closing, or $51 million of estimated gross proceeds as of September 30, 2025 [13] - The estimated gross return on the Reliance sale is 29x MOIC and 135% IRR, with an anticipated closing in the first quarter of 2026 [13] - Pro-forma book value as of September 30, 2025, is estimated to be $930 million, net of estimated taxes and transaction expenses for both transactions [13]

Financial Performance - The company's loan portfolio reached $2,559.1 million as of September 30, 2025, a 3% increase compared to September 30, 2024[15] - Net interest income for the quarter ended September 30, 2025, was $55.7 million[23] - The net interest margin on gross loans was 8.21%, and on net loans, it was 8.56%[14] - Net income for the quarter was $7.8 million, which includes a $3.5 million non-recurring charge related to the redemption of Medallion Bank's series F preferred stock[26, 39] - Year-to-date net interest income through the third quarter of 2025 reached $160.5 million[23] Loan Portfolio Composition - Recreation loans constitute 62.6% of the total loan portfolio, amounting to $1,603.2 million[15, 12] - Home improvement loans represent 31.4% of the portfolio, totaling $804.0 million[15, 12] - Commercial loans account for 5.3% of the portfolio, with a balance of $135.1 million[15, 12] - Strategic partnership and other loans make up 0.7% of the portfolio, totaling $16.8 million[15] Loan Originations and Credit Quality - Total loan originations for the quarter were $141.7 million for recreation loans and $59.7 million for home improvement loans[12] - The average FICO score for recreation loans originated in 2025 was 688, while for home improvement loans, it was 779[11] - The net charge-off (NCO) rate for the total loan portfolio in the third quarter of 2025 was 2.26%[31] Shareholder Value - The company declared a dividend of $0.12 per share per quarter[14, 51] - The company repurchased 108,351 shares at an average cost of $9.10 per share in the first nine months of 2025[14]

Core Viewpoint - LM Funding America, Inc. has entered into repurchase agreements with institutional investors to acquire 3,308,575 shares of its common stock and associated warrants, aiming to simplify its capital structure and align its stock with its net asset value [1][4]. Group 1: Repurchase Agreements - The company will repurchase investment units at a price of $2.41 per unit, totaling approximately $8.0 million [2]. - Each unit consists of one share of common stock and warrants to purchase approximately 2.19 common shares, with a current warrant exercise price of $1.10 per share, allowing for the purchase of a total of 7,248,787 shares [2]. Group 2: Financing Details - The transaction will be financed through an $11 million loan facility from Galaxy Digital, secured by Bitcoin deposited with Galaxy [3]. - The loan facility is structured to manage exposure and maintain flexibility over its one-year term [3]. Group 3: Company Background - LM Funding America operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [5]. - The company also provides funding to nonprofit community associations primarily in Florida through a technology-enabled specialty finance business [5].

Core Viewpoint - Bain Capital Specialty Finance, Inc. will report its financial results for the third quarter ended September 30, 2025, on November 10, 2025, after market close, with a conference call scheduled for November 11, 2025, at 8:30 a.m. Eastern Time to discuss these results [1][2]. Company Overview - Bain Capital Specialty Finance, Inc. is an externally managed specialty finance company focused on lending to middle-market companies. It is managed by BCSF Advisors, L.P., a subsidiary of Bain Capital Credit, L.P. [3]. - Since its investment operations began on October 13, 2016, through June 30, 2025, the company has invested approximately $9,497.4 million in aggregate principal amount of debt and equity investments [3]. - The investment objective of BCSF is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, investments in strategic joint ventures, equity investments, and corporate bonds [3].

Core Points - Medallion Financial Corp. has appointed Andrew Murstein as Chief Executive Officer effective January 31, 2026, while Alvin Murstein transitions to Executive Chairman until May 2027 [1][3] - The leadership transition is part of a planned succession process aimed at ensuring continuity and strategic growth for the company [3] - Andrew Murstein will oversee the company's strategic direction, focusing on capital allocation, risk management, and operational efficiency to enhance shareholder value [2] Company Overview - Medallion Financial Corp. is a specialty finance company that originates and services loans across various consumer and commercial industries, including partnerships with fintech companies [1][5] - The company serves key industries such as recreation (towable RVs and marine) and home improvement (replacement roofs, swimming pools, and windows) [5] - Medallion Financial Corp. is headquartered in New York City, with its largest subsidiary, Medallion Bank, located in Salt Lake City, Utah [5] Leadership Insights - Andrew Murstein expressed commitment to guiding Medallion through its next growth phase, building on the foundation established under Alvin Murstein's leadership [4] - Alvin Murstein highlighted Andrew's successful pivot away from traditional taxi medallion lending, leading to record earnings and asset growth, with the legacy business now constituting well under 1% of total assets [4]