CCAP

EX-99.1

2 ccap-ex99_1.htm

EX-99.1

EX-99.1

Crescent Capital BDC, Inc. Reports Second Quarter 2026 Earnings Results; Declares a Third Quarter Base Dividend of $0.34 Per Share

LOS ANGELES, August 10, 2026 — Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.36 per share and net income of $(0.09) per share for the quarter ended June 30, 2026. Net asset value (NAV) per share was $17.82 at June 30, 2026.

Dividend Declarations

The Company announced that its Board of Directors (the “Board”) declared a third quarter 2026 regular cash dividend of $0.34 per share to stockholders of record as of September 30, 2026, payable on October 15, 2026. Additionally, the second of three previously announced $0.03 per share special dividend will be paid on September 15, 2026 to stockholders of record as of August 31, 2026.(1)

Selected Financial Highlights

($ in millions, except per share amounts)

As of and for the three months ended

June 30, 2026

March 31, 2026

June 30, 2025

Investments, at fair value

$

1,570.7

$

1,562.5

$

1,600.7

Total assets

$

1,618.9

$

1,617.7

$

1,654.4

Total net assets

$

656.5

$

674.0

$

724.7

Net asset value per share

$

17.82

$

18.27

$

19.55

Investment income

$

36.3

$

37.9

$

43.0

Net investment income

$

13.1

$

15.5

$

16.9

Net realized gains (losses), net of taxes

$

(17.7

)

$

(11.6

)

$

(2.9

)

Net change in unrealized gains (losses), net of taxes

$

1.3

$

(19.4

)

$

1.0

Net increase (decrease) in net assets resulting from operations

$

(3.3

)

$

(15.5

)

$

15.0

Net investment income per share

$

0.36

$

0.42

$

0.46

Net realized gains (losses) per share, net of taxes

$

(0.48

)

$

(0.31

)

$

(0.08

)

Net change in unrealized gains (losses) per share, net of taxes

$

0.03

$

(0.53

)

$

0.03

Net increase (decrease) in net assets resulting from operations per share

$

(0.09

)

$

(0.42

)

$

0.41

Regular distributions paid per share

$

0.42

$

0.42

$

0.42

Special distributions paid per share

$

0.03

$

-

$

0.05

Weighted average yield on income producing securities (at cost)(2)

9.6

%

9.8

%

10.4

%

Percentage of debt investments at floating rates

98.4

%

99.2

%

97.2

%

Portfolio & Investment Activity

As of June 30, 2026 and December 31, 2025, the Company had investments in 192 and 184 portfolio companies with an aggregate fair value of $1,570.7 and $1,569.4 million, respectively. The portfolio at fair value was comprised of the following asset types:

Portfolio Asset Types:

As of

$ in millions

June 30, 2026

December 31, 2025

Investment Type

Fair Value

Percentage

Fair Value

Percentage

Senior secured first lien

$

373.9

23.8

%

$

350.8

22.4

%

Unitranche first lien(3)

1,039.2

66.2

1,047.8

66.7

Unitranche first lien - last out(3)

18.6

1.2

26.2

1.7

Senior secured second lien

14.7

0.9

12.2

0.8

Unsecured debt

25.2

1.6

19.0

1.2

Equity & other

69.2

4.4

77.2

4.9

LLC/LP equity interests

29.9

1.9

36.2

2.3

Total investments

$

1,570.7

100.0

%

$

1,569.4

100.0

%

For the quarter ended June 30, 2026, the Company invested $57.0 million across 3 new portfolio companies and several follow-on revolver and delayed draw fundings. During this period, the Company had $36.1 million in aggregate exits, sales and repayments. For the quarter ended June 30, 2025, the Company invested $57.5 million across 3 new portfolio companies and several follow-on revolver and delayed draw fundings. For this period, the Company had $92.7 million in aggregate exits, sales and repayments.

Results of Operations

For the quarter ended June 30, 2026, total investment income was $36.3 million, compared to $37.9 million for the quarter ended March 31, 2026. The decrease was primarily driven by lower dividend income from the Company’s Logan JV investment and reduced accelerated amortization and prepayment fee income, reflecting lower repayment and refinancing activity during the quarter. These items were partially offset by higher recurring interest income from investments.

Interest income, which includes the amortization of upfront fees, accelerated amortization of original issue discount (“OID”) and prepayment fees, increased modestly to $34.7 million from $34.5 million in the prior quarter. Included in interest income was $0.2 million and $0.6 million of accelerated OID amortization related to investment repayments for the quarters ended June 30, 2026 and March 31, 2026, respectively.

Dividend income decreased to $1.2 million from $3.0 million, primarily reflecting lower distributions from the Company’s Logan JV investment. Other income, which includes consent, waiver, amendment, agency, underwriting and arranger fees, was $0.4 million in both periods.

For the three months ended June 30, 2026 and March 31, 2026, total net expenses, including income and excise taxes, were $23.2 million and $22.4 million, respectively.

Liquidity

EX-99.1

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EX-99.1

EX-99.1

Crescent Capital BDC, Inc. Reports First Quarter 2026 Earnings Results; Declares a Second Quarter Base Dividend of $0.34 Per Share and Series of Special Dividends

LOS ANGELES, May 13, 2026 — Crescent Capital BDC, Inc. (“Crescent BDC” or the “Company”) (NASDAQ: CCAP) today reported net investment income of $0.42 per share and net income of ($0.42) per share for the quarter ended March 31, 2026. Net asset value (NAV) per share was $18.27 at March 31, 2026. Subsequent to quarter end, the Company reduced its fee structure, lowering its base management fee from 1.25% to 1.00% and its incentive fee from 17.5% to 15.0%, effective April 1, 2026, further aligning interests with shareholders and supporting the durability of its earnings profile.

Dividend Declarations

The Company announced that its Board of Directors (the “Board”) declared a second quarter 2026 regular cash dividend of $0.34 per share to stockholders of record as of June 30, 2026, payable on July 15, 2026, and a series of special cash dividends related to undistributed taxable income in the aggregate amount of $0.09 per share, to be paid in three equal quarterly installments of $0.03 per share.1

Selected Financial Highlights

($ in millions, except per share amounts)

As of and for the three months ended

March 31, 2026

December 31, 2025

March 31, 2025

Investments, at fair value

$

1,562.5

$

1,569.4

$

1,620.7

Total assets

$

1,617.7

$

1,622.1

$

1,666.5

Total net assets

$

674.0

$

706.0

$

727.1

Net asset value per share

$

18.27

$

19.10

$

19.62

Investment income

$

37.9

$

40.8

$

42.1

Net investment income

$

15.5

$

16.5

$

16.6

Net realized gains (losses), net of taxes

$

(11.6

)

$

3.2

$

(6.5

)

Net change in unrealized gains (losses), net of taxes

$

(19.4

)

$

(11.2

)

$

(6.2

)

Net increase (decrease) in net assets resulting from operations

$

(15.5

)

$

8.5

$

3.9

Net investment income per share

$

0.42

$

0.45

$

0.45

Net realized gains (losses) per share, net of taxes

$

(0.31

)

$

0.09

$

(0.18

)

Net change in unrealized gains (losses) per share, net of taxes

$

(0.53

)

$

(0.30

)

$

(0.16

)

Net increase (decrease) in net assets resulting from operations per share

$

(0.42

)

$

0.23

$

0.11

Regular distributions paid per share

$

0.42

$

0.42

$

0.42

Special distributions paid per share

$

-

$

-

$

0.05

Weighted average yield on income producing securities (at cost)2

9.8

%

10.0

%

10.4

%

Percentage of debt investments at floating rates

99.2

%

98.0

%

97.2

%

Portfolio & Investment Activity

As of March 31, 2026 and December 31, 2025, the Company had investments in 192 and 184 portfolio companies with an aggregate fair value of $1,562.5 and $1,569.4 million, respectively. The portfolio at fair value was comprised of the following asset types:

Portfolio Asset Types:

As of

$ in millions

March 31, 2026

December 31, 2025

Investment Type

Fair Value

Percentage

Fair Value

Percentage

Senior secured first lien

$

377.0

24.2

%

$

350.8

22.4

%

Unitranche first lien(3)

1,044.0

66.7

1,047.8

66.7

Unitranche first lien - last out(3)

18.8

1.2

26.2

1.7

Senior secured second lien

3.7

0.2

12.2

0.8

Unsecured debt

18.1

1.2

19.0

1.2

Equity & other

69.6

4.5

77.2

4.9

LLC/LP equity interests

31.3

2.0

36.2

2.3

Total investments

$

1,562.5

100.0

%

$

1,569.4

100.0

%

For the quarter ended March 31, 2026, the Company invested $114.9 million across fourteen new portfolio companies and several follow-on revolver and delayed draw fundings. During this period, the Company had $93.1 million in aggregate exits, sales and repayments. For the quarter ended

December 31, 2025, the Company invested $70.8 million across five new portfolio companies and several follow-on revolver and delayed draw fundings. During this period, the Company had $78.1 million in aggregate exits, sales and repayments.

Results of Operations

For the quarter ended March 31, 2026, investment income decreased to $37.9 million from $40.8 million for the quarter ended December 31, 2025. Interest income, which includes amortization of upfront fees, decreased to $34.5 million for the quarter ended March 31, 2026 from $37.7 million for the quarter ended December 31, 2025, primarily due to the restructuring of certain debt investments and a decrease in benchmark rates. Included in interest from investments for the quarters ended March 31, 2026 and December 31, 2025 are $0.6 million and $0.4 million of accelerated accretion of OID related to paydown activity, respectively. Dividend income increased to $3.0 million for the quarter ended March 31, 2026 from $2.3 million for the quarter ended December 31, 2025. Other income, which includes consent, waiver, amendment, agency, underwriting and arranger fees, was $0.4 million and $0.8 million for the quarter ended March 31, 2026 and December 31, 2025, respectively.

For the qu

EX-99.1

2 ccap-ex99_1.htm

EX-99.1

EX-99.1

Crescent Capital BDC, Inc. Reports Fourth Quarter 2025 Earnings Results; Declares a First Quarter Base Dividend of $0.42 Per Share

LOS ANGELES, February 25, 2026 — Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $1.81 per share and net income of $0.93 per share for the year ended December 31, 2025. For the quarter ended December 31, 2025, net investment income and net income per share were $0.45 and $0.23, respectively. Reported net asset value (NAV) per share was $19.10 at December 31, 2025. The Company announced that its Board of Directors (the “Board”) declared a first quarter 2026 regular cash dividend of $0.42 per share to stockholders of record as of March 31, 2026, payable on April 15, 2026.

Selected Financial Highlights

($ in millions, except per share amounts)

As of and for the three months ended

December 31, 2025

September 30, 2025

December 31, 2024

Investments, at fair value

$

1,569.4

$

1,580.7

$

1,598.9

Total assets

$

1,622.1

$

1,627.6

$

1,656.3

Total net assets

$

706.0

$

714.1

$

740.6

Net asset value per share

$

19.10

$

19.28

$

19.98

Investment income

$

40.8

$

41.4

$

46.4

Net investment income

$

16.5

$

16.9

$

20.5

Net realized gains (losses), net of taxes

$

3.2

$

(5.0

)

$

(3.2

)

Net change in unrealized gains (losses), net of taxes

$

(11.2

)

$

(4.8

)

$

(7.3

)

Net increase (decrease) in net assets resulting from operations

$

8.5

$

7.1

$

10.0

Net investment income per share

$

0.45

$

0.46

$

0.55

Net realized gains (losses) per share, net of taxes

$

0.09

$

(0.14

)

$

(0.09

)

Net change in unrealized gains (losses) per share, net of taxes

$

(0.30

)

$

(0.13

)

$

(0.19

)

Net increase (decrease) in net assets resulting from operations per share1

$

0.23

$

0.19

$

0.27

Regular distributions paid per share

$

0.42

$

0.42

$

0.42

Supplemental distributions paid per share

$

-

$

-

$

0.07

Special distributions paid per share

$

-

$

0.05

$

-

Weighted average yield on income producing securities (at cost)2

10.0

%

10.4

%

10.9

%

Percentage of debt investments at floating rates

98.0

%

97.4

%

97.3

%

Portfolio & Investment Activity

As of December 31, 2025 and December 31, 2024, the Company had investments in 184 and 185 portfolio companies with an aggregate fair value of $1,569.4 and $1,598.9 million, respectively. The portfolio at fair value was comprised of the following asset types:

Portfolio Asset Types:

As of

$ in millions

December 31, 2025

December 31, 2024

Investment Type

Fair Value

Percentage

Fair Value

Percentage

Senior secured first lien

$

350.8

22.4

%

$

379.7

23.7

%

Unitranche first lien3

1,047.8

66.7

1,044.1

65.3

Unitranche first lien - last out3

26.2

1.7

14.8

0.9

Senior secured second lien

12.2

0.8

38.5

2.4

Unsecured debt

19.0

1.2

17.5

1.1

Equity & other

77.2

4.9

64.9

4.1

LLC/LP equity interests

36.2

2.3

39.4

2.5

Total investments

$

1,569.4

100.0

%

$

1,598.9

100.0

%

Full Year

For the year ended December 31, 2025, the Company invested $306.9 million across 25 new portfolio companies, 41 existing portfolio companies and several follow-on revolver and delayed draw fundings. For this period, the Company had $334.8 million in aggregate exits, sales and repayments. For the year ended December 31, 2024, the Company invested $395.0 million across 33 new portfolio companies, 30 existing portfolio companies and several follow-on revolver and delayed draw fundings. For this period, the Company had $371.1 million in aggregate exits, sales and repayments.

Fourth Quarter

For the quarter ended December 31, 2025, the Company invested $70.8 million across five new portfolio companies and several follow-on revolver and delayed draw fundings. During this period, the Company had $78.1 million in aggregate exits, sales and repayments. For the quarter ended September 30, 2025, the Company invested $73.9 million across seven new portfolio companies and several follow-on revolver and delayed draw fundings. For this period, the Company had $86.0 million in aggregate exits, sales and repayments.

Results of Operations

Full Year

For the year ended December 31, 2025, investment income decreased to $167.3 million from $197.4 million for the year ended December 31, 2024. Interest income, which includes amortization of upfront fees, decreased to $156.4 million for the year ended December 31, 2025 from $183.0 million for the year ended December 31, 2024, due to a decrease in benchmark rates and the restructuring of certain debt investments. Included in interest from investments for the years ended December 31, 2025 and 2024 are $2.3 million and $3.7 million of accelerated accretion of OID related to paydown activity, respectively. Dividend income decreased to $7.7 million for the year ended December 31, 2025 from $11.3 million fo