MRCC
Monroe Capital Corporation6.34
-0.13-2.01%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
137.36MP/E (TTM)
-Basic EPS (TTM)
-0.19Dividend Yield
0.16%Recent Filings
8-K
MRCC merger approvals secured
Monroe Capital Corporation shareholders approved its merger with Horizon Technology Finance Corporation and related asset sale to MCIP for cash at fair value on March 13, 2026, with over 88% support. HRZN shareholders backed the stock issuance by more than 83%. Pre-merger, MRCC plans a $15.9M distribution ($0.75/share) to holders. Closing expected within 30 days, subject to conditions.
8-K
Stockholders approve asset sale, merger
Monroe Capital Corporation stockholders overwhelmingly approved the Asset Sale and Merger Proposals at the March 13, 2026 special meeting. Proposal 1 passed with 11.6 million for versus 1.5 million against; Proposal 2 with similar lopsided support from over 21.6 million eligible shares. Details await proxy execution. Stockholders spoke clearly.
8-K
Q4 results, dividend cut
10-K
FY2025 results
Monroe Capital Corporation's FY2025 portfolio shrank to $334.9M fair value from $457.0M in FY2024, driven by $156.9M repayments and SLF wind-down distributions, while new investments totaled just $32.0M. Q4 saw continued deleveraging with net investment income of $11.4M for the year but $16.7M realized losses from SLF and INH Buyer realizations; unrealized gains flipped positive at $0.1M amid stabilizing marks. Debt fell to $192.0M (asset coverage 187%), with $62.0M on the revolver at 6.5% and $130.0M 2026 Notes at 4.75%. No buybacks or dividends changed; pending asset sale to MCIP and merger with HRZN. Portfolio credit risks persist, with 4.0% non-accrual.
8-K
MRCC amends revolver, redeems notes
Monroe Capital Corporation amended its revolving credit facility on January 14, 2026, introducing a temporary Borrowing Base Flex Period with adjusted mechanics, concentration limits, and 0.75% higher interest margins (2.375% ABR, 3.375% SOFR). The next day, it redeemed its $130M 4.75% Notes due 2026 at par plus accrued interest. Three lenders departed amid tighter prepayment rules, signaling liquidity caution while supporting pending asset purchase and merger deals.
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