Stellus Capital Investment Corporation Reports Preliminary Q2 Results and Schedules Earnings Call
Stellus Capital Investment Corporation (NYSE: SCM) has released preliminary financial results for its second quarter ended June 30, 2026. The company estimates a net investment income of $0.25 to $0.27 per share and reports an increase in net asset value from $12.54 at the end of Q1 to between $12.76 and $12.84 as of June 30, representing growth of approximately 1.8% to 2.4%. This improvement is attributed primarily to portfolio appreciation and equity repurchases. During the quarter, Stellus funded around $18 million in new investments while receiving nearly $49 million in repayments, resulting in a total investment portfolio valued between $965 million and $975 million at fair value. The company also received an SBA license for its third Small Business Investment Company (SBIC), enabling it to access up to $250 million of guaranteed debentures. Stellus repurchased 274,343 shares under its share buyback program during the quarter and plans to continue until March 2027 or full utilization. The company will release detailed financial results on August 10, followed by a conference call with management.
Tickers: $SCM
Topics: financial results non-accrual status portfolio performance