Fidus Investment Corp Reports Q3 2026 Earnings with 23% Increase in Total Investment Income
Fidus Investment Corp (FDUS) reported strong third-quarter 2026 financial results, highlighted by a 23.2% increase in total investment income to $45.9 million. This growth was primarily driven by higher interest income resulting from larger average loan balances. Net Investment Income (NII) rose to $21.1 million ($0.54 per share), representing an 18% increase in adjusted NII compared to the previous year. The company maintains a high-quality portfolio with zero nonaccruals and a strategic focus on first-lien debt, which accounts for 88% of its debt exposure. Despite recognizing $11 million in net realized losses from Virtex Enterprises, Fidus reported a stable portfolio fair value of $1.4 billion and maintained leverage at the lower end of its target range with a net debt-to-equity ratio of 0.9x.
Tickers: $FDUS
Topics: Dividends Financial Results Net Investment Income Portfolio Performance
Read the full article at Motley Fool
Part of the story Fidus Investment Corp Reports Q3 2026 Earnings with 23% Increase in Total Investment Income (8 articles)