Barings BDC, Inc.
BBDCNYSEOther · NC · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | $101.9M | $110.3M | $128.0M | $4.7M | $77.7M |
| Total assets | $2.64B | $2.70B | $2.68B | $2.71B | $2.16B |
| Total liabilities | $1.48B | $1.51B | $1.48B | $1.52B | $1.42B |
| Equity | $1.16B | $1.19B | $1.20B | $1.19B | $741.9M |
| EPS (diluted) | $0.25 | $0.28 | $1.20 | $1.12 | $0.90 |
| Shares out. | 105.4M | 106.1M | 107.9M | 107.9M | 65.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 8.8%
- Return on assets
- 3.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 56.0%
- Debt / equity
- 1.27×
- Book value / share
- $11.01
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −7.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −2.2%clean
- Piotroski F-Score
- 4/6mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 good- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Byers Stephen RDirector | Dec 9, 2025 | Buy | 6,761 | $8.97 |
| Murray Elizabeth A.Officer — CFO and COO and PAO | Jun 6, 2025 | Buy | 3,400 | $8.84 |
| Byers Stephen RDirector | Jun 6, 2025 | Buy | 8,700 | $8.89 |
| Lloyd Eric JOfficer — CEO | May 19, 2025 | Buy | 27,275 | $9.13 |
| Freund MatthewOfficer — President | May 19, 2025 | Buy | 3,500 | $9.07 |
| Byers Stephen RDirector | Dec 11, 2024 | Buy | 1,063.07 | $9.89 |
| O'Connor Michael James | Dec 12, 2024 | Sell | 29,423.57 | $9.70 |
| Murray Elizabeth A.Officer — CFO and COO and PAO | Dec 11, 2024 | Buy | 2,000 | $9.70 |
| Freund MatthewOfficer — President | Dec 11, 2024 | Buy | 1,500 | $9.72 |
| Byers Stephen RDirector | Nov 8, 2024 | Buy | 1,350 | $9.63 |
| Freno Michael | May 9, 2024 | Buy | 27,500 | $9.73 |
| Byers Stephen RDirector | Feb 28, 2024 | Buy | 570 | $9.70 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.0M | 2.6 | -5.3% |
| Apr 30, 2026 | 2.1M | 3.5 | +8.7% |
| Apr 15, 2026 | 2.0M | 3.0 | -0.9% |
| Mar 31, 2026 | 2.0M | 3.1 | +4.6% |
| Mar 13, 2026 | 1.9M | 1.9 | +34.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreementJun 1, 2026
- Results of operations · Shareholder vote · Regulation FD disclosureMay 7, 2026
- Results of operations · Regulation FD disclosureFeb 19, 2026
- Entered a material agreement · New financial obligationNov 17, 2025
- Director / officer change · Regulation FD disclosureNov 6, 2025
- Results of operations · Regulation FD disclosureNov 6, 2025
- Regulation FD disclosure · Other material eventOct 7, 2025
- Entered a material agreement · New financial obligationSep 15, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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