BBDC

Company Overview — What Does Barings BDC, Inc. Do?

Barings BDC, Inc. (NYSE: BBDC) is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. Barings BDC, Inc. Barings BDC, Inc. was incorporated on October 10, 2006 and is based in Charlotte, North Carolina with an additional office in Raleigh, North Carolina. Barings BDC, Inc. (BBDC) is classified as a small-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO Eric J. Lloyd and employs approximately 26 people, headquartered in Raleigh, North Carolina. With a market capitalization of $854M, BBDC is one of the notable companies in the Financials sector.

Barings BDC, Inc. (BBDC) Stock Rating — Hold (April 2026)

As of April 2026, Barings BDC, Inc. receives a Hold rating with a composite score of 49.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BBDC ranks #1,744 out of 4,446 stocks in our coverage universe. Within the Financials sector, Barings BDC, Inc. ranks #517 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BBDC Stock Price and 52-Week Range

Barings BDC, Inc. (BBDC) currently trades at $8.34. The 52-week high for BBDC is $9.92, which means the stock is currently trading -15.9% from its annual peak. The 52-week low is $7.66, putting the stock 8.9% above its annual trough. Recent trading volume was 603K shares, suggesting relatively thin trading activity.

Is BBDC Overvalued or Undervalued? — Valuation Analysis

Barings BDC, Inc. (BBDC) carries a value factor score of 35/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 8.85x, compared to the Financials sector average of 14.88x — a discount of 41%. The price-to-book ratio stands at 0.75x, versus the sector average of 1.22x. The price-to-sales ratio is 7.07x, compared to 0.90x for the average Financials stock. On an enterprise value basis, BBDC trades at 10.13x EV/EBITDA, versus 3.26x for the sector.

At current multiples, Barings BDC, Inc. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Barings BDC, Inc. Profitability — ROE, Margins, and Quality Score

Barings BDC, Inc. (BBDC) earns a quality factor score of 64/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 8.5%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 3.7% versus the sector average of 1.2%.

Net profit margin stands at 81.7%, versus 17.7% for the average Financials stock. Revenue growth is running at -17.7% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

BBDC Debt, Balance Sheet, and Financial Health

Barings BDC, Inc. has a debt-to-equity ratio of 104.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.79x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.20B. Cash and equivalents stand at $71M.

BBDC has a beta of 0.62, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Barings BDC, Inc. is 88/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Barings BDC, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Barings BDC, Inc. reported revenue of $124M and earnings per share (EPS) of $1.12. Net income for the quarter was $99M. Operating income came in at $-2M.

In FY 2025, Barings BDC, Inc. reported revenue of $122M and earnings per share (EPS) of $1.12. Net income for the quarter was $102M. Revenue grew -9.7% year-over-year compared to FY 2024.

In Q3 2025, Barings BDC, Inc. reported revenue of $35M and earnings per share (EPS) of $0.32. Net income for the quarter was $24M. Revenue grew 12.0% year-over-year compared to Q3 2024.

In Q2 2025, Barings BDC, Inc. reported revenue of $31M and earnings per share (EPS) of $0.28. Net income for the quarter was $21M. Revenue grew -27.9% year-over-year compared to Q2 2024.

Over the past 8 quarters, Barings BDC, Inc. has demonstrated a growth trajectory, with revenue expanding from $42M to $124M. Investors analyzing BBDC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BBDC Dividend Yield and Income Analysis

Barings BDC, Inc. (BBDC) currently pays a dividend yield of 13.6%. At this yield, a $10,000 investment in BBDC stock would generate approximately $$1358.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning BBDC offers above-average income for its sector. With a net margin of 81.7%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

BBDC Momentum and Technical Analysis Profile

Barings BDC, Inc. (BBDC) has a momentum factor score of 36/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 41/100 reflects moderate short selling activity.

BBDC vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, Barings BDC, Inc. (BBDC) ranks #517 out of 891 stocks based on the Blank Capital composite score. This places BBDC in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing BBDC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BBDC vs S&P 500 (SPY) comparison to assess how Barings BDC, Inc. stacks up against the broader market across all factor dimensions.

BBDC Next Earnings Date

No upcoming earnings date has been announced for Barings BDC, Inc. (BBDC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BBDC? — Investment Thesis Summary

Barings BDC, Inc. presents a balanced picture with arguments on both sides. The quality score of 64/100 indicates above-average profitability and business fundamentals. The value score of 35/100 indicates premium valuation. Momentum is weak at 36/100, a headwind for near-term performance. Low volatility (stability score 88/100) reduces downside risk.

In summary, Barings BDC, Inc. (BBDC) earns a Hold rating with a composite score of 49.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BBDC stock.

Related Resources for BBDC Investors

Explore more research and tools: BBDC vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BBDC head-to-head with peers: BBDC vs WTM, BBDC vs OPY, BBDC vs ACT.