Palmer Square Capital BDC Inc., a Maryland corporation, was formed on August 26, 2019. It is an externally managed, non-diversified closed-end management investment company focused on lending and investing in corporate debt securities of US companies, including small and large private companies. 

Palmer Square Capital BDC Inc. (PSBD) is expected to earn $0.38 per share in the current quarter, a year-over-year change of -11.6%. The Zacks Consensus Estimate has increased 7.98% over the last 30 days, with two estimates going higher compared to no negative revisions. For the full year, the earnings estimate of $1.50 per share represents a change of -9.6% from the year-ago number. With a Zacks Rank of #2 (Buy), the company's promising estimate revisions make it a solid choice for investors.

Palmer Square Capital BDC

Palmer Square Capital BDC Earnings Estimates Rise Amid Optimism

UBS cuts Palmer Square Capital BDC's price target to $10.00/share from $11.00. The rating remains neutral.

UBS Lowers Palmer Square Capital BDC Price Target to $10.00/Share

Palmer Square Capital BDC Inc: UBS cuts target price to $10 from $11

UBS Group

Palmer Square Capital BDC Inc: UBS cuts target price to $10 from $11

Palmer Square Capital BDC Inc. has announced a new $406 million issue set to mature in 2026, with Bank of America (BofA) serving as the lead underwriter. The offering, part of the company’s ongoing capital-raising efforts, reflects the firm’s strategy to expand its investment portfolio and meet growing demand for business development company (BDC) financing options. The new issue is structured to provide long-term capital to support the company’s lending and investment activities, aligning with its role in the middle-market credit landscape.This offering follows the company’s first-quarter 2026 financial results, which were recently disclosed, indicating <a href="https://www.palmersquarebdc.com/news-events/press-releases/detail/36/palmer-square-capital-bdc-inc-announces-first-quarter-2026-financial-results">continued operational performance</a> and strategic positioning in the BDC sector. The terms of the issue, including pricing and yield details, remain subject to market conditions and investor demand. Investors are advised to monitor the company’s disclosures and market developments for further clarity on the offering’s structure and performance expectations.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1cf89d3c21971001.png" alt="Priced: Palmer Square 2026-3 $406M new issue via BofA">

Bank Of America

Priced: Palmer Square 2026-3 $406M new issue via BofA

Palmer Square Capital BDC Inc. reported Q2 2026 financial results with total investment income of $27.3 million, down from $31.7 million YoY. Net investment income was $12.0 million or $0.39 per share, compared to $13.8 million or $0.43 per share YoY. Net asset value was $13.21 per share as of June 30, 2026. The company declared a third quarter regular base dividend of $0.36 per share and expects to announce a supplemental dividend in September.

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