Scott Kennedy’s BDC + mREIT Earnings Series: Assessing Golub Capital BDC’s And Granite Point Mortgage’s Performance For Q2 2024
Summary
This earnings assessment article reviews GBDC’s and GPMT’s NAV/BV and adjusted NII/adjusted core earnings/EAD performance during Q2 2024 and compares results to expectations. Earnings remain a driver to stock performance.
GBDC’s NAV and adjusted NII matched expectations. GBDC closed a large merger during the quarter. GBDC remains a well-run BDC (n…