Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.89%. A quarter ago, it was expected that this business development company would post earnings of $0.59 per share when it actually produced earnings of $0.56, delivering a surprise of -5.08%.Over the last four q ...

An International Alternative Asset Manager FIRST QUARTER 2025 INVESTOR PRESENTATION TRINITYCAPITAL.COM NASDAQ: TRIN FORWARD-LOOKING STATEMENTS | DISCLAIMER Trinity Capital Inc. (the "Company") cautions that this presentation may contain forward-looking statements that are based on current expectations and assumptions about future events, and which are not based in historical fact. The forward-looking statements in this presentation are based on current conditions as of the date of this presentation, and inc ...

Core Insights - Trinity Capital Inc. reported a total investment income growth of 29.5% year-over-year, reaching $65.4 million for Q1 2025 [4][13] - The company's net asset value (NAV) increased to $833 million, although NAV per share decreased to $13.05 from $13.35 [10][13] - The return on average equity (ROAE) was reported at 15.5% for the first quarter of 2025 [13] Financial Performance - Total investment income for Q1 2025 was $65.4 million, compared to $50.5 million in Q1 2024 [4][13] - Net investment income was approximately $32.4 million, or $0.52 per share, compared to $25.2 million or $0.54 per share in the previous year [7][13] - The net increase in net assets resulting from operations was $27.1 million, or $0.43 per share, up from $14.5 million or $0.31 per share in Q1 2024 [9][13] Operating Expenses - Total operating expenses, excluding interest, were $15.3 million in Q1 2025, up from $13.2 million in Q1 2024, primarily due to higher compensation and professional fees [5] - Interest expense increased to $17.7 million in Q1 2025 from $12.1 million in Q1 2024, attributed to higher average debt outstanding and borrowing rates [6] Investment Portfolio - As of March 31, 2025, the investment portfolio had a fair value of approximately $1.79 billion, consisting of $1.33 billion in secured loans, $336.7 million in equipment financings, and $125.6 million in equity and warrants [11][12] - The company originated approximately $185.9 million in new commitments during the first quarter, with gross investments funded totaling $220.4 million [12][13] Asset Management and Liquidity - The company had approximately $216.4 million in available liquidity as of March 31, 2025, including $8.4 million in unrestricted cash [17] - Trinity's leverage ratio was approximately 116% at the end of Q1 2025, compared to 108% at the end of Q4 2024 [20] Dividend Distribution - The Board of Directors declared a regular dividend of $0.51 per share for Q1 2025, marking the 21st consecutive quarter of consistent or increased dividends [22][13]

Core Viewpoint - Moody's has assigned Trinity Capital an investment grade long-term issuer rating of Baa3 with a stable outlook, reflecting the company's strong performance and investment expertise [1][2]. Company Overview - Trinity Capital Inc. is an international alternative asset manager focused on delivering consistent returns through private credit markets, having deployed over $4 billion across 400 investments since its inception in 2008 [3]. - The company operates across five complementary verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences [3]. Rating Factors - Moody's cited several factors for the Baa3 rating, including Trinity Capital's investment expertise, growing performance record, low reliance on secured funding, and strong capitalization and liquidity [2]. - The company's increased scale and diversification, particularly through new business verticals, were also highlighted as positive developments [2]. Management Commentary - The Chief Financial Officer of Trinity Capital expressed satisfaction with the Baa3 rating, indicating it affirms the strength of the company's platform and will facilitate access to capital at more favorable rates [3].

Company originates $186 million of new commitments in the first quarter of 2025 PHOENIX, April 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025. First quarter 2025 investment highlights: Investments funded totaled approximately $220 million, which ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of TRIN either through stock ownership, options, or other derivatives. I wrote this ...

PHOENIX, April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025. The Company will discuss its financial results on a conference call later that day at 12:00 p.m. ET.To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ125 if asked, approximately 10 ...

PHOENIX, April 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System (Versius), a versatile and adaptable soft-tissue surgical robot. The investment forms part of the company's recently closed financing round of more than $200 million.Headquartered in Ca ...

21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareho ...

PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Zach Taffet, Director, Capital Formation & Investor Relations Mr. Taffet brings nearly a decade of exp ...