Trinity Capital (TRIN)

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Trinity Capital (TRIN) Matches Q3 Earnings Estimates
ZACKS· 2024-10-30 14:16
Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this business development company would post earnings of $0.53 per share when it actually produced earnings of $0.51, delivering a surprise of -3.77%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Trini ...
Trinity Capital Inc. Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-10-30 12:07
Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Record total investment income of $61.8 million, an increase of ...
Trinity Capital Inc. Closes $142.5 Million Notes Offering
Prnewswire· 2024-10-30 12:05
PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced it has closed a private notes offering totaling $142.5 million in aggregate principal amount of unsecured Series A Notes (as defined below). "We are pleased by this transaction being oversubscribed from the launch amount of $100 million," said Kyle Brown, Chief Executive Officer of Trinity Capital. "This a ...
Trinity Capital (TRIN) - 2024 Q3 - Quarterly Report
2024-10-30 12:01
Table of Contents whwwrecw20112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39958 TRINITY CAPITAL INC. (Exact name of registrant as specified in its charter) Maryland 35-2670395 (State or other jurisdi ...
Trinity Capital (TRIN) - 2024 Q3 - Quarterly Results
2024-10-30 12:00
Exhibit 99.1 Trinity Capital Inc. Reports Third Quarter 2024 Financial Results Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, October 30, 2024 – Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlig ...
Trinity Capital: Is This 15% Yield Safe?
Seeking Alpha· 2024-10-22 02:35
Business development companies are popular with dividend investors for obvious reasons: they pay high dividends, and in many cases yields are in double-digit territory. Trinity Capital (NASDAQ: TRIN ) stands out of the BDC universe by offering dividend investorsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...
Trinity Capital Inc. Provides $40 Million in Growth Capital to Beam Benefits
Prnewswire· 2024-10-10 12:30
PHOENIX, Oct. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop shop for ancillary benefits, offering dental, vision, life, disability, and supplemental health co ...
Trinity Capital: Continuing To Deliver A High Yield To Investors
Seeking Alpha· 2024-10-10 08:51
Trinity Capital (NASDAQ: TRIN ) is a business development company ("BDC") that continues to deliver a solid double-digit dividend yield to investors. This BDC is focused on investing in venture debt and equipment financing. Venture capital-focused BDCs can be Interested in more income ideas? Check out Cash Builder Opportunities, where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments th ...
Trinity Capital Inc. Originates a Record $635 Million in the Third Quarter of 2024
Prnewswire· 2024-10-08 12:05
Record $459 million of fundings in the third quarter of 2024 PHOENIX, Oct. 8, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced a portfolio update for the third quarter of 2024. Trinity originated a record $635 million of investments in the third quarter of 2024, bringing total new commitments for the first three quarters of 2024 to $1.2 billion. Additionally, Trinity fund ...
Trinity Capital Inc. Announces Time Change for its Third Quarter 2024 Conference Call
Prnewswire· 2024-10-07 20:05
PHOENIX, Oct. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that the Company will now be hosting its third quarter 2024 conference call at 8:00 a.m. PT (11:00 a.m. ET) on Wednesday, October 30, 2024, one hour earlier than previously announced. Trinity will still release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. To liste ...