Franklin BSP Lending Corporation

Franklin BSP Lending Corporation

BDVC
Franklin BSP Lending CorporationUS flagOther OTC
3.50
USD
-6.72
- -
814.46MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
0.05
0.26
0.52
0.11
0.61
0.52
0.25
0.58
-0.11
1.1
0.47
0.57
Basic EPS, GAAP
- -
0.06
0.25
0.47
0.05
0.52
0.44
0.16
0.49
-0.18
1.03
0.39
0.49
Free Cash Flow per Basic Share
-0.07
-0.81
-3.22
-6.61
-1.94
0.47
-0.18
0.97
-0.65
0.06
-2.14
-0.06
0.45
Dividend per Share
- -
0.03
0.1
0.3
0.44
0.54
0.49
0.43
0.47
0.32
0.35
0.46
0.47
Book Value per Share
- -
- -
- -
0.05
-0.04
0.27
-1.46
-1.79
-2.02
-2.57
-2.02
-2.16
-2
Tangible Book Value per Share
- -
0.83
3.69
9.03
9.07
8.49
8.34
8.25
7.7
7.09
7.54
7.85
7.33
Basic Weighted Avg Shares
170
170
170
170
178
180
179
181
190
197
200
212
231
Sales/Revenue/Turnover
- -
9
43
89
20
109
94
46
110
-21
221
99
133
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
10
43
80
8
94
78
28
92
-36
206
82
114
Effective Tax Rate (%)
- -
- -
- -
2.98
- -
1.21
2.02
5.23
1.82
- -
1.58
7.02
3.15
Profit Margin (%)
268.63
110.12
98.44
89.49
40.95
86.28
83.8
61.49
84.42
168.28
93.46
82.62
86.04
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
34
133
619
842
910
1,030
885
1,084
1,105
1,272
1,224
1,162
Total Equity
- -
141
628
1,535
1,610
1,530
1,495
1,493
1,463
1,400
1,509
1,665
1,693
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
2,672.29
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
231
232
233
Market Capitalization
972
1,111
991

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
48
60
70
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
50.02%
2.35%
10.33%
Free Cash Flow
-449.19%
-912.94%
-97.21%
Net Income, GAAP
69%
-142.29%
-60.24%
Sales/Revenue/Turnover
-35.18%
-244.76%
-55.02%
Total Cash Common Dividend
58.73%
4.75%
40.04%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
71
70
41
39
221
2022
40
16
28
16
99
2023
37
35
45
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.33
0.33
0.19
- -
1.03
2022
0.17
0.06
0.1
- -
0.39
2023
0.14
0.13
0.17
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.08
0.08
0.08
- -
0.35
2022
0.12
0.11
0.11
- -
0.46
2023
0.12
0.12
0.12
- -
- -

Company Description

APIChatGPT
CEO
Taylor P. Harrington
Sector
Financial Services
Industry
Asset Management
Address
9 West 57th Street New York City NY United States of America 10019
IPO Date
Aug 24, 2016
Business
Franklin BSP Lending Corporation (Ticker: BDVC) is a financial services company specializing in lending and debt investment. The company primarily provides flexible credit solutions including senior secured loans, unitranche loans, and mezzanine debt financing to middle-market companies across various sectors. Its product offerings encompass direct lending facilities, asset-backed lending, and other credit-oriented investments. Franklin BSP Lending Corporation operates primarily in the United States and targets institutional investors and corporate borrowers seeking customized financing structures. The company is a part of Benefit Street Partners, which is a specialized credit asset management firm with a broad presence in financial markets. Established with a focus on lending to lower middle-market businesses, Franklin BSP Lending Corporation leverages the expertise and platform of Benefit Street Partners to deliver diversified credit products. The corporation's headquarters is aligned with Benefit Street Partners' base in New York City. Founded within the last two decades, the firm has evolved to position itself as a significant lender within the U.S. private credit market. In recent major changes, Franklin BSP Lending Corporation has pursued strategic enhancements including new credit facility launches and expansion of its lending portfolio. These moves are part of an ongoing effort to scale its operations and meet evolving client needs by broadening product offerings within its lending platform. The company has also engaged in acquisitions and strategic partnerships through Benefit Street Partners to enhance its market position and operational capabilities, reflecting its commitment to growth and adaptation within the competitive financial services industry. The firm serves a broad client base, including corporate borrowers requiring flexible capital solutions and institutional investors seeking yield through exposure to private credit markets. Its business segments cover direct lending, credit asset management, and loan servicing across multiple industries such as healthcare, industrials, and technology. Franklin BSP Lending Corporation operates under the regulatory framework relevant to U.S. financial institutions and maintains compliance with market standards for transparency and governance. Overall, Franklin BSP Lending Corporation combines extensive credit expertise with access to capital markets through Benefit Street Partners, offering a comprehensive suite of lending and credit investment solutions tailored to the U.S. middle market. The company’s strategic initiatives focus on sustained growth and innovation in credit management within its operating regions.