Capital Southwest Reports Final Q4 2026 Results: NII $0.59/Share, NAV $16.69
CSWC sits 20% above its 52-week low of $19.37.
Summary
Capital Southwest announced its final Q4 2026 earnings, reporting $0.59 NII per share and $16.69 NAV per share, alongside consistent dividends and $25.5 million raised through its ATM program at a premium to NAV.
Key Events · Earnings and Guidance · CSWC
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Final Q4 2026 Financial Results
Capital Southwest reported pre-tax net investment income of $0.59 per share for Q4 2026, a slight decrease from $0.60 in the prior quarter. Net Asset Value (NAV) per share decreased marginally to $16.69 from $16.75.
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Consistent Dividend Payouts
The company declared a regular quarterly dividend of $0.58 per share and a supplemental quarterly dividend of $0.06 per share, maintaining its consistent payout strategy.
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Equity ATM Program Utilized
Capital Southwest sold 1,104,220 shares under its Equity ATM Program, generating $25.5 million in gross proceeds at a weighted-average price of $23.13 per share, which is 138% of the prevailing NAV per share.
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Portfolio Growth and Health
The total investment portfolio grew by 17% year-over-year to $2.1 billion, with non-accruals representing a low 1.1% of the total investment portfolio at fair value.
Analysis · CSWC · Unknown
Capital Southwest reported its final financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2026. The company's pre-tax net investment income (NII) for the quarter was $0.59 per share, a slight decrease from the prior quarter's $0.60. Net Asset Value (NAV) per share also saw a minor dip to $16.69 from $16.75. Despite these slight declines, the company maintained its regular quarterly dividend of $0.58 per share and a supplemental dividend of $0.06 per share. The company also utilized its Equity ATM Program, selling $25.5 million in shares at a weighted-average price of $23.13 per share, which is a premium to NAV and accretive to existing shareholders.
At the time of this filing, CSWC was trading at $23.34 on NASDAQ in the Unknown sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $19.37 to $24.43. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.