New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2024 [Yahoo! Finance]
New Mountain Finance Corporation (NMFC)
Last new mountain finance corporation earnings: 2/26 04:35 pm
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US:NYSE Investor Relations:
newmountainfinance.com
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Source: Yahoo! Finance
NEW YORK, May 01, 2024 BUSINESS WIRE )--New Mountain Finance Corporation (NASDAQ: NMFC) ("New Mountain," "New Mountain Finance" or the "Company") today announced its financial results for the quarter ended March 31, 2024. First Quarter Highlights Net investment income of $37.3 million, or $0.36 per weighted average share Net asset value of $12.77 per share compared to $12.87 per share as of December 31, 2023. The 0.8% decline is driven by stable core credit performance, offset by a decrease in value in one of the Company's equity positions Internal risk rating improved with 96.5% of the portfolio rated green as of March 31, 2024, compared to 94.5% as of December 31, 2023 Generated $191.8 million of originations , partially offset by cash repayments of $144.9 million De-levered from 1.14x as of December 31, 2023 to 1.08x as of March 31, 2024 Declared a regular second quarter 2024 distribution of $0.32 per share and a supplemental distribution related to first quarter ear
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News
- New Mountain Finance Corporation (NASDAQ:NMFC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2024Business Wire
- New Mountain Finance Corporation Schedules its First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- New Mountain Finance: 11% Yielding BDC [Seeking Alpha]Seeking Alpha
- New Mountain Finance Corporation (NASDAQ:NMFC) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
NMFC
Earnings
- 5/1/24 - Miss
NMFC
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/24/24 - Form 4
- NMFC's page on the SEC website