Capital Southwest stock trades at EUR 21.47 after Q2 results
Published on 11/12/2026 at 01:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital Southwest earnings and dividends
- Capital Southwest reported USD 67.2 million in total investment income for the quarter ended September 30, 2026.
- Pre-tax net investment income reached USD 0.58 per share, while the board declared total quarterly dividends of USD 0.64 per share.
- Credit investments reached USD 2.2 billion at fair value, with 99 percent in first-lien senior secured debt.
Capital Southwest reported its second fiscal quarter results on November 2, covering the period ended September 30, 2026. The company said total investment income rose to USD 67.2 million from USD 61.0 million in the prior quarter, while pre-tax net investment income reached USD 37.2 million, or USD 0.58 per share. The results were published in a Capital Southwest earnings release.
Portfolio growth meets credit pressure
Capital Southwest originated USD 391.0 million in new commitments during the quarter across 14 new and 16 existing portfolio companies. The credit portfolio ended the period at USD 2.2 billion at fair value, up from USD 1.7 billion a year earlier, according to the company.
The portfolio remained concentrated in first-lien senior secured debt, which accounted for 99 percent of the credit portfolio. At the same time, current non-accrual investments represented 1.4 percent of the total investment portfolio at fair value. Net realized and unrealized losses on investments reached USD 13.4 million, including USD 14.6 million of depreciation in the credit portfolio.
Dividend and funding outlook
The board declared a regular quarterly dividend of USD 0.58 per share, paid in monthly installments of USD 0.1934 for October, November and December. It also declared a supplemental dividend of USD 0.06 per share payable in December, bringing total dividends for the quarter to USD 0.64 per share.
Capital Southwest stock traded at 21.47 euros on Lang & Schwarz at 23:00 CET on Wednesday, November 11, 2026. The company also strengthened its funding base during the quarter by issuing USD 350 million of 6.75 percent unsecured notes due in 2031 and raising USD 67.0 million through its equity ATM program.
Business model and market position
Capital Southwest Corporation is an internally managed business development company based in Dallas, Texas. It provides flexible financing to middle-market businesses, typically investing between USD 5 million and USD 50 million across first-lien, second-lien and non-control equity positions.
The company operates with a permanent capital base and focuses on supporting acquisitions and growth at portfolio companies. Its investments at fair value totaled USD 2.4 billion at September 30, 2026, placing the business within the specialized middle-market lending segment rather than traditional commercial banking.
Capital Southwest at a glance
- Company: Capital Southwest Corporation
- ISIN: US1405011073
- Ticker: CSWC
- Home exchange: Nasdaq
- Latest quote: 21.47 euros on November 11, 2026 at 23:00 CET on Lang & Schwarz
- Second fiscal quarter: Ended September 30, 2026
- Credit portfolio: USD 2.2 billion at fair value
- Regular quarterly dividend: USD 0.58 per share
- Supplemental quarterly dividend: USD 0.06 per share
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