Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monroe Capital maintains dividend coverage amid market challenges and growth opportunities

Monroe Capital's Q1 2024 performance remained steady, covering dividends and showcasing resilience despite challenges in market conditions and leverage increase.
The company's strengths in providing flexible capital solutions and managing portfolios effectively position it well to navigate competitive credit markets and capitalize on growth opportunities.

Monroe Capital reports mixed Q3 results, secures $1B seed capital

Monroe Capital's Q3 performance reflects a mix of positive income generation and operational challenges.
The company's strengths lie in securing new seed capital, maintaining a diversified investment portfolio, and aligning with market trends.
Challenges include managing expenses, optimizing operational efficiency, and balancing income with costs.
Opportunities for growth stem from strategic transactions, increasing middle-market loan volumes, and leveraging new capital for expansion.

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Monroe Capital (NASDAQ:MRCC ) Q3 2024 Earnings Call Transcript November 13, 2024 11:00 AM ET Company Participants Ted Koenig - CEO Mick Solimene - CFO and CIO Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Third Quarter 2024 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results and cash flows, although we believe these statements are reasonable based on management's estimates, assumptions and projections as of today, November 13, 2024.

Monroe Capital (MRCC) Q3 2024 Earnings Call Transcript

Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago.

Monroe Capital (MRCC) Tops Q3 Earnings and Revenue Estimates

CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the third quarter ended September 30, 2024.

Monroe Capital Corporation BDC Announces Third Quarter 2024 Results

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of its inaugural collateralized fund obligation (“CFO”) known as Monroe Capital CFO I, Ltd. The $315 million CFO provides investors access to a diversified portfolio of Monroe's strategies, including Monroe's flagship senior secured direct lending and alternative credit solutions platforms, in both rated and non-rated securities. Seth Friedman, Head of Structured Solutions for Monroe said, “We are thrilled to cl.

Monroe Capital Closes Inaugural $315 Million Collateralized Fund Obligation

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding II, LLC (“MCIP II”), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. Monroe Capital Income Plus ABS Funding II, LLC is a $255.0 million securitization managed by Monroe BDC Advisors, LLC (“Monroe” or the “Collateral Manager”), an affiliate of Monroe Capital LLC. The securitization consists of $163.2 million of Class.

KBRA Assigns Preliminary Ratings to Monroe Capital Income Plus ABS Funding II, LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) has been selected by Inc. Magazine's 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms with a track record of backing founder-led companies and helping them achieve success. As a founder-led business itself, Monroe understands that the key to success lies in supporting visionary leaders and their organization. The firm's investment strategy includes providing a partnership for founde.

Monroe Capital Named to Inc.'s 2024 List of Founder-Friendly Investors

CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter ended September 30, 2024 financial results on Tuesday, November 12, 2024, after the close of the financial markets.

Monroe Capital Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery. Founded in 1994 and based in Louisville, CO, Izzio Artisan Bakery is a family-owned wholesale bakery that produces traditional sourdough breads. The customer base primarily consists of U.S. grocery store chains. Izzio Artisan Bakery is recognized by end consumers and store purchasers fo.

Monroe Capital Supports the Growth of Izzio Artisan Bakery

Monroe Capital (MRCC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Monroe Capital (MRCC) Rating Upgrade to Strong Buy

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MRCC, DBSDY and MFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 10, 2024.

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CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR. Founded in Sunrise, FL, Voyce is a provider of tech-enabled language interpretation services primarily in healthcare end-markets, offering both video remote interpretation and over-the-phone interpretation for over 240 languages. Voyce tec.

Monroe Capital Supports Cloudbreak Health, LLC's Acquisition of Voyce Global

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of the Level Ex Games (“Level Ex”) pharma and life sciences division by Relevate Health Group (“Relevate”), an existing portfolio company of Mountaingate Capital. Based in Chicago, IL, Level Ex is a video game technology platform that delivers healthcare professional engagement solutions primarily for phar.

Monroe Capital Supports Relevate Health Group's Acquisition of Level Ex Games Pharma and Life Sciences Division

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Point 41 Capital Partners' acquisitions of Georgia Water & Fire Restoration (“GWFR”) and Property Medics of Georgia (“Property Medics”). Together, they will form a new restoration services platform (“the Company”). Founded in 1989 and based in Cumming, GA, GWFR is a provider of property mitigation and restoration serv.

Monroe Capital Supports Point 41 Capital Partners' Acquisitions of Georgia Water & Fire Restoration and Property Medics of Georgia

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, Inc. (“Ditron”) and MSK Precision Products, Inc. (“MSK”) by PrecisionX Group (“PrecisionX”), an existing portfolio company of CORE Industrial Partners. Based in Stormville, NY, Ditron offers a comprehensive manufacturing solution utilizing micro precision stamping to manufacture complex, tight.

Monroe Capital Supports PrecisionX Group's Add-on Acquisitions

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the majority recapitalization of Northeast Contracting Corp. (“NECC”) by RCap Equity Partners. Founded in 2002 and headquartered in Lorton, VA, NECC specializes in commercial roofing services, including re-roofing, installation, and repair & maintenance in the D.C., Maryland, and Virginia area.

Monroe Capital Supports RCap Equity Partners' Investment in Northeast Contracting Corp.

CHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the third quarter of 2024, payable on September 30, 2024 to stockholders of record as of September 16, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

Monroe Capital Corporation Announces Third Quarter Distribution of $0.25 Per Share

Monroe Capital (MRCC) has recently managed to outperform the broader BDC market, partly due to some additional certainty on the dividend coverage front after the Q2 report. However, if we dig deeper into the data, we will see that these improvements are temporary and the underlying picture remains uncertain. MRCC faces high leverage, dividend coverage issues, and deteriorating portfolio quality, making it risky for long-term investment despite a discount to NAV.

Monroe Capital: Optical Improvements And Weak Fundamentals

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the future growth of EverService Holdings, LLC (“EverService”), an existing portfolio company of Sunstone Partners. Based in Phoenix, Arizona, EverService is a provider of customer acquisition and engagement services to small and mid-sized businesses. Serving businesses across legal, home services, and healthcare industri.

Monroe Capital Supports Sunstone Partners' EverService Holdings LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Independent Roofing Systems (“Independent”) by Rampart Exterior Services (“Rampart”), a portfolio company of Huron Capital. Based in Mississippi, Independent specializes in commercial roofing services, including re-roofing, installation, and repair & maintenance. Rampart was created to.

Monroe Capital Supports Huron Capital's Rampart Exterior Services Add-on Acquisition

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Xpress Wellness, LLC ("Xpress") by Goldman Sachs Alternatives. Based in Oklahoma City, OK, Xpress is affiliated with a physician-led rural healthcare platform that provides a range of high-quality, affordable, and convenient healthcare services to medically underserved communiti.

Monroe Capital Supports Goldman Sachs Alternatives' Acquisition of Xpress Wellness

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisitions of Billing Solutions, LLC (“Billing Solutions”) and edgeMED Healthcare (“edgeMED”) by Medusind Solutions Inc. (“Medusind”), an existing portfolio company of Alpine Investors. Based in Prescott, Arizona, Billing Solutions provides customized billing and practice management services for the behavioral heal.

Monroe Capital Supports Medusind's Add-on Acquisitions

Monroe Capital Corporation (NASDAQ:MRCC ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ted Koeing - Chief Executive Officer Mick Solimene - Chief Investment Officer and CFO Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Second Quarter 2024 Earnings Conference Call. Before we begin, I'd like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, belief, future potential, operating results and cash flows.

Monroe Capital Corporation (MRCC) Q2 2024 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Triad Financial Services, Inc. (“Triad”) to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be ~$300 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Mon.

Monroe Capital Leads ~$300mm Asset-Based Financing to Triad Financial Services, Inc.

Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago.

Monroe Capital (MRCC) Beats Q2 Earnings and Revenue Estimates

CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the second quarter ended June 30, 2024.

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