Trinity Capital

Trinity Capital, Inc. engages in operation of an internally managed specialty lending company. It offers equipment lease line of credit, senior venture loan, subordinated term loan, and refinance existing venture debt. The company's financial products include equipment financing, senior venture loan, subordinated term loan and refinance existing venture debt. Trinity Capital was founded in January 2008 by Steven L. Brown and is headquartered in Phoenix, AZ.

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Trinity Capital reports strong Q4 results and explores growth opportunities

Trinity Capital's Q4 2022 performance showcased robust growth in assets and investment income, supported by a well-structured debt portfolio.
While facing challenges with increased leverage and anticipated early repayments, the company remains optimistic about future opportunities.
Exploring new structures, dividend increases, and strategic capital allocation highlight Trinity Capital's proactive approach to growth and income generation.

Trinity Capital reports strong Q1 earnings, navigates market challenges

Trinity Capital delivered a solid Q1 performance, marked by significant growth in investment income and a strategic dividend increase. While facing market challenges and operational complexities, the company remains focused on leveraging opportunities in the VC ecosystem and strengthening its financial position.

Trinity Capital reports robust Q2 growth and eyes venture opportunities

Trinity Capital's Q2 2023 earnings call highlighted strong financial performance, dividend growth, and a focus on strategic execution. With a solid debt portfolio, ample liquidity, and a commitment to maintaining credit quality, the company is well-positioned for future growth. Opportunities in venture capital investments and life sciences sector expansion signal a promising outlook for Trinity Capital.

Trinity Capital reports robust Q3 earnings, appoints new leadership

Trinity Capital's Q3 earnings call showcased strong financial performance, dividend growth, and leadership transition. The company's robust operational performance and stable portfolio position it well for future growth. Challenges in market dynamics and capital management require strategic focus, while opportunities in the macro environment offer avenues for expansion.

Trinity Capital reports record fundings and strong portfolio management

Trinity Capital delivered a strong performance in Q4 2023, with record fundings, increased AUM, and net investment income, supported by proactive portfolio management strategies.
Despite challenges like nonaccrual portfolio companies, Trinity's strengths in liquidity, capital management, and portfolio diversification offer resilience and growth potential.
Opportunities lie in the company's robust investment pipeline, tech lending expansion, and efficient capital deployment plans, positioning Trinity for continued success in a dynamic market.

Trinity Capital excels in Q1 with strong performance and growth strategies

Trinity Capital's Q1 2024 earnings call highlighted strong financial performance, stable credit quality, and strategic growth initiatives. The company's focus on credit underwriting, unique culture, and diversified business verticals position it for continued success. Challenges lie in managing leverage effectively and mitigating risks in debt funding amidst a competitive landscape.

Trinity Capital excels in Q2 2024, eyes growth opportunities

Trinity Capital's Q2 2024 performance reflects robust financial achievements, strategic expansion, and a commitment to maintaining credit quality and shareholder value.
The company's strengths lie in its diversified business lines, strong risk management practices, and proactive approach to driving growth through strategic partnerships.
While facing challenges in managing growth and regulatory considerations, Trinity has opportunities to capitalize on its strengths, explore new markets, and enhance shareholder returns.

Trinity Capital reports record Q3 earnings, eyes European expansion

Trinity Capital delivered strong financial performance in Q3 2024, with record net investment income and dividend consistency showcasing stability and growth.
The company's strategic initiatives, unique structure, and focus on credit quality position Trinity for sustainable expansion and shareholder value creation.
While facing challenges related to rapid growth and operational transparency, Trinity has opportunities to diversify, strengthen market position, and enhance investor relations.
Overall, Trinity's performance, strengths, and opportunities outweigh the challenges, indicating a positive outlook for continued growth and value creation.

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Trinity Capital, Inc. engages in the operation of an internally managed specialty lending company. It offers equipment lease line of credit, senior venture loan, subordinated term loan, and refinance existing venture debt. The company's financial products include equipment financing, senior venture loan, subordinated term loan, and refinance existing venture debt. The company was founded by Steven L. Brown in January 2008 and is headquartered in Phoenix, AZ.

Trinity Capital, Inc. (NASDAQ:TRIN ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Sarah Stanton - Chief Compliance Officer, General Counsel & Secretary Steven Brown - Chairman & CEO Kyle Brown - President, CIO & Director David Lund - CFO Michael Testa - CAO Gerald Harder - Chief Credit Officer Conference Call Participants Ryan Lynch - KBW Finian O'Shea - Wells Fargo Securities Christopher Nolan - Ladenburg Thalmann & Co. Casey Alexander - Compass Point Research & Trading Operator Good afternoon. My name is Catherine, and I will be your conference operator today.

Trinity Capital, Inc. (TRIN) CEO Steven Brown on Q1 2022 Results - Earnings Call Transcript

Trinity Capital (TRIN) delivered earnings and revenue surprises of 28.57% and 27.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Trinity Capital (TRIN) Q1 Earnings and Revenues Beat Estimates

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Trinity Capital (TRIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Trinity Capital (TRIN) Upgraded to Strong Buy: Here's What You Should Know

PHOENIX , April 14, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of debt and equipment financing to venture capital backed growth stage companies, today announced that it will release its first quarter 2022 financial results after market close on Monday, May 9, 2022. The Company will discuss its financial results on a conference call that day at 2:00 p.m.

Trinity Capital Inc. Schedules Release of First Quarter 2022 Financial Results and Conference Call

PHOENIX , April 11, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of debt and equipment financing to venture capital backed growth stage companies, today announced the appointment of Rob Lake as Managing Director, Life Sciences in San Diego, California. Mr. Lake, a veteran in the venture ecosystem, has been supporting venture capital-backed growth stage companies for 18+ years.

Trinity Capital Inc. Further Expands Origination Team with Industry Veteran Rob Lake

PHOENIX , April 5, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity"), an internally managed business development company, today announced that it has priced an underwritten public offering of $50.0 million of shares of its common stock at a public offering price of $18.15 per share. In connection with the proposed offering, Trinity has granted the underwriters a 30-day option to purchase up to 413,226 additional shares of its common stock.

Trinity Capital Inc. Announces Pricing of $50.0 Million of Shares of Common Stock

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We recently added TRIN to our investor BDC Tool and take this opportunity to highlight the company.

Trinity Capital: A Look At This 11.8% Yielding BDC With Income Tailwinds

Trinity Capital (TRIN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Trinity Capital (TRIN) Should Keep going

Trinity Capital (TRIN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Trinity Capital (TRIN) Soars 6.6%: Is Further Upside Left in the Stock?

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Gerry Harder Promoted to Chief Operating Officer Ron Kundich Promoted to Chief Credit Officer PHOENIX, March 17, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, today announced the promotions of two senior executives that will expand and deepen the Company's management team as it continues to execute against its long-term strategic plan. Gerry Harder has been promoted to serve as the Company's first-ever Chief Operating Officer, where he will steward corporate infrastructure and operational initiatives to support platform growth and new business creation.

Trinity Capital Inc. Announces Senior Leadership Appointments

Trinity Capital Inc. (TRIN) CEO Steve Brown on Q4 2021 Results - Earnings Call Transcript

Trinity Capital (TRIN) delivered earnings and revenue surprises of -2.56% and 6.84%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Trinity Capital (TRIN) Q4 Earnings Lag Estimates

PHOENIX, March 3, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, today announced its financial results for the fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights Total investment income of $23.6 million, an increase of 53.9% year-over-year Net investment income ("NII") of $10.6 million, or $0.39 per share, an increase of 100.1% year-over-year Made aggregate debt and equity investment commitments of $247.9 million Total gross investments funded of $197.5 million, comprised of $121.0 million across 11 new portfolio companies and $76.5 million across 14 existing portfolio companies Debt principal repayments of $41.7 million Investment portfolio of $873.5 million at fair value, an increase of 29.0% from Q3 2021   Net asset value ("NAV") per share increased to $16.40 from $14.70 on September 30, 2021 Declared a dividend distribution of $0.36 per share for the fourth quarter, an increase of 9.1% from Q3 2021 "Trinity Capital had a banner year in 2021," said Steven Brown, Chairman and Chief Executive Officer of Trinity Capital.

Trinity Capital Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

Trinity Capital (TRIN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Trinity Capital (TRIN) Ahead of Earnings?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Trinity Capital (TRIN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Trinity Capital (TRIN) Is a Great Choice for "Trend" Investors, Here's Why

Trinity Capital (TRIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Trinity Capital (TRIN) Could Beat Earnings Estimates Again

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PHOENIX, Feb. 28, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital, and private equity firms, is pleased to support Cepton's growth with a $25 million facility. The transaction was completed prior to Cepton Technologies' closing of the merger with Growth Capital Acquisition Corp, now renamed to Cepton Inc. (Nasdaq: CPTN) ("Cepton").

Trinity Capital Inc. Provides $25 Million Growth Capital to Cepton Technologies, Inc.

PHOENIX, Feb. 3, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity"), an internally managed business development company, today announced that it will release its fourth quarter and full year 2021 financial results after market close on Thursday, March 3, 2022. The Company will discuss its financial results on a conference call that day at 2:00 p.m.

Trinity Capital Inc. Schedules Release of Fourth Quarter and Full Year 2021 Financial Results and Conference Call

PHOENIX, Feb. 2, 2022 /PRNewswire/ – Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital, and private equity firms, today announced that it will receive approximately $59.8 million in aggregate net proceeds from the sale of its equity investments in Lucid Group, Inc. (Nasdaq: LCID) ("Lucid") and Matterport Inc. (Nasdaq: MTTR) ("Matterport"). In January 2022, Trinity disposed of 1,867,973 shares of common stock in Lucid and 571,941 shares of common stock in Matterport, which represented a combined investment at a cost of approximately $9.0 million.

Trinity Capital Inc. to Receive $59.8 Million in Net Proceeds from the Sale of Certain Equity Investments

PHOENIX, Jan. 10, 2022 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital and private equity firms, today announced certain highlights for the quarter and year ended December 31, 2021. Trinity finished 2021 with $248 million in new commitments in the fourth quarter, bringing total commitments for the year ended December 31, 2021 to a record $757 million.

Trinity Capital Inc. Sets a Record with $757 Million in New Commitments for 2021

PHOENIX, Dec. 20, 2021 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, today announced that on December 16, 2021, its Board of Directors declared a distribution of $0.36 per share with respect to the quarter ending December 31, 2021. This dividend represents an increase of 9.0% over the dividend declared in the prior quarter.

Trinity Capital Inc. Declares Cash Dividend of $0.36 per Share for the Fourth Quarter of 2021

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PHOENIX, Dec. 15, 2021 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity"), a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, today announced two appointments to its Board of Directors (the "Board") effective December 7, 2021. Experienced executives Richard Hamada and Irma Lockridge will join the Board, filling vacancies created by the retirement of Richard Ward and Edmund Zito, also effective December 7, 2021.

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