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.

PHOENIX , Feb. 29, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $25 million in growth capital to Moxe Health ("Moxe"), a leader in healthcare interoperability and clinical data exchange. Based in Madison, WI, Moxe leverages technology to improve and simplify the sharing of clinical information and critical insights between payer and provider organizations.

Trinity Capital Inc. Provides $25 Million Growth Capital to Moxe Health

Trinity Capital is a BDC offering a high dividend yield of around 14% and is set to report its Q4 earnings on 29 February. The BDC sector is expected to face challenges in 2024 due to declining interest rates and credit quality concerns. Trinity Capital's portfolio has shown signs of deterioration in asset quality, but its management is expected to handle non-accruals effectively.

Trinity Capital: What To Look Out For In This 14% Yielders Earnings

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PHOENIX , Feb. 20, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $120 million in equipment financing to Rocket Lab USA, Inc. (NASDAQ: RKLB) ("Rocket Lab"), a leading provider of space launch services and advanced satellite technology. Based in Long Beach, California, Rocket Lab is an end-to-end space company that provides launch services, satellite manufacturing, spacecraft components, and on-orbit management solutions.

Trinity Capital Inc. Provides $120 Million Equipment Financing to Rocket Lab

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MILPITAS, Calif.--(BUSINESS WIRE)-- #FundingAnnouncement--cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity investment by funds managed by Morgan Stanley Expansion Capital and a debt refinancing by Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity"). The involvement of these premier investors in this difficult market reflects positively on the company's performance, its strategic positioning and the exciting market opportunity. M.

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PHOENIX , Feb. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies. Formlogic is changing how precision parts are sourced and manufactured by separating engineering from physical labor.

Trinity Capital Inc. Provides $20 Million Equipment Financing to Formlogic

PHOENIX , Feb. 6, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2023: Wednesday, March 6, 2024, at 9:00 a.m. PT (12:00 p.m.

Trinity Capital Inc. Confirms Fourth Quarter 2023 Call and Announces 2024 Financial Reporting Dates

Trinity Capital offers a high dividend yield and trades at a significant discount compared to its internally managed peers. The company has a diversified investment portfolio and a multi-pronged approach to generating returns, with rising return on equity. TRIN's strong balance sheet and steady NAV performance make it an attractive investment at its current price.

Trinity Capital: A 14% Yield That's Worth The Price Of Admission

PHOENIX , Feb. 1, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has assigned an investment grade credit rating of "BBB (low)" with a stable outlook to the Company. "We are pleased with the Morningstar DBRS rating and appreciate their confidence in Trinity," said Kyle Brown, CEO of Trinity Capital.

Trinity Capital Receives Investment Grade Rating from Morningstar DBRS

PHOENIX , Jan. 31, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $15 million in growth capital to Kafene, a point-of-sale platform that helps retailers offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements. Kafene's lease-to-own platform has generated more than $150 million in incremental sales for its retailer partners since its launch in 2020.

Trinity Capital Inc. Provides $15 Million Venture Debt Facility to Kafene

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Trinity Capital (TRIN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -9.13% in 4 Weeks, Here's Why You Should You Buy the Dip in Trinity Capital (TRIN)

PHOENIX , Jan. 23, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the strategic expansion of its origination team with the appointment of Brendan Carr as Director of Tech Lending, based in Boston. Bringing a wealth of experience from over a decade in the venture banking sphere, Mr.

Trinity Capital Inc. Further Expands East Coast Presence with Appointment of Brendan Carr as Director

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Trinity Capital is well-positioned to offer healthy returns to shareholders in 2024 due to its diversified portfolio and high asset quality. TriplePoint's high accruals and declining portfolio value may hinder its performance. The private credit market is expected to rebound significantly in 2024, benefiting BDCs like Trinity Capital.

Trinity Capital's Outperformance Is Likely To Continue In 2024 Against TriplePoint And S&P 500 (Rating Downgrade)

Trinity Capital sets a record with $642 million of funded investments in 2023 PHOENIX, Jan. 8, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced certain highlights for the quarter and year ended December 31, 2023. Trinity originated $340.7 million of total new commitments in the fourth quarter, bringing total new commitments for the year ended December 31, 2023, to $830.7 million.

Trinity Capital Inc. Originates $831 Million in New Commitments in 2023

PHOENIX , Jan. 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity," "Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that, as part of the Company's long-term succession plan, its Board of Directors has named Michael Testa as Chief Financial Officer ("CFO"), effective immediately. He succeeds David Lund, who will remain on the team as a consultant, focusing on strategic growth initiatives for the Company.

Trinity Capital Inc. Appoints Michael Testa as Chief Financial Officer

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Trinity Capital operates as a BDC and venture capital firm, focusing on providing venture debt to growth-stage companies. The company has a diversified portfolio, with a majority of its investments in the healthcare and pharma sectors. Trinity Capital has reported solid financials, with a strong return on average equity and an increase in net asset value. However, shares are currently trading at a premium to net asset value.

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Trinity Capital Inc. is a BDC focused on providing debt and equipment financing to growth stage companies. The portfolio consists mainly of term loans and equipment financings, with a very minimal skew towards the equity component. Plus, most of investments are based on floating rates. While Trinity Capital offers a high yield of 13% and it has a great portfolio structure, it carries significant risk due to its heavy exposure to small companies in a cash burn cycle.

Trinity Capital: When Taking Additional 2-3% Yield Compared To Peers Is Not Justified

News for Trinity Capital Stock (TRIN)