TRIN News & Events

Reports Q1 total investment income $90.13M, consensus $85.26M. Reports NAV of $1.2B, or $13.27 per share at the end of Q1, from $13.42 at previous quarter end. "Trinity Capital delivered a strong first quarter, increasing earnings per share while maintaining consistent credit quality and continued diversification across our portfolio," said Kyle Brown, CEO. "The strategic expansion of our managed funds platform is growing our ability to serve investors at scale while creating new sources of recurring income. We remain focused and confident in the durability of our earnings and our ability to consistently provide long-term benefits for our shareholders."

Trinity Capital is pleased to announce that its sponsored investment fund, Trinity Capital SBIC LP has received approval from the U.S. Small Business Administration to operate as a Small Business Investment Company. The Fund is the company's third sponsored investment fund that has received such a license since the company's inception in 2008. Previously, through its predecessor funds, the company deployed $734M through SBICs. The approval reflects the company's commitment to supporting growth-oriented lower middle market businesses in the United States, with support from the SBA's Office of Investment and Innovation.