From GlobeNewswire: 2025-03-03 07:35:00

Monroe Capital Corporation (NASDAQ: MRCC) announced its financial results for Q4 2024, with net investment income of $6.0 million and a NAV of $191.8 million. They declared a first-quarter distribution of $0.25 per share payable on March 31, 2025. CEO Theodore L. Koenig praised the 11.4% annualized dividend yield from the predominantly first lien portfolio.

For the full year 2024, Monroe Capital Corporation reported NII of $24.5 million and Adjusted Net Investment Income of $25.0 million. The net increase in net assets resulting from operations was $9.7 million. The company focuses on maintaining the portfolio’s asset quality across varying economic environments and committed to prudent portfolio management.

Adjusted Net Investment Income for Q4 2024 was $6.2 million, a decrease from the previous quarter. The Company’s debt-to-equity leverage increased from 1.50 times to 1.53 times due to certain portfolio company paydowns. Monroe Capital Corporation remains focused on managing its investment portfolio and selectively redeploying capital resulting from future repayments.

Monroe Capital Corporation is a publicly-traded specialty finance company that invests in senior, unitranche, and junior secured debt. The company’s investment objective is to maximize total return to stockholders in the form of current income and capital appreciation. Monroe’s investment activities are managed by Monroe Capital BDC Advisors, LLC, an affiliate of Monroe Capital LLC.



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