PSBD · CIK 0001794776 · operating
Palmer Square Capital BDC Inc. is a business development company that provides direct investment capital to middle-market borrowers, primarily through corporate debt securities and structured credit instruments. The firm focuses on originating and managing investments in collateralized loan obligations and other credit-based assets, with a geographic focus on the United States. As a BDC, the company operates under a closed-end investment structure regulated under the Investment Company Act of 1940.
The company's investment strategy centers on deploying capital into corporate debt and structured credit markets, generating revenue primarily through interest income on loans and securities held in its portfolio, as well as fees associated with investment management and administration. Palmer Square Capital targets middle-market companies and structured credit opportunities where it can provide meaningful capital solutions.
Headquartered in Mission Woods, Kansas, and incorporated in Maryland, the company operates as a publicly traded entity on the New York Stock Exchange. The firm maintains a relatively modest asset base compared to larger institutional asset managers, with a market capitalization of approximately $300 million.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.66 | $1.66 | -14.0% | |
| 2024 | $1.93 | $1.93 | -14.6% | |
| 2023 | $2.26 | $2.26 | +170.2% | |
| 2022 | $-3.22 | $-3.22 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-26 | 0001193125-26-073362 | SEC ↗ |
| 2024-12-31 | 2025-02-27 | 0000950170-25-028337 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0001213900-24-017740 | SEC ↗ |
| 2022-12-31 | 2023-03-10 | 0001213900-23-019265 | SEC ↗ |
| 2021-12-31 | 2022-03-11 | 0001213900-22-011902 | SEC ↗ |
| 2020-12-31 | 2021-03-12 | 0001213900-21-015173 | SEC ↗ |