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Main Street Capital Reports Strong Second Quarter Growth

Main Street Capital Corporation expects an annualized return on equity exceeding 18% for the second quarter of 2026, driven by a sixteenth consecutive increase in net asset value. The firm projects its net asset value per share will reach between $33.88 and $33.96 by the end of June.

Main Street Capital Reports Strong Second Quarter Growth
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CEO Dwayne L. Hyzak attributed the firm’s performance to significant fair value appreciation within its lower middle market and private loan portfolios. The company estimates its net investment income will land between $0.95 and $0.99 per share, with distributable net investment income before taxes projected at $1.06 to $1.10 per share. These figures account for the impact of a $0.30 per share supplemental dividend paid earlier in the quarter.

Investment activity remained robust, with $238.9 million deployed in private loan strategies, resulting in a net cost basis increase of $60.2 million. Meanwhile, the lower middle market portfolio saw $95.7 million in new investments. As of June 30, investments on non-accrual status remained low, comprising 1.1% of the total portfolio at fair value.

Main Street intends to publish its finalized second quarter results after markets close on August 6, 2026. A conference call for investors and analysts is scheduled for the following morning, August 7, at 10:00 a.m. Eastern time.

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