WhiteHorse Finance

WhiteHorse Finance missed analyst expectations in Q2 2026 with core net investment income of $0.217 per share and revenue of $14.37 million. At the same time, net asset value rose to $11.77 per share (+2.6%) thanks to realized and unrealized portfolio gains, which supported the stock up 6.6% to $7.15. The company continued share buybacks and cited potential liquidity events at Chase Products, Naviga and PlayMonster; the board set a base distribution for Q3 of $0.25 per share. Risks remain in the form of lower ongoing yields, outstanding bond maturities ($85 million in Dec. 2026) and refinancing needs. » More on de.investing.com

WhiteHorse Finance reported Q1 2026 net investment income of $0.25 per share versus consensus of $0.28 and revenue of $15.86 million, missing estimates. Realized and unrealized net losses on investments totaled $6.3 million; nonperforming assets rose to 3.0% of debt investments (fair value). NAV per share fell to $11.47; the stock trades at about a 34% discount to NAV, while management continued the dividend and buybacks and temporarily reduced the incentive fee. The company highlights diversified funding, growth in the STRS-JV and continued focus on senior secured loans, but remains watchful of credit quality and portfolio yields. » More on de.investing.com

WhiteHorse Finance said its subsidiary WhiteHorse Finance Credit I reduced the available credit facility from $100 million to $50 million; the amendment with JPMorgan, Citibank and Virtus took effect on March 10, 2026, and the lenders waived a contractually stipulated fee of 1.00%. The company remains portfolio manager, JPMorgan serves as administrative agent, Citibank as collateral custodian and Virtus as collateral administrator. Additionally, WhiteHorse reported strong Q4 2025 results, beating estimates on both EPS ($0.287 vs. $0.274 expected) and revenue ($17.24 million vs. $16.91 million expected), though the stock reacted slightly negatively in premarket trading. InvestingPro data indicate a dividend yield of 14.78% and a dividend history of 15 consecutive years. » More on de.investing.com