What's new? Log in Free sign up

Palmer Square Capital BDC (PSBD)

Company Profile

Company profile

Ticker

PSBD

Exchange

Website

palmersquarebdc.com

CEO

Christopher Dale Long

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Miscellaneous Financial Investment Activities

Industry (SIC)

Retail - Retail Stores, NEC

JD.com • Bath & Body Works • Petco Health and Wellness • Sally Beauty • Ulta Beauty • Titan Machinery • ATRenew • Star • MedMen Enterprises • Missfresh Limited ...

Former names

MESO NUMISMATICS, INC.

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Palmer Square BDC Funding I LLC • Palmer Square BDC Funding II LLC • Palmer Square BDC CLO 1, Ltd. • Palmer Square BDC CLO 1, LLC ...

IRS number

843665200

PSBD stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

Palmer Square Capital BDC Inc. Announces First Quarter 2025 Financial Results

Quarterly report

7 May 25

Palmer Square Capital BDC Announces First Quarter 2025

Entry into a Material Definitive Agreement

Prospectus for primary offering

Palmer Square Capital BDC Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

Transcripts

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Matthew L Bloomfield

Matthew L Bloomfield

Matthew L Bloomfield

Caravel Holdings LLC

Matthew L Bloomfield

Martin C Bicknell

First Trust Capital Management L.P.

CHRISTOPHER DALE LONG

Financial summary

Financial statements Chart PSBD financial data

Quarter (USD)	Mar 25	Dec 24	Sep 24	Jun 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.87 mm	2.87 mm		2.87 mm	2.87 mm	2.87 mm
Cash burn (monthly)	(no burn)	448.57 k		3.41 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	689.37 k		5.23 mm	n/a	n/a
Cash remaining	n/a	2.18 mm		-2.36 mm	n/a	n/a
Runway (months of cash)	n/a	4.9		-0.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

PSBD institutional ownership history Ownership history

48.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	35	22	+59.1%
Opened positions	15	14	+7.1%
Closed positions	2	0	NEW
Increased positions	10	3	+233.3%
Reduced positions	5	1	+400.0%

13F shares	Current	Prev Q	Change
Total value	209.23 bn	101.23 bn	+106.7%
Total shares	15.66 mm	8.22 mm	+90.6%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
OV Management	3.73 mm	$56.70 bn	0.0%
Mariner	2.28 mm	$34.59 bn	+97.7%
1248 Management	2.17 mm	$34.06 bn	NEW
Vivaldi Asset Management	2.01 mm	$30.55 bn	NEW
BFFV19	1.56 mm	$25.71 mm	0.0%
Pandi	911.85 k	$13.86 bn	NEW
Bienville Capital Management	676.41 k	$10.61 bn	NEW
Caravel	398.33 k	$6.45 mm	0.0%
FMR	377.11 k	$5.73 bn	-1.6%
Arlington Partners	300.49 k	$4.57 bn	-19.4%

Largest transactions	Shares	Bought/sold	Change
1248 Management	2.17 mm	+2.17 mm	NEW
Vivaldi Asset Management	2.01 mm	+2.01 mm	NEW
Mariner	2.28 mm	+1.12 mm	+97.7%
Pandi	911.85 k	+911.85 k	NEW
Bienville Capital Management	676.41 k	+676.41 k	NEW
BAC Bank of America	262.38 k	+262.38 k	NEW
Millennium Management	157.60 k	+157.60 k	NEW
Apollo Management	77.81 k	+77.81 k	NEW
Arlington Partners	300.49 k	-72.52 k	-19.4%
Monashee Investment Management	0.00	-65.40 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PSBD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	14.51	750	10.88 k	59,678
11 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.05	7,000	105.35 k	58,928
10 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.25	5,250	80.06 k	51,928
7 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.43	5,200	80.24 k	46,678
6 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.48	4,000	61.92 k	41,478
5 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.34	5,000	76.70 k	37,478
4 Mar 25	Matthew L Bloomfield	Common Stock	Buy	Acquire P	No	No	15.38	4,200	64.60 k	32,478
4 Mar 24	Matthew L Bloomfield	Common Stock	Buy	Acquire P	Yes	No	16.44	15,000	246.60 k	100,967.94
17 Jan 24	Long Angie Knighton	Common Stock	Buy	Acquire P	Yes	No	16.45	60,790	1,000.00 k	98,004.88

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Oppenheimer Downgrades Palmer Square Capital BDC to Perform, Lowers Price Target to $14

Oppenheimer analyst Mitchel Penn downgrades Palmer Square Capital BDC (NYSE:PSBD) from Outperform to Perform and lowers the price target from $17 to $14.

Earnings Scheduled For May 7, 2025

JP Morgan Maintains Overweight on Palmer Square Capital BDC, Lowers Price Target to $13.5

JP Morgan analyst Melissa Wedel maintains Palmer Square Capital BDC (NYSE:PSBD) with a Overweight and lowers the price target from $16 to $13.5.

UBS Maintains Neutral on Palmer Square Capital BDC, Lowers Price Target to $14

Palmer Square Capital BDC Q4 GAAP EPS $0.45, Inline, Sales $34.87M Beat $34.86M Estimate

Press releases

From Benzinga Pro

Palmer Square Capital BDC Inc. Announces First Quarter 2025 Earnings Release and Conference Call

Palmer Square Capital BDC Inc. (NYSE:PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the first

Palmer Square Capital BDC Inc. Announces First Quarter 2025 Supplemental Dividend of $0.03

Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a first quarter 2025 supplemental

Palmer Square Capital BDC Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

Declares First Quarter 2025 Base Dividend of $0.36 Per Share with Supplemental Dividend Expected to be Announced in March Palmer Square Capital BDC Inc. (NYSE:PSBD) ("PSBD" or the "Company"), an externally managed

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.