Chicago Atlantic BDC Q1 net investment income rises to $10.0 million, $0.44 a share
Chicago Atlantic BDC reported first-quarter 2026 results, with net investment income of $10.0 million, or $0.44 per weighted average share, up from $8.3 million, or $0.36 per share, in the prior quarter. Net asset value per share rose to $13.33 from $13.30, but a $1.4 million net unrealized depreciation on investments reduced the net increase in net assets from operations to $8.5 million.
Key points
- Total investment income was $16.7 million, compared with $14.2 million in the quarter ended December 31, 2025.
- Net increase in net assets from operations was $8.5 million, or $0.37 per share, including $1.4 million of net unrealized depreciation.
- The board declared a $0.34 per share dividend for the quarter ending June 30, 2026, payable July 10, 2026 to holders of record on June 26, 2026.
- On May 11, 2026, the company filed a shelf registration statement that would allow it to issue up to $500 million of securities once declared effective.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.