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Franklin BSP Lending (Franklin BSP Lending) Net Income : $114.1 Mil (TTM As of Sep. 2023)


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What is Franklin BSP Lending Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Franklin BSP Lending's Net Income for the three months ended in Sep. 2023 was $39.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $114.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Franklin BSP Lending's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $0.17.


Franklin BSP Lending Net Income Historical Data

The historical data trend for Franklin BSP Lending's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Franklin BSP Lending Net Income Chart

Franklin BSP Lending Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.25 92.47 -35.80 206.18 81.98

Franklin BSP Lending Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.69 12.32 32.99 29.64 39.14

Franklin BSP Lending Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Franklin BSP Lending's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=88.171+-6.189+0+0
=82.0

Franklin BSP Lending's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=40.047+-0.905+0+7.105427357601E-15
=39.1

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Franklin BSP Lending  (OTCPK:BDVC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Franklin BSP Lending's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Franklin BSP Lending Net Income Related Terms

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Franklin BSP Lending (Franklin BSP Lending) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, Suite 4920, 49th Floor, New York, NY, USA, 10019
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
Executives
Michael Frick officer: Secretary 9 WEST 57TH STREET, 49TH FLOOR, SUITE 4920, NEW YORK NY 10019
Nina Kang Baryski officer: CFO & Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Dennis M Schaney director MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 6, NEW YORK NY 10036
Lee S Hillman director 222 S RIVERSIDE PLAZE STE 2800, CHICAGO IL 60606
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Richard J Byrne director, officer: See Remarks 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Leeor P. Avigdor officer: Corporate Secretary C/O 9 WEST 57TH ST., SUITE 4920, NEW YORK NY 10019
Weil Edward M Jr. director C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022
Pankovcin Corinne officer: CFO, Secretary and Treasurer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
James A. Fisher officer: President, COO C/O BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Nicholas Radesca officer: CFO and Treasurer C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Robert Grunewald officer: Chief Investment Officer 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Bdca Adviser, Llc 10 percent owner 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Brian S Block officer: CFO and Treasurer C/O AMERICAN FINANCIAL REALTY TRUST, 1725 THE FALWAY, JENKINTOWN PA 19048