MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2026

Results for the Quarter Ended March 31, 2026, and Other Recent Highlights: Net investment income per share for the quarter was $0.38, compared to $0.39 for the quarter ended December 31, 2025 Net asset value (“NAV”) per share as of the end of the quarter was $13.82, compared to $14.18 as of December 31, 2025, representing a 2.5% decrease. The decline was driven by a net loss on the portfolio, primarily reflecting the impact of broader credit spread widening and credit weakness on certain positions partially offset by the accretive impact of stock buybacks below NAV and net investment income in excess of the dividend New investment commitments made during the quarter totaled $50 million (1) Gross fundings, excluding revolver fundings, (2) totaled $68 million for the quarter Net repayments, including revolvers (2) totaled $142 million for the quarter, including a $22 million repayment from Merx reducing the position to 2.7% of the total portfolio, as of quarter-end Net leverage (3) was 1.55x as of March 31, 2026 Repurchased 7,084,020 shares of common stock at a weighted average price per share of $10.73, inclusive of commissions, for an aggregate cost of $76.0 million during the quarter, generating $0.24 per share of NAV accretion From April 1, 2026, through April 13, 2026, the Company (as defined below) repurchased 2,755,221 shares of common stock at a weighted average price per share of $11.58, inclusive of commissions, for a total cost of $31.9 million, which fully utilized the existing capacity under the share repurchase program On May 5, 2026, the Company's Board of Directors (the “Board”) declared a dividend of $0.31 per share payable on June 25, 2026, to stockholders of record as of June 9, 2026 (4) NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) or the “Company,” today announced financial results for the quarter ended March 31, 2026.

GlobeNewsWire • 3 hours ago

MidCap Financial (MFIC) Upgraded to Buy: Here's What You Should Know

MidCap Financial (MFIC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research • Mar 4, 2026

MidCap Financial's Large Discount To NAV And Double-Digit Dividend Yield

MidCap Financial trades at a 32% discount to NAV, reflecting market concerns over its software portfolio exposure amid AI-driven sector fears. MFIC recently cut its quarterly dividend by 18.4% to $0.31 per share, yielding 12.8% annualized. The portfolio remains diversified, with 11.4% in software, 9.1% in health care providers, and 6.6% in media, mitigating some concentration risk.

Seeking Alpha • Mar 3, 2026

MidCap Financial: Limited Portfolio Growth And Continued NAV Decline (Rating Downgrade)

MidCap Financial Investment is rated a sell due to persistent NAV decline, high non-accruals, and insufficient new investment activity. MFIC's share price has fallen 29.4% over twelve months, with a total return loss of 20.3% despite a 15.7% dividend yield. Net investment income and interest income continue to decline, while the portfolio faces sector-specific risks, especially from software allocations.

Seeking Alpha • Mar 2, 2026

MidCap Financial Investment Corporation (MFIC) Q4 2025 Earnings Call Transcript

MidCap Financial Investment Corporation (MFIC) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 27, 2026

MidCap Financial Investment (MFIC) Tops Q4 Earnings Estimates

MidCap Financial Investment (MFIC) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.4 per share a year ago.

Zacks Investment Research • Feb 26, 2026

The ABCs Of BDC Risk

There are multiple risks for your BDC investments now and three that specifically create risk for certain BDCs. Business development companies offer high yields but carry significant, often misunderstood risks, especially in falling interest rate environments. Volatile interest rates can damage BDC profitability and distributable income, causing dividend cuts and share price declines.

Seeking Alpha • Feb 23, 2026

Buy Any Of January's 6 Ideal 'Safer' Dividend Power Dogs

The Dividend Power strategy highlights 35 high-yield, low-valuation stocks, with 6 identified as 'safer' due to strong free cash flow coverage. The top ten DiviPower stocks are projected to deliver an average net gain of 40.62% by January 2027, with risk/volatility 14% below the market. Seventeen of thirty-five Dividend Power Dogs show negative free cash flow margins, signaling unsustainable dividends and elevated risk.

Seeking Alpha • Jan 17, 2026

MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter and Fiscal Year Ended December 31, 2025

NEW YORK, Jan. 14, 2026 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended December 31, 2025, after the closing of the Nasdaq Global Select Market on Thursday, February 26, 2026.

GlobeNewsWire • Jan 14, 2026

MidCap Financial Announces Inaugural Investment Grade Financing

$3.1 Billion Unsecured Funding Offering Strengthens Capital Structure and Marks Transformational Credit Profile Enhancement $3.1 Billion Unsecured Funding Offering Strengthens Capital Structure and Marks Transformational Credit Profile Enhancement

GlobeNewsWire • Jan 9, 2026