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ICMB · NASDAQ · Asset Management

Investcorp Credit Management BDC (ICMB)

Finances U.S. middle-market borrowers through negotiated private-credit investments.

$0.8602
vs last close−0.00 (−0.15%)
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Investcorp Credit Management BDC, Inc.ICMB
Financial sector

Supplies senior secured loans and related equity capital to privately held U.S. middle-market companies, earning mainly contractual interest and fees. The Nasdaq-listed BDC is externally managed by CM Investment Partners, which supplies its underwriting, portfolio management and administration.

Provides negotiated debt and related equity capital to privately held U.S. middle-market companies, emphasizing established borrowers with operating cash flow. Its menu includes first- and second-lien loans, unitranche and mezzanine loans, selectively paired with warrants or other equity positions; borrowers use the financing for acquisitions, growth, expansion, refinancing and recapitalization.

Investment income is chiefly contractual loan interest, with fees, dividends and changes in debt and equity values providing other sources. CM Investment Partners sources, structures and monitors investments while also administering the BDC, leaving the listed company without direct employees. The portfolio is U.S.-based, while BDC asset-coverage requirements, RIC tax rules, adviser personnel, borrowed funding and unquoted investment valuations shape the operating model.

Company facts

CEOSuhail A. Shaikh
ListedFeb 6, 2014
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees2
CIK0001578348
ISINUS46090R1041

Market cap$12.4M
EPS (ttm)−$0.1151
P/E (ttm)−7.48
ROE0.1%
P/B0.2359
P/S1.00
Dividend yieldDiv yield27.86%
Beta0.26vs XLF −0.09

Unavailable right now.

Next report
Nov 11, 26
estimated · in 50 days
EPS estimate
$0.04
Revenue estimate
$4.6M
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.06$0.04$0.04$0.03$0.01$0.01−$0.03Pending
Estimate$0.11$0.11$0.11$0.04$0.04$0.04$0.04$0.04
Surprise−45.5%−63.6%−63.6%−25.0%−75.0%−75.0%−175.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$2.6M$4.4M$4.5M$3.6M−$6.3M−$6.1M$3.1MPending
Estimate$5.3M$4.4M$5.5M$4.4M$4.7M$4.6M$4.7M$4.6M
Surprise−51.4%−1.2%−17.7%−19.5%−234.1%−231.7%−33.3%
Estimate$0.04
ReportedDue Nov 11, 2026
Estimate$4.6M
ReportedDue Nov 11, 2026
View details

Debt to equity205.20%
Current ratio110.70%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q4 FY26Q3 FY26
Revenue$9.8M$2.6M$5.1M$2.8M$1.7M−$6.3M$14.0M−$6.1M
Net income$6.6M−$564.5K$2.2M−$434.3K−$1.3M−$9.4M$10.4M−$8.6M
Net margin67.5%0.0%43.1%0.0%0.0%74.4%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q4 FY26Q3 FY26
Operating income$6.8M−$471.1K$2.3M−$204.4K−$1.2M−$9.3M$10.6M−$8.5M
YoY growth+50.6%Turned loss−53.0%Turned lossTurned lossLoss widenedTurned profitTurned loss

Balance sheet, Mar 31, 2026Cash & short-term investments $2.7M · Total debt $108.1M · Total assets $164.6M · Shareholders' equity $52.7M

Revenue
−$6.1M
Operating income
−$8.5M
Net income
−$8.6M
View details

Dividend yield
27.86%
Next ex-date
Annual dividend
$0.24
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Dec '21Mar '22Jun '22Sep '22Oct '24Dec '24Apr '25May '25
Dividend$0.15$0.15$0.15$0.15$0.12$0.12$0.12$0.12
Annual yield8.36%11.56%14.63%13.95%3.68%7.64%12.46%16.96%
Ex-dateDec 9Mar 10Jun 16Sep 22Oct 16Dec 20Apr 25May 23
Payment dateJan 4Mar 31Jul 8Oct 14Nov 6Jan 8May 16Jun 14
View details

Institutions8.56%1.24M shares
20 holders · as of Jun 30, 2026
Insiders0.05%7.0K shares
1 holder · as of Dec 17, 2024
Other91.39%13.19M shares
remainder

14.43M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Kennedy Capital Management, Inc.Institution
6.63%957,230filed Feb 16, 2021
Advisors Asset Management, Inc.Institution
5.67%818,484filed Feb 13, 2017
Bulldog Investors, LLPInstitution
4.13%596,780as of Jun 30, 2026
Founders Financial Alliance, LLCInstitution
1.77%255,329as of Jun 30, 2026
Black Maple Capital Management LPInstitution
1.20%172,630as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Ares Capital

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  • Golub Capital BDC

    Sponsor-backed first-lien lender in the core middle market.

  • Blue Owl Capital

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  • FS KKR Capital

    Large upper-middle-market lender in senior secured and asset-based credit.

Compare

CompanyPriceChange
Investcorp Credit Management BDC$0.8602−0.15%$12.4M6.11.0−31.1%
Ares Capital$19.37−0.36%$13.96B14.410.16.0+32.6%
Golub Capital BDC$12.56+0.08%$3.27B22.89.84.6−14.2%
Blue Owl Capital$11.18−0.09%$5.55B20.08.73.9−20.8%
FS KKR Capital$11.37−0.57%$3.20B7.33.4+11.5%
Median20.09.24.3−1.3%