Hercules Capital

Hercules is the largest non-bank lender to venture capital-backed companies at all stages of development in a broadly diversified variety of technology, life sciences, and sustainable and renewable technology industries. With over a decade of experience in venture debt, Hercules is uniquely positioned to quickly create innovative financing solutions that perfectly fit within a company's existing capital structure and map to its business objectives. Recognized as the industry leader, Hercules understands the flexibility these types of companies need and has the experience to work closely with them, even through challenging times, to help them reach critical milestones. Hercules' deep sector expertise, geographic presence and its strong capital base have made Hercules the lender of choice for more than 480 innovative companies.

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Hercules Capital achieves record performance in 2022, eyes growth opportunities

Hercules Capital's 2022 performance was exceptional, marked by record results and strong credit quality. The company's focus for 2023 includes maintaining a strong balance sheet, disciplined underwriting, and strategic investments. Anticipate increased VC investment activity and an uptick in M&A transactions in the coming year.

Hercules Capital excels in Q1 2023, eyes strategic partnerships

Hercules Capital's Q1 2023 showcased resilience and growth, with strong financial metrics and strategic initiatives. Despite market challenges, the company maintained credit quality and liquidity while exploring opportunities for expansion and partnership enhancement.

Hercules Capital (HTGC) reports record Q2 results and eyes market growth opportunities

Hercules Capital delivered strong Q2 results with record investment income and robust credit quality, showcasing expertise in deal selection and industry diversification.
While facing challenges in meeting earnings expectations and providing detailed diversification insights, the company's strong liquidity and market positioning offer opportunities for future growth and strategic investments.
Overall, Hercules Capital's performance highlights resilience in a dynamic market environment, emphasizing its potential for sustained growth and value creation for investors.

Hercules Capital (HTGC) reports record Q3 earnings and strategic growth

Hercules Capital (HTGC) delivered exceptional financial results in Q3 2023, marked by record earnings and prudent portfolio management.
The company's strategic focus on credit quality, portfolio diversification, and liquidity positions it well for future growth and investment opportunities.
Despite challenges such as asset valuation fluctuations, Hercules Capital remains resilient and poised to capitalize on market dynamics for sustained success.

Hercules Capital reports record Q4 performance and eyes growth opportunities

Hercules Capital (HTGC) delivered strong financial performance in Q4 2023, emphasizing quality, diversification, and growth in key sectors like life sciences.
While challenges exist in managing expenses and optimizing capital efficiency, the company's conservative approach and liquidity position provide a solid foundation for future success.
Opportunities lie in expanding the venture and growth stage asset class, driving platform growth, and engaging with investors at upcoming conferences.

Hercules Capital excels in Q1 2024, poised for strategic growth

Hercules Capital delivered exceptional performance in Q1 2024, with record origination and funding, strong investment income, improved credit quality, and robust liquidity, positioning the company for continued success.
The company's strengths lie in its solid balance sheet, under-levered position, focus on quality growth, and favorable standing with rating agencies, providing a strong foundation for future growth.
Challenges include managing leverage increase, debt refinancing, maintaining credit quality standards, and navigating market uncertainties, requiring strategic planning and risk management.
Opportunities for Hercules include leveraging its milestone anniversary, expanding investor base through conferences, exploring new investments, and driving sustainable growth through prudent strategies.

Hercules Capital posts record Q2 results amidst market volatility

Hercules Capital delivered a strong performance in Q2 2024, marked by record fundings and asset growth, despite anticipating increased market volatility ahead.
The company's focus on credit quality, liquidity, and diversification through SBIC licenses strengthens their resilience and growth prospects.
While facing challenges such as market volatility and prepayment expectations, Hercules Capital remains well-positioned to leverage opportunities and navigate uncertainties.

Hercules Capital (HTGC) reports record Q3 earnings amidst market challenges

Hercules Capital (HTGC) reported strong financial performance in Q3 with record total investment income and NII, despite challenges in the venture capital ecosystem.
Maintaining a defensive balance sheet approach and strong liquidity, Hercules is well-positioned to navigate market uncertainties and capitalize on growth opportunities.
While facing challenges from market slowdowns, Hercules' prudent underwriting and commitment to shareholder returns showcase resilience and long-term stability.
With opportunities arising from increased funding activity post-Fed rate action and pending commitments, Hercules is poised for potential growth in Q4 and beyond.

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Hercules Capital, Inc. is a specialty finance company, which focuses on providing senior secured loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. The company was founded by Manuel A. Henriquez in December 2003 and is headquartered in Palo Alto, CA.

Hercules Capital has a rare mispriced issue with a YTM of 7%. Recently reviewed credit rating.

Hercules Capital: 7% From An Investment Grade Bond With 4 Years To Maturity

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Higher rates, decent economic growth, robust asset quality and regulatory changes will keep aiding the Zacks SBIC & commercial finance industry players like Ares Capital (ARCC), Golub Capital (GBDC) and Hercules Capital (HTGC).

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Driven by the growing demand for customized financing, Hercules Capital's (HTGC) top line is expected to keep improving.

Robust Loan Originations Aid Hercules Capital (HTGC) Top Line

Hercules Capital's portfolio kept performing extremely well in 2Q-22. Non-accruals remained at a very low level.

Hercules Capital: I Am Getting A 10.9% Yield On My Latest Buy

Hercules Capital just raised its upcoming dividend by 6%, to $.32. It'll also pay a $.15 supplemental dividend again in August.

Hercules Capital: Good Q2 Earnings, 12% Yield, 6% Dividend Hike

Hercules Capital (HTGC) records a rise in total investment income and expenses in the second quarter of 2022.

Hercules Capital (HTGC) Q2 Earnings Miss, Revenues Rise Y/Y

Hercules Capital, Inc. (NYSE:HTGC ) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Michael Hara - IR and Corporate Communications Scott Bluestein - CEO and Chief Investment Officer Seth Meyer - CFO Conference Call Participants Crispin Love - Piper Sandler Kevin Fultz - JMP Securities Christopher Nolan - Ladenburg Thalmann Ryan Lynch - KBW Kenneth Lee - RBC Capital Markets Casey Alexander - Compass Point Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Hercules Capital Second Quarter 2022 Earnings Conference Call.

Hercules Capital, Inc. (HTGC) CEO Scott Bluestein on Q2 2022 Results - Earnings Call Transcript

Hercules Tech (HTGC) delivered earnings and revenue surprises of -3.03% and 0.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Hercules Technology (HTGC) Q2 Earnings Lag Estimates

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced its financial results for the second quarter ended June 30, 2022. The earnings release can be accessed at Hercules' Investor Relations website at https://investor.htgc.com/f

Hercules Capital Reports Second Quarter 2022 Financial Results

IVERIC bio Inc

PARSIPPANY, N.J.--(BUSINESS WIRE)--Iveric Bio announced that it has entered into a term loan debt financing facility with Hercules Capital, Inc. and Silicon Valley Bank.

Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a supplemental cash distribution of $0.15 per share. This supplemental cash distribution will be paid out of Hercules Capital

Hercules Capital Announces Supplemental Cash Distribution of $0.15 per Share for the Second Quarter of 2022

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has increased and declared a second quarter 2022 cash distribution of $0.35 per share. The following shows the key dates of the second quar

Hercules Capital Increases Its Quarterly Cash Distribution to $0.35 per Share for the Second Quarter of 2022

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PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its second quarter 2022 financial results conference call for Thursday, July 28, 2022, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financ

Hercules Capital Announces Date for Release of Second Quarter 2022 Financial Results and Conference Call

HTGC's regular dividends yield 9.8%, plus its supplemental dividends yield an additional 4.5%. HTGC will benefit from rising rates - its debt investment portfolio has 94.7% in floating rate loans, with interest rate floors.

Hercules Capital: 14% Yield, Benefits From Rising Rates, Good Upside Potential

Geron

FOSTER CITY, Calif.--(BUSINESS WIRE)--Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, today announced an amendment to expand its existing loan facility with Hercules Capital, Inc. (NYSE: HTGC) and Silicon Valley Bank, from up to $75 million to up to $125 million. “This expansion of our debt facility provides potential access of up to $50 million in additional non-dilutive capital in 2023, the year in which we expect top-line results from the Phase 3 IMerge tri

Geron Corporation Announces Expansion of Existing Loan Facility

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that DeAnne Aguirre was appointed to serve as an independent member of its board of directors, effective June 23, 2022. Ms. Aguirre is an experienced corporate executive and

Hercules Capital Announces the Appointment of Ms. DeAnne Aguirre to Its Board of Directors

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”) today announced that it has closed two new debt financings raising a total of $200.0 million. Hercules Capital Funding Trust 2022-1, a newly formed wholly owned, indirect subsidiary of Hercules, has issued $150.0 million of class A notes (the “Class A Notes”) and Hercules has closed a private institutional offering in aggregate principal amount of $50.0 million notes due June 2025 (the “June No

Hercules Capital Completes Two Institutional Debt Financings, Raising a Total of $200.0 Million to Support Continued Growth

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has increased its existing credit facilities with MUFG Bank, Ltd. (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”) from a combined $500.0 million to $720.0 m

Hercules Capital Expands Its Credit Facilities to $720 Million to Support Strong Investment Portfolio Growth

What's better than a 9.3% dividend stock?

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Interest rates are rising, and this article discusses the BDC sector currently yielding between 7% and 12% that will benefit. This article discusses HTGC currently yielding over 12% for the reasons discussed below and will likely rebound, providing excellent returns.

Buy The Dip And Position For Higher Rates With Hercules Capital

Hercules Capital's stock plunged in May. The BDC is a play on higher interest rates.

Hercules Capital: Buy This Fat 9.7% Yield While It's On Sale

Driven by the growing demand for customized financing, Hercules Capital's (HTGC) top line is expected to keep improving. Yet, elevated costs might hurt profitability.

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