From Seekingalpha · The Alpha Analyst · · 40s
Trinity Capital Q3 Outlook
Trinity Capital's Q3 rebound expected after Q2 loan funding weakness.
In brief
Trinity Capital's Q3 rebound expected after Q2 loan funding weakness. Trinity Capital's Q3 earnings will improve dividend coverage and credit quality following Q2's loan funding challenges. Originally reported by Seekingalpha.
Q2 Dividend Coverage Weakness
Q2 dividend coverage weakness was driven by back-loaded loan funding.
Q3 Rebound Expected
Q3 is set for a rebound with stronger NII and dividend coverage.
Credit Quality Improvement
TRIN's credit quality continues to improve with stressed loans and realized losses declining.
Q3 Strategy
I expect Q3 to address both dividend coverage and credit concerns for outperformance.
What to remember
Trinity Capital's Q3 earnings will improve dividend coverage and credit quality following Q2's loan funding challenges.
