CION Investment Corporation Reports Second Quarter 2026 Financial Results
CION reported Q2 net asset value per share of $13.57, up 3.5% from the prior quarter, supported by a 16% sequential increase in net investment income to $0.29 per share. Earnings per share turned positive to $0.62 from a loss in the prior quarter, driven by lower operating expenses and portfolio mark-to-market gains. The Board authorized a $50 million increase to the share repurchase program, raising the total authorization to $130 million, while the company continued its deleveraging strategy with a $125 million debt repayment during the quarter.
Key figures
- Eps
- 0.62
- Nav per share
- 13.57
- Net debt to equity
- 1.52x
- Total investment income
- 49800000
- Buyback authorization increase
- 50000000
- Net investment income per share
- 0.29
AI analysis
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