MetaCap

Bain Capital Specialty Finance (BCSF) vs New Mountain Finance (NMFC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Bain Capital Specialty Finance (BCSF) has outperformed New Mountain Finance (NMFC) over the past year, losing 22.5% versus a loss of 27.8%. Over five years, BCSF leads with a -28.5% price change compared with -50.6% for NMFC. Bain Capital Specialty Finance is the larger company by market cap ($692.1 million vs $636.6 million), about 1.1 times the size.

On valuation, New Mountain Finance trades at a lower forward P/E (6.4x vs 8.0x for Bain Capital Specialty Finance). New Mountain Finance offers the higher dividend yield (17.95% vs 15.75%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BCSF-22.51%NMFC-27.76%
+8%-11%-29%
Oct 7, 20251 yearOct 7, 2026
BCSF-28.39%NMFC-49.59%
+32%-11%-53%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BCSF versus NMFC key metrics
MetricBCSFNMFC
Share price$10.67$6.74
Market cap$692.15M$636.61M
1-day change-1.39%-1.46%
YTD return-23.29%-26.82%
1-year return-22.51%-27.76%
5-year return-28.49%-50.59%
P/E ratio (TTM)10.89—
Forward P/E7.986.42
EPS (TTM)$0.98$-0.47
Dividend yield15.75%17.95%
Annual dividend$1.68$1.21
52-week high$14.70$9.84
52-week low$10.55$6.69
Distance from 52-week high-27.41%-31.50%
Analyst consensusnonenone
Avg. price target upside+18.37%+23.00%
Average volume432.18K527.35K
Shares outstanding64.87M94.45M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset Management

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • New Mountain Finance offers a meaningfully higher dividend yield (17.95% vs 15.75%).

About Bain Capital Specialty Finance

BCSF stock →

Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies.

Financial Services · Asset Management

About New Mountain Finance

NMFC stock →

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in “defensive growth” industries. The fund prefers investing in buyout and middle market companies.

Financial Services · Asset Management

BCSF vs NMFC FAQ

Which is bigger, Bain Capital Specialty Finance or New Mountain Finance?

Bain Capital Specialty Finance (BCSF) is larger, with a market capitalization of $692.15M compared with $636.61M for New Mountain Finance (NMFC).

Which stock has performed better over the past year, BCSF or NMFC?

BCSF returned -22.51% over the past 12 months, compared with -27.76% for NMFC (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Bain Capital Specialty Finance or New Mountain Finance?

New Mountain Finance has the higher yield at 17.95%, compared with 15.75% for Bain Capital Specialty Finance.

Are Bain Capital Specialty Finance and New Mountain Finance in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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