Palmer Square Capital BDC (PSBD) Incentive Fees Payable (2024 - 2026)
Palmer Square Capital BDC (PSBD) posted Incentive Fees Payable of $1.72 million for Q2 2026, down 11.4% from $1.94 million a year earlier but up 9.1% from the prior quarter.
Palmer Square Capital BDC (PSBD) Incentive Fees Payable (2024 - 2026) Analysis & Trends
At the end of FY2025, Palmer Square Capital BDC's Incentive Fees Payable came in at $1.87 million, down 13.1% from FY2024.
- In prior years, Palmer Square Capital BDC's Incentive Fees Payable was $2.15 million in FY2024.
- Quarterly Incentive Fees Payable has run from a low of $1.58 million in Q1 2026 to a high of $2.25 million in Q2 2024 over five years.
- On a year-over-year basis, Incentive Fees Payable has declined in each of the last six quarters, with an average decline of 11.6% over the last six quarters.
- According to Business Quant data, Incentive Fees Payable for the three prior quarters was $1.58 million (Q1 2026), $1.87 million (Q4 2025) and $1.95 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Incentive Fees Payable (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | - |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 166.00 Mn |
| 10 | Palmer Square Capital BDC | 299.93 Mn | 290.89 Mn | - | 1.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.66 Mn |
| Jun 30, 2026 | 1.72 Mn |
| Mar 31, 2026 | 1.58 Mn |
| Dec 31, 2025 | 1.87 Mn |
| Sep 30, 2025 | 1.95 Mn |
| Jun 30, 2025 | 1.94 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Dec 31, 2024 | 2.15 Mn |
| Sep 30, 2024 | 2.23 Mn |
| Jun 30, 2024 | 2.25 Mn |
| Mar 31, 2024 | 1.92 Mn |
Palmer Square Capital BDC Incentive Fees Payable API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=incentive-fees-payable&ticker=PSBD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "incentive-fees-payable", "ticker": "PSBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=incentive-fees-payable&ticker=PSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();