and and everyone, for for first financial you, thank quarter results Thank you joining afternoon, call. earnings XXXX us Capital Hercules Michael, all the today good
plenty business to today, our an quarter second through had first and of strong XXXX continue unabated share news if outlook with the of across We have We XXXX. units, great remainder quarter you expected for is our to regarding XXXX the and performance to which optimism of exceptionally with our start not least renewed all robust for improved at outstanding XXXX. of
this regarding our David our during and early conclude and earlier then an call, trajectory subject. I'll Q&A combined which today's will performance loan business market XXXX our conditions which renewed of be credit improved an revisions based throughout outlook it first as outstanding then forecast is of in achievements outlook, the For during XXXX. financial in has assuming the I act, competitive and QX optimism these passage revision quarter; based great are of portfolio availability on net attention once as a small then and and currently on positions and select recent provide financial upward now team views funding following achievements a activities taking finally overview And to with to outstanding to place overview starting by the turn our led the than led to highlight, extremely results early a optimism first over key strong current discussing our updated are. passage originations XXXX XXXX, garnered reoccurring accounting as the the anticipated and remain growth performance of and on upward our chatters of Adding statement in our session. deal again favorable when our I finance our our call quarter; and with and to this and QX will the and Gerald quarter. materially conclude brief
in Now achievements to QX. highlight our key
During in the improvement income NII $XX.X improvement EPS. units we representing of first net a quarter of material results. competitive which material quarter which across witnessed to increase across many another very a the strong year-over-year following QX, for million $X.XX including of a of of XX%, business our resulted environment, delivered led investment We
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in of already that these of new April In achievements, $XXX press a year-to-date on $XXX commitment the entered our see of from into addition to which XX, , nearly you XXXX basis of as end was earnings QX. million, can million release we booked have
we months to convert and of in year. deploy have believe into remaining assets. interest months only we QX expect point historically the a on potential many highly million to those liquid a low earning earnings balance very if go like original in in to million and billion $XXX We to early to We available non-accrual to maintaining for we historically $X secured still our while We already expect currently. exceed QX XXXX also pace sheet a year accomplished more we're eight of record of liquidity, we costs over new are loans. commitments evidenced we XX% as to to new to basis, are I that would and pace for credit business the strong commitments market with commitments even in $XXX loans new and our seeing of XX% by of which four have they into out, way results, interest and maintaining these sub-X% while nearly discipline QX and continues fund strong
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sheet, strong performance, while In costs proactively continue lowering growth spreads. consistent addition, financial to while targeted enhancing financing, our liquidity overall to also position our maintaining our strengthen our balance our by we of
markets partial X.X% redeeming and - completing been of overall a associated we As X.XX% by successfully of XXXX, $XXX issuance we the to QX, entered capital which have equity accreting of original notes, with capital retiring our bonds. approximately when costs active an million those of costs had in debt XXXX
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New business activities.
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have down Now of important none one item, this assets. for and to and would greatest been very accomplished last it's our
continue every of everything from and Our unprecedented work. and the seeing outstanding wonderful for our across one who of capital, and continued for commitment all layer am professionals and I continue human I doing. every they successful. and shareholders. strong of you for entire I am have team of thankful tremendous execute you results have proud What And are step-up their to our team job company. our for Capital deeply They employees. continues done what enormously outstanding business the say company, grateful I to and deliver much our hard and and results what could employees call I and well for across Hercules deliver elements going investment of them and thank you very our are shareholder. makes thank the and to professionals am done strong who ever
the call David. turn to I'll over Now
