TriplePoint Venture Growth BDC Corp. TPVG third-quarter 2021 net investment income was 32 cents per share, missing the Zacks Consensus Estimate of 35 cents. The bottom line also declined 20% from the year-ago quarter.Results reflected a decline in total investment income and higher expenses. Nonetheless, robust portfolio activity was a tailwind. This perhaps drove the bullish investor sentiments as the company’s shares have gained 3.8% since the earnings release earlier this week.Net investment income was $9.9 million, down 19% year over year.Total Investment Income Down, Expenses RiseTotal investment and other income totaled $21.2 million, down 8.2% year over year, reflecting lower interest income from investments and other income.Total operating expenses rose 3.8% to $11.3 million. This increase was mainly due to higher interest expense and amortization of fees, and general and administrative expenses.Strong Balance SheetAs of Sep 30, 2021, TriplePoint Venture’s net asset value was $13.92 per share, up from $12.97 as of Dec 31, 2020.The company had $288.1 million in liquidity, consisting of $23.1 million in cash and restricted cash, and $265 million available capacity under its credit facility as of Sep 30, 2021. The credit facility figure excluded an additional $50 million available under the facility’s accordion feature.As of Sep 30, 2021, total assets amounted to $795.1 million, up from $683.5 million on Dec 31, 2020.Total Portfolio Value & New Commitments SolidThe fair value of TriplePoint Venture’s total investment portfolio was $767 million as of Sep 30, 2021, up from $646.8 million on Sep 30, 2020.As of Sep 30, 2021, TriplePoint Venture held debt investments with 40 portfolio companies, warrants in 71 portfolio companies, and equity investments in 34 portfolio companies.In the quarter, the company entered into $116.3 million of new debt commitments with seven portfolio companies and funded $117 million in debt investments to 15 portfolio companies. Further, it recorded $18.2 million of principal prepayments and had $14.1 million of scheduled principal amortization.Our TakeTriplePoint Venture’s strong portfolio activity is likely to act as a tailwind, which is expected to support its top line in the coming quarters. However, mounting expenses and a fall in total interest income remain major near-term concerns. TriplePoint Venture Growth BDC Corp. Price, Consensus and EPS Surprise TriplePoint Venture Growth BDC Corp. price-consensus-eps-surprise-chart | TriplePoint Venture Growth BDC Corp. QuoteCurrently, TriplePoint Venture carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance & Earnings Schedule of Other Finance StocksHercules Capital Inc.’s HTGC third-quarter 2021 net investment income of 33 cents per share beat the Zacks Consensus Estimate by a penny. The bottom line was 2.9% down from the year-ago quarter figure.Ares Capital Corporation’s ARCC third-quarter 2021 core earnings of 47 cents per share beat the Zacks Consensus Estimate of 45 cents. The bottom line reflected a rise of 20.5% from the prior-year quarter.FS KKR Capital Corp. FSK is slated to announce quarterly results on Nov 8. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100S of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ares Capital Corporation (ARCC): Free Stock Analysis Report Hercules Capital, Inc. (HTGC): Free Stock Analysis Report TriplePoint Venture Growth BDC Corp. (TPVG): Free Stock Analysis Report FS KKR Capital Corp. (FSK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research