Stonecastle Financial (BANX) Misses Q1 EPS by 10c

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StoneCastle Financial Corp. Reports First Quarter 2015 Results

April 30, 2015 4:15 PM EDT

NEW YORK, April 30, 2015 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq: BANX) ("StoneCastle Financial" or the "Company"), an investment company registered with the Securities and Exchange Commission ("SEC"), today announced results for the first fiscal quarter ended March 31, 2015.

First Quarter 2015 Investment Highlights:

Invested $55.2 million in debt, preferred stock and equity in 17 investments Sold $15.9 million of Preferred Term Securities, Ltd., Fixed Rate Mezzanine Notes Received repayment of $20.6 million from 7 investments

Highlighted investment activity in the first quarter 2015 included:

$7.6 million in Amboy Capital Trust I, 9.00% Trust Preferred Security $5.0 million... More