Stonecastle Financial (BANX) Misses Q2 EPS by 3c

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Go back to Stonecastle Financial (BANX) Misses Q2 EPS by 3c

StoneCastle Financial Corp. Reports Second Quarter 2014 Results

August 14, 2014 4:10 PM EDT

NEW YORK, Aug. 14, 2014 (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 second fiscal quarter ended June 30, 2014.

Second Quarter 2014 Investment Highlights

Invested $55.5 million in 31 investments during the second quarter 2014, and $121.5 million (net of securities that were called) since the Company's initial public offering ("IPO").   Closed a $45 million revolving credit facility, of which $25 million has been drawn and invested.   Received repayment of $3.9 million for four investments... More