StoneCastle: 2Q Earnings Snapshot
NEW YORK (AP) _ StoneCastle Financial Corp. (BANX) on Thursday reported second-quarter earnings of $5.3 million.
The New York-based company said it had net income of 81 cents per share. Earnings, adjusted for investment gains, came to 40 cents per share.
The investment company posted revenue of $4.4 million in the period.
StoneCastle shares have increased nearly 9 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.90, a rise of nearly 7 percent in the last 12 months.