StoneCastle: 2Q Earnings Snapshot
NEW YORK (AP) _ StoneCastle Financial Corp. (BANX) on Thursday reported second-quarter earnings of $3.6 million.
On a per-share basis, the New York-based company said it had profit of 55 cents. Earnings, adjusted for investment gains, came to 38 cents per share.
The investment company posted revenue of $4 million in the period.
StoneCastle shares have increased 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $21.39, a drop of nearly 4% in the last 12 months.