StoneCastle Financial Corp Company Profile (NASDAQ:BANX)

About StoneCastle Financial Corp

StoneCastle Financial Corp logoStoneCastle Financial Corp. is a non-diversified, closed-end management investment company. The Company's primary investment objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The Company generally invests in the senior debt, subordinated debt, preferred shares and common stock of community banks. The Company's investment portfolio includes term loans, debt securities, trust preferred securities, preferred shares of credit securitization, preferred securities, convertible preferred stock, common stock, exchange traded fund, limited partnership interest and money market fund. The Company invests in bank issuers of various locations, such as California, Colorado, Florida, Georgia, Illinois, Kansas, Maine, Maryland, New Jersey, New York, Ohio, North Carolina, Oklahoma, South Carolina, Texas and West Virginia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: BANX
  • CUSIP:
Key Metrics:
  • Previous Close: $19.77
  • 50 Day Moving Average: $19.52
  • 200 Day Moving Average: $18.80
  • 52-Week Range: $15.35 - $20.31
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.49
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.21
Profitability:
  • Net Margins: 47.58%
Additional Links:
Companies Related to StoneCastle Financial Corp:

Analyst Ratings

Consensus Ratings for StoneCastle Financial Corp (NASDAQ:BANX) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $20.83 (5.38% upside)

Analysts' Ratings History for StoneCastle Financial Corp (NASDAQ:BANX)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperformView Rating Details
11/14/2016National SecuritiesReiterated RatingBuy$21.00View Rating Details
6/1/2016Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$19.50View Rating Details
5/8/2016Robert W. BairdReiterated RatingBuyView Rating Details
3/1/2016WunderlichReiterated RatingBuy$25.00 -> $22.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for StoneCastle Financial Corp (NASDAQ:BANX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.41$4.30 millionN/AView Earnings Details
8/13/2015Q215$0.36$0.36$3.60 million$3.38 millionViewN/AView Earnings Details
4/30/2015Q115$0.39$0.29$4.10 millionViewN/AView Earnings Details
3/5/2015Q414$0.39$0.23$3.59 millionViewN/AView Earnings Details
8/14/2014Q214$0.32$0.29$2.39 millionViewN/AView Earnings Details
5/13/2014Q114$0.22$0.12$0.69 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for StoneCastle Financial Corp (NASDAQ:BANX)
Current Year EPS Consensus Estimate: $1.16 EPS
Next Year EPS Consensus Estimate: $1.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.43$0.43$0.43
Q2 20161$0.43$0.43$0.43
Q3 20162$0.43$0.43$0.43
Q4 20162$0.42$0.43$0.43
Q1 20171$0.43$0.43$0.43
Q2 20171$0.42$0.42$0.42
Q3 20171$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for StoneCastle Financial Corp (NASDAQ:BANX)
Annual Dividend:$1.48
Dividend Yield:7.49%
Payout Ratio:117.46% (Based on Trailing 12 Months of Earnings)
127.59% (Based on Current Year Consensus EPS Estimate)
86.05% (Based on Next Year Consensus EPS Estimate)

Dividend History for StoneCastle Financial Corp (NASDAQ:BANX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/9/2016quarterly$0.377.87%12/20/201612/22/20161/3/2017
9/14/2016quarterly$0.378.03%9/23/20169/27/20169/30/2016
6/7/2016quarterly$0.378.28%6/16/20166/20/20166/29/2016
3/8/2016quarterly$0.358.42%3/17/20163/21/20163/29/2016
12/9/2015quarterly$0.358.26%12/18/201512/22/20151/4/2016
9/11/2015quarterly$0.337.44%9/17/20159/21/20159/29/2015
5/21/2015quarterly$0.337.86%6/17/20156/19/20156/29/2015
3/6/2015quarterly$0.509.99%3/18/20153/20/20153/30/2015
12/2/2014quarterly$0.509.33%12/10/201412/12/20141/2/2015
9/2/2014quarterly$0.507.94%9/10/20149/12/20149/26/2014
6/3/2014quarterly$0.507.65%6/11/20146/13/20146/27/2014
3/6/2014quarterly$0.508%3/13/20143/17/20144/1/2014
12/13/2013quarterly$0.2812/23/20131/2/2014
12/17/2013special$0.2812/19/201312/23/20131/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for StoneCastle Financial Corp (NASDAQ:BANX)
Insider Ownership Percentage: 8.02%
Institutional Ownership Percentage: 31.14%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016George ShilowitzPresidentBuy800$18.67$14,936.00View SEC Filing  
5/26/2016George ShilowitzPresidentBuy1,000$16.92$16,920.00View SEC Filing  
5/24/2016George ShilowitzPresidentBuy250$16.85$4,212.50View SEC Filing  
6/26/2015Joshua S SiegelCEOBuy2,000$17.11$34,220.00View SEC Filing  
5/8/2015Joshua S SiegelCEOBuy1,000$16.30$16,300.00View SEC Filing  
5/4/2015Joshua S SiegelCEOBuy1,000$17.27$17,270.00View SEC Filing  
12/11/2014Emil HenryDirectorBuy10,000$19.51$195,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for StoneCastle Financial Corp (NASDAQ:BANX)
DateHeadline
finance.yahoo.com logoStoneCastle Financial Corp. to Host Fourth Fiscal Quarter 2016 Earnings Conference Call (NASDAQ:BANX)
finance.yahoo.com - January 27 at 5:03 PM
News IconPresident of StoneCastle Financial Corp (NASDAQ:BANX), Shilowitz George, buys 800 shares worth $14,940 (NASDAQ:BANX)
empowerednews.net - December 3 at 3:39 PM
4-traders.com logoStoneCastle Financial : misses 3Q profit forecasts (NASDAQ:BANX)
www.4-traders.com - November 10 at 9:29 PM
einnews.com logoStoneCastle Financial Corp. Reports Third Quarter 2016 Results (NASDAQ:BANX)
www.einnews.com - November 10 at 9:29 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q3 2016 Results - Earnings Call Transcript (NASDAQ:BANX)
seekingalpha.com - November 10 at 9:29 PM
sg.finance.yahoo.com logoStoneCastle misses 3Q profit forecasts (NASDAQ:BANX)
sg.finance.yahoo.com - November 10 at 9:29 PM
finance.yahoo.com logoStoneCastle Financial Corp. to Host Third Fiscal Quarter 2016 Earnings Conference Call (NASDAQ:BANX)
finance.yahoo.com - October 19 at 4:34 PM
nasdaq.com logoStoneCastle Financial Corp (BANX) Ex-Dividend Date Scheduled for (NASDAQ:BANX)
www.nasdaq.com - September 22 at 9:35 AM
publicnow.com logoStoneCastle Financial Corp. Announces Cash Distribution of $0.37 Per Share for Third Quarter 2016 (NASDAQ:BANX)
www.publicnow.com - September 14 at 6:38 AM
thestreet.com logoThe Calm During the Storm: Finding Yield in Community Banks (NASDAQ:BANX)
realmoney.thestreet.com - September 2 at 4:29 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q2 2016 Results - Earnings Call Transcript (NASDAQ:BANX)
seekingalpha.com - August 12 at 12:21 PM
globenewswire.com logoStoneCastle Financial Corp. Reports Second Quarter 2016 Results (NASDAQ:BANX)
globenewswire.com - August 11 at 9:37 PM
sg.finance.yahoo.com logoStoneCastle misses 2Q profit forecasts (NASDAQ:BANX)
sg.finance.yahoo.com - August 11 at 9:37 PM
publicnow.com logoStoneCastle Financial Corp. to Host Second Fiscal Quarter 2016 Earnings Conference Call (NASDAQ:BANX)
www.publicnow.com - July 11 at 10:13 PM
publicnow.com logoStoneCastle Financial Corp. Announces an Increase in the Second Quarter 2016 Cash Distribution to $.37 Per Share (NASDAQ:BANX)
www.publicnow.com - June 6 at 4:38 PM
finance.yahoo.com logo4:21 pm StoneCastle Financial increases quarterly dividend to $0.37/share from $0.35/share (NASDAQ:BANX)
finance.yahoo.com - June 6 at 4:21 PM
finance.yahoo.com logoStoneCastle Financial upgraded by Keefe Bruyette (NASDAQ:BANX)
finance.yahoo.com - June 1 at 7:43 AM
publicnow.com logoStoneCastle Financial Corp. Reports First Quarter 2016 Results (NASDAQ:BANX)
www.publicnow.com - May 5 at 4:21 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q4 2015 Results - Earnings Call Transcript (NASDAQ:BANX)
seekingalpha.com - February 26 at 2:33 PM
finance.yahoo.com logoStoneCastle Financial Corp. Reports Fourth Quarter 2015 Results (NASDAQ:BANX)
finance.yahoo.com - February 25 at 4:10 PM
biz.yahoo.com logoQ4 2015 StoneCastle Financial Corp Earnings Release - After Market Close (NASDAQ:BANX)
biz.yahoo.com - February 25 at 7:07 AM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 13-Aug-15 9:00pm GMT (NASDAQ:BANX)
finance.yahoo.com - February 1 at 1:27 PM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 30-Apr-15 9:00pm GMT (NASDAQ:BANX)
finance.yahoo.com - February 1 at 12:21 PM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 5-Mar-15 10:00pm GMT (NASDAQ:BANX)
finance.yahoo.com - February 1 at 11:30 AM
publicnow.com logoStoneCastle Financial Corp. to Host Fourth Fiscal Quarter 2015 Earnings Conference Call (NASDAQ:BANX)
www.publicnow.com - January 25 at 5:27 PM
noodls.com logoStoneCastle Financial Announces an Increase in the Fourth Quarter 2015 Cash Distribution to $.35 Per Share (NASDAQ:BANX)
www.noodls.com - December 8 at 5:06 PM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 12-Nov-15 10:00pm GMT (NASDAQ:BANX)
finance.yahoo.com - November 12 at 10:52 PM
sg.finance.yahoo.com logoStoneCastle meets 3Q profit forecasts (NASDAQ:BANX)
sg.finance.yahoo.com - November 12 at 5:43 PM
noodls.com logoStoneCastle Financial Corp. Reports Third Quarter 2015 Results (NASDAQ:BANX)
www.noodls.com - November 12 at 4:36 PM
biz.yahoo.com logoSTONECASTLE FINANCIAL CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a (NASDAQ:BANX)
biz.yahoo.com - November 12 at 4:11 PM
biz.yahoo.com logoQ3 2015 StoneCastle Financial Corp Earnings Release - After Market Close (NASDAQ:BANX)
biz.yahoo.com - November 12 at 7:07 AM
bloomberg.com logoCDO Revival Led by Funds Pinning Hopes on Smallest Banks (NASDAQ:BANX)
www.bloomberg.com - October 20 at 12:00 AM
finance.yahoo.com logoIs StoneCastle Financial (BANX) Stock a Solid Choice Right Now? (NASDAQ:BANX)
finance.yahoo.com - September 4 at 8:49 AM
noodls.com logoStoneCastle Financial Corp. Executives to Speak at the JMP Securities Financial Services and Real Estate Conference (NASDAQ:BANX)
www.noodls.com - September 2 at 6:44 PM
sg.finance.yahoo.com logoStoneCastle beats 2Q profit forecasts (NASDAQ:BANX)
sg.finance.yahoo.com - August 13 at 4:57 PM
noodls.com logoStoneCastle Financial Corp. Reports Second Quarter 2015 Results (NASDAQ:BANX)
www.noodls.com - August 13 at 4:30 PM

Social

What is StoneCastle Financial Corp's stock symbol?

StoneCastle Financial Corp trades on the NASDAQ under the ticker symbol "BANX."

How often does StoneCastle Financial Corp pay dividends? What is the dividend yield for StoneCastle Financial Corp?

StoneCastle Financial Corp announced a quarterly dividend on Friday, December 9th. Investors of record on Thursday, December 22nd will be given a dividend of $0.37 per share on Tuesday, January 3rd. This represents a $1.48 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date of this dividend is Tuesday, December 20th.

Where is StoneCastle Financial Corp's stock going? Where will StoneCastle Financial Corp's stock price be in 2017?

5 analysts have issued 12-month price objectives for StoneCastle Financial Corp's shares. Their forecasts range from $19.50 to $22.00. On average, they expect StoneCastle Financial Corp's share price to reach $20.83 in the next year.

When will StoneCastle Financial Corp announce their earnings?

StoneCastle Financial Corp is scheduled to release their next quarterly earnings announcement on Friday, April, 29th 2016.

What are analysts saying about StoneCastle Financial Corp stock?

Here are some recent quotes from research analysts about StoneCastle Financial Corp stock:

  • According to Zacks Investment Research, "StoneCastle Financial Corp. is a closed-end investment company. It invests in community banks located throughout the United States. The Company's primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation, through preferred equity, subordinated debt and common equity investments predominantly in U.S. domiciled community banks. StoneCastle Financial Corp. is based in United States. " (1/11/2017)

  • National Securities analysts commented, "3Q16 Recap: Stone Castle Financial Corp. (BANX) reported NII/share of $0.39 for 3Q16 versus our estimate and the consensus estimate of $0.40. All-in effective yield improved 10 bps Q/Q to 12.18% and NIM (net investment margin) improved 5 bps Q/Q to 10.86%. The portfolio at fair value decreased by 8.2% Q/Q largely from only one new investment of $9.0 million versus total sales and redemptions of $26.0 million. However, we expect that activity for BANX will pick up in 4Q16. NAV/share increased to $21.29 from $21.21 the quarter prior largely from unrealized appreciation during the quarter. Debt/assets decreased significantly in light of the portfolio shrinking, down to 19.1% from 30.2% in 2Q16. The company has an upper band target of 30.0%. We expect that BANX will draw on its revolver to reach 29.9% debt/assets in 2Q17 before we model an accretive $25.0 million equity issuance in 3Q17 to deleverage the balance sheet and permit portfolio growth going forward. We are puzzled as to why BANX trades at a 12% NAV/share discount when its portfolio is marked largely using active broker quotes and on a sum of the parts basis, a lot of bank preferred stock and subordinated debt trade at premiums to par. We are maintaining our 2016 NII/share estimate of $1.57 and are revising our 2017 NII/share estimate from $1.71 to $1.70. Our $21 price target implies an estimated 2017 Price/Net Investment Income (P/ NII) of 12.4x, dividend yield of 7.0%, and Price/Net Asset Value (P/NAV) of 0.97x. " (11/14/2016)

Who owns StoneCastle Financial Corp stock?

StoneCastle Financial Corp's stock is owned by many different of retail and institutional investors. Top institutional investors include United Capital Financial Advisers LLC (0.00%), M3F Inc. (0.00%), Baird Financial Group Inc. (0.00%) and Brown Advisory Inc. (0.00%). Company insiders that own StoneCastle Financial Corp stock include George Shilowitz and Joshua S Siegel.

Who sold StoneCastle Financial Corp stock? Who is selling StoneCastle Financial Corp stock?

StoneCastle Financial Corp's stock was sold by a variety of institutional investors in the last quarter, including Baird Financial Group Inc. and United Capital Financial Advisers LLC.

Who bought StoneCastle Financial Corp stock? Who is buying StoneCastle Financial Corp stock?

StoneCastle Financial Corp's stock was purchased by a variety of institutional investors in the last quarter, including Brown Advisory Inc. and M3F Inc.. Company insiders that have bought StoneCastle Financial Corp stock in the last two years include George Shilowitz and Joshua S Siegel.

How do I buy StoneCastle Financial Corp stock?

Shares of StoneCastle Financial Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of StoneCastle Financial Corp stock cost?

One share of StoneCastle Financial Corp stock can currently be purchased for approximately $19.77.

StoneCastle Financial Corp (NASDAQ:BANX) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)

Earnings History Chart

Earnings by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)

Dividend History Chart

Dividend Payments by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)

Last Updated on 2/25/2017 by MarketBeat.com Staff