StoneCastle Financial Corp Company Profile (NASDAQ:BANX)

About StoneCastle Financial Corp (NASDAQ:BANX)

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: Capitalization:
  • Market Cap: $0.00
Average Prices:
  • 50 Day Moving Avg: $19.96
  • 200 Day Moving Avg: $19.35
  • 52 Week Range: $15.95 - $20.74
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.90
  • P/E Growth: 0.000
Dividend:
  • Annual Dividend: $1.48
  • Dividend Yield: 7.4%
Profitability:
  • Net Margins: 47.58%
Misc:
  • Average Volume: 13,998 shs.
  • Beta: 0.21
 

Frequently Asked Questions for StoneCastle Financial Corp (NASDAQ:BANX)

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 declared a quarterly dividend on Monday, March 13th. Investors of record on Wednesday, March 22nd will be paid a dividend of $0.37 per share on Wednesday, March 29th. This represents a $1.48 annualized dividend and a yield of 7.40%. The ex-dividend date is Monday, March 20th. View StoneCastle Financial Corp's Dividend History.

How were StoneCastle Financial Corp's earnings last quarter?

StoneCastle Financial Corp (NASDAQ:BANX) issued its quarterly earnings results on Tuesday, February, 28th. The company reported $0.39 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.41 by $0.02. The firm had revenue of $4.21 million for the quarter, compared to analysts' expectations of $4.30 million. View StoneCastle Financial Corp's Earnings History.

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

3 brokers have issued 1 year price targets for StoneCastle Financial Corp's shares. Their predictions range from $19.50 to $23.00. On average, they expect StoneCastle Financial Corp's stock price to reach $21.17 in the next twelve months. View Analyst Ratings for StoneCastle Financial Corp.

What are analysts saying about StoneCastle Financial Corp stock?

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

  • 1. 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. " (5/9/2017)
  • 2. National Securities analysts commented, "• BANX continues to be fundamentally undervalued. Despite having very sound credit quality, exceeding its dividend, and having a truly unique business model, the company continues to trade at a 6% discount to NAV/share. The dividend yield remains 368 bps wide of the BAML BBB corporate bond yield-to-worst (YTW) index. Additionally, most bank preferred equity and subordinated debt trades at premiums to par, yet BANX, which holds largely bank debt and preferred equity, trades at a discount to NAV/share.
    • StoneCastle will likely generate slight improvements in all-in effective yield and NIM (net investment margin) as a result of deal flow that is truly proprietary and insulated from substantial spread compression seen in the middle market. StoneCastle is lending to community and regional banks that are too small to access public markets to raise capital. The market BANX operates in is not that competitive, as there are not many institutions actively seeking to lend to small US community banks.
    • We are revising our 2017 NII/share estimate to $1.59 from $1.61 and are maintaining our 2018 NII/share estimate of $1.67.
    " (5/8/2017)

Who are some of StoneCastle Financial Corp's key competitors?

Who owns StoneCastle Financial Corp stock?

StoneCastle Financial Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Punch & Associates Investment Management Inc. (0.00%), Fenimore Asset Management Inc. (0.00%), Oxbow Advisors LLC (0.00%), United Capital Financial Advisers LLC (3.32%), Deprince Race & Zollo Inc. (2.58%) and Greenwich Investment Management Inc. (2.03%). Company insiders that own StoneCastle Financial Corp stock include Clara Miller, George Shilowitz and Joshua S Siegel. View Institutional Ownership Trends for StoneCastle Financial Corp.

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 Punch & Associates Investment Management Inc., Trellus Management Company LLC, Creative Planning, Deprince Race & Zollo Inc., Morgan Stanley, United Capital Financial Advisers LLC and Oppenheimer & Co. Inc.. View Insider Buying and Selling for StoneCastle Financial Corp.

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

StoneCastle Financial Corp's stock was bought by a variety of institutional investors in the last quarter, including Oxbow Advisors LLC, Greenwich Investment Management Inc., South Texas Money Management Ltd., Stifel Financial Corp, Baird Financial Group Inc. and Fenimore Asset Management Inc.. Company insiders that have bought StoneCastle Financial Corp stock in the last two years include Clara Miller, George Shilowitz and Joshua S Siegel. View Insider Buying and Selling for StoneCastle Financial Corp.

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 $20.00.

Analyst Ratings

Consensus Ratings for StoneCastle Financial Corp (NASDAQ:BANX) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.17 (5.83% upside)

Analysts' Ratings History for StoneCastle Financial Corp (NASDAQ:BANX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Oppenheimer Holdings Inc.Set Price TargetBuy$21.00MediumView Rating Details
5/8/2017National SecuritiesReiterated RatingBuy$23.00LowView Rating Details
6/1/2016Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$19.50N/AView Rating Details
5/8/2016Robert W. BairdReiterated RatingBuyN/AView Rating Details
3/1/2016WunderlichReiterated RatingBuy$25.00 -> $22.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for StoneCastle Financial Corp (NASDAQ:BANX)
Earnings by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
Earnings History by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.41$0.39$4.30 million$4.21 millionViewN/AView Earnings Details
11/10/2016Q3 2016$0.40$0.39$4.50 million$4.25 millionViewN/AView Earnings Details
8/13/2015Q215$0.33$0.36$3.60 million$3.38 millionViewN/AView Earnings Details
4/30/2015Q115$0.38$0.29$4.04 million$3.22 millionViewN/AView Earnings Details
3/5/2015Q414$0.39$0.23$3.67 million$2.95 millionViewN/AView Earnings Details
8/14/2014Q214$0.32$0.29$2.20 million$2.20 millionViewN/AView Earnings Details
5/13/2014Q114$0.18$0.12$1.66 million$0.72 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for StoneCastle Financial Corp (NASDAQ:BANX)
2017 EPS Consensus Estimate: $1.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.41$0.43$0.42
Q2 20172$0.40$0.42$0.41
Q3 20172$0.42$0.44$0.43
Q4 20171$0.44$0.44$0.44
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for StoneCastle Financial Corp (NASDAQ:BANX)
Most Recent Dividend:3/29/2017
Annual Dividend:$1.48
Dividend Yield:7.40%
Payout Ratio:117.46% (Trailing 12 Months of Earnings)
87.06% (Based on This Year's Estimates)
88.10% (Based on Next Year's Estimates)
Dividend Payments by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)

Dividend History by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/13/2017quarterly$0.377.44%3/20/20173/22/20173/29/2017
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 and Institutional Ownership History for StoneCastle Financial Corp (NASDAQ:BANX)
Insider Ownership Percentage: 8.02%
Institutional Ownership Percentage: 31.14%
Insider Trades by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
Institutional Ownership by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
Insider Trades by Quarter for StoneCastle Financial Corp (NASDAQ:BANX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/8/2017Clara MillerDirectorBuy2,000$20.07$40,140.00View SEC Filing  
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

Headline Trends for StoneCastle Financial Corp (NASDAQ:BANX)
Latest Headlines for StoneCastle Financial Corp (NASDAQ:BANX)
Source:
DateHeadline
americanbankingnews.com logoFY2017 EPS Estimates for StoneCastle Financial Corp (BANX) Cut by Analyst
www.americanbankingnews.com - May 11 at 11:30 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for StoneCastle Financial Corp Lowered by Oppenheimer Holdings (BANX)
www.americanbankingnews.com - May 10 at 8:42 AM
americanbankingnews.com logoOppenheimer Holdings Inc. Analysts Give StoneCastle Financial Corp (BANX) a $21.00 Price Target
www.americanbankingnews.com - May 9 at 11:02 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 9 at 8:34 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Receives Buy Rating from National Securities
www.americanbankingnews.com - May 8 at 11:26 PM
finance.yahoo.com logoStoneCastle misses 1Q profit forecasts
finance.yahoo.com - May 5 at 3:49 PM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 4-May-17 9:00pm GMT
finance.yahoo.com - May 5 at 3:49 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 1:57 AM
finance.yahoo.com logoStoneCastle Financial Corp. Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 8:55 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Getting Very Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - May 2 at 12:30 PM
americanbankingnews.com logo$4.52 Million in Sales Expected for StoneCastle Financial Corp (BANX) This Quarter
www.americanbankingnews.com - April 29 at 8:48 AM
americanbankingnews.com logoZacks: Brokerages Anticipate StoneCastle Financial Corp (BANX) Will Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - April 27 at 5:18 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Getting Somewhat Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 27 at 3:30 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Given News Sentiment Score of -0.12
www.americanbankingnews.com - April 21 at 11:42 AM
finance.yahoo.com logoBusiness Development Companies (BDCs) Presenting at Capital Link's 16th Annual Closed-End Funds & Global ETFs Forum Thursday, April 27, 2017 -- The Metropolitan Club, New York City
finance.yahoo.com - April 20 at 3:51 PM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Effect StoneCastle Financial Corp (BANX) Stock Price
www.americanbankingnews.com - April 14 at 5:59 PM
finance.yahoo.com logoStoneCastle Financial Corp. to Host First Fiscal Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 11 at 6:04 AM
americanbankingnews.com logoZacks: Brokerages Anticipate StoneCastle Financial Corp (BANX) to Announce $0.41 EPS
www.americanbankingnews.com - April 6 at 4:45 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 6 at 1:28 PM
thestreet.com logoStonecastle Financial About To Put More Money In Your Pocket (BANX)
www.thestreet.com - March 16 at 5:19 PM
americanbankingnews.com logoStoneCastle Financial Corp (BANX) Plans Quarterly Dividend of $0.37
www.americanbankingnews.com - March 13 at 5:57 PM
finance.yahoo.com logoStoneCastle Financial Corp. Announces Cash Distribution of $0.37 per Share for First Quarter 2017
finance.yahoo.com - March 10 at 4:37 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 3:46 PM
us.rd.yahoo.com logoStoneCastle Financial Corp. Reports Fourth Quarter 2016 Results
us.rd.yahoo.com - March 1 at 7:24 AM
sg.finance.yahoo.com logoStoneCastle posts 4Q profit
us.rd.yahoo.com - March 1 at 7:24 AM
finance.yahoo.com logoStoneCastle Financial Corp. to Host Fourth Fiscal Quarter 2016 Earnings Conference Call
finance.yahoo.com - January 27 at 5:03 PM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 10 at 9:29 PM
finance.yahoo.com logoStoneCastle Financial Corp. to Host Third Fiscal Quarter 2016 Earnings Conference Call
finance.yahoo.com - October 19 at 4:34 PM
nasdaq.com logoStoneCastle Financial Corp (BANX) Ex-Dividend Date Scheduled for
www.nasdaq.com - September 22 at 9:35 AM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 12 at 12:21 PM
globenewswire.com logoStoneCastle Financial Corp. Reports Second Quarter 2016 Results
globenewswire.com - August 11 at 9:37 PM
finance.yahoo.com logo4:21 pm StoneCastle Financial increases quarterly dividend to $0.37/share from $0.35/share
finance.yahoo.com - June 6 at 4:21 PM
finance.yahoo.com logoStoneCastle Financial upgraded by Keefe Bruyette
finance.yahoo.com - June 1 at 7:43 AM
seekingalpha.com logoStoneCastle Financial's (BANX) CEO Josh Siegel on Q4 2015 Results - Earnings Call Transcript
seekingalpha.com - February 26 at 2:33 PM
finance.yahoo.com logoStoneCastle Financial Corp. Reports Fourth Quarter 2015 Results
finance.yahoo.com - February 25 at 4:10 PM
biz.yahoo.com logoQ4 2015 StoneCastle Financial Corp Earnings Release - After Market Close
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
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
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
finance.yahoo.com - February 1 at 11:30 AM
finance.yahoo.com logoEdited Transcript of BANX earnings conference call or presentation 12-Nov-15 10:00pm GMT
finance.yahoo.com - November 12 at 10:52 PM
biz.yahoo.com logoSTONECASTLE FINANCIAL CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
biz.yahoo.com - November 12 at 4:11 PM
biz.yahoo.com logoQ3 2015 StoneCastle Financial Corp Earnings Release - After Market Close
biz.yahoo.com - November 12 at 7:07 AM
bloomberg.com logoCDO Revival Led by Funds Pinning Hopes on Smallest Banks
www.bloomberg.com - October 20 at 12:00 AM
finance.yahoo.com logoIs StoneCastle Financial (BANX) Stock a Solid Choice Right Now?
finance.yahoo.com - September 4 at 8:49 AM

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StoneCastle Financial Corp (BANX) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff