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General information

Country: UNITED STATES

Sector: Asset Management

StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across the banking sector. It invests in dividend paying growth and value stocks of companies. For its fixed income portion, the fund invests in subordinated debt securities which are rated BBB- or better by Kroll Ratings. The fund employs fundamental analysis with bottom-up security picking approach by focusing on factors such as review of historical and prospective financial information, interviews with management and key employees of the prospective bank, financial models and projections, changes in interest rates, changes in unemployment rates, changes in home prices, changes in economic activity to create its portfolio. It employs proprietary research to create its portfolio. StoneCastle Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
Website: stonecastle-financial.comcompany.jsp



Growth: Bad revenue growth rate -75.0%, there is slowdown compared to average historical growth rates 35.5%. The revenue growth dynamics is unstable

Profitability: LTM net profit margin is positive, +100.0%. On average the margin is decreasing unsteadily. Gross margin is low, 0.0%. In the last quarter the company beat the estimated EPS, 0.0%. The company was ahead of estimated EPS in 40% of quarters (showing a gain of -$0.02 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 11.7%.

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 29.6% higher than minimum and 17.4% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, Net Income margin, industries and geography on average are valued 6.6x by P / Sales multiple , the company can be 45.9% overvalued

Key Financials (Download financials)

Ticker: BANX
Share price, USD:  (+1.4%)18.76
year average price 17.32  


year start price 19.02 2023-03-03

max close price 19.02 2023-03-03

min close price 14.47 2023-05-04

current price 18.76 2024-03-01
Common stocks: 7 099 390

Dividend Yield:  11.7%
P / E LTM: 12.1x
P / E annualized: 33.3x
Last revenue growth (y/y):  -75.0%
Last growth of Net Income (y/y):  -75.0%
Historical revenue growth:  35.5%
Historical growth of Net Income:  ---
P / Sales: 12.1x
Margin (Net Income LTM / Revenue): 100.0%
Fundamental value created in LTM:
Market Cap ($m): 133
Price to Book: 0.9x

Revenue and Net Income

Quarterly values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


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More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2022 q3 2022 q2 2022 q1
date 2023-09-30 2023-06-30 2022-09-30 2022-06-30 2022-03-31
symbol BANX BANX BANX BANX BANX
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2022-09-30 2022-06-30 2022-03-31
acceptedDate 2023-09-28 20:00:00 2023-06-28 20:00:00 2022-09-29 20:00:00 2022-06-30 00:00:00 2022-03-30 20:00:00
calendarYear 2023.000 2023.000 2022.000 2022.000 2022.000
period Q3 Q2 Q3 Q2 Q1
revenue 0 0 2M -231 501 1M
costOfRevenue 0 0 0 0 0
grossProfit 0 0 2M -231 501 0
grossProfitRatio 0 0 1.000 1.000 0
researchAndDevelopmentExpenses 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 340 035 479 930 331 559
sellingAndMarketingExpenses 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 0 0 340 035 479 930 331 559
otherExpenses 0 0 149 663 134 136 111 147
operatingExpenses 0 0 489 698 614 066 442 706
costAndExpenses 0 0 489 698 614 066 0
interestIncome 0 0 5M 5M 4M
interestExpense 0 0 652 189 486 112 341 361
depreciationAndAmortization 0 0 0 0 0
ebitda 0 0 2M -359 455 1M
ebitdaratio 0 0 1.086 1.553 0.929
operatingIncome 0 0 2M -359 455 0
operatingIncomeRatio 0 0 1.086 1.553 0
totalOtherIncomeExpensesNet 0 0 -652 189 -486 112 0
incomeBeforeTax 0 0 1M -845 567 991 470
incomeBeforeTaxRatio 0 0 0.742 3.653 0.691
incomeTaxExpense 0 0 0 0 0
netIncome 0 0 1M -845 567 991 470
netIncomeRatio 0 0 0.742 3.653 0.691
eps 0 0 0.190 -0.110 0.130
epsdiluted 0 0 0.190 -0.110 0.130
weightedAverageShsOut 0 0 7M 8M 8M
weightedAverageShsOutDil 0 0 7M 8M 8M
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Balance Sheet Statement

Property 2023 q3 2023 q2 2022 q4 2022 q3 2022 q2 2022 q1
date 2023-09-30 2023-06-30 2022-12-31 2022-09-30 2022-06-30 2022-03-31
symbol BANX BANX BANX BANX BANX BANX
reportedCurrency USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2022-12-31 2022-09-30 2022-06-30 2022-03-31
acceptedDate 2023-09-28 20:00:00 2023-06-30 00:00:00 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-30 2022-03-30 20:00:00
calendarYear 2023.000 2023.000 2022.000 2022.000 2022.000 2022.000
period Q3 Q2 Q4 Q3 Q2 Q1
cashAndCashEquivalents 0 138 301 369 655 5M 127 284 7M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 0 138 301 369 655 5M 127 284 7M
netReceivables 0 4M 3M 12M 3M 3M
inventory 0 0 0 0 0 0
otherCurrentAssets 0 0 0 0 0 0
totalCurrentAssets 0 4M 4M 18M 0 0
propertyPlantEquipmentNet 0 0 0 0 0 0
goodwill 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0
longTermInvestments 0 197M 204M 193M 197M 200M
taxAssets 0 0 0 0 0 0
otherNonCurrentAssets 0 -197M -204M -193M 0 0
totalNonCurrentAssets 0 197M 204M 193M 0 0
otherAssets 0 919 637 1M 1M 202M 211M
totalAssets 0 201M 208M 212M 202M 211M
accountPayables 0 38 422 4M 296 986 33 990 12 709
shortTermDebt 0 0 0 0 0 0
taxPayables 0 0 246 963 0 0 0
deferredRevenue 0 0 0 0 0 0
otherCurrentLiabilities 0 -38 422 -4M -296 986 0 0
totalCurrentLiabilities 0 38 422 4M 296 986 0 0
longTermDebt 0 49M 56M 62M 52M 57M
deferredRevenueNonCurrent 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0
otherNonCurrentLiabilities 0 -49M -52M -62M 0 0
totalNonCurrentLiabilities 0 49M 4M 296 986 0 57M
otherLiabilities 0 1M 54M 64M 53M 2M
capitalLeaseObligations 0 0 0 0 0 0
totalLiabilities 0 50M 61M 65M 53M 59M
preferredStock 0 0 0 0 0 0
commonStock 0 7108.000 7103.000 7103.000 7101.000 7099.000
retainedEarnings 0 -5M -9M -9M -8M -4M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0
othertotalStockholdersEquity 0 157M 156M 157M 0 157M
totalStockholdersEquity 0 151M 148M 147M 149M 152M
totalEquity 0 151M 148M 147M 149M 152M
totalLiabilitiesAndStockholdersEquity 0 201M 208M 212M 202M 211M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 0 201M 208M 212M 202M 211M
totalInvestments 0 197M 204M 193M 0 0
totalDebt 0 49M 56M 62M 52M 57M
netDebt 0 49M 55M 57M 51M 50M
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Cash Flow Statement

Property 2023 q3 2023 q2 2020 q2 2019 q4
date 2023-09-30 2023-06-30 2020-06-30 2019-12-31
symbol BANX BANX BANX BANX
reportedCurrency USD USD USD USD
cik 2M 2M 2M 2M
fillingDate 2023-09-30 2023-06-30 2020-06-30 2019-12-31
acceptedDate 2023-09-28 20:00:00 2023-06-28 20:00:00 2020-06-29 20:00:00 2019-12-30 19:00:00
calendarYear 2023.000 2023.000 2020.000 2019.000
period Q3 Q2 Q2 Q4
netIncome 0 0 11M 5M
depreciationAndAmortization 0 0 0 0
deferredIncomeTax 0 0 0 0
stockBasedCompensation 0 0 0 0
changeInWorkingCapital 0 0 -9M 4M
accountsReceivables 0 0 -1M -251 330
inventory 0 0 0 0
accountsPayables 0 0 -5M 20 420
otherWorkingCapital 0 0 -3M 4M
otherNonCashItems 0 0 -5M -246 750
netCashProvidedByOperatingActivities 0 0 -3M 9M
investmentsInPropertyPlantAndEquipment 0 0 0 0
acquisitionsNet 0 0 0 0
purchasesOfInvestments 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0
otherInvestingActivites 0 0 0 0
netCashUsedForInvestingActivites 0 0 0 0
debtRepayment 0 0 0 0
commonStockIssued 0 0 0 0
commonStockRepurchased 0 0 0 0
dividendsPaid 0 0 -7M -2M
otherFinancingActivites 0 0 15M -6M
netCashUsedProvidedByFinancingActivities 0 0 8M -9M
effectOfForexChangesOnCash 0 0 0 0
netChangeInCash 0 0 5M -123 930
cashAtEndOfPeriod 0 0 5M -5740.000
cashAtBeginningOfPeriod 0 0 62 840 118 190
operatingCashFlow 0 0 -3M 9M
capitalExpenditure 0 0 0 0
freeCashFlow 0 0 -3M 9M
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Earning call transcript

2022 q3
2022-11-09 ET (fiscal 2022 q3)
2022 q2
2022-08-06 ET (fiscal 2022 q2)
2022 q1
2022-05-12 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-02-20 22:30 ET
Arrowmark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2024
2024-01-16 22:30 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2023
2023-12-15 22:30 ET
Arrowmark Financial Corp. Announces Q3 2023 Results and Releases Month End Estimated Net Asset Value as of November 2023
2023-12-08 13:30 ET
ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2023
2023-11-16 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2023
2023-10-19 20:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of September 2023
2023-09-18 21:00 ET
Arrowmark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2023
2023-09-15 21:00 ET
ArrowMark Financial Corp. Announces Long Term Capital Gain Distribution of $0.42 Per Share
2023-09-11 21:00 ET
ArrowMark Financial Corp. Announces an Increase in the Third Quarter 2023 Cash Distribution to $0.45 Per Share
2023-08-16 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of July 2023
2023-07-14 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of June 2023
2023-06-15 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value As Of May 2023
2023-06-09 20:03 ET
ArrowMark Financial Corp. Announces Q1 2023 Results and Cash Distribution of $0.39 Per Share for Q2 2023
2023-05-15 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of April 2023
2023-04-18 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of March 2023
2023-03-15 21:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2023
2023-03-09 00:00 ET
ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for First Quarter 2023
2023-02-28 00:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2023
2023-02-03 22:45 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2022
2022-12-19 22:10 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of November 2022
2022-12-16 23:45 ET
ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.39 per Share for Fourth Quarter 2022
2022-11-21 23:00 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2022
2022-11-09 21:20 ET
ArrowMark Financial Corp. Reports Third Quarter 2022 Results
2022-11-07 23:00 ET
ArrowMark Financial Corp. to Present at Investor Summit Group's Q4 Conference
2022-10-14 12:20 ET
ArrowMark Financial Corp. Announces Estimated September 2022 Net Asset Value and Sets Date to Host the Third Fiscal Quarter 2022 Earnings Conference Call
2022-09-13 12:20 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2022
2022-09-12 20:20 ET
ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Third Quarter 2022
2022-08-11 20:45 ET
ArrowMark Financial Corp. Announces Estimated July 2022 Net Asset Value and Announces Sanjai Bhonsle, Chairman & CEO, to Close the NASDAQ Stock Market on Tuesday, August 16th
2022-08-04 20:20 ET
ArrowMark Financial Corp. Reports Second Quarter 2022 Results
2022-07-13 21:10 ET
ArrowMark Financial Corp. Announces Estimated June 2022 Net Asset Value and Sets Date to Host the Second Fiscal Quarter 2022 Earnings Conference Call
2022-06-14 11:45 ET
ArrowMark Financial Corp. Announces Estimated May 2022 Net Asset Value and Announces the Appointment of ArrowMark Financial Corp. President, Dana Staggs
2022-06-09 21:45 ET
ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Second Quarter 2022
2022-05-12 20:20 ET
ArrowMark Financial Corp. Reports First Quarter 2022 Results
2022-05-09 14:15 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of April 2022
2022-04-21 12:45 ET
ArrowMark Financial Corp. Announces Estimated March 2022 Net Asset Value and Sets Date to Host the First Fiscal Quarter 2022 Earnings Conference Call
2022-03-14 21:15 ET
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2022
2022-03-03 13:10 ET
ArrowMark Financial Corp. Announces an Increase in the First Quarter 2022 Cash Distribution to $0.39 per Share
2022-02-28 21:20 ET
ArrowMark Financial Corp. Reports Fourth Quarter 2021 Results
2022-02-24 13:00 ET
StoneCastle Financial Corp. Announces Name Change to ArrowMark Financial Corp.
2022-02-23 01:49 ET
StoneCastle Financial Corp. Announces Estimated January 2022 Net Asset Value and Sets Date to Host the Fourth Fiscal Quarter 2021 Earnings Conference Call
2022-01-20 13:50 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of December 2021
2021-12-17 21:20 ET
StoneCastle Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.38 per Share for Fourth Quarter 2021
2021-12-16 13:45 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of November 2021
2021-11-22 13:45 ET
Stonecastle Financial Corp. Releases Month End Estimated Net Asset Value as of October 2021
2021-11-10 21:20 ET
StoneCastle Financial Corp. Reports Third Quarter 2021 Results
2021-11-09 15:27 ET
StoneCastle Financial Corp. (BANX) Announces Participation in the Q4 Virtual Investor Summit
2021-10-21 20:40 ET
StoneCastle Financial Corp. Announces At-the-Market Offering
2021-10-18 12:30 ET
StoneCastle Financial Corp. Announces Estimated Net Asset Value as of September 30, 2021 and Sets Date to Host the Third Fiscal Quarter 2021 Earnings Conference Call
2021-09-27 20:20 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of August 2021
2021-09-11 00:05 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for Third Quarter 2021
2021-08-24 00:15 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of July 2021
2021-08-05 20:20 ET
StoneCastle Financial Corp. Reports Second Quarter 2021 Results
2021-07-21 21:20 ET
StoneCastle Financial Corp. Announces Estimated Net Asset Value As of June 30, 2021 and Sets Date to Host the Second Fiscal Quarter 2021 Earnings Conference Call
2021-07-12 12:30 ET
StoneCastle Financial Corp. Announces $10.8 Million Registered Direct Offering
2021-06-17 20:50 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of May 2021
2021-06-11 12:50 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share For Second Quarter 2021
2021-05-20 21:45 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of April 2021
2021-05-13 20:20 ET
StoneCastle Financial Corp. Reports First Quarter 2021 Results
2021-04-20 20:20 ET
StoneCastle Financial Corp. Announces Estimated Net Asset Value as of March 31, 2021 and Sets Date to Host the First Fiscal Quarter 2021 Earnings Conference Call
2021-03-19 20:50 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of February 2021
2021-03-03 21:20 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for First Quarter 2021
2021-03-01 21:20 ET
StoneCastle Financial Corp. Reports Fourth Quarter 2020 Results
2021-02-26 14:21 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of January 2021
2021-02-04 22:45 ET
StoneCastle Financial Corp. To Host Fourth Fiscal Quarter 2020 Earnings Conference Call
2021-02-01 23:45 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of December 2020
2020-12-22 21:20 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of November 2020
2020-12-02 22:40 ET
StoneCastle Financial Corp. Announces Special Distribution of $0.05 and Regular Cash Distribution of $0.38 Per Share for Fourth Quarter 2020
2020-11-23 21:20 ET
StoneCastle Financial Corp. Releases Month End Estimated Net Asset Value as of October 2020
2020-11-12 21:20 ET
StoneCastle Financial Corp. Reports Third Quarter 2020 Results
2020-10-21 12:30 ET
StoneCastle Financial Corp. Announces Net Asset Value as of September 30, 2020 and Sets Date to Host the Third Fiscal Quarter 2020 Earnings Conference Call
2020-09-21 21:45 ET
StoneCastle Financial Corp. Releases Month End Net Asset Value as of August 2020
2020-09-11 21:45 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for Third Quarter 2020
2020-08-25 13:00 ET
StoneCastle Financial Corp. Releases Month-End Estimated Net Asset Value As of July 2020
2020-08-06 20:20 ET
StoneCastle Financial Corp. Reports Second Quarter 2020 Results
2020-07-23 22:55 ET
StoneCastle Financial Corp. to Host the Second Fiscal Quarter 2020 Earnings Conference Call and Announces Net Asset Value as of June 30, 2020
2020-06-12 12:15 ET
StoneCastle Financial Corp. Announces Change of Location for the 2020 Annual Meeting of Stockholders to be Held June 19, 2020
2020-06-11 21:45 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for Second Quarter 2020
2020-05-07 20:20 ET
StoneCastle Financial Corp. Reports First Quarter 2020 Results
2020-04-16 21:24 ET
StoneCastle Financial Corp. to Host the First Fiscal Quarter 2020 Earnings Conference Call and Announces Net Asset Value as of March 31, 2020
2020-03-04 21:20 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for First Quarter 2020
2020-02-27 21:20 ET
StoneCastle Financial Corp. Reports Fourth Quarter 2019 Results
2020-02-12 22:30 ET
StoneCastle Financial Corp. Announces ArrowMark Partners’ Acquisition of StoneCastle Asset Management’s Bank Investment Platform, Stockholder Approval of New Management Agreement and Election of Directors
2019-12-09 22:06 ET
StoneCastle Financial Corp. Announces ArrowMark Partners’ Agreement to Acquire StoneCastle Asset Management’s Bank Investment Platform
2019-12-06 14:07 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 per Share for Fourth Quarter 2019
2019-10-30 20:20 ET
StoneCastle Financial Corp. Reports Third Quarter 2019 Results
2019-10-01 21:20 ET
StoneCastle Financial Corp. to Host Third Fiscal Quarter 2019 Earnings Conference Call
2019-09-11 20:20 ET
StoneCastle Financial Corp. Announces Cash Distribution of $0.38 Per Share for Third Quarter 2019

SEC forms

Show financial reports only

SEC form 6
2023-08-28 09:13 ET
StoneCastle Financial published news for 2023 q2
SEC form 6
2023-08-25 12:28 ET
StoneCastle Financial published news for 2023 q2
SEC form 6
2023-05-23 13:41 ET
StoneCastle Financial reported for 2023 q1
SEC form 6
2023-05-05 16:52 ET
StoneCastle Financial published news for 2023 q1
SEC form 6
2023-03-15 11:18 ET
StoneCastle Financial published news for 2022 q4