Enhanced Investments - Financial Portal

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

Published: 2020-10-21 12:30:00 ET

DENVER, Oct. 21, 2020 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp., (NASDAQ: BANX) ("StoneCastle Financial" or the “Company”), today announced that the Company’s September 30, 2020 Net Asset Value (“NAV”) was $20.93. The NAV was down ($0.11) from the prior month which reflects the September dividend of $0.38 per share paid to shareholders on September 30, 2020. After reinvestment of this dividend, the NAV was up +1.55% as compared to the prior month-end.

StoneCastle Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Thursday, November 12, 2020 to discuss the Company’s financial results and investment performance and provide its current views on bank-related assets and the community banking market. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer and Patrick Farrell, Chief Financial Officer.

The conference call will be accessible by telephone and the Internet. To access the call, participants from within the U.S. may dial 1-877-407-9039 and participants from outside the U.S. may dial 1-201-689-8470. Participants may also access the call via live webcast by visiting StoneCastle Financial’s investor relations website at www.stonecastle-financial.com.

The replay of the call will be available from approximately 8:00 p.m. (Eastern Time) on November 12, 2020 through midnight (Eastern Time) on November 26, 2020. To access the replay, the domestic dial-in number is 1-844-512-2921 the international dial-in number is 1-412-317-6671 and the passcode is 13712218. The archive of the webcast will be available on the StoneCastle Financial’s website at www.stonecastle-financial.com for a limited time.

AboutStoneCastle Financial Corp.

StoneCastle Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol "BANX.” Its investment objective is to provide stockholders with current income and, to a lesser extent, capital appreciation. StoneCastle Financial is managed by StoneCastle-ArrowMark Asset Management LLC. To learn more, visit www.stonecastle-financial.com.

Contact:

Julie MuracoInvestor Relations212-468-5441

Source: StoneCastle Financial Corp.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.