trending Market Intelligence /marketintelligence/en/news-insights/trending/Fz2DOKQOW7mWAvBwpKfDiw2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Castle Group Q1 profit falls YOY


Corporate & Municipal CUSIP Request Volumes Climb for Second Straight Month


Root & Branch: A monthly review of the sustainable LEVFIN market


Banking Essentials Newsletter - April Edition


Can We Uncover The Subtext Behind Credit Ratings Research? Part III

Castle Group Q1 profit falls YOY

Castle Group Inc. said its normalized net income for the first quarter came to $100,530, a decline of 22.4% from $129,490 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to 1.6% from 2.1% in the year-earlier period.

Total revenue grew 6.0% year over year to $6.5 million from $6.1 million, and total operating expenses rose 6.6% on an annual basis to $6.2 million from $5.8 million.

Reported net income totaled $104,250, or 1 cents per share, compared to $104,150, or 1 cents per share, in the year-earlier period.