NEW YORK (AP) _ ArrowMark Financial Corp. (BANX) on Wednesday reported third-quarter earnings of $1.4 million.

The New York-based company said it had net income of 19 cents per share. Earnings, adjusted for investment costs, were 46 cents per share.

The investment company posted revenue of $5.3 million in the period.

StoneCastle shares have decreased 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.86, a drop of 25% in the last 12 months.

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