Bexil Corporation Announces Sale of Mortgage Subsidiary
Marketwired - Wed Sep 23, 8:04AM CDT
Bexil Corporation (OTC PINK: BXLC) today announced that its 92% owned subsidiary Bexil American Mortgage Inc. (BAM) had closed the sale of its mortgage subsidiary Castle Mortgage Corporation (Castle). In exchange for all of Castle's stock, BAM received consideration including $725,000 in cash. Immediately before the closing, BAM exercised its option to acquire the Castle stock it did not already own for $278,000. At closing, BAM withdrew approximately $4.7 million in cash and receivables from Castle and the buyer recapitalized Castle, assuming approximately $0.7 million of liabilities.
Bexil Corporation Announces Second Quarter 2015 Financial Results
Marketwired - Fri Aug 14, 3:15PM CDT
Bexil Corporation (OTC PINK: BXLC) today reported its financial results for the second quarter ended June 30, 2015.
Bexil Corporation Announces First Quarter 2015 Financial Results
Marketwired - Tue Jun 16, 9:47AM CDT
Bexil Corporation (OTC PINK: BXLC) today reported its financial results for the first quarter ended March 31, 2015. Bexil recorded a net loss attributable to Bexil shareholders of $0.4 million or $0.42 per share for the three months ended March 31, 2015, compared to a net loss attributable to Bexil shareholders of $0.9 million or $0.93 per share for the three months ended March 31, 2014. Net loss includes $0.6 million or $0.53 per share and $1.4 million or $1.16 per share in losses from discontinued operations for the three months ended March 31, 2015 and 2014, respectively. From continuing operations Bexil recorded net income of $0.1 million or $0.11 per share for the three months ended March 31, 2015, compared to net income of $0.2 million or $0.23 per share for the three months ended March 31, 2014.
Bexil Corporation Reports 2014 Financial Results and Announces Annual Meeting and Conference Call
Marketwired - Tue Jun 16, 9:35AM CDT
Bexil Corporation (OTC PINK: BXLC) today reported its financial results for the year ended December 31, 2014. Bexil recorded net income from continuing operations of $0.3 million or $0.32 per share for the year ended December 31, 2014, compared to net income of $0.7 million or $0.70 per share for the year ended December 31, 2013. Bexil recorded a net loss attributable to Bexil shareholders of $6.2 million or $6.28 per share for the year ended December 31, 2014, compared to a net loss attributable to Bexil shareholders of $4.6 million or $4.54 per share for the year ended December 31, 2013. Net loss includes $7.8 million or $6.60 per share and $6.6 million or $5.24 per share in losses from discontinued operations for the years ended December 31, 2014 and 2013, respectively.
Bexil Corporation Announces Third Quarter 2014 Financial Results
Marketwired - Fri Nov 14, 3:52PM CST
Bexil Corporation (PINKSHEETS: BXLC) today reported its financial results for the third quarter ended September 30, 2014.