Last €8.90 EUR
Change Today +0.232 / 2.68%
Volume 0.0
N5F On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 2:08 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

newstar financial inc (N5F) Snapshot

Open
€8.90
Previous Close
€8.67
Day High
€8.90
Day Low
€8.90
52 Week High
09/25/13 - €13.82
52 Week Low
05/9/14 - €7.55
Market Cap
426.4M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
47.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NEWSTAR FINANCIAL INC (N5F)

newstar financial inc (N5F) Related Businessweek News

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newstar financial inc (N5F) Details

NewStar Financial, Inc. operates as a specialized commercial finance company in the United States. The company focuses primarily on the direct origination of loans and equipment leases for meeting the complex financing needs of companies and private investors in the middle market. It originates, structures, and underwrites senior secured cash flow loans and second lien loans for companies for acquisition financing, growth and working capital, recapitalization, and other purposes; senior secured loans to larger middle market companies; and a range of senior debt financing options, including revolving credit facilities, term loans, and other debt products secured by various business assets. The company also offers revolving lines of credit and senior secured term loans for working capital, acquisition, dividend recapitalization, refinancing and restructuring, corporate growth, and management buyout purposes. In addition, it provides commercial real estate loans and other debt products for various purposes, including acquisitions, lease-ups, repositioning and build-out, and refinancing and recapitalizations of office, multi-family, retail, and industrial properties. Further, the company offers a range of lease financing options to mid-sized companies to fund various types of capital expenditures, including essential-use equipment finance for mid-sized businesses; and leases and loan products to fund a range of equipment types, including manufacturing, technology, healthcare, and telecom equipment. It serves manufacturing, healthcare, industrial/other, financial services, restaurants, auto/transportation, consumer services, tech services, environmental services, cable/telecom, printing/publishing, energy/chemical services, building materials, retail, broadcasting, marketing services, entertainment/leisure, consumer, and other business services industries. The company was founded in 2004 and is headquartered in Boston, Massachusetts.

101 Employees
Last Reported Date: 03/14/14
Founded in 2004

newstar financial inc (N5F) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, P...
Total Annual Compensation: $475.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $350.0K
Chief Credit Officer
Total Annual Compensation: $769.2K
Head of Leveraged Finance Origination
Total Annual Compensation: $300.0K
Chief Investment Officer, Director and Member...
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

newstar financial inc (N5F) Key Developments

NewStar Financial, Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Net Charge-Offs for the Second Quarter Ended June 30, 2014; Provides Tax Rate Guidance for 2014

NewStar Financial, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net interest income of $19,668,000 against $24,983,000 a year ago. Operating loss before income taxes was $3,143,000 against operating income before income taxes of $9,345,000 a year ago. Loss before income taxes was $3,180,000 against income before income taxes of $9,574,000 a year ago. Net loss was $1,855,000 or $0.04 per diluted share against net income of $5,644,000 or $0.11 per diluted share a year ago. Negative return on average assets was 0.29% against positive return on average assets of 1.04% a year ago. Negative return on average equity was 1.20% against positive return on average assets of 3.74% a year ago. Book value per share as on June 30, 2014 was $12.62 against $12.39 as on June 30, 2013. Adjusted net interest income was $20,027,000 compared to $25,168,000 a year ago. Net income, excluding the VIE, showed the economic impact in NewStar's income statement if it did not consolidate the entire financial results for the Arlington Fund, which would result to the non-GAAP net loss of $1.3 million for the quarter. Net interest income after provision for credit losses was $7,016,000 against $20,653,000 a year ago. Net loss excluding managed VIE was $1,285,000 or $0.03 per diluted share against net income excluding managed VIE of $5,701,000 or $0.11 per diluted share a year ago. Adjusted net interest income was $20,027,000 against $25,168,000 a year ago. For the six months, the company reported net interest income of $40,294,000 against $45,936,000 a year ago. Operating income before income taxes was $6,266,000 against $19,772,000 a year ago. Income before income taxes was $7,357,000 against $20,001,000 a year ago. Net income was $4,348,000 or $0.08 per diluted share against $11,798,000 or $0.22 per diluted share a year ago. Return on average assets was 0.34% against 1.11% a year ago. Return on average equity was 1.41% against 3.95% a year ago. Book value per share was $12.62 at the end of the second quarter down $0.14 from $12.76 at the end of the prior quarter primarily due to the net settlement of warrants to purchase common stock and net income. Book value per share is reflecting second quarter's loss. Net interest income after provision for credit losses was $21,835,000 against $40,888,000 a year ago. Net income excluding managed VIE was $4,689,000 or $0.09 per diluted share against net income excluding managed VIE of $11,855,000 or $0.22 per diluted share a year ago. For the quarter, the company reported net charge-offs of $13,152,000 compared to $10,870,000 for the same period a year ago. The company expects its tax rate to be above 41% for the year 2014.

NewStar Financial, Inc. to Report Q2, 2014 Results on Aug 06, 2014

NewStar Financial, Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Aug 06, 2014

NewStar Financial, Inc., Q2 2014 Earnings Call, Aug 06, 2014

NewStar Financial, Inc., Q2 2014 Earnings Call, Aug 06, 2014

 

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N5F Competitors

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Company Last Change
Anworth Mortgage Asset Corp $5.06 USD +0.02
Arbor Realty Trust Inc $6.81 USD -0.01
Arlington Asset Investment Corp $26.99 USD +0.17
Dynex Capital Inc $8.32 USD +0.02
RAIT Financial Trust $7.75 USD +0.04
View Industry Companies
 

Industry Analysis

N5F

Industry Average

Valuation N5F Industry Range
Price/Earnings 35.9x
Price/Sales 7.4x
Price/Book 0.9x
Price/Cash Flow 32.7x
TEV/Sales NM Not Meaningful
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