Recent

% | $
Quotes you view appear here for quick access.

MCG Capital Corporation Message Board

maine1964 3 posts  |  Last Activity: 6 hours ago Member since: Apr 25, 2011
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • - Net income for the three months ended March 31, 2015 rose 31.5%
    - Total assets increased to a company-record $488.01 million at March 31, 2015
    - Total deposits grew to a record $438.81 million at March 31, 2015
    - The company continued to demonstrate strong asset quality, including a 0.51% ratio of nonperforming loans to total loans and a decline in the dollar amount of total nonperforming loans even as the company's portfolio of loans grew.
    - Book value per share increased to $10.60 at March 31, 2015 compared with $9.31 at March 31, 2014
    - In the fourth quarter 2014, the company purchased a bank facility in Harrisonburg, Virginia, with plans to open a full-service branch in third quarter 2015

    Sentiment: Strong Buy

  • maine1964 by maine1964 Apr 24, 2015 4:46 PM Flag

    A few of the positives;
    - Non-performing assets to total assets decreased to 0.75% from 1.00% at December 31, 2014
    - Tangible book value per share was $8.96 at March 31, 2015, compared to $8.29 at March 31, 2014. An increase of 8.1% Y/Y.
    - During the first quarter of 2015, the Company repurchased 28,588 shares for a total of $244,000 - comes to $8.53 per share, very good value.

    Sentiment: Strong Buy

  • Reply to

    Div Increase

    by budfoxtrading Mar 6, 2015 7:58 AM
    maine1964 maine1964 Mar 6, 2015 5:08 PM Flag

    Stated back in December that I was surprised there wasn't more people latching on to this company and posting here, especially when message boards for other BDCs (not of the quality of MRCC) are quite active.

    Sentiment: Strong Buy

MCGC
4.09+0.0050(+0.12%)Apr 27 4:00 PMEDT