ArrowMark Financial Corp. (BANX)
| Market Cap | 147.11M |
| Revenue (ttm) | 29.47M |
| Net Income (ttm) | 16.74M |
| Shares Out | 7.12M |
| EPS (ttm) | 2.35 |
| PE Ratio | 8.79 |
| Forward PE | n/a |
| Dividend | $2.10 (10.12%) |
| Ex-Dividend Date | Mar 20, 2025 |
| Volume | 6,974 |
| Open | 20.66 |
| Previous Close | 20.84 |
| Day's Range | 20.66 - 20.88 |
| 52-Week Range | 17.91 - 21.67 |
| Beta | 0.46 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 1, 2025 |
About BANX
ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated b... [Read more]
Financial Performance
In 2024, ArrowMark Financial's revenue was $29.47 million, an increase of 2.74% compared to the previous year's $28.68 million. Earnings were $16.74 million, a decrease of -17.30%.
Financial StatementsNews
5 Best CEFs This Month For Yields Up To 14%
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2025
DENVER, March 19, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of February...
ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the First Quarter 2025
DENVER, March 05, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announce...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2025
DENVER, Feb. 26, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of January 3...
5 Best CEFs This Month: Average Yield Of 10% (February 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
BANX: 8.5% Income Yield, Fully Covered Distribution, But Is It A Buy?
ArrowMark Financial Corp. focuses on high income through investments in Regulatory Capital Relief Securities, comprising 87% of its portfolio, primarily issued by major banks. BANX currently offers an...
BANX: Continuing To Deliver Solid Income To Investors
ArrowMark Financial Corp (BANX) has seen some strong total returns since our prior update, some of this was thanks to further discount narrowing. BANX invests in regulatory capital securities of finan...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2024
DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of December ...
BANX: Decent Income, Occasional Risks
ArrowMark Financial Corp offers a high dividend yield near 10%, but better yields exist with similar or better credit risks. BANX's portfolio focuses on regulatory capital relief securities, providing...
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ArrowMark Financial Corp. Announces Q3 2024 Results and Releases Month End Estimated Net Asset Value as of November 2024
DENVER, Dec. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of November 3...
ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024
DENVER, Nov. 19, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of October 3...
2 Ultra-Cheap Big Yields For Passive Recurrent Income
I love to buy income that's on sale. We have two discounted funds to scoop up today. Own the basics of society and our economy, so money never stops pouring into your account. Don't get distracted by ...
BANX And PDX: Generating Attractive Distributions With Upside Potential
ArrowMark Financial Corp and PIMCO Dynamic Income Strategy Fund offer attractive distributions with the potential for future payout increases or specials. If we don't see increases or specials paid ou...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of September 2024
DENVER, Oct. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of September...
5 Best CEFs This Month For 9% Plus Yield (September 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2024
DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of August 3...
ArrowMark Financial Corp. Announces Q2 2024 Results and Cash Distribution of $0.45 per Share for the Third Quarter 2024
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or the “Fund”), an SEC registered closed-end management investment company, today announced ...
5 Best CEFs This Month For Nearly 9% Yield (August 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
Arrowmark Financial: Big Yield On Niche Assets
Arrowmark Financial offers niche high-yield income investments in the financial sector. BANX focuses on regulatory capital relief securities, with top holdings in G-SIBs like Citigroup and Deutsche Ba...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of July 2024
DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of July 31, ...
5 Best CEFs This Month For Nearly 9% Yield (July 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of June 2024
DENVER, July 11, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of June 30, ...