ArrowMark Financial Corp. Announces Estimated September 2022 Net Asset Value and Sets Date to Host the Third Fiscal Quarter 2022 Earnings Conference Call
ArrowMark Financial Corp. (NASDAQ: BANX) reported an estimated unaudited Net Asset Value (NAV) of $20.74 per share for September 30, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
ArrowMark Financial Corp. (NASDAQ: BANX) reported an estimated unaudited Net Asset Value (NAV) of $20.74 per share for September 30, 2022. This NAV includes a third-quarter cash dividend of $0.39 per share, paid on September 29, 2022. Investors can join a conference call on November 9, 2022, at 5:00 p.m. ET to discuss financial results, investment performance, and market views on bank-related assets. Participants can access the call via telephone or through the company’s investor relations website.
Positive
- Estimated NAV per share increased to $20.74.
- Declared third-quarter cash dividend of $0.39 per share.
Negative
- None.
Details
News Market Reaction – BANX
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DENVER, Oct. 14, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the Company’s September 30, 2022, estimated and unaudited Net Asset Value (“NAV”) was
ArrowMark Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Wednesday, November 9, 2022, to report on the Company’s financial results and investment performance and provide its current market views on bank-related assets. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer, Dana Staggs, President and Patrick Farrell, Chief Financial Officer.
The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. may dial 1-844-826-3035 and participants from outside the U.S. may dial 1-412-317-5195. Participants may also access the call via live webcast by visiting ArrowMark Financial’s investor relations website at ir.arrowmarkfinancialcorp.com.
The replay of the call will be available from approximately 8:00 p.m. (Eastern Time) on November 9, 2022, through midnight (Eastern Time) on November 23, 2022. To access the replay, the domestic dial-in number is 1-844-512-2921 the international dial-in number is 1-412-317-6671 and the passcode is 10171795. The archive of the webcast will be available on the ArrowMark Financial website at ir.arrowmarkfinancialcorp.com for a limited time.
About ArrowMark Financial Corp.
ArrowMark Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com.
Disclaimer and Risk Factors:
There is no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, market at a discount from net asset value risk and market disruption risk. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Shares of ArrowMark Financial may not be appropriate for all investors. Investors should review and consider carefully ArrowMark Financial's investment objective, risks, charges and expenses. Past performance does not guarantee future results.
The Annual Report, Semi-Annual Report and other regulatory filings of the Company with the SEC are accessible on the SEC's website at www.sec.gov and on the Company's website at ir.arrowmarkfinancialcorp.com.
Contact:
Julie Muraco
Investor Relations
212-468-5441
investorrelations@arrowmarkfinancialcorp.com
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