ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for April 2026

ArrowMark Financial (Nasdaq: BANX) declared a monthly cash distribution of $0.15 per share for April 2026.

Rhea-AI Summary

ArrowMark Financial (Nasdaq: BANX) declared a monthly cash distribution of $0.15 per share for April 2026. The distribution is payable on April 30, 2026 to shareholders of record as of April 23, 2026.

The company said the payment reflects the fund's ability to consistently over-earn its declared monthly distribution rate and emphasizes a focus on capital preservation and income generation.

Positive

• Monthly distribution of $0.15 per share declared
• Payment date April 30, 2026; record date April 23, 2026
• Company reports it consistently over-earns its declared monthly rate

Negative

• None.

Argus Apr 14 session

+1.14% close to close Open Argus

Details

News Market Reaction – BANX

On Apr 14, the first trading day after this news, BANX closed 1.14% above the previous close.

Data tracked by StockTitan Argus for the Apr 14 session.

Market Context

This announcement reiterates ArrowMark Financial’s regular monthly cash distribution of $0.15 per sh...

Analysis

This announcement reiterates ArrowMark Financial’s regular monthly cash distribution of $0.15 per share for April 2026, payable on April 30, 2026 to holders of record on April 23, 2026. It continues a pattern of consistent payouts following a year in which earnings and filings highlighted income generation and capital preservation. Investors may contextualize this with recent NAV updates, prior over‑earning of the distribution rate, and the stock’s position below its 200‑day moving average and 52‑week high.

Key Figures

Monthly distribution: $0.15 per share Payment date: April 30, 2026 Record date: April 23, 2026

Monthly distribution

$0.15 per share

Declared cash distribution for April 2026

Payment date

April 30, 2026

Distribution payable date

Record date

April 23, 2026

Shareholders of record eligible for April 2026 payout

Historical Context

5 past events · Latest: Mar 25

5 events

1. Mar 25

   NAV update

   24h Move

   -0.9%

   Released estimated February 2026 NAV per share of $21.18.

2. Mar 10

   Earnings & distribution

   24h Move

   +1.1%

   Q4 2025 net income per share exceeded distribution and March $0.15 payout declared.

3. Feb 19

   Rights offering

   24h Move

   -0.1%

   Announced preliminary results of rights offering for up to 2,604,156 shares at $19.79.

4. Feb 10

   NAV update

   24h Move

   -0.3%

   Reported estimated January 2026 NAV of $21.98 per share.

5. Jan 23

   Monthly distribution

   24h Move

   -0.5%

   Declared February 2026 monthly cash distribution of $0.15 per share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

closed-end management investment company

1 terms

closed-end management investment company technical

"ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" ), an SEC registered closed-end management investment company, today announced..."

A closed-end management investment company is a pooled investment fund that raises a fixed amount of capital by issuing a set number of shares and then lists those shares for trading on an exchange; investors buy and sell shares on the market rather than redeeming them back to the fund. Think of it like a store with a fixed number of bottles on the shelf: the market price can be higher or lower than the underlying value of the assets, which matters to investors because it affects returns, liquidity and income characteristics independent of the fund’s actual holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DENVER, April 13, 2026 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a monthly cash distribution of $0.15 per share for April 2026. The total distribution of $0.15 per share will be payable on April 30, 2026, to shareholders of record on April 23, 2026.

“We are very pleased to announce the regular monthly distribution of $0.15. We believe these distributions reflect the Fund’s ability to consistently over-earn its declared monthly distribution rate. ArrowMark Financial is committed to providing consistent risk-adjusted returns while maintaining focus on capital preservation and income generation for our shareholders,” said Chairman & CEO Sanjai Bhonsle.

About ArrowMark Financial Corp.
ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. The Fund pursues its objective by investing primarily in regulatory capital securities of financial institutions. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com or contact the Fund’s secondary market service agent at 877-855-3434.

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 Fund with the SEC are accessible on the SEC's website at www.sec.gov and on the Fund’s website at ir.arrowmarkfinancialcorp.com.

Contact:

BANX@destracapital.com

Destra Capital Advisors LLC (877) 855-3434
Destra Capital Advisors LLC provides secondary market services for the Fund by agreement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What distribution did ArrowMark Financial (BANX) declare for April 2026?

ArrowMark Financial declared a $0.15 per share monthly cash distribution for April 2026. According to the company, the distribution reflects the fund’s ability to consistently over-earn its declared monthly distribution rate and supports income-focused shareholders.

When will the BANX April 2026 distribution be paid and who is eligible?

The distribution will be paid on April 30, 2026, to shareholders of record on April 23, 2026. According to the company, holders recorded by the April 23 record date will receive the cash payment on April 30.

How often does ArrowMark Financial (BANX) pay distributions to shareholders?

ArrowMark Financial pays distributions on a monthly basis. According to the company, the fund declared a monthly cash distribution of $0.15 per share for April 2026, highlighting its ongoing monthly payout policy.

What did ArrowMark Financial say about the sustainability of the BANX distribution?

The company said distributions reflect the fund’s ability to consistently over-earn its declared monthly rate. According to the company, this performance underpins its focus on capital preservation and income generation for shareholders.

Does the BANX April 2026 distribution affect the fund’s investment strategy?

The distribution aligns with the fund’s existing income-focused strategy and capital preservation emphasis. According to the company, maintaining monthly payouts supports its objective of providing consistent risk-adjusted returns to shareholders.

What are the key dates for BANX shareholders to receive the April 2026 distribution?

Key dates are the record date April 23, 2026 and the payment date April 30, 2026. According to the company, shareholders on the record date will be eligible for the April cash distribution.