ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for February 2026
ArrowMark Financial (Nasdaq: BANX) declared a monthly cash distribution of $0.15 per share for February 2026.
Sentiment and the balance of points
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Rhea-AI Summary
ArrowMark Financial (Nasdaq: BANX) declared a monthly cash distribution of $0.15 per share for February 2026. The board approved the distribution to be paid on February 27, 2026 to shareholders of record as of February 3, 2026.
Positive
- Declared monthly cash distribution of $0.15 per share
- Distribution payable on February 27, 2026 to record holders on February 3, 2026
Negative
- None.
Details
News Market Reaction – BANX
On Jan 26, the first trading day after this news, BANX closed 0.53% below the previous close.
Data tracked by StockTitan Argus for the Jan 26 session.
Key Figures
- Monthly distribution
- $0.15 per share
- Cash distribution declared for February 2026
- Payment date
- February 27, 2026
- Dividend payable date for February 2026 distribution
- Record date
- February 3, 2026
- Shareholders of record eligible for February 2026 distribution
- Share price
- $20.89
- Last price prior to dividend announcement
Historical Context
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Estimated unaudited NAV of $21.96 per share for Dec 31, 2025.
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Transferable rights offering with 1-for-3 subscription structure and pricing formula.
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First monthly $0.15 distribution for January 2026 after shift from quarterly.
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Registered direct offering of 673,249 shares at $22.28, described as accretive.
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Estimated unaudited NAV of $22.60 per share as of Nov 30, 2025.
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 financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Jan. 23, 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
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:
Destra Capital Advisors LLC (877) 855-3434
Destra Capital Advisors LLC provides secondary market services for the Fund by agreement.
FAQ
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