ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for February 2026
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.
News Market Reaction – BANX
On the day this news was published, BANX declined 0.53%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
BANX was down 1.37% while key closed-end peers like BWG, GRX, MPA and EDF showed small gains between 0.05% and 0.61%, indicating today’s weakness was stock-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 16 | NAV update | Neutral | +1.1% | Estimated unaudited NAV of <b>$21.96</b> per share for <b>Dec 31, 2025</b>. |
| Jan 13 | Rights offering | Negative | -4.8% | Transferable rights offering with 1-for-3 subscription structure and pricing formula. |
| Jan 09 | Dividend announcement | Positive | +0.3% | First monthly <b>$0.15</b> distribution for January 2026 after shift from quarterly. |
| Dec 18 | Direct offering | Positive | +0.3% | Registered direct offering of 673,249 shares at <b>$22.28</b>, described as accretive. |
| Dec 17 | NAV update | Neutral | +0.5% | Estimated unaudited NAV of <b>$22.60</b> per share as of <b>Nov 30, 2025</b>. |
Recent BANX headlines, including NAV updates, distributions, and capital raises, have generally seen modest price moves that align directionally with the tone of each announcement.
Over the past few months, ArrowMark Financial has combined income stability with active capital raising. It reported an estimated NAV of $21.96 as of Dec 31, 2025 and $22.60 as of Nov 30, 2025, alongside a shift to a monthly $0.15 distribution starting January 2026. The fund also executed a $14.999,987.72 registered direct offering at $22.28 and announced a transferable rights offering. The new February 2026 monthly cash distribution continues this income-focused pattern.
Market Pulse Summary
This announcement reinforces ArrowMark Financial’s income orientation by confirming another monthly cash distribution of $0.15 per share for February 2026, payable on February 27, 2026 to holders of record on February 3, 2026. In context of recent NAV disclosures and capital-raising activity, it underscores management’s focus on providing consistent payouts. Investors may watch upcoming NAV estimates, rights-offering developments, and any further financing actions to gauge ongoing support for the dividend level and discount to NAV.
Key Terms
closed-end management investment company financial
AI-generated analysis. 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
What distribution did ArrowMark Financial (BANX) declare for February 2026?
When will BANX pay the February 2026 distribution?
What is the record date for ArrowMark Financial's February 2026 distribution (BANX)?
Is the February 2026 distribution from ArrowMark Financial a one-time or monthly payment?
How can BANX shareholders receive the February 2026 distribution?
Where is ArrowMark Financial (BANX) listed?
