ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for January 2026
ArrowMark Financial (Nasdaq: BANX) declared a $0.15 per share monthly cash distribution for January 2026.
Sentiment and the balance of points
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Rhea-AI Summary
ArrowMark Financial (Nasdaq: BANX) declared a $0.15 per share monthly cash distribution for January 2026. The distribution is payable on January 30, 2026 to shareholders of record on January 21, 2026. This payment is the fund's first monthly dividend after changing its distribution schedule from quarterly to monthly in December 2025. Management said the monthly schedule supports the fund's objective to provide consistent income to shareholders.
Positive
- $0.15 per share monthly distribution declared for January 2026
- First monthly payment after schedule change from quarterly to monthly in December 2025
Negative
- None.
Details
News Market Reaction – BANX
On Jan 12, the first trading day after this news, BANX closed 0.27% above the previous close.
Data tracked by StockTitan Argus for the Jan 12 session.
Key Figures
- January 2026 monthly distribution
- $0.15 per share
- Declared monthly cash distribution for January 2026
- Payable date
- January 30, 2026
- Payment date for the $0.15 per share distribution
- Record date
- January 21, 2026
- Shareholders of record date for January 2026 distribution
- Distribution frequency
- Monthly
- First monthly dividend after change from quarterly in December 2025
Historical Context
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Announced $14.999M registered direct offering at $22.28 per share.
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Released estimated unaudited NAV of $22.60 as of Nov 30, 2025.
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Approved change from quarterly to monthly cash distributions for 2026.
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Reported Q3 2025 net income $0.61 per share with special and regular Q4 payouts.
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Announced estimated unaudited NAV of $22.41 as of Oct 31, 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. 09, 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
This is the first monthly dividend since the Fund announced the change in December 2025 from quarterly to monthly. “We are very pleased with the transition to a monthly distribution schedule. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income,” 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:
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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