ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for January 2026
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.
News Market Reaction – BANX
On the day this news was published, BANX gained 0.27%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
BANX showed a modest 0.32% gain while peers were mixed: BWG (-0.23%), GRX (+1.04%), MPA (+0.67%), EDF (+0.41%), OCCI (+0.20%). No broad asset-management move is indicated.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 18 | Registered direct offering | Neutral | +0.3% | Announced $14.999M registered direct offering at $22.28 per share. |
| Dec 17 | NAV update | Neutral | +0.5% | Released estimated unaudited NAV of $22.60 as of Nov 30, 2025. |
| Dec 17 | Distribution policy change | Positive | -0.2% | Approved change from quarterly to monthly cash distributions for 2026. |
| Dec 15 | Q3 results & distributions | Positive | -0.1% | Reported Q3 2025 net income $0.61 per share with special and regular Q4 payouts. |
| Nov 18 | NAV update | Neutral | -2.8% | Announced estimated unaudited NAV of $22.41 as of Oct 31, 2025. |
Recent income and distribution-related announcements often led to small price moves, with some positive news seeing slightly negative next-day reactions.
Over the past months, ArrowMark Financial focused on income generation and capital access. In November–December 2025, it reported estimated monthly NAVs around the low $22 range and approved a shift from quarterly to monthly distributions effective with the January 2026 payout. It also completed a $14.999M registered direct offering at $22.28 per share and highlighted consistent over-earning of its prior quarterly distribution. Today’s $0.15 January monthly distribution operationalizes the previously announced frequency change.
Market Pulse Summary
This announcement implements ArrowMark Financial’s move to a monthly distribution schedule with a declared $0.15 per-share payout for January 2026, payable on January 30 to holders of record on January 21. It follows earlier communications about consistent over-earning of prior quarterly distributions and recent NAV reports in the low $22 range. Investors may watch upcoming NAV estimates, earnings coverage of the new monthly rate, and any further capital-raising activity to assess the durability of this income stream.
Key Terms
closed-end management investment company financial
AI-generated analysis. 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
What distribution did ArrowMark Financial (BANX) declare for January 2026?
When is the BANX January 2026 distribution payable and what is the record date?
Has BANX changed its distribution schedule and when did the change occur?
How does the January 2026 payout reflect ArrowMark Financial's stated objective?
Is the January 2026 BANX distribution a one-time payment or part of a new schedule?
