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

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

Rhea-AI Summary

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

For Q1 2026, net income was $0.52 per share on average shares and $0.46 per share on quarter-end shares, both above the $0.45 quarterly distribution. ArrowMark Financial notes it has over-earned its quarterly distribution rate for the past four years.

Positive

• Monthly cash distribution set at $0.15 per share for June 2026
• Q1 2026 net income of $0.52 per share on average shares
• Q1 2026 net income of $0.46 per share on quarter-end shares
• Q1 2026 net income exceeded the $0.45 quarterly distribution amount
• Fund reports over-earning its quarterly distribution rate for the past four years

Negative

• None.

Argus Jun 12 session

-0.15% close to close Open Argus

Details

News Market Reaction – BANX

On Jun 12, the day this news came out, BANX closed 0.15% below the previous close.

Data tracked by StockTitan Argus for the Jun 12 session.

Market Context

This announcement reinforces BANX’s income profile, with a June 2026 monthly cash distribution of $0...

Analysis

This announcement reinforces BANX’s income profile, with a June 2026 monthly cash distribution of $0.15 per share and Q1 2026 net income of up to $0.52 per share based on average shares, exceeding the referenced quarterly distribution of $0.45. Recent filings show an income‑oriented, banking‑focused strategy. Investors may watch how the share price, currently below the 200-day MA and recent NAV estimates, responds to ongoing coverage of the payout and future capital actions.

Key Figures

Monthly distribution: $0.15 per share Payable date: June 30, 2026 Record date: June 23, 2026 +3 more

Monthly distribution

$0.15 per share

Declared cash distribution for June 2026

Payable date

June 30, 2026

Payment date for June 2026 distribution

Record date

June 23, 2026

Shareholders of record for June 2026 distribution

Q1 2026 net income

$0.52 per share

Based on average shares outstanding during Q1 2026

Q1 2026 net income

$0.46 per share

Based on shares outstanding at Q1 2026 quarter end

Quarterly distribution

$0.45 per share

Quarterly distribution amount referenced for Q1 2026

Historical Context

5 past events · Latest: May 15

5 events

1. May 15

   NAV update

   24h Move

   +0.8%

   Reported estimated unaudited NAV of $21.17 per share for April 2026.

2. May 12

   Monthly distribution

   24h Move

   -0.1%

   Announced $0.15 per-share monthly cash distribution for May 2026.

3. Apr 24

   NAV update

   24h Move

   +0.4%

   Estimated unaudited NAV of $21.12 per share as of March 31, 2026.

4. Apr 13

   Monthly distribution

   24h Move

   +1.1%

   Declared $0.15 per-share monthly distribution for April 2026.

5. Mar 25

   NAV update

   24h Move

   -0.9%

   Reported estimated unaudited NAV of $21.18 per share for February 2026.

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 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, June 12, 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 June 2026. The total distribution of $0.15 per share will be payable on June 30, 2026, to shareholders of record on June 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. “In addition, we are very pleased to announce net income for Q1 2026 was $0.52 per share based on average shares outstanding during the quarter or based on shares outstanding at quarter end was $0.46 per share, exceeding the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income.” 

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 dividend did ArrowMark Financial (BANX) declare for June 2026?

ArrowMark Financial declared a monthly cash distribution of $0.15 per share for June 2026. According to ArrowMark Financial, this June distribution will be paid on June 30, 2026 to shareholders of record as of June 23, 2026.

When is the record date and payment date for BANX’s June 2026 dividend?

The June 2026 BANX dividend is payable on June 30, 2026 to shareholders of record on June 23, 2026. According to ArrowMark Financial, the monthly cash distribution amount for June 2026 is set at $0.15 per share.

How did ArrowMark Financial’s Q1 2026 net income compare to its distribution?

ArrowMark Financial’s Q1 2026 net income per share exceeded its quarterly distribution. According to ArrowMark Financial, net income was $0.52 per share on average shares and $0.46 per share on quarter-end shares versus a $0.45 quarterly distribution.

Has ArrowMark Financial (BANX) been covering its distributions in recent years?

ArrowMark Financial reports it has consistently over-earned its distribution rate. According to ArrowMark Financial, the fund has over-earned its quarterly distribution for the past four years, supporting its objective of providing shareholders with consistent income.

What does the June 2026 $0.15 BANX distribution mean for income-focused investors?

The June 2026 $0.15 BANX distribution provides ongoing monthly cash income to shareholders. According to ArrowMark Financial, Q1 2026 net income per share exceeded the quarterly distribution, and the fund indicates it has over-earned its distribution rate over the past four years.