Welcome to our dedicated page for ArrowMark Financial news (Ticker: BANX), a resource for investors and traders seeking the latest updates and insights on ArrowMark Financial stock.
ArrowMark Financial Corp. reports news as an SEC-registered, non-diversified closed-end management investment company listed on Nasdaq under BANX. The fund seeks current income by investing primarily in regulatory capital securities of financial institutions and is managed by ArrowMark Asset Management, LLC.
Recurring company updates focus on cash distributions, periodic results, net asset value references, and capital actions involving common shares. News also covers rights offerings, registered direct offerings, and the fund’s use of offering proceeds within its stated investment objective and policies.
ArrowMark Financial (NASDAQ: BANX) reported an estimated and unaudited Net Asset Value (NAV) of $21.98 as of January 31, 2026. This figure is an estimate and is not a comprehensive statement of the company's financial condition or results for the month ended January 31, 2026.
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.
ArrowMark Financial (NASDAQ: BANX) reported an estimated, unaudited Net Asset Value (NAV) of $21.96 per share as of December 31, 2025. The company noted this is an estimate and not a comprehensive statement of its financial condition or results for the month ended December 31, 2025.
ArrowMark Financial Corp (NASDAQ: BANX) announced a transferable rights offering intended to raise assets for investment, with a record date currently expected to be January 22, 2026 and an anticipated expiration date of February 18, 2026. Record Date shareholders will receive one Right per Common Share and may subscribe for one new Common Share for every three Rights held (1 for 3); holders of fewer than three shares may subscribe for one share.
The Subscription Price will equal 92.5% of the 5-day average of closing prices on the Expiration Date (with a 90% NAV floor). Rights are expected to trade as BANX RT on NASDAQ. The Fund said proceeds will be invested primarily in regulatory capital relief securities and that Offer expenses will be borne indirectly by shareholders.
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.
ArrowMark Financial Corp (Nasdaq: BANX) announced a registered direct offering of 673,249 common shares at a purchase price of $22.28 per share, for expected gross proceeds of $14,999,987.72.
The Fund reported a NAV of $22.20 at the time of the transaction and described the offering as accretive to current shareholders. The shares are being offered under a shelf registration (File No. 333-281004) originally filed July 24, 2024 and declared effective February 18, 2025; a prospectus supplement will be filed with the SEC.
ArrowMark Financial Corp. (NASDAQ: BANX) announced an estimated, unaudited Net Asset Value (NAV) of $22.60 as of November 30, 2025. The company cautioned this estimate is not a comprehensive statement of its financial condition or results for the month ended November 30, 2025.
ArrowMark Financial (Nasdaq: BANX) announced its Board approved a change in the Fund’s cash distribution frequency from quarterly to monthly, effective with the January distribution.
The company said the move reflects the Fund’s income-generating profile and is intended to align with its objective of delivering consistent income while preserving capital and generating attractive risk-adjusted returns for shareholders.
ArrowMark Financial (Nasdaq: BANX) declared a special cash distribution of $0.10 per share from excess income and a regular Q4 2025 distribution of $0.45 per share.
The regular distribution is payable on Jan 5, 2026 to shareholders of record on Dec 26, 2025. The special distribution is payable on Jan 30, 2026 to shareholders of record on Jan 22, 2026.
The company reported Q3 2025 net income of $0.61 per share, which the company notes is above the declared quarterly distribution, and stated the fund has consistently over-earned its quarterly distribution rate over the past four years.
ArrowMark Financial (NASDAQ: BANX) announced an estimated and unaudited Net Asset Value (NAV) of $22.41 per share as of October 31, 2025. The company cautioned this figure is an estimate and is not a comprehensive statement of its financial condition or results for the month ended October 31, 2025.