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) 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.
ArrowMark Financial (NASDAQ: BANX) reported an estimated, unaudited Net Asset Value (NAV) of $22.40 as of September 30, 2025. The company noted this figure is an estimate and not a comprehensive statement of its financial condition or results for the month ended September 30, 2025.
ArrowMark Financial Corp. (NASDAQ: BANX) has appointed Melissa Marano Thompson as a Class II Director to its Board of Directors. Thompson, who will serve until the 2027 annual meeting, joins as an independent director and will serve on both the Audit Committee and Nominating and Governance Committee.
Thompson brings over 30 years of experience in leveraged finance and private equity. Her impressive career includes roles as portfolio manager at Ivy Hill Asset Management, Managing Director at Oaktree Capital Management, and Senior Portfolio Manager at GSO Capital Partners, where she managed $4.5 billion in assets. She holds both a BBA and MBA in finance from Hofstra University.
ArrowMark Financial Corp. (NASDAQ:BANX) has announced a special cash distribution of $0.40 per share and a regular quarterly distribution of $0.45 per share for Q3 2025. The company reported strong Q2 2025 performance with net income of $0.57 per share, significantly exceeding its quarterly distribution rate.
The regular quarterly distribution will be paid on September 29, 2025 to shareholders of record on September 22, 2025, while the special distribution is scheduled for December 10, 2025 to shareholders of record on December 3, 2025. The company highlighted its consistent track record of over-earning its declared quarterly distribution rate over the past four years.
ArrowMark Financial Corp. (NASDAQ: BANX) has reported its estimated and unaudited Net Asset Value (NAV) of $22.68 as of August 31, 2025. The company emphasizes that this NAV figure is preliminary and should not be considered a complete representation of their financial condition or monthly results.