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ArrowMark Financial (BANX) Stock News

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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.

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ArrowMark Financial Corp. (NASDAQ: BANX) has released its estimated and unaudited Net Asset Value (NAV) for July 31, 2024. The company announced that the estimated NAV stood at $21.75 per share. This information was made public on August 14, 2024, from the company's headquarters in Denver.

It's important to note that this estimated NAV is not a complete representation of ArrowMark Financial's financial condition or results for the month ending July 31, 2024. The company emphasizes that this figure is an estimate and has not been audited. Investors and analysts should consider this information as a snapshot of the company's perceived value at that specific point in time.

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ArrowMark Financial Corp. (NASDAQ: BANX) has announced its estimated and unaudited Net Asset Value (NAV) as of June 30, 2024. The NAV stands at $21.58 per share. It is important to note that this figure does not represent a complete financial statement or the final results for the month of June 2024. ArrowMark Financial made this announcement on July 11, 2024.

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ArrowMark Financial Corp. (NASDAQ: BANX) announced its estimated and unaudited Net Asset Value (NAV) for May 31, 2024, at $21.76 per share. This evaluation is not a full financial statement or a complete reflection of the company's financial status for the month.

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ArrowMark Financial Corp. (Nasdaq: BANX) announced its Q1 2024 results and a cash distribution of $0.45 per share for Q2 2024. The distribution will be paid on June 28, 2024, to shareholders on record by June 24, 2024. Net income for Q1 2024 was $0.70 per share, exceeding the distribution. Over the past four years, ArrowMark Financial has consistently over-earned its quarterly distribution, providing steady income to shareholders, as highlighted by Chairman & CEO Sanjai Bhonsle.

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ArrowMark Financial Corp. (NASDAQ: BANX) announced its estimated and unaudited Net Asset Value (NAV) for April 2024. As of April 30, 2024, the NAV stood at $21.49.

This figure provides a snapshot of the company's financial health but does not represent a complete financial statement for the month. Investors should consider this value as an estimate and not a final, audited figure.

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FAQ

What is the current stock price of ArrowMark Financial (BANX)?

The current stock price of ArrowMark Financial (BANX) is $19.72 as of July 2, 2026.

What is the market cap of ArrowMark Financial (BANX)?

The market cap of ArrowMark Financial (BANX) is approximately 189.4M.