ArrowMark Financial (BANX)
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ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for January 2026
Globenewswire· 2026-01-09 22:30
Core Viewpoint - ArrowMark Financial Corp. has declared a monthly cash distribution of $0.15 per share for January 2026, marking the first monthly dividend since the transition from quarterly to monthly distributions in December 2025 [1][2]. Group 1: Company Overview - ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol "BANX" [3]. - The investment objective of the company is to provide shareholders with current income, primarily by investing in regulatory capital securities of financial institutions [3]. - ArrowMark Financial is managed by ArrowMark Asset Management, LLC [3]. Group 2: Dividend Announcement - The total distribution of $0.15 per share will be payable on January 30, 2026, to shareholders of record on January 21, 2026 [1]. - The transition to a monthly distribution schedule is aimed at providing shareholders with consistent income [2].
ArrowMark Financial Corp. Announces $14.9 Million Registered Direct Offering
Globenewswire· 2025-12-18 23:30
Core Viewpoint - ArrowMark Financial Corp. has entered into a securities purchase agreement to sell 673,249 shares of common stock at a price of $22.28 per share, which is slightly above the Net Asset Value of $22.20, indicating a positive impact for current shareholders [1]. Group 1: Offering Details - The registered direct offering is expected to generate proceeds of approximately $14.99 million, excluding legal and administrative expenses [2]. - The offering is conducted under a "shelf" registration statement filed with the SEC, allowing for the sale of securities through a prospectus [3]. Group 2: Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," with an investment objective focused on providing current income primarily through investments in regulatory capital securities of financial institutions [5].
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of November 2025
Globenewswire· 2025-12-17 22:30
DENVER, Dec. 17, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of November 30, 2025, was $22.60. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended November 30, 2025. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under t ...
ArrowMark Financial Corp. Announces Monthly Cash Distribution Schedule for 2026
Globenewswire· 2025-12-17 17:51
DENVER, Dec. 17, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, announced that its Board of Directors has approved a change in the Fund’s cash distribution frequency from quarterly to monthly, beginning with the January distribution. “We are pleased to announce the transition to a monthly distribution schedule,” said Chairman & CEO Sanjai Bhonsle, “This change reflects the Fund’s income-g ...
BANX: Continuing To Deliver Solid Results With ~8% Distribution Yield
Seeking Alpha· 2025-12-16 19:34
To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below!At the CEF/ETF Income Laboratory , we manage closed-end fund ("CEF") and exchange-traded fund ("ETF") portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service.ArrowMark Financial Corp. ( BANX ) has continued to perform well since our last update, when we were going through the April tariff announcement volatil ...
ArrowMark Financial Corp. Announces Q3 Results and Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2025
Globenewswire· 2025-12-15 11:00
DENVER, Dec. 15, 2025 (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 special cash distribution of $0.10 per share generated from excess income, and a regular quarterly cash distribution of $0.45 per share for the fourth quarter 2025. The quarterly distribution will be payable on January 5, 2026 to shareholders of record on December 26, ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2025
Globenewswire· 2025-11-18 22:30
Core Insights - ArrowMark Financial Corp. announced an estimated and unaudited Net Asset Value (NAV) of $22.41 as of October 31, 2025 [1] Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [2] - The investment objective of ArrowMark Financial is to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [2] - The fund is managed by ArrowMark Asset Management, LLC [2]
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
Yahoo Finance· 2025-11-03 13:30
Core Insights - Banco Inter and Chainlink have successfully conducted a blockchain-based pilot for real-time cross-border trade transactions using digital currencies and smart contracts [1][2] - The pilot is part of Brazil's Drex digital currency initiative, linking Brazil's Drex network with Hong Kong's Ensemble platform [2] - The project aims to create a more inclusive trade finance ecosystem by reducing costs and improving coordination across platforms [5] Group 1: Pilot Details - The pilot involved the Central Banks of Brazil and Hong Kong, enabling real-time settlement of transactions [1] - Chainlink's infrastructure facilitated the connection between Brazil's and Hong Kong's systems, allowing automated workflows for fund and asset record transfers [2] - The pilot tested delivery-versus-payment (DvP) and payment-versus-payment (PvP) models to minimize settlement risk [3] Group 2: Payment Mechanisms - The system supported conditional and installment-based payments, releasing funds upon confirmation of specific trade process stages [4] - Supporting organizations included Standard Chartered, GSBN, and 7COMm, with GSBN managing updates to the electronic bill of lading [4] Group 3: Future Plans - The partners intend to expand testing to include additional trade models and connect with more financial institutions [5]
Income-Covered Closed-End Fund Report, October 2025
Seeking Alpha· 2025-10-21 19:58
Core Insights - The service offers managed income portfolios targeting safe and reliable yields of approximately 8% through high-yield opportunities in closed-end funds (CEFs) and exchange-traded funds (ETFs) [2][3] - The majority of holdings in the CEF/ETF Income Laboratory are monthly-payers, which facilitates faster compounding and provides steady income streams for investors [3] - The service is designed for both active and passive investors of all experience levels, providing features such as 24/7 chat and trade alerts [3][4] Company Overview - The CEF/ETF Income Laboratory is led by a scientific researcher with a decade of experience in analyzing and generating profitable investments using CEFs and ETFs [4] - The service aims to simplify income investing by focusing on reliable yield opportunities, catering to a diverse range of investors [2][3]
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value As of September 2025
Globenewswire· 2025-10-17 21:30
Core Viewpoint - ArrowMark Financial Corp. announced an estimated and unaudited Net Asset Value (NAV) of $22.40 as of September 30, 2025 [1]. Company Overview - ArrowMark Financial Corp. is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [2]. - The investment objective of ArrowMark Financial is to provide shareholders with current income by primarily investing in regulatory capital securities of financial institutions [2]. - The fund is managed by ArrowMark Asset Management, LLC [2].