ArrowMark Financial (BANX)

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ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
GlobeNewswire News Room· 2024-12-04 22:32
Core Points - ArrowMark Financial Corp. has declared a special cash distribution of $0.20 per share and a regular cash distribution of $0.45 per share for Q4 2024, totaling $0.65 per share, payable on January 3, 2025 [1][2] - The company emphasizes its ability to consistently over-earn its declared quarterly distribution rate, focusing on capital preservation and income generation for shareholders [2] - ArrowMark Financial is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," primarily investing in regulatory capital securities of financial institutions [3]
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024
GlobeNewswire News Room· 2024-11-20 00:26
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] Financial Performance - As of October 31, 2024, ArrowMark Financial's estimated and unaudited Net Asset Value (NAV) was $22.02 [1]
2 Ultra-Cheap Big Yields For Passive Recurrent Income
Seeking Alpha· 2024-11-04 12:35
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BANX And PDX: Generating Attractive Distributions With Upside Potential
Seeking Alpha· 2024-10-28 16:16
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. Closed-end funds are generally viewed primarily as income-generating investments. Most funds pay out relatively hefty payouts, with funds frequently pum ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of September 2024
GlobeNewswire News Room· 2024-10-14 21:30
DENVER, Oct. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of September 30, 2024, was $21.73. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended September 30, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2024
GlobeNewswire News Room· 2024-09-17 21:30
DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of August 31, 2024, was $21.99. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended August 31, 2024. 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 ...
ArrowMark Financial Corp. Announces Q2 2024 Results and Cash Distribution of $0.45 per Share for the Third Quarter 2024
GlobeNewswire News Room· 2024-09-16 21:30
DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or the “Fund”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the third quarter 2024. The distribution of $0.45 per share will be payable on September 30, 2024 to shareholders of record on September 26, 2024. “We are very pleased to announce net income for Q2 2024 was $0.70 per share, well ...
Arrowmark Financial: Big Yield On Niche Assets
Seeking Alpha· 2024-08-18 13:15
olaserIf you're looking for a niche high-yield income investment in the financial sector, you may want to check out Arrowmark Financial (NASDAQ:BANX) Profile: BANX has been one of our core holdings since the inception of HDS+, when it was known as StoneCastle Financial Corp. It's a closed-end fund and initially covered a unique niche - investing in US community banks, long considered the safest sub-sector of the US banking system, but a niche which isn't readily available to retail investors, other than ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of July 2024
GlobeNewswire News Room· 2024-08-14 23:00
DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of July 31, 2024, was $21.75. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended July 31, 2024. 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 symbo ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of June 2024
Newsfilter· 2024-07-11 21:30
DENVER, July 11, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of June 30, 2024, was $21.58. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended June 30, 2024. 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 ...