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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
GlobeNewswire News Room· 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 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 ...
BANX: Producing Steady Cash Flow For Income Investors
Seeking Alpha· 2024-06-24 16:27
MicroStockHubWritten by Nick Ackerman, co-produced by Stanford Chemist. ArrowMark Financial Corp (NASDAQ:BANX) is one of the more interesting closed-end funds out there that are available to investors. The fund benefited significantly from the higher rate environment. While the next move is expected to be a rate cut and not a rate hike, even a few rate cuts won't leave this fund in a terrible position. Distribution coverage will remain strong unless we go back to a zero-rate environment, which is not ex ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of May 2024
GlobeNewswire News Room· 2024-06-18 21:30
DENVER, June 18, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of May 31, 2024, was $21.76. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 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 symbol ...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of May 2024
Newsfilter· 2024-06-18 21:30
DENVER, June 18, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of May 31, 2024, was $21.76. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended May 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 symbol " ...
ArrowMark Financial Corp. Announces Q1 2024 Results and Cash Distribution of $0.45 per Share for the Second Quarter 2024
Newsfilter· 2024-06-14 21:30
DENVER, June 14, 2024 (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 cash distribution of $0.45 per share for the second quarter 2024. The total distribution of $0.45 per share will be payable on June 28, 2024 to shareholders of record on June 24, 2024. "We are very pleased to announce the net income for Q1 2024 was $0.70 per share, wel ...