DENVER, March 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 February 29, 2024, was $21.50. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended February 29, 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 t ...

DENVER, March 06, 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 first quarter 2024. The total distribution of $0.45 per share will be payable on March 28, 2024 to shareholders of record on March 21, 2024. "We are very pleased to announce the net income for Q4 2023 was $0.67 per share, w ...

Olivier Le Moal In this monthly article, we try to identify five closed-end funds ("CEFs") that have a solid historical performance, pay high enough distributions, and offer reasonable valuations at the current time. We also present a more diversified list of the top 10 funds. Author's Note: This article is part of our monthly series that tries to discover the five best buys in the CEF arena at that point in time. Certain parts of the introduction, definitions, and sections describing selection criteria ...

pixeldigits Looking for a niche high-yield investment in the financial sector? ArrowMark Financial Corp. (NASDAQ:BANX) has been one of our core holdings since the inception of our portfolio, when it was known as StoneCastle Financial Corp. It's a closed-end fund covering two unique niches - US community banks and regulatory capital securities. Community banks have long been considered the safest sub-sector of the US banking system, but a niche which isn't readily available to retail investors, other than so ...

Dragon Claws Written by Nick Ackerman, co-produced by Stanford Chemist. Closed-end funds are often an area where investors can put capital to work when they are searching for income. Often, higher yields can be achieved through utilizing leverage or simply a fund paying out more than it can really generate consistently. CEFs can and often pay out distributions in excess of their net investment income - that generally isn't a problem for equity funds as the assumption there is that capital appreciation can t ...

DENVER, Jan. 16, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of December 31, 2023, was $21.43. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended December 31, 2023. We advise you that our audited NAV for December 31, 2023, will be released once we complete our annual report and may differ materially from this estimated NAV. A ...

ArrowMark Financial Corp (NASDAQ:BANX) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Julie Muraco - Investor Relations Sanjai Bhonsle - Chairman & Chief Executive Officer Dana Staggs - President Patrick Farrell - Chief Financial Officer Conference Call Participants Operator Welcome to the ArrowMark Financial Corp. Q3 2022 Investor Conference Call. Now I would like to turn the call over to Julie Muraco, Investor Relations of ArrowMark Financial Corp. Julie Muraco Before we ...

ArrowMark Financial Corp (NASDAQ:BANX) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Julie Muraco – Investor Relations Sanjai Bhonsle – Chief Executive Officer Dana Staggs – President Pat Farrell – Chief Financial Officer Conference Call Participants Operator Welcome to the ArrowMark Financial Corp. Q2 2022 Investor Call. As a reminder, this call is being recorded. Now I would like to turn the call over to Julie Muraco, Investor Relations of ArrowMark Financial Corp. Julie ...

ArrowMark Financial Corp. (NASDAQ:BANX) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Julie Muraco - IR Sanjai Bhonsle - CEO & Chairman Patrick Farrell - CFO Conference Call Participants Operator Welcome to the ArrowMark Financial Corp. Q1 2022 Investor Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to Julie Muraco, Investor Relations f ...

ArrowMark Financial Corp. (NASDAQ:BANX) Q4 2021 Earnings Conference Call February 28, 2022 5:00 PM ET Company Participants Julie Muraco - IR Sanjai Bhonsle - CEO & Chairman Patrick Farrell - CFO Operator Greetings. Welcome to ArrowMark Financial Corp. Fourth Quarter 2021 Investor Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions]. Please note, this conference is being recorded. I will now turn the conference over to Julie Muraco, Investor Relations of ArrowMar ...