DENVER, Nov. 19, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of October 31, 2024, was $22.02. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 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 "BANX." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial

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 the symbol "BANX." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financ

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 symbol "BANX." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial i

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 in excess of the quarterly distribution amount of $0.45 per share. Through June 30th, collateral underlying the Fund's holdings outperformed aggregate expectations formed through our in

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 symbol "BANX." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financia

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." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial instit

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 "BANX." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institut

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, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed th

DENVER, May 13, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of April 30, 2024, was $21.49. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended April 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." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial insti

DENVER, April 15, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of March 28, 2024, was $21.24. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended March 28, 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." Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial ins

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

4 - ArrowMark Financial Corp. (0001578987) (Issuer)

DENVER, Feb. 03, 2023 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), today announced that the Company's estimated and unaudited Net Asset Value ("NAV") as of December 31, 2022, was $20.79. This NAV reflects the regular fourth quarter dividend of $0.39 per share plus the special dividend of $0.10 per share. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended December 31, 2022. We advise you that our audited NAV for December 31, 2022, will be released as part of our normal quarterly earnings process and may differ materially from this estimated NAV. About ArrowMark Financial Co

DENVER, Dec. 16, 2022 (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 cash distribution of $0.39 per share for the fourth quarter 2022. The total distribution of $0.49 per share will be payable on January 5, 2023 to shareholders of record on December 29, 2022. "This special distribution reflects the Company's relatively stable Net Asset Value and its ability to generate income in excess of our regular quarterly dividends during 202

DENVER, Nov. 09, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), an investment company registered with the Securities and Exchange Commission ("SEC"), today announced results for the third fiscal quarter ended September 30, 2022. Third Quarter 2022 Investment Highlights: Invested approximately $17.9 million in four investmentsRealized proceeds of approximately $10.4 million from the sale of three investmentsRealized proceeds from partial paydowns of $4.5 million from seven investments A complete listing of investments as of the end of the quarter can be found on the Company's website at ir.arrowmarkfinancialcorp.com, under SEC f

DENVER, Oct. 14, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), today announced that the Company's September 30, 2022, estimated and unaudited Net Asset Value ("NAV") was $20.74 per share. This NAV reflects the regular third quarter cash dividend of $0.39 per share, paid on September 29, 2022. ArrowMark Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Wednesday, November 9, 2022, to report on the Company's financial results and investment performance and provide its current market views on bank-related assets. The call will be hosted by Sanjai Bhonsle, Ch

DENVER, Aug. 04, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), an investment company registered with the Securities and Exchange Commission ("SEC"), today announced results for the second fiscal quarter ended June 30, 2022. Second Quarter 2022 Investment Highlights: Invested approximately $23.8 million in four investmentsRealized proceeds of approximately $4.6 million from the sale of one investmentRealized proceeds of approximately $6.3 million from the full call of one investmentRealized proceeds from partial paydowns of $3.9 million from seven investments A complete listing of investments as of the e

DENVER, July 13, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), today announced that the Company's June 30, 2022, estimated and unaudited Net Asset Value ("NAV") was $20.94 per share. This NAV reflects the regular second quarter cash dividend of $0.39 per share, paid on June 29, 2022. ArrowMark Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Thursday, August 4, 2022, to report on the Company's financial results and investment performance and provide its current market views on bank-related assets. The call will be hosted by Sanjai Bhonsle, Chairman and Chi

DENVER, May 12, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), an investment company registered with the Securities and Exchange Commission ("SEC"), today announced results for the first fiscal quarter ended March 31, 2022. First Quarter 2022 Investment Highlights: Invested approximately $6.0 million in one investmentRealized proceeds of approximately $13.2 million from full calls in four investmentsRealized proceeds from partial paydowns of $4.0 million from five investments A complete listing of investments as of the end of the quarter can be found on the Company's website at ir.arrowmarkfinancialcorp.com, under SEC filings.

DENVER, April 21, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), today announced that the Company's March 31, 2022, estimated and unaudited Net Asset Value ("NAV") was $21.44. ArrowMark Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Thursday, May 12, 2022, to report on the Company's financial results and investment performance and provide its current market views on bank-related assets. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer and Patrick Farrell, Chief Financial Officer. The conference call will be accessible by te

DENVER, March 03, 2022 (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 increased the quarterly cash distribution to $0.39 per share from $0.38 per share, a $0.01 increase for the first quarter of 2022. The distribution will be payable on March 28, 2022 to shareholders of record on March 21, 2021. "We are pleased to offer our shareholders a dividend increase this quarter. We believe, the dividend increase reflects the Company's ability to consistently over-earn it's declared quarterly dividend rate. ArrowMark Financial is committed to

DENVER, Feb. 28, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (NASDAQ:BANX) ("ArrowMark Financial" or the "Company"), an investment company registered with the Securities and Exchange Commission ("SEC"), today announced results for the fourth fiscal quarter ended December 31, 2021. Fourth Quarter 2021 Investment Highlights: Invested approximately $22.5 million in five investmentsRealized proceeds of approximately $5.0 million from a full call in one investmentRealized proceeds of approximately $5.0 million from the partial sale of one investmentRealized proceeds from paydowns and partial paydowns of $4.1 million from nine investments A complete listing of investments as of t

- SEC Filing

ArrowMark Financial (NASDAQ:BANX) reported quarterly earnings of $0.67 per share. This is a 26.42 percent increase over earnings of $0.53 per share from the same period last year.

Wednesday marks the last chance for investors to receive the next dividend payout from ArrowMark Financial (NASDAQ:BANX). What's Happening The company announced on Monday that it would pay shareholders a quarterly dividend of 45 cents per share. On Thursday, ArrowMark Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 45 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own BANX as of the end of Wednesday's session are eligible to receive the 45

"We are very pleased to announce that net income for the quarter ending March 31, 2023 was $0.62 per share, well in excess of the quarterly distribution rate of $0.39 per share. Once again, the Fund continues to consistently over-earn its quarterly distribution rate. ArrowMark Financial is committed to maximizing total risk-adjusted returns, generating long-term value and consistent distributions for our shareholders," said Chairman & CEO Sanjai Bhonsle.

  On Thursday, 498 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Pfizer (NYSE:PFE) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was NovaBay Pharmaceuticals (AMEX:NBY). Mullen Automotive (NASDAQ:MULN)'s stock traded down the lowest, falling 2028.33% to reach a new 52-week low. Innoviz Technologies (NASDAQ:INVZ) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) stock drifted down 0.18% on Thursday morning to hit a new 52-week low of $38.02. C

  On Friday, 469 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Bank of America (NYSE:BAC). TC BioPharm (Holdings) (NASDAQ:TCBP) was the smallest firm by market cap to set a new 52-week low. Silvergate Capital (NYSE:SI) made the largest move down on the session, with shares plummeting 74.5% to reach its 52-week low. BlackRock TCP Cap (NASDAQ:TCPC) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. On Friday, the following stocks hit new 52-week lows: Bank of America (NYSE:BAC) stock hit a yearly low of $26.32. The stock was down 2.21% fo

ArrowMark Financial Corp., (NASDAQ:BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value ("NAV") as of January 31, 2023, was $20.91.   This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended January 31, 2023.

Tuesday marks the last chance for investors to receive the next dividend payout from StoneCastle Financial (NASDAQ:BANX). What's Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 39 cents per share. On Wednesday, StoneCastle Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own BANX as of the end of Tuesday's session are eligible to receive the 3

ArrowMark Financial (NASDAQ:BANX) reported quarterly net investment income of $0.46 per share. This is a 15 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly total investment income of $5.35 million which beat the analyst consensus estimate of $5.26 million by 1.71 percent. This is a 20.58 percent increase over sales of $4.44 million the same period last year.

Companies Reporting Before The Bell • GCM Grosvenor (NASDAQ:GCMG) is likely to report quarterly earnings at $0.11 per share on revenue of $103.46 million. • Terran Orbital (NYSE:LLAP) is likely to report quarterly loss at $0.22 per share on revenue of $26.47 million. • Maiden Hldgs (NASDAQ:MHLD) is projected to report earnings for its third quarter. • Xeris Biopharma Holdings (NASDAQ:XERS) is estimated to report quarterly loss at $0.16 per share on revenue of $29.12 million. • Mirum Pharmaceuticals (NASDAQ:MIRM) is estimated to report quarterly loss at $1.07 per share on revenue of $20.81 million. • Olaplex Hldgs (NASDAQ:OLPX) is expected to report quarterly earnings at $0.10 per share