NASDAQ : BANX
$0 (0.0%)
NASDAQ
Sanjai Suryaji Bhonsle
Asset Management
Financial Services
BANX
0
US
USD
0.15
0.00
0.00
0.00
0.98
$17.37M
9.04
0.91
14.44
1.39
$2.29
$17.89M
102.99%
102.99%
10.84%
8.78%
8.34
0.08
0.08
4/5
8 Analysts
%
About ArrowMark Financial Corp. (NASDAQ:BANX) Stock
StoneCastle Financial Corp., a closed-end mutual fund managed by StoneCastle Asset Management LLC, implements a diversified investment approach. Its equity holdings are primarily concentrated in publicly traded companies within the U.S. banking industry, specifically including dividend-paying growth and value stocks. As for its fixed-income allocation, the fund invests in subordinated debt securities that maintain a Kroll Ratings assessment of BBB- or higher. The fund builds its portfolio through a meticulous bottom-up, fundamental analysis strategy. This process involves a comprehensive review of past and future financial data, direct interviews with the management and essential personnel of potential banking investments, and the development of detailed financial models and projections. F ... urthermore, the fund carefully monitors broader economic indicators, such as changes in interest rates, unemployment rates, home prices, and overall economic activity. Proprietary research also plays a crucial role in shaping its investment choices. StoneCastle Financial Corp. was established on February 7, 2013, and is domiciled in the United States.
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of June 2026
2026-07-15 17:00:00
DENVER, July 15, 2026 (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, 2026, was $21.00.
ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for July 2026
2026-07-14 17:00:00
DENVER, July 14, 2026 (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 monthly cash distribution of $0. 15 per share for July 2026. The total distribution of $0. 15 per share will be payable on July 31, 2026, to shareholders of record on July 24, 2026.
ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for July 2026
2026-07-14 17:00:00
DENVER, July 14, 2026 (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 monthly cash distribution of $0.15 per share for July 2026. The total distribution of $0.15 per share will be payable on July 31, 2026, to shareholders of record on July 24, 2026.
ArrowMark Financial Corp. Announces Officer Changes
2026-06-30 17:00:00
DENVER, June 30, 2026 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Fund"), an SEC-registered closed-end management investment company, today announced the appointment of Katie Jones as Chief Financial Officer of the Fund, effective immediately. Pat Farrell, who previously served as Chief Financial Officer, retired from the Fund. ArrowMark Financial also announced that Dana Staggs, President of the Fund will depart, both are effective August 2, 2026. Both have been tremendous contributors to the Fund, and the team is grateful for their many years of dedicated service.
10 Best CEFs This Month: Average Yield Of Near 10% (June 2026)
2026-06-27 08:15:00
The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 9.8% plus yield and nearly 7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of May 2026
2026-06-22 17:00:00
DENVER, June 22, 2026 (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, 2026, was $21.10.
ArrowMark Financial Corp. Announces Monthly Cash Distribution of $0.15 per Share for June 2026
2026-06-12 05:00:00
DENVER, June 12, 2026 (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 monthly cash distribution of $0.15 per share for June 2026. The total distribution of $0.15 per share will be payable on June 30, 2026, to shareholders of record on June 23, 2026.
BANX: 9%+ Distribution Yield With Monthly Pay (Upgrade)
2026-05-27 10:43:35
ArrowMark Financial offers unique exposure to regulatory capital relief securities, delivering attractive, high-yielding, and floating-rate exposure. A rights offering earlier this year pressured BANX's share price, widening its discount to NAV and creating a tactical opportunity for investors to sell pre-RO and repurchase post-RO. Since the RO, the price has remained under pressure, which helps to provide an attractive entry price.
Frequently Asked Questions
What is the current ArrowMark Financial Corp. (BANX) stock price?
ArrowMark Financial Corp.(NASDAQ:BANX) stock price is $20.09 in the last trading session. During the trading session, BANX stock reached the peak price of $23.67 while $18.45 was the lowest point it dropped to. The percentage change in BANX stock occurred in the recent session was 0.0% while the dollar amount for the price change in BANX stock was $0.
BANX's industry and sector of operation?
The NASDAQ listed BANX is part of Asset Management industry that operates in the broader Financial Services sector.
Who are the executives of BANX?
Blake Rice
| Secretary
Sanjai Suryaji Bhonsle
| Chairman & Chief Executive Officer
Katherine Jones
| CFO & Controller
Dana Staggs
| President
Richard A. Grove
| Chief Compliance Officer
How many employees does BANX have?
Number of BANX employees currently stands at 0. BANX operates from 152 West 57th Street, New York City, NY 10019, US.
Link for BANX official website?
Official Website of BANX is: https://ir.arrowmarkfinancialcorp.com
How do I contact BANX?
BANX could be contacted at phone #13033982929 and can also be accessed through its website. BANX operates from 152 West 57th Street, New York City, NY 10019, US.
How many shares of BANX are traded daily?
The average number of BANX shares traded daily for last 3 months was 36.58K.
What is the market cap of BANX currently?
The market value of BANX currently stands at $156.93M with its latest stock price at $20.09