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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
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The Small Biotech Scaring Big Pharma (Ad)
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The Small Biotech Scaring Big Pharma (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The Small Biotech Scaring Big Pharma (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The Small Biotech Scaring Big Pharma (Ad)
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Could trawler cams help save world's dwindling fish stocks?
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Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
The Small Biotech Scaring Big Pharma (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
The Small Biotech Scaring Big Pharma (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
The Small Biotech Scaring Big Pharma (Ad)
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
NASDAQ:BANX

ArrowMark Financial - BANX Stock Forecast, Price & News

$17.36
+0.16 (+0.93%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$17.25
$17.47
50-Day Range
$16.49
$17.82
52-Week Range
$16.32
$24.19
Volume
6,413 shs
Average Volume
13,678 shs
Market Capitalization
$123.24 million
P/E Ratio
32.76
Dividend Yield
9.07%
Price Target
N/A
BANX stock logo

About ArrowMark Financial (NASDAQ:BANX) Stock

StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across the banking sector. It invests in dividend paying growth and value stocks of companies. For its fixed income portion, the fund invests in subordinated debt securities which are rated BBB- or better by Kroll Ratings. The fund employs fundamental analysis with bottom-up security picking approach by focusing on factors such as review of historical and prospective financial information, interviews with management and key employees of the prospective bank, financial models and projections, changes in interest rates, changes in unemployment rates, changes in home prices, changes in economic activity to create its portfolio. It employs proprietary research to create its portfolio. StoneCastle Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

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BANX Stock News Headlines

ArrowMark Financial Corp. (BANX)
ArrowMark Financial Corp
ArrowMark Financial Corp BANX
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ArrowMark Financial April NAV down M/M
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BANX Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 9/29 Dividend
9/21/2022
Dividend Payable
9/29/2022
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/27/2023

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:BANX
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$12.63 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$17.36 million

Miscellaneous

Free Float
7,061,000
Market Cap
$123.24 million
Optionable
Not Optionable
Beta
0.55

Key Executives

  • Mr. Sanjai Suryaji Bhonsle (Age 52)
    CEO & Chairman
  • Mr. Dana Staggs
    Pres
  • Mr. Patrick Joseph Farrell (Age 62)
    Chief Financial Officer
  • Ms. Julie Muraco
    Investor Relations
  • Ms. Rachel Nachas Schatten J.D. (Age 51)
    Gen. Counsel
  • Mr. Richard A. Grove (Age 52)
    Chief Compliance Officer
  • Mr. Blake Rice (Age 44)
    Sec.
  • Ms. Kelsey Auble (Age 31)
    Controller













BANX Stock - Frequently Asked Questions

How have BANX shares performed in 2022?

ArrowMark Financial's stock was trading at $21.97 at the beginning of 2022. Since then, BANX stock has decreased by 21.0% and is now trading at $17.36.
View the best growth stocks for 2022 here
.

Are investors shorting ArrowMark Financial?

ArrowMark Financial saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 7,500 shares, an increase of 581.8% from the October 31st total of 1,100 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is currently 0.4 days.
View ArrowMark Financial's Short Interest
.

When is ArrowMark Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our BANX earnings forecast
.

How were ArrowMark Financial's earnings last quarter?

ArrowMark Financial Corp. (NASDAQ:BANX) issued its quarterly earnings data on Wednesday, November, 10th. The investment management company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by $0.02. The investment management company had revenue of $4.44 million for the quarter.

How often does ArrowMark Financial pay dividends? What is the dividend yield for ArrowMark Financial?

ArrowMark Financial declared a quarterly dividend on Monday, September 12th. Investors of record on Thursday, September 22nd will be given a dividend of $0.39 per share on Thursday, September 29th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.99%. The ex-dividend date is Wednesday, September 21st.
Read our dividend analysis for BANX
.

Is ArrowMark Financial a good dividend stock?

ArrowMark Financial (NASDAQ:BANX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 9.07%. BANX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 294.35%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BANX.

What other stocks do shareholders of ArrowMark Financial own?
What is ArrowMark Financial's stock symbol?

ArrowMark Financial trades on the NASDAQ under the ticker symbol "BANX."

Who are ArrowMark Financial's major shareholders?

ArrowMark Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (2.02%), United Capital Financial Advisers LLC (0.54%), Oxbow Advisors LLC (0.54%), Raymond James & Associates (0.48%), Capital Investment Advisors LLC (0.20%) and Magnus Financial Group LLC (0.14%). Insiders that own company stock include Guy M Arnold, John Scott Emrich, Karen Reidy, Michael Stolper, Patrick Joseph Farrell, Praag Michael Van, Richard Allen Grove, S David Lentinello and Sanjai Bhonsle.
View institutional ownership trends
.

How do I buy shares of ArrowMark Financial?

Shares of BANX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ArrowMark Financial's stock price today?

One share of BANX stock can currently be purchased for approximately $17.36.

How much money does ArrowMark Financial make?

ArrowMark Financial (NASDAQ:BANX) has a market capitalization of $123.24 million and generates $17.36 million in revenue each year. The investment management company earns $12.63 million in net income (profit) each year or $0.53 on an earnings per share basis.

How can I contact ArrowMark Financial?

ArrowMark Financial's mailing address is 152 WEST 57TH STREET 35TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.stonecastle-financial.com. The investment management company can be reached via phone at 212-354-6500 or via email at jmuraco@stonecastle.com.

This page (NASDAQ:BANX) was last updated on 12/8/2022 by MarketBeat.com Staff