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NASDAQ:BANX

ArrowMark Financial - BANX Stock Forecast, Price & News

$18.29
+0.04 (+0.22%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$18.10
▼
$18.35
50-Day Range
$17.04
▼
$19.00
52-Week Range
$16.32
▼
$23.36
Volume
11,242 shs
Average Volume
11,829 shs
Market Capitalization
$129.84 million
P/E Ratio
34.51
Dividend Yield
8.46%
Price Target
N/A

ArrowMark Financial MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.09% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of ArrowMark Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$17,460 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Finance Sector

697th out of 891 stocks

Investment Advice Industry

38th out of 47 stocks

See Top Rated MarketRank™ Stocks Here

BANX stock logo

About ArrowMark Financial (NASDAQ:BANX) Stock

ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

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BANX Stock News Headlines

January 24, 2023 | americanbankingnews.com
PJT Partners (NYSE:PJT) vs. ArrowMark Financial (NASDAQ:BANX) Critical Survey
December 19, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of November 2022
January 30, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
December 16, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.39 per Share for Fourth Quarter 2022
November 21, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2022
November 9, 2022 | seekingalpha.com
ArrowMark Financial Corp (BANX) Q3 2022 Earnings Call Transcript
November 9, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Reports Third Quarter 2022 Results
November 8, 2022 | finanznachrichten.de
The Investor Summit: ArrowMark Financial Corp. to Present at Investor Summit Group's Q4 Conference
January 30, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
November 8, 2022 | finance.yahoo.com
ArrowMark Financial Corp. to Present at Investor Summit Group's Q4 Conference
October 14, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Estimated September 2022 Net Asset Value and Sets Date to Host the Third Fiscal Quarter 2022 Earnings Conference Call
September 21, 2022 | seekingalpha.com
ArrowMark Financial Corp: An Interesting Operation At A Deep Discount
September 13, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of August 2022
September 12, 2022 | finance.yahoo.com
ArrowMark Financial Corp. (BANX)
September 12, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Third Quarter 2022
August 25, 2022 | reuters.com
ArrowMark Financial Corp
August 18, 2022 | nasdaq.com
ArrowMark Financial Corp. Rings the Nasdaq Stock Market Closing Bell
August 18, 2022 | nasdaq.com
ArrowMark Financial Corp. Rings the Closing Bell
August 11, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Estimated July 2022 Net Asset Value and Announces Sanjai Bhonsle, Chairman & CEO, to Close the NASDAQ Stock Market on Tuesday, August 16th
August 4, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Reports Second Quarter 2022 Results
July 13, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Estimated June 2022 Net Asset Value and Sets Date to Host the Second Fiscal Quarter 2022 Earnings Conference Call
June 21, 2022 | morningstar.com
ArrowMark Financial Corp BANX
June 14, 2022 | seekingalpha.com
ArrowMark Financial estimates NAV, marginally down M/M; appoints President
June 14, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Estimated May 2022 Net Asset Value and Announces the Appointment of ArrowMark Financial Corp. President, Dana Staggs
June 9, 2022 | finance.yahoo.com
ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Second Quarter 2022
June 9, 2022 | investing.com
Arrowmark Financial Corp (BANX)
May 13, 2022 | seekingalpha.com
ArrowMark Financial Corp. (BANX) CEO Sanjai Bhonsle on Q1 2022 Results - Earnings Call Transcript
See More Headlines
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BANX Company Calendar

Last Earnings
11/09/2022
Ex-Dividend for 1/5 Dividend
12/28/2022
Dividend Payable
1/05/2023
Today
1/30/2023
Next Earnings (Estimated)
2/27/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:BANX
CUSIP
N/A
CIK
1578987
Web
www.stonecastle-financial.com
Phone
212-354-6500
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
$0.53
Trailing P/E Ratio
34.51
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$12.63 million
Net Margins
19.28%
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$7.20 million
Price / Sales
18.04
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
7,099,000
Free Float
7,061,000
Market Cap
$129.84 million
Optionable
Not Optionable
Beta
0.53

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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













BANX Stock - Frequently Asked Questions

How have BANX shares performed in 2023?

ArrowMark Financial's stock was trading at $17.04 at the start of the year. Since then, BANX stock has increased by 7.3% and is now trading at $18.29.
View the best growth stocks for 2023 here.

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, 9th. The investment management company reported $0.46 earnings per share (EPS) for the quarter. The investment management company earned $5.35 million during the quarter.

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

ArrowMark Financial announced a None dividend on Friday, December 16th. Shareholders of record on Thursday, December 29th will be given a dividend of $0.49 per share on Thursday, January 5th. This represents a dividend yield of 11.34%. The ex-dividend date of this dividend is Wednesday, December 28th.
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 8.46%. 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 294.34%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other ArrowMark Financial investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), C3.ai (AI), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), AT&T (T) and BP Prudhoe Bay Royalty Trust (BPT).

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 variety of institutional and retail investors. Top institutional investors include Capital Investment Advisors LLC (0.24%). Insiders that own company stock include Dana Staggs, 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 $18.29.

How much money does ArrowMark Financial make?

ArrowMark Financial (NASDAQ:BANX) has a market capitalization of $129.84 million and generates $7.20 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 1/30/2023 by MarketBeat.com Staff