NASDAQ:BANX

ArrowMark Financial (BANX) Stock Price, News & Analysis

$18.21
+0.01 (+0.05%)
(As of 05/10/2024 08:54 PM ET)
Today's Range
$18.17
$18.51
50-Day Range
$18.07
$19.22
52-Week Range
$15.25
$19.50
Volume
17,100 shs
Average Volume
14,167 shs
Market Capitalization
$129.66 million
P/E Ratio
N/A
Dividend Yield
9.88%
Price Target
N/A
BANX stock logo

About ArrowMark Financial Stock (NASDAQ:BANX)

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.

BANX Stock Price History

BANX Stock News Headlines

BANX: Higher For Longer? No Problem
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
The Global Expansion of Black Banx
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
ArrowMark Financial Corp's Dividend Analysis
BANX: Diving Further Into This Fund
See More Headlines
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Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 3/28 Dividend
3/20/2024
Dividend Payable
3/28/2024
Today
5/12/2024
Next Earnings (Estimated)
6/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$17.36 million

Miscellaneous

Free Float
7,079,000
Market Cap
$129.66 million
Optionable
Optionable
Beta
0.45
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BANX Stock Analysis - Frequently Asked Questions

How have BANX shares performed in 2024?

ArrowMark Financial's stock was trading at $18.16 at the start of the year. Since then, BANX shares have increased by 0.3% and is now trading at $18.21.
View the best growth stocks for 2024 here
.

When is ArrowMark Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, June 7th 2024.
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 the consensus estimate 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 announced a quarterly dividend on Wednesday, March 6th. Investors of record on Thursday, March 21st will be paid a dividend of $0.45 per share on Thursday, March 28th. This represents a $1.80 annualized dividend and a yield of 9.88%. The ex-dividend date of this dividend is Wednesday, March 20th. This is a positive change from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for BANX
.

Is ArrowMark Financial a good dividend stock?

ArrowMark Financial (NASDAQ:BANX) pays an annual dividend of $1.80 per share and currently has a dividend yield of 9.88%. BANX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BANX.

What other stocks do shareholders of ArrowMark Financial own?
Who are ArrowMark Financial's major shareholders?

ArrowMark Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (3.22%), Oppenheimer & Co. Inc. (0.25%) and Oxbow Advisors LLC (0.16%). Insiders that own company stock include Dana Staggs, Guy M Arnold, John Scott Emrich, Karen Reidy, Michael Stolper, Patrick Joseph Farrell, Richard Allen Grove 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BANX) was last updated on 5/13/2024 by MarketBeat.com Staff

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