BANX
ArrowMark Financial Corp.22.21
+0.10+0.45%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
158.37MP/E (TTM)
8.11Basic EPS (TTM)
2.74Dividend Yield
0.08%Recent Filings
8-K
8-K
Nasdaq compliance breach after director death
ArrowMark Financial Corp. fell out of compliance with Nasdaq's audit committee rules after independent director Michael Stolper's death on March 21, 2025, leaving just two independents. Nasdaq granted a cure period until the earlier of the next annual meeting or March 21, 2026—or September 17, 2025, if sooner. The board hunts a replacement. Compliance slips can rattle investors.
8-K
Q3 income up, NAV slips
ArrowMark Financial reported Q3 net investment income of $3.3 million ($0.46 per share), but net assets dipped to $147.3 million with NAV at $20.74 per share, down $0.20 from Q2 amid a $1.9 million realized and unrealized loss. The portfolio yield climbed to 11.85%, fueled by $17.9 million in new bank-related investments offset by $14.9 million in sales and paydowns. Leverage stayed low at 29% of assets. Yield rose sharply.
8-K
Q2 income up, NAV down
ArrowMark Financial Corp. reported Q2 net investment income of $3.0 million, or $0.43 per share, but posted a net realized and unrealized loss of $0.54 per share, driving net asset value to $20.94, down from $21.44. The portfolio yield climbed to 10.11%, fueled by $23.8 million in new bank-related investments, offset by $14.8 million in proceeds from sales and paydowns. Leverage stayed low at 26% of assets. Yield rose despite NAV dip.
8-K
NAV dips; new President named
ArrowMark Financial Corp. reported its estimated May 2022 net asset value at $21.34 per share, a slight $0.02 decline from April. The company appointed Dana Staggs as President effective June 9, 2022, bringing his 27 years of leadership experience from ArrowMark Partners, Goldman Sachs, and the U.S. Navy. This move bolsters the management team amid ongoing portfolio management. Shares trade at a discount to NAV, exposing investors to market volatility.
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