StockNews.AI
BANX
StockNews.AI
216 days

ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2024

1. BANX's estimated NAV as of December 31, 2024, is $21.80. 2. NAV reporting is unaudited and may not reflect true financial condition. 3. ArrowMark Financial focuses on regulatory capital securities for income generation. 4. Potential risks include market, credit, and liquidity risks. 5. Shares may trade at premiums or discounts to NAV.

4m saved
Insight
Article

FAQ

Why Neutral?

NAV updates can influence price but are unaudited and uncertain.

How important is it?

NAV announcements are significant but lack comprehensive data.

Why Short Term?

Immediate price sensitivity may occur due to market interpretation of NAV.

Related Companies

BANX
January 15, 2025 14:30 ET  | Source: ArrowMark Financial Corp. DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of December 31, 2024, was $21.80. This estimated NAV is not a comprehensive statement of our financial condition or results for the month December 31, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra at 877.855.3434 or by email at BANX@destracapital.com. Disclaimer and Risk Factors:There is no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, market at a discount from net asset value risk and market disruption risk. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Shares of ArrowMark Financial may not be appropriate for all investors. Investors should review and consider carefully ArrowMark Financial's investment objective, risks, charges and expenses. Past performance does not guarantee future results. The Annual Report, Semi-Annual Report and other regulatory filings of the Company with the SEC are accessible on the SEC's website at www.sec.gov and on the BANX’s website at ir.arrowmarkfinancialcorp.com. Contact:BANX@destracapital.com

Related News