ArrowMark Financial Corp. reported strong Q3 2024 results, outperforming distribution rate for shareholders

From GlobeNewswire: 2024-12-17 17:30:00

ArrowMark Financial Corp. (NASDAQ: BANX) reported an estimated NAV of $22.24 as of November 30, 2024, with a net income of $0.70 per share for Q3 2024, exceeding the quarterly distribution amount of $0.45 per share. The Fund has consistently outperformed its distribution rate over the past five years, aiming to provide shareholders with reliable income. ArrowMark Financial is listed on the NASDAQ Global Select Market under the symbol “BANX,” managed by ArrowMark Asset Management, LLC, and invests primarily in regulatory capital securities of financial institutions. Investors can access regulatory filings on the SEC’s website and BANX’s website.



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