ArrowMark Financial Corp. logo

ArrowMark Financial Corp. (BANX)

Market Open
8 Dec, 19:52
NASDAQ (NGS) NASDAQ (NGS)
$
21. 50
+0.04
+0.19%
$
154.87M Market Cap
- P/E Ratio
1.8% Div Yield
15,176 Volume
- Eps
$ 21.46
Previous Close
Day Range
21.45 21.51
Year Range
17.99 23.67
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Earnings results expected in 84 days
Arrowmark Financial: Big Yield On Niche Assets

Arrowmark Financial: Big Yield On Niche Assets

Arrowmark Financial offers niche high-yield income investments in the financial sector. BANX focuses on regulatory capital relief securities, with top holdings in G-SIBs like Citigroup and Deutsche Bank. BANX has seen significant growth in NII and dividends, outperforming its industry and the S&P 500 on a total return basis.

Seekingalpha | 1 year ago
BANX: Producing Steady Cash Flow For Income Investors

BANX: Producing Steady Cash Flow For Income Investors

ArrowMark Financial Corp is an enticing investment choice in the high-yield space, coming back down to an attractive discount level. BANX invests in regulatory capital relief securities, which have been helping deliver solid cash flows due to their floating rates. Even with potential rate cuts on the horizon, BANX is expected to maintain strong distribution coverage as long as we don't fall back to a zero-rate environment.

Seekingalpha | 1 year ago