Últimas noticias sobre ArrowMark Financial (NASDAQ:BANX) Bolsa

ArrowMark Financial

ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investments in various portfolios such as debt securities, Trust Preferred and Preferred Securities, preferred securities, exchange-traded funds, money market funds and others.

ArrowMark Financial Corp. - Closed End Fund

ArrowMark Financial Corp

Banxa Holdings Inc

News

BANX

Reported Earlier, ArrowMark Financial Reports March NAV Estimate Of $21.78

The EZ Income Portfolio keeps doing exactly what we designed it to do—throwing off hefty streams of income while avoiding the rollercoaster ride that comes with chasing hot growth stocks. The past month reminded us once again why boring is beautiful when you're in the income game.
Bond Market Update: Rates Steady, but Credit Matters Treasuries bounced around in March as the bond market continues its rate cut guessing game. The Fed's recent posturing still hints at potential cuts later this year, but sticky inflation numbers keep pushing out expectations. The 10-year Treasury is hanging around the 4.2% range, down from the October peaks but still offering yields we haven't seen in decades.
For us, the critical takeaway is that these higher-for-longer yields offer a fat tailwind for bond funds and credit-sensitive investments—provided you stay away from duration traps and avoid the landmines in the commercial real estate lending market.
High-Yield Credit: Spreads Still Tight, but Cracks Emerging High yield credit spreads have drifted slightly wider but remain historically tight. The ICE BofA High Yield Index sits around 330 basis points over Treasuries—tight by any standard. That's pricing in almost no risk of recession, which feels a bit rich given some recent bank earnings pointing to credit deterioration.
We're not running for the hills, but we're staying selective. Defaults are ticking up in the lower tiers, especially in sectors like retail, media, and over-levered real estate. If you're in junk, stick with senior loans or actively managed funds that know how to dodge the zombies.
Private Credit and BDCs: Only the Strong Survive Private credit remains the belle of the ball, attracting waves of capital looking to replace low-yielding bonds. That's good for business development companies (BDCs), but as I've been saying for years, not all BDCs are created equal.
If you're buying BDCs, own the ones tied to the big boys—private equity and credit firms that know how to structure deals, manage risk, and raise cheap capital. Names like BANX fit that bill perfectly. They're built to survive credit cycles, not just ride the boom times. I'm still avoiding the yield-chasing BDCs loaded up on second-lien garbage.
Portfolio Ticker Update:
Preferred ETF (Ticker: PFFA) Preferred caught a nice tailwind from falling yields in early March, but it's been range-bound since. Banks are stabilizing, which helps. You're getting paid north of 8%, so patience pays.
Special Opportunities Fund (Ticker: SPE) One of my favorite quirky closed-end funds. It's chugging along, trading at a nice discount. Income plus potential upside when the market rediscovers CEFs.
Metaurus ETNs (Ticker: MTBA) Still quietly printing income. This thing's quirky, but it's working—tax-efficient income for those of us who like clipping coupons.
Mortgage REIT ETF (Ticker: REM) Mortgage REITs are a minefield, but REM is diversified. You're paid well to take the risk but watch for any signs of credit stress in mREIT holdings.
CEF ETF (Ticker: CEFS) Discount hunting still works, and CEFS gives us diversified exposure to discounted closed-end funds. No fireworks, but it's steady.
BondBloxx BB-rated (Ticker: XBB) One of my favorite bond ETFs. BB-rated junk is still the sweet spot—high income without diving into the deep junk pool.
Senior Loans (Ticker: SRLN) Senior loans are the right place to hide if credit turns. Floating rates help, and you're senior in the stack. No changes here—still collecting.
Energy Infrastructure (Ticker: TYG) Energy midstream still pays. Oil volatility doesn't matter much when you're collecting tolls. Big yield, steady cash flow.
Financial Income (Ticker: FINS) Financials had a solid month as fears of a banking meltdown eased. Spreads are stable, and you're paid handsomely here.
Aberdeen Asia-Pacific Income (Ticker: FAX) Asian bonds are bouncing with China stimulus chatter. Not without risk, but you're paid well to wait.
Dorchester Minerals (Ticker DMLP) &nbsp;Still my favorite royalty play. These guys keep sending checks, and oil/gas prices are holding up. No debt, just cash flow.
Stone Castle Financial (Ticker: BANX) Love this one. Tied to private credit and bank preferreds. Doing exactly what we own it for—producing income with low volatility.
Nuveen Real Asset Income (Ticker: JRI) Real assets are steady. REITs are out of favor, but infrastructure and utilities keep the dividends flowing.
BDC ETF (Ticker: BIZD) Broad exposure to BDCs. We're cautious here—BDC valuations are rich, but income is steady. Not adding, not selling.
High Yield Income ETF( Ticker: HYIN) Solid performer. Higher yields help, and it's done what we expected—deliver income without blowing us up.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Final Thoughts: Clip Coupons, Stay Boring, and Get Paid The market's still too focused on chasing AI unicorns and guessing the next rate cut. Meanwhile, we're sitting here collecting checks every month, sleeping well at night.
This portfolio isn't sexy, but it works. Diversification across preferreds, credit, energy royalties, and CEFs keeps us steady. There's no reason to get cute right now—stick with income, focus on quality, and make sure your BDCs and credit managers are backed by firms that have been through a few cycles.
As always, if we see any panic in credit markets or the next round of CEF discounts, we'll be ready to buy. Until then, stay boring and stay paid.

Opinion

BIZD

CEFS

Angel Oak Financial Strategies Income Term Trust Common Shares of Beneficial Interest

FINS

HYIN

MTBA

PFFA

iShares FTSE NAREIT Mortgage PLUS Capped Index Fund

SRLN

Easy Income Portfolio: March 2025 Update - 'Still Clipping Coupons, Still Getting Paid'

The company declared regular cash distribution of $0.45 per share for the first quarter 2025. The total distribution of $0.55 per share will be payable on March 27, 2025 to shareholders of record on March 20, 2025.

Dividends

ArrowMark Financial Declares Special Cash Distribution Of $0.10 Per Share

Earnings

ArrowMark Financial Reports Q3 EPS Of $0.70, NAV As Of November 30, 2024, Of $22.24

ArrowMark Financial Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.20 per share generated from excess income, and a regular cash distribution of $0.45 per share for the fourth quarter 2024. The total distribution of $0.65 per share will be payable on January 3, 2025 to shareholders of record on December 26, 2024.

ArrowMark Financial Corp. Announces Special Distribution Of $0.20 Per Share Generated From Excess Income

Reported Earlier, ArrowMark Financial Reports October NAV Estimate Of $22.02

The company also announced that its Board of Directors has declared a cash distribution of&nbsp;$0.45&nbsp;per share for the&nbsp;third quarter&nbsp;2024. The distribution of&nbsp;$0.45&nbsp;per share will be payable on September 30, 2024 to shareholders of record on September 26, 2024.

ArrowMark Financial Reports Q2 2024 EPS Of $0.70

Offerings

ArrowMark Financial Files For Mixed Shelf Of Up To $150M

ArrowMark Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) reported quarterly earnings of $0.67 per share. This is a 26.42 percent increase over earnings of $0.53 per share from the same period last year.

ArrowMark Financial Q4 EPS $0.67 Up From $0.53 YoY

John Scott Emrich, Director at ArrowMark Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>), reported a large insider buy on October 11, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001578987/000106299323019226//Archives/edgar/data/1578987/000106299323019226/0001062993-23-019226-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Emrich purchased 7,500 shares of ArrowMark Financial. The total transaction amounted to $130,029. 
ArrowMark Financial shares are trading down 0.06% at $17.21 at the time of this writing on Thursday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001578987">Check Out The Full List Of ArrowMark Financial's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

ArrowMark Financial Director Trades $130K In Company Stock

John Scott Emrich, Director at ArrowMark Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>), reported a large insider buy on October 11, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001578987/000106299323019226//Archives/edgar/data/1578987/000106299323019226/0001062993-23-019226-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that Emrich purchased 7,500 shares of ArrowMark Financial. The total transaction amounted to $130,029. 
ArrowMark Financial shares are trading down 1.09% at $17.21 at the time of this writing on Wednesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001578987">Check Out The Full List Of ArrowMark Financial's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ArrowMark Financial Recent Insider Activity

Wednesday marks the last chance for investors to receive the next dividend payout from ArrowMark Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a quarterly dividend of 45 cents per share. On Thursday, ArrowMark Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 45 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own BANX as of the end of Wednesday's session are eligible to receive the 45 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on September 29, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

ArrowMark Financial's Ex-Dividend Date Is Thursday, Here's What You Need To Know

&quot;We are very pleased to announce that net income for the quarter ending March 31, 2023 was&nbsp;$0.62&nbsp;per share, well in excess of the quarterly distribution rate of&nbsp;$0.39&nbsp;per share. Once again, the Fund continues to consistently over-earn its quarterly distribution rate. ArrowMark Financial is committed to maximizing total risk-adjusted returns, generating long-term value and consistent distributions for our shareholders,&quot; said Chairman &amp; CEO Sanjai Bhonsle.

ArrowMark Financial Corp. Announces Net Income For The Quarter Ending March 31, 2023 Was $0.62 Per Share

ArrowMark Financial Corp., (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) (&quot;ArrowMark Financial&quot;), today announced that BANX&#39;s estimated and unaudited Net Asset Value (&quot;NAV&quot;) as of January 31, 2023, was&nbsp;$20.91. 
&nbsp;
This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended January 31, 2023.

Reported Late Monday Feb. 27, ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value Of $20.91 As Of January 2023

Tuesday marks the last chance for investors to receive the next dividend payout from StoneCastle Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 39 cents per share. On Wednesday, StoneCastle Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own BANX as of the end of Tuesday's session are eligible to receive the 39 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 05, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on StoneCastle Financial <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

StoneCastle Financial's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

ArrowMark Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) reported quarterly net investment income of $0.46 per share. This is a 15 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly total investment income of $5.35 million which beat the analyst consensus estimate of $5.26 million by 1.71 percent. This is a 20.58 percent increase over sales of $4.44 million the same period last year.

ArrowMark Financial Q3 Net Inv. Income $0.46 Up From $0.40 YoY, Total Inv Income $5.35M Beat $5.26M Estimate

Tuesday marks the last chance for investors to receive the next dividend payout from StoneCastle Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a quarterly dividend of 39 cents per share. On Wednesday, StoneCastle Financial will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 39 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own BANX as of the end of Tuesday's session are eligible to receive the 39 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on September 29, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on StoneCastle Financial <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

Tuesday Is Your Last Chance To Buy StoneCastle Financial Before The Dividend Payout

Although US stocks closed lower on Tuesday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h2>LL Flooring Holdings </h2>
<ul>
<li>The Trade: LL Flooring Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ll#NYSE">LL</a>) Director Famous Rhodes <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 6,635 shares at </a> an average price of 9.86. To acquire these shares, it cost around $65.39 thousand.</li>
<li>What&rsquo;s Happening: LL Flooring Holdings recently reported a second-quarter FY22 sales decline of 0.8% year-on-year to $299 million, missing the consensus of $303.20 million.</li>
<li>What LL Flooring Does: LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm primarily operates across the U.S. and Ontario, Canada, through its retail store operations segment.</li>
</ul>
<h2>ArrowMark Financial </h2>
<ul>
<li>The Trade: ArrowMark Financial Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/banx#NASDAQ">BANX</a>) CEO Sanjai Bhonsle <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total 4,000 shares </a> at an average price of $19.36. To acquire these shares, it cost around $77.42 thousand.</li>
<li>What&rsquo;s Happening: The company, last week, reported downbeat Q2 results.</li>
<li>What ArrowMark Financial Does: StoneCastle Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation.</li>
</ul>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>.
<a href="https://www.benzinga.com/news/22/08/28429485/why-avalo-therapeutics-surged-32-here-are-111-biggest-movers-from-yesterday">Also check this: Why Avalo Therapeutics Surged 32%; Here Are 111 Biggest Movers From Yesterday </a>
<h2>VOXX International </h2>
<ul>
<li>The Trade: VOXX International Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/voxx#NASDAQ">VOXX</a>) 10% owner Avalon Park Group Holding AG <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 10,000 shares </a> at an average price of $9.06. To acquire these shares, it cost around $90.6 thousand.</li>
<li>What&rsquo;s Happening: VOXX International, last month, reported worse-than-expected Q1 sales results.</li>
<li>What VOXX International Does: VOXX International Corp is a manufacturer and supplier of consumer electronic products in the automotive, premium audio, and accessory industries.</li>
</ul>

Long Ideas

Markets

VOXX

Insiders Buying VOXX International And 2 Other Stocks

StoneCastle Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) reported quarterly earnings of $0.43 per share which missed the analyst consensus estimate of $0.44 by 2.27 percent. This is a 7.5 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $5.04 million which missed the analyst consensus estimate of $5.08 million by 0.85 percent. This is a 18.41 percent increase over sales of $4.25 million the same period last year.

StoneCastle Financial Q2 EPS $0.43 Misses $0.44 Estimate, Sales $5.04M Miss $5.08M Estimate

StoneCastle Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANX#NASDAQ">BANX</a>) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
StoneCastle Financial missed estimated earnings by 2.27%, reporting an EPS of $0.43 versus an estimate of $0.44.
Revenue was up $783 thousand from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.04 which was followed by a 5.91% increase in the share price the next day.
Here's a look at StoneCastle Financial's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2022</th>
<th>Q4 2021</th>
<th>Q3 2021</th>
<th>Q2 2021</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.46</td>
<td>0.45</td>
<td>0.42</td>
<td>0.42</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.42</td>
<td>0.41</td>
<td>0.40</td>
<td>0.40</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>5.11M</td>
<td>4.98M</td>
<td>4.75M</td>
<td>4.42M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>4.68M</td>
<td>4.55M</td>
<td>4.44M</td>
<td>4.25M</td>
</tr>
</tbody>
</table>

To track all earnings releases for StoneCastle Financial <a href="https://www.benzinga.com/quote/BANX/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comments

ArrowMark Financial

Noticias

Últimas noticias sobre ArrowMark Financial (NASDAQ:BANX) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL