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ArrowMark Financial Corp. Announces Estimated June 2022 Net Asset Value and Sets Date to Host the Second Fiscal Quarter 2022 Earnings Conference Call

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ArrowMark Financial Corp. (NASDAQ: BANX) reported an estimated net asset value (NAV) of $20.94 per share as of June 30, 2022. This figure accounts for a cash dividend of $0.39 per share paid on June 29, 2022. The company plans to hold a conference call on August 4, 2022, at 5:00 p.m. ET to discuss its financial results and market outlook. The call will be accessible via telephone and a live webcast. ArrowMark is a closed-end investment company managed by ArrowMark Asset Management.

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DENVER, July 13, 2022 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial” or the “Company”), today announced that the Company’s June 30, 2022, estimated and unaudited Net Asset Value (“NAV”) was $20.94 per share. This NAV reflects the regular second quarter cash dividend of $0.39 per share, paid on June 29, 2022.

ArrowMark Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Thursday, August 4, 2022, to report on the Company’s financial results and investment performance and provide its current market views on bank-related assets. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer and Patrick Farrell, Chief Financial Officer.

The conference call will be accessible by telephone and the Internet. To access the call, participants from within the U.S. may dial 1-877-344-8082 and participants from outside the U.S. may dial 1-213-992-4618. Participants may also access the call via live webcast by visiting ArrowMark Financial’s investor relations website at ir.arrowmarkfinancialcorp.com.

The replay of the call will be available from approximately 8:00 p.m. (Eastern Time) on August 4, 2022, through midnight (Eastern Time) on August 18, 2022. To access the replay, the domestic dial-in number is 1-844-512-2921 the international dial-in number is 1-412-317-6671 and the passcode is 151134. The archive of the webcast will be available on ArrowMark Financial’s website at ir@arrowmarkfinancialcorp.com for limited time.

About ArrowMark Financial Corp.

ArrowMark Financial is an SEC registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.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 Company's website at ir.arrowmarkfinancialcorp.com

Contact:

Julie Muraco
Investor Relations
212-468-5441


FAQ

What is ArrowMark Financial's NAV as of June 30, 2022?

As of June 30, 2022, ArrowMark Financial's estimated net asset value (NAV) was $20.94 per share.

When is ArrowMark Financial's next conference call?

ArrowMark Financial will host its next conference call on August 4, 2022, at 5:00 p.m. ET.

What was the cash dividend paid by ArrowMark Financial on June 29, 2022?

ArrowMark Financial paid a cash dividend of $0.39 per share on June 29, 2022.

Where can I access ArrowMark Financial's conference call replay?

The replay of ArrowMark Financial's conference call will be available from approximately 8:00 p.m. ET on August 4, 2022, through midnight ET on August 18, 2022.

How can I access ArrowMark Financial's investor relations information?

You can access ArrowMark Financial's investor relations information by visiting their website at ir.arrowmarkfinancialcorp.com.

ArrowMark Financial Corp.

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