STOCK TITAN

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

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

ArrowMark Financial Corp. (NASDAQ: BANX) has released its estimated and unaudited Net Asset Value (NAV) for July 31, 2024. The company announced that the estimated NAV stood at $21.75 per share. This information was made public on August 14, 2024, from the company's headquarters in Denver.

It's important to note that this estimated NAV is not a complete representation of ArrowMark Financial's financial condition or results for the month ending July 31, 2024. The company emphasizes that this figure is an estimate and has not been audited. Investors and analysts should consider this information as a snapshot of the company's perceived value at that specific point in time.

ArrowMark Financial Corp. (NASDAQ: BANX) ha rilasciato il suo valore patrimoniale netto stimato e non certificato (NAV) per il 31 luglio 2024. La società ha annunciato che il NAV stimato è stato di 21,75 $ per azione. Questa informazione è stata resa pubblica il 14 agosto 2024, dalla sede centrale dell'azienda a Denver.

È importante notare che questo NAV stimato non rappresenta in modo completo la condizione finanziaria di ArrowMark Financial o i risultati per il mese che si è concluso il 31 luglio 2024. La società sottolinea che questo valore è solo una stima e non è stata oggetto di revisione. Investitori e analisti dovrebbero considerare queste informazioni come un'istantanea del valore percepito dell'azienda in quel preciso momento.

ArrowMark Financial Corp. (NASDAQ: BANX) ha publicado su valor neto de activos estimado y no auditado (NAV) para el 31 de julio de 2024. La compañía anunció que el NAV estimado se situó en 21,75 $ por acción. Esta información se hizo pública el 14 de agosto de 2024, desde la sede de la empresa en Denver.

Es importante señalar que este NAV estimado no representa de manera completa la situación financiera de ArrowMark Financial o los resultados para el mes que finalizó el 31 de julio de 2024. La empresa enfatiza que esta cifra es una estimación y no ha sido auditada. Los inversionistas y analistas deben considerar esta información como una instantánea del valor percibido de la compañía en ese momento específico.

ArrowMark Financial Corp. (NASDAQ: BANX)는 2024년 7월 31일 기준으로 추정된 감사되지 않은 순자산 가치(NAV)를 발표했습니다. 회사는 추정 NAV가 21.75 달러로 설정되었다고 전했습니다. 이 정보는 2024년 8월 14일 덴버에 있는 본사에서 공개되었습니다.

이 추정 NAV는 2024년 7월 31일에 종료된 월에 대한 ArrowMark Financial의 재무 상태 또는 결과를 완전하게 나타내는 것이 아니라는 점에 유의해야 합니다. 회사는 이 수치가 추정치이며 감사되지 않았다고 강조합니다. 투자자와 분석가는 이 정보를 해당 시점에서 회사의 인식된 가치를 나타내는 스냅샷으로 고려해야 합니다.

ArrowMark Financial Corp. (NASDAQ: BANX) a publié sa valeur nette d'actifs estimée et non auditée (NAV) au 31 juillet 2024. La société a annoncé que la NAV estimée s'élevait à 21,75 $ par action. Cette information a été rendue publique le 14 août 2024, depuis le siège de l'entreprise à Denver.

Il est important de noter que cette NAV estimée ne représente pas de manière complète la situation financière d'ArrowMark Financial ou les résultats du mois se terminant le 31 juillet 2024. L'entreprise souligne que ce chiffre est une estimation et n'a pas été auditée. Les investisseurs et les analystes doivent considérer cette information comme un instantané de la valeur perçue de l'entreprise à ce moment précis.

Die ArrowMark Financial Corp. (NASDAQ: BANX) hat ihren geschätzten und nicht geprüften Nettoinventarwert (NAV) zum 31. Juli 2024 veröffentlicht. Das Unternehmen gab bekannt, dass der geschätzte NAV bei 21,75 $ pro Aktie lag. Diese Informationen wurden am 14. August 2024 von der Unternehmenszentrale in Denver veröffentlicht.

Es ist wichtig zu beachten, dass dieser geschätzte NAV keine vollständige Darstellung der finanziellen Lage von ArrowMark Financial oder der Ergebnisse für den Monat zum 31. Juli 2024 ist. Das Unternehmen betont, dass diese Zahl eine Schätzung ist und nicht geprüft wurde. Investoren und Analysten sollten diese Informationen als Schnappschuss des wahrgenommenen Wertes des Unternehmens zu diesem bestimmten Zeitpunkt betrachten.

Positive
  • None.
Negative
  • None.

DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of July 31, 2024, was $21.75.

This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended July 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 | investorrelations@arrowmarkfinancialcorp.com


FAQ

What was ArrowMark Financial Corp's (BANX) estimated NAV as of July 31, 2024?

ArrowMark Financial Corp. (BANX) announced that its estimated and unaudited Net Asset Value (NAV) as of July 31, 2024, was $21.75 per share.

When did ArrowMark Financial Corp. (BANX) release its July 2024 NAV estimate?

ArrowMark Financial Corp. (BANX) released its July 2024 NAV estimate on August 14, 2024.

Is the $21.75 NAV of BANX as of July 31, 2024 audited?

No, the $21.75 NAV of BANX as of July 31, 2024 is unaudited and estimated. It is not a comprehensive statement of the company's financial condition or results for that period.

What does NAV stand for in ArrowMark Financial Corp's (BANX) announcement?

In ArrowMark Financial Corp's (BANX) announcement, NAV stands for Net Asset Value, which is an estimate of the company's value per share.

ArrowMark Financial Corp.

NASDAQ:BANX

BANX Rankings

BANX Latest News

BANX Stock Data

148.11M
7.07M
0.08%
17.19%
0.2%
Asset Management
Financial Services
Link
United States of America
New York