How to buy Arrowmark Financial stock (BANX)

Arrowmark Financial is an asset management business based in the US. Arrowmark Financial shares (BANX) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $21.03 – an increase of 1.62% over the previous week.

Our top picks for where to buy Arrowmark Financial stock

Buy Arrowmark Financial stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Arrowmark Financial stock price (NASDAQ: BANX)

Use our graph to track the performance of BANX stocks over time.

Arrowmark Financial shares at a glance

• Key figures

Information last updated 2024-12-26.

Latest market close	$21.03
52-week range	$16.12 - $21.15
50-day moving average more info button	$20.68
200-day moving average more info button	$19.54
Wall St. target price	$22.00
PE ratio more info button	8.2375
Dividend yield more info button	$1.77 (8.7%)
Earnings per share (TTM) more info button	$2.61

Is it a good time to buy Arrowmark Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Arrowmark Financial price performance over time

Historical closes compared with the close of $21.5 from 2024-12-24

1 week (2024-12-20)	3.89%
1 month (2024-11-27)	3.97%
3 months (2024-09-27)	3.86%
6 months (2024-06-27)	16.53%

1 year (2023-12-27)	14.30%
2 years (2022-12-27)	52.62%
3 years (2021-12-27)	32.26%
5 years (2019-12-27)	54.15%

Is Arrowmark Financial stock undervalued or overvalued?

Valuing Arrowmark Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Arrowmark Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Arrowmark Financial's P/E ratio

Arrowmark Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Arrowmark Financial shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Arrowmark Financial financials

Revenue TTM	$29.9 million
Operating margin TTM	80.35%
Gross profit TTM	$21.5 million
Return on assets TTM	7.22%
Return on equity TTM	12.21%
Profit margin	62.14%
Book value	$21.58
Market Capitalization more info button	$153.1 million

TTM: trailing 12 months

Arrowmark Financial share dividends

Dividend payout ratio: 125.79% of net profits

Recently Arrowmark Financial has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Arrowmark Financial shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Arrowmark Financial's case, that would currently equate to about $1.77 per share.

Arrowmark Financial's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Arrowmark Financial's most recent dividend payout was on 4 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 25 December 2024 (the "ex-dividend date").

Arrowmark Financial share price volatility

Over the last 12 months, Arrowmark Financial's shares have ranged in value from as little as $16.1167 up to $21.15. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Arrowmark Financial's is 0.506. This would suggest that Arrowmark Financial's shares are less volatile than average (for this exchange).

Arrowmark Financial overview

ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp.

Frequently asked questions

What percentage of Arrowmark Financial is owned by insiders or institutions?
Currently 0.079% of Arrowmark Financial shares are held by insiders and 17.193% by institutions. When does the fiscal year end for Arrowmark Financial?
Arrowmark Financial's fiscal year ends in December. Where is Arrowmark Financial based?
Arrowmark Financial's address is: 152 West 57th Street, New York, NY, United States, 10019 What is Arrowmark Financial's ISIN number?
Arrowmark Financial's international securities identification number is: US8617801043 What is Arrowmark Financial's CUSIP number?
Arrowmark Financial's Committee on Uniform Securities Identification Procedures number is: 861780104