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ArrowMark Financial announces accretive registered direct stock offering

Story Highlights
  • ArrowMark completed a $14.9 million registered direct offering at a price above NAV.
  • The fund plans to invest the new capital according to its current income-focused strategy in financial-sector securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ArrowMark Financial announces accretive registered direct stock offering

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An update from ArrowMark Financial Corp. ( (BANX) ) is now available.

On December 18, 2025, ArrowMark Financial Corp. entered into a securities purchase agreement with investors for a registered direct public offering of 673,249 shares of its common stock at $22.28 per share, slightly above its then net asset value of $22.20, making the transaction accretive to existing shareholders. The offering, conducted under an effective shelf registration, generated approximately $15.0 million in gross proceeds, with the shares expected to be delivered on December 19, 2025, and the company indicated that the net proceeds will be invested in line with its existing investment strategy, potentially reinforcing its income-focused portfolio in regulatory capital securities of financial institutions.

The most recent analyst rating on (BANX) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on ArrowMark Financial Corp. stock, see the BANX Stock Forecast page.

Spark’s Take on BANX Stock

According to Spark, TipRanks’ AI Analyst, BANX is a Neutral.

ArrowMark Financial Corp. scores a 62, driven primarily by its strong valuation metrics, including a low P/E ratio and high dividend yield, which suggest potential undervaluation. However, financial performance challenges, particularly in revenue stability and EBIT, along with neutral technical indicators, moderate the overall score.

To see Spark’s full report on BANX stock, click here.

More 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 primary objective is to provide shareholders with current income by investing mainly in regulatory capital securities of financial institutions, and it is managed by ArrowMark Asset Management, LLC.

Average Trading Volume: 15,695

Technical Sentiment Signal: Buy

For an in-depth examination of BANX stock, go to TipRanks’ Overview page.

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