ArrowMark Financial Corp. Announces New Distribution Agreement

ArrowMark Financial Corp. ( (BANX) ) just unveiled an update.

On December 15, 2025, ArrowMark Financial Corp. announced a distribution agreement with ALPS Distributors, Inc. to issue and sell up to $25 million of its common stock through an at-the-market equity offering program. The agreement includes a sub-placement agent arrangement with UBS Securities LLC. The company intends to use the proceeds in line with its investment policy, and sales will be made at market prices, potentially above the net asset value. This move is part of ArrowMark’s strategy to enhance its financial flexibility and investment capabilities, although it comes with associated risks typical of investment companies.

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 investment company listed on the NASDAQ Global Select Market under the symbol ‘BANX.’ Its primary investment objective is to provide stockholders with current income and it is managed by ArrowMark Asset Management, LLC.

Average Trading Volume: 16,984

Technical Sentiment Signal: Buy

Find detailed analytics on BANX stock on TipRanks’ Stock Analysis page.