Complete financial analysis of ArrowMark Financial Corp. (BANX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ArrowMark Financial Corp., a leading company in the Asset Management industry within the Financial Services sector.
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ArrowMark Financial Corp. (BANX)
Industry: Asset Management
Sector: Financial Services
About ArrowMark Financial Corp.
StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across the banking sector. It invests in dividend paying growth and value stocks of companies. For its fixed income portion, the fund invests in subordinated debt securities which are rated BBB- or better by Kroll Ratings. The fund employs fundamental analysis with bottom-up security picking approach by focusing on factors such as review of historical and prospective financial information, interviews with management and key employees of the prospective bank, financial models and projections, changes in interest rates, changes in unemployment rates, changes in home prices, changes in economic activity to create its portfolio. It employs proprietary research to create its portfolio. StoneCastle Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.25M | 7.86M | 14.42M | 9.85M | 14.45M | 11.84M | 13.96M | 8.68M | 9.94M | 6.67M | 0.00 |
| Cost of Revenue | 3.77M | 4.12M | 3.77M | 3.22M | 3.58M | 3.75M | 3.85M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 19.48M | 3.74M | 10.65M | 6.63M | 10.87M | 8.09M | 10.11M | 8.68M | 9.94M | 6.67M | 0.00 |
| Gross Profit Ratio | 83.79% | 47.63% | 73.85% | 67.30% | 75.21% | 68.32% | 72.44% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.21 | 0.62 | 0.70 | 0.71 | 0.62 | 0.67 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.98M | 1.64M | 1.15M | 1.36M | 1.18M | 1.24M | 1.12M | 1.03M | 1.28M | 1.14M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 71.39K | 150.00K | 150.00K | 150.00K | 216.67K | 250.00K | 437.50K | 500.00K | 0.00 |
| SG&A | 1.98M | 1.64M | 1.22M | 1.51M | 1.33M | 1.39M | 1.34M | 1.28M | 1.71M | 1.64M | 0.00 |
| Other Expenses | 0.00 | 849.81K | 392.84K | 563.27K | 516.90K | 415.99K | -2.01M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 23.25M | 2.49M | 1.61M | 2.07M | 1.84M | 1.80M | 1.93M | 1.67M | 1.66M | 2.14M | 0.00 |
| Cost & Expenses | 1.53M | 2.49M | 1.61M | 2.07M | 1.84M | 1.80M | 1.93M | 1.67M | 1.66M | 2.14M | 0.00 |
| Interest Income | 28.20M | 20.53M | 14.70M | 12.30M | 11.96M | 12.84M | 13.12M | 10.90M | 8.16M | 2.63M | 0.00 |
| Interest Expense | 3.55M | 2.33M | 1.30M | 765.86K | 1.41M | 1.90M | 1.77M | 1.78M | 1.37M | 489.17K | 0.00 |
| Depreciation & Amortization | 1.63M | 17.23M | 6.70M | 2.31M | 3.69M | 4.19M | 5.94M | 22.82K | 0.00 | 0.00 | 0.00 |
| EBITDA | 22.16M | 7.70M | 12.63M | 7.78M | 12.61M | 11.94M | 12.03M | 0.00 | 8.29M | 4.53M | 0.00 |
| EBITDA Ratio | 95.34% | 97.93% | 87.63% | 78.98% | 87.25% | 100.85% | 86.18% | 80.80% | 83.33% | 67.95% | 0.00% |
| Operating Income | 20.53M | 7.70M | 12.63M | 7.78M | 12.61M | 11.94M | 12.03M | 7.01M | 8.29M | 4.53M | 0.00 |
| Operating Income Ratio | 88.31% | 97.93% | 87.63% | 78.98% | 87.25% | 100.85% | 86.18% | 80.80% | 83.33% | 67.95% | 0.00% |
| Total Other Income/Expenses | -281.35K | 4.12M | 3.77M | -1.14M | 0.00 | -2.26M | 3.85M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 20.25M | 5.37M | 12.81M | 7.78M | 12.61M | 10.03M | 12.03M | 7.01M | 8.29M | 4.53M | 0.00 |
| Income Before Tax Ratio | 87.10% | 68.28% | 88.84% | 78.98% | 87.25% | 84.76% | 86.18% | 80.80% | 83.33% | 67.95% | 0.00% |
| Income Tax Expense | 0.00 | 8.58M | 173.39K | 1.00 | 14.17M | -161.14K | 14.04M | -22.82K | 0.00 | 0.00 | 0.00 |
| Net Income | 20.25M | 5.37M | 12.63M | 7.78M | 12.61M | 10.03M | 12.03M | 7.01M | 8.29M | 4.53M | 0.00 |
| Net Income Ratio | 87.10% | 68.28% | 87.63% | 78.98% | 87.25% | 84.76% | 86.18% | 80.80% | 83.33% | 67.95% | 0.00% |
| EPS | 2.85 | 0.76 | 1.88 | 1.19 | 1.92 | 1.53 | 1.84 | 1.06 | 1.27 | 0.79 | 0.00 |
| EPS Diluted | 2.85 | 0.76 | 1.88 | 1.19 | 1.92 | 1.53 | 1.84 | 1.06 | 1.27 | 0.79 | 0.00 |
| Weighted Avg Shares Out | 7.11M | 7.10M | 6.72M | 6.57M | 6.56M | 6.55M | 6.54M | 6.62M | 6.52M | 5.74M | 5.74M |
| Weighted Avg Shares Out (Dil) | 7.11M | 7.10M | 6.72M | 6.57M | 6.56M | 6.56M | 6.54M | 6.62M | 6.52M | 5.74M | 5.74M |
ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.20 per...
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DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial"), today announced that BANX's estimated and unaudited Net Asset Value (“NAV”) as of August 31, 2024, was $21.99.
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DENVER, Sept. 16, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or the “Fund”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share...
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