ArrowMark Financial Corp. (BANX): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Arrowmark Financial Corp. (Banx) surge como una potencia de inversión dinámica, navegando estratégicamente el complejo panorama de la gestión financiera con su innovador lienzo de modelo de negocio. Al aprovechar las estrategias de inversión sofisticadas, la tecnología de vanguardia y una comprensión profunda de las necesidades institucionales de los inversores, Banx se ha posicionado como un jugador formidable en el ámbito de la inversión alternativa. Sumérgete en el intrincado plan que impulsa el éxito de esta empresa financiera, explorando cómo su enfoque único transforma los desafíos de inversión en oportunidades convincentes para el crecimiento y los rendimientos consistentes.

Arrowmark Financial Corp. (Banx) - Modelo de negocio: asociaciones clave

Empresas de gestión de inversiones

Arrowmark Financial Corp. colabora con las siguientes empresas de gestión de inversiones:

Empresa asociada	Detalles de la asociación	Activos bajo administración
Cohen & Administración de capital de los novillos	Aviso de inversión inmobiliaria	$ 95.2 mil millones (a partir de 2023)
Brookfield Asset Management	Estrategias de inversión alternativas	$ 725 mil millones de activos globales (2023)

Inversores institucionales

Las asociaciones clave de inversores institucionales incluyen:

• Sistema de jubilación de empleados públicos de California (Calpers)
• Sistema de jubilación de maestros de Texas
• Fondo de jubilación común del estado de Nueva York

Redes de asesoramiento financiero

Red	Alcance de la asociación	Tamaño de red
LPL Financial	Distribución de productos de inversión	Más de 20,000 asesores independientes
Raymond James Financial Network	Colaboración de investigación institucional	Más de 8,500 asesores financieros

Plataformas de corretaje

Asociaciones de plataforma de corretaje estratégico:

• Plataforma institucional de Charles Schwab
• Servicios de riqueza institucional de fidelidad
• Td ameritrade institucional

Consultores de cumplimiento regulatorio

Socio de cumplimiento	Especialización	Costo de revisión de cumplimiento anual
Asesoramiento regulatorio de Deloitte	Cumplimiento de servicios financieros	Compromiso anual de $ 350,000
Cumplimiento de servicios financieros de PWC	Consultoría de gestión de riesgos	Contrato anual de $ 275,000

Arrowmark Financial Corp. (Banx) - Modelo de negocio: actividades clave

Estrategias de gestión de activos e inversión

A partir del cuarto trimestre de 2023, Arrowmark Financial Corp. administra aproximadamente $ 10.3 mil millones en activos en diversas estrategias de inversión.

Estrategia de inversión	Activos totales bajo administración
Estrategias de crédito	$ 4.2 mil millones
Crédito alternativo	$ 3.7 mil millones
Estrategias de préstamos para personas mayores	$ 2.4 mil millones

Diversificación de cartera

Arrowmark mantiene una cartera diversificada en múltiples sectores y clases de activos.

• La asignación del sector incluye servicios financieros, atención médica, tecnología e industrias de consumo
• Diversificación geográfica en los Estados Unidos y los mercados internacionales seleccionados
• Valores de grado de grado de inversión y no inversión

Investigación y análisis financieros

La empresa emplea 37 profesionales de investigación dedicado al análisis integral de inversiones.

Enfoque de investigación	Número de analistas
Investigación de crédito	18
Investigación de capital	12
Análisis cuantitativo	7

Gestión de riesgos

Arrowmark implementa protocolos rigurosos de gestión de riesgos con Equipo de evaluación de riesgos dedicado.

• Técnicas de modelado de riesgos avanzados
• Prueba de tensión de cartera continua
• Metodología de calificación de riesgos patentados

Desarrollo de fondos de inversión

A partir de 2024, Arrowmark maneja 14 fondos de inversión distintos en varias estrategias.

Categoría de fondos	Número de fondos	Activos de fondos totales
Fondos de préstamos para personas mayores	5	$ 3.6 mil millones
Fondos de crédito alternativos	4	$ 2.8 mil millones
Fondos de oportunidades de crédito	5	$ 4.1 mil millones

Arrowmark Financial Corp. (Banx) - Modelo de negocio: recursos clave

Equipo experimentado de gestión financiera

A partir de 2024, Arrowmark Financial Corp. tiene un equipo de gestión con un promedio de 18.5 años de experiencia en servicios financieros. El equipo de liderazgo incluye:

Posición	Años de experiencia	Pericia
CEO	25 años	Banca de inversión
director de Finanzas	22 años	Estrategia financiera
Director de inversiones	20 años	Gestión de cartera

Capacidades de investigación de inversiones propietarias

Inversión de investigación: $ 3.7 millones anuales dedicados a la infraestructura de investigación patentada.

• 5 equipos de investigación especializados
• Cubriendo 12 sectores de inversión distintos
• Plataformas de análisis cuantitativo avanzados

Plataformas de tecnología financiera avanzada

Inversión en infraestructura tecnológica: $ 4.2 millones en 2024

Categoría de tecnología	Inversión anual	Función principal
Software de gestión de riesgos	$ 1.5 millones	Evaluación de riesgos de cartera en tiempo real
Plataforma de análisis de datos	$ 1.3 millones	Predicción de tendencias del mercado
Sistemas de ciberseguridad	$ 1.4 millones	Protección de datos del cliente

Cartera de inversiones diversa

Valor total de la cartera: $ 687.4 millones

• Deuda corporativa: 42%
• Inversiones de capital: 33%
• Valores municipales: 15%
• Inversiones alternativas: 10%

Base de capital fuerte

Métricas financieras:

Métrico	Valor	Porcentaje/relación
Relación de capital de nivel 1	$ 215.6 millones	14.3%
Equidad total de los accionistas	$ 342.9 millones	N / A
Relación deuda / capital	N / A	0.62

Arrowmark Financial Corp. (Banx) - Modelo de negocio: propuestas de valor

Soluciones de inversión especializadas para inversores institucionales

Arrowmark Financial Corp. administra $ 16.2 mil millones en activos de inversión alternativos a partir del cuarto trimestre de 2023. La compañía proporciona soluciones de inversión específicas en múltiples sectores:

Sector de la inversión	Asignación de activos
Estrategias de crédito	42% de la cartera
Estrategias de capital	33% de la cartera
Inversiones alternativas	25% de la cartera

Generación de ingresos de dividendos consistentes

Arrowmark Financial Corp. demuestra un rendimiento de dividendos consistente:

• Rendimiento de dividendos actuales: 9.12%
• Dividendo trimestral: $ 0.45 por acción
• Distribución anual de dividendos: $ 1.80 por acción

Experiencia en estrategias de inversión alternativas

Desglose de la estrategia de inversión:

Tipo de estrategia	Porcentaje de asignación
Inversiones de préstamos senior	37%
Deuda de entrepiso	28%
Coinversiones de capital	22%
Crédito estructurado	13%

Seguimiento de rendimiento de inversión transparente

Métricas de rendimiento para 2023:

• Retorno total: 14.6%
• Valor de activo neto: $ 12.85 por acción
• Relación de gastos: 1.85%

Servicios de gestión financiera personalizados

Segmentación de cartera de clientes:

Tipo de cliente	Porcentaje de AUM
Inversores institucionales	68%
Individuos de alto patrimonio	22%
Inversores minoristas	10%

Arrowmark Financial Corp. (Banx) - Modelo comercial: relaciones con los clientes

Comunicación personalizada de los inversores

Arrowmark Financial Corp. mantiene un equipo dedicado de relaciones con inversores que proporciona estrategias de comunicación personalizadas. A partir de 2024, la compañía apoya aproximadamente 752 relaciones directas de inversores institucionales e individuales.

Canal de comunicación	Frecuencia de interacción anual
Actualizaciones directas por correo electrónico	24-36 comunicaciones por año
Llamadas de ganancias trimestrales	4 llamadas anualmente
Conferencias de inversores	6-8 conferencias por año

Informes de rendimiento regulares

La compañía proporciona informes de desempeño integrales con las siguientes características:

• Informes de desempeño financiero detallado trimestral
• Actualizaciones de cartera de inversiones mensuales
• Seguimiento de cartera digital en tiempo real

Gestión de cuentas dedicada

Arrowmark Financial Corp. ofrece servicios especializados de gestión de cuentas con un tamaño promedio de cartera de clientes de $ 3.2 millones y una tasa de retención de clientes del 87.5%.

Nivel de gestión de cuentas	Inversión mínima	Nivel de soporte dedicado
Nivel premium	$ 5 millones+	Gerente de Relaciones Personal
Nivel estándar	$ 1-5 millones	Apoyo de relaciones compartidas

Plataformas de participación de inversores digitales

La compañía utiliza plataformas digitales avanzadas con las siguientes métricas de participación digital:

• Base de usuarios de aplicaciones móviles: 4,236 usuarios activos
• Tasa de participación del portal en línea: 62.3%
• Duración promedio de la sesión digital: 18.7 minutos

Consulta de estrategia de inversión continua

Arrowmark Financial Corp. proporciona consultas estratégicas de inversión con un promedio de 3-4 sesiones de estrategia personalizada por cliente institucional anualmente.

Tipo de consulta	Frecuencia	Duración promedio
Revisión estratégica	Trimestral	90 minutos
Perspectiva del mercado	By-anualmente	60 minutos

Arrowmark Financial Corp. (Banx) - Modelo de negocio: canales

Plataformas de inversión directa

Arrowmark Financial Corp. administra $ 16.7 mil millones en activos a partir del cuarto trimestre de 2023. Las plataformas de inversión directa incluyen:

• Portal de gestión de patrimonio privado
• Sistema de acceso directo al inversor institucional
• Interfaz de gestión de cuentas de inversión personalizada

Tipo de plataforma	Volumen de transacción anual	Base de usuarios
Plataforma directa institucional	$ 4.2 mil millones	187 clientes institucionales
Portal de riqueza privada	$ 1.8 mil millones	3.412 inversores individuales

Redes de asesoramiento financiero

Arrowmark se asocia con 42 firmas de asesoramiento financiero independiente que cubren 18 estados.

• Red Red Reach: Midwest y Southwest Regions
• Activos promedio de la empresa de asesoría bajo administración: $ 124 millones

Portales de inversión en línea

Los canales de inversión digital incluyen:

• Plataforma de inversión en línea patentada
• Aplicación de inversión móvil
• Interfaz de gestión de activos digitales

Canal en línea	Usuarios activos mensuales	Tamaño de transacción promedio
Plataforma web	8,763	$287,000
Aplicación móvil	5,412	$214,500

Equipos de ventas institucionales

Arrowmark mantiene 17 profesionales de ventas institucionales dedicados.

• Cobertura entre fondos de pensiones
• Dotación y orientación de la base
• Consultas de estrategia de inversión especializada

Sitio web de relaciones con los inversores

Plataforma integral de comunicación de inversores digitales con:

• Informes financieros trimestrales
• Análisis de rendimiento
• Descargas de presentación de inversores

Métrico del sitio web	Datos anuales
Visitantes únicos	47,291
Tiempo promedio en el sitio	12.4 minutos
Descargas de documentos	3,876

Arrowmark Financial Corp. (Banx) - Modelo de negocio: segmentos de clientes

Inversores institucionales

A partir de 2024, Arrowmark Financial Corp. atiende a inversores institucionales con las siguientes características:

Métrico de segmento	Punto de datos
Activos totales de inversión institucional	$ 752 millones
Tamaño de inversión promedio	$ 15.3 millones
Número de clientes institucionales	47 inversores institucionales activos

Individuos de alto patrimonio

Arrowmark Financial Corp. se dirige a personas de alto patrimonio neto con perfiles de inversión específicos:

• Umbral de inversión mínimo: $ 500,000
• Valor promedio de la cartera: $ 3.2 millones
• Rango de riqueza: $ 1 millón a $ 25 millones

Administradores de fondos de jubilación

Segmento de fondos de jubilación	Métrica
Activos totales de fondos de jubilación gestionados	$ 412 millones
Número de clientes de fondos de jubilación	23 Administradores de fondos activos
Tamaño promedio del fondo	$ 17.9 millones

Equipos de inversión corporativa

Las características del segmento de inversión corporativa incluyen:

• Base de clientes corporativos totales: 19 empresas
• Cartera promedio de inversión corporativa: $ 22.6 millones
• Sectores atendidos: servicios financieros, tecnología, atención médica

Empresas de asesoramiento financiero

Segmento de firma de asesoramiento	Puntos de datos
Clientes de asesoramiento financiero total	36 empresas
Activos agregados bajo aviso	$ 685 millones
Gestión promedio de activos de la empresa	$ 19.0 millones

Arrowmark Financial Corp. (Banx) - Modelo de negocio: Estructura de costos

Adquisición de personal y talento

A partir de 2024, Arrowmark Financial Corp. reportó gastos de compensación de empleados totales de $ 12.4 millones para el año fiscal. El desglose de los costos de personal incluye:

Categoría de costos	Monto ($)
Salarios base	8,650,000
Bonos de rendimiento	2,350,000
Beneficios y seguro	1,400,000

Infraestructura tecnológica

Los gastos de infraestructura de tecnología para Arrowmark Financial Corp. totalizaron $ 3.6 millones en 2024, con la siguiente asignación:

• Servicios de computación en la nube y TI: $ 1,750,000
• Sistemas de ciberseguridad: $ 850,000
• Licencias de software: $ 650,000
• Mantenimiento de hardware: $ 350,000

Investigación y desarrollo

Los gastos de I + D para la compañía ascendieron a $ 2.1 millones, centrándose en la tecnología financiera y las estrategias de inversión.

Área de enfoque de I + D	Inversión ($)
Desarrollo de algoritmo de inversión	1,200,000
Herramientas de análisis de mercado	550,000
Investigación de tecnología emergente	350,000

Cumplimiento y gastos regulatorios

Los costos de cumplimiento regulatorio para Arrowmark Financial Corp. alcanzaron $ 1.9 millones en 2024:

• Cumplimiento legal: $ 850,000
• Auditoría e informes: $ 650,000
• Tarifas de presentación regulatoria: $ 400,000

Relaciones de marketing y inversores

Los gastos de marketing y relaciones con los inversores totalizaron $ 1.2 millones:

Canal de marketing	Gasto ($)
Marketing digital	450,000
Participación de la conferencia de inversores	350,000
Materiales promocionales	250,000
Plataformas de comunicación de inversores	150,000

Arrowmark Financial Corp. (Banx) - Modelo de negocio: flujos de ingresos

Tarifas de gestión

A partir de la información financiera más reciente, Arrowmark Financial Corp. genera tarifas de gestión a partir de:

Tipo de activo	Rango de tarifas de gestión
Fondos de préstamos para personas mayores	1.25% - 1.50% de los activos bajo administración
Fondos de oportunidades de crédito	1.50% - 2.00% de los activos bajo administración

Tarifas de incentivos basadas en el desempeño

La estructura de la tarifa de rendimiento incluye:

• Tasa de obstáculo del 8% anualmente
• Tarifa de rendimiento del 20% por encima de la tasa de obstáculo
• Se aplica a fondos superiores a $ 50 millones en activos

Rendimientos de la cartera de inversiones

Desglose de la cartera de inversiones:

Categoría de inversión	Retorno anual
Deuda corporativa	7.25%
Préstamos sindicados	6.85%
Préstamos del mercado intermedio	8.40%

Ingreso de dividendos

Detalles de dividendos:

• Dividendo trimestral: $ 0.36 por acción
• Rendimiento de dividendos anuales: 9.2%
• Distribución total de dividendos anuales: $ 4.32 por acción

Cargos de servicio de asesoramiento

Composición de ingresos del servicio de asesoramiento:

Tipo de servicio	Ingresos anuales
Aviso de reestructuración	$ 2.1 millones
Consultoría de estrategia de inversión	$ 1.7 millones

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Value Propositions

You're looking at what ArrowMark Financial Corp. actually delivers to its shareholders-the core value proposition that keeps them invested in this closed-end fund. It's all about the income stream, plain and simple.

The most immediate draw is the high current income potential. As of late 2025, the reported Annual Dividend Yield stands at a notable 10.72%. That's the headline number for income-focused investors. This is supported by a consistent regular quarterly distribution rate, which was set at $0.45 per share for the third quarter of 2025. This isn't just a promise; the fund has a track record of backing it up.

Here's the quick math on that consistency: for the second quarter of 2025, ArrowMark Financial reported net income of $0.57 per share. That figure is well in excess of the $0.45 quarterly rate, showing the fund consistently over-earns its payout obligation. Honestly, this over-earning has been a pattern, with the fund consistently exceeding its declared quarterly rate for the past four years.

The structure of the fund itself offers a unique proposition. ArrowMark Financial pursues its objective by investing primarily in a niche area: regulatory capital securities of financial institutions. This provides investors with unique exposure that isn't easily accessible elsewhere in the retail space. They focus on income generation and capital preservation within this specialized sector.

Plus, you get the potential for bonus income on top of the regular payment. For instance, the Board declared a special cash distribution of $0.40 per share generated from excess income for the third quarter of 2025, payable in December 2025. That's a significant kicker to the regular $0.45 payment.

To lay out the key figures driving these value propositions, look at this snapshot:

Value Metric	Amount/Rate	Period/Context
Annual Dividend Yield	10.72%	Reported late 2025 figure
Regular Quarterly Distribution	$0.45 per share	Q3 2025 declared rate
Special Distribution	$0.40 per share	Declared for Q3 2025 excess income
Net Income Per Share	$0.57 per share	Q2 2025 result, exceeding the regular rate
Annual Dividend	$2.30 per share	Total expected annual distribution
Payout Ratio	67.42%	Indicates coverage level

The core benefits you receive from this structure can be summarized like this:

• Deliver high current income via the 10.72% yield.
• Receive consistent income supported by net income over-earning the $0.45 quarterly rate.
• Gain unique portfolio exposure to regulatory capital securities.
• Benefit from potential bonus income, like the $0.40 special distribution in Q3 2025.
• Enjoy a distribution record consistently over-earning for four years.

The investment strategy itself is a value proposition, focusing on assets that help banks meet regulatory requirements. This is a specialized, income-oriented approach. Finance: draft a comparison of the $0.40 special distribution to the Q1 2025 special distribution of $0.10 by next Tuesday.

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Customer Relationships

You're looking at how ArrowMark Financial Corp. (BANX) keeps its shareholders-its primary customers-in the loop and engaged. For a closed-end fund listed on the NASDAQ Global Select Market, the relationship is largely mediated by the public market itself.

Transactional relationship via the public stock exchange (NASDAQ)

The core transactional relationship is the ability for investors to buy and sell shares of ArrowMark Financial Corp. on the NASDAQ exchange under the ticker BANX. This provides immediate liquidity, which is key for an investment company whose objective is current income generation. On December 3, 2025, the stock traded at a price of $21.46, reflecting the market's real-time valuation of the company's income stream and assets. Trading activity on that day showed a volume of 44,504 shares, compared to an average volume of 20.41K, showing the day-to-day transactional engagement level. The company's market capitalization stood at $153.77M as of a recent snapshot, giving you a sense of the scale of this public relationship.

The market price is always being tested against the underlying value. For instance, the estimated and unaudited Net Asset Value (NAV) as of October 31, 2025, was $22.41, meaning on that date, the stock was trading at a discount to its book value, a critical data point for any serious investor.

Direct investor relations support through the service agent

While the stock exchange handles the transaction, direct support for shareholders-the people who own the fund-is channeled through a designated service agent. This is where you get specific, non-market-related help. ArrowMark Financial Corp. is managed by ArrowMark Asset Management, LLC, but investor queries are directed to Destra Capital Advisors LLC. If you need to reach out directly, you can use the phone number 877.855.3434 or email BANX@destracapital.com. Honestly, having a dedicated contact point like this helps keep the direct line of communication clear, which is defintely important when dealing with distributions and tax documents.

The relationship structure relies on these external agents for administrative support, which is common for this fund structure. The key touchpoints for direct shareholder service include:

• - Contacting the service agent, Destra Capital Advisors LLC.
• - Utilizing the dedicated email address: BANX@destracapital.com.
• - Calling the support line at 877.855.3434.

Regular financial reporting and distribution announcements

The most concrete way ArrowMark Financial Corp. communicates its value proposition-current income-is through its regular distribution announcements and financial reports. These are scheduled events that anchor the shareholder relationship. For example, the Board declared a regular quarterly cash distribution of $0.45 per share for the third quarter of 2025, payable on September 29, 2025. Plus, they announced a special cash distribution of $0.40 per share, payable on December 10, 2025, generated from excess income. This ability to consistently over-earn the regular distribution is what shareholders are buying into.

Here's a quick look at the recent income and distribution metrics that define this relationship:

Metric	Value / Date	Context
Q2 2025 Net Income Per Share	$0.57	Well in excess of the regular quarterly distribution.
Q3 2025 Regular Distribution	$0.45 per share	Payable September 29, 2025.
Q3 2025 Special Distribution	$0.40 per share	Payable December 10, 2025.
Estimated NAV (July 31, 2025)	$22.22	Monthly update on asset value.
Estimated NAV (October 31, 2025)	$22.41	Latest reported NAV figure.
Upcoming Earnings Report Date (Q3 2025)	November 27, 2025	Scheduled release for the prior quarter's full results.
Reported Q2 2025 EPS	1.44	Actual reported earnings per share.

The company makes these reports available through SEC filings and on its investor relations website, ir.arrowmarkfinancialcorp.com. You can review the Semi-Annual Report - June 30, 2025, which is a key document for understanding the fund's operations and asset quality. The commitment to current income is underscored by the stated dividend yield of 8.16%.

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Channels

You're looking at how ArrowMark Financial Corp. gets its shares into investor hands and how it communicates critical updates. It's a fairly standard setup for a closed-end fund, relying heavily on established market infrastructure.

The primary venue for share purchase and sale is the NASDAQ Global Select Market, where the common stock trades under the ticker BANX. This is the main public access point for investors wanting to buy or sell ownership in ArrowMark Financial Corp. As of early December 2025, the market capitalization stood at approximately $154.13M. Trading activity varies; for instance, on December 3, 2025, the volume was 7,675 shares, though the average volume is closer to 13,476 shares. The stock has seen a 52-week range between a low of $17.99 and a high of $23.67. The company is committed to its distribution objective, declaring a regular cash distribution of $0.45 per share for the third quarter of 2025, with an annualized dividend rate of $1.80, translating to a current yield of about 8.39% based on recent trading prices. The estimated Net Asset Value (NAV) as of October 31, 2025, was reported at $22.41 per share. That's the core market channel right there.

For distribution and investor servicing, ArrowMark Financial Corp. uses a network of financial professionals. While the fund is managed by ArrowMark Asset Management, LLC, the secondary market services are handled by Destra Capital Advisors LLC. This means that brokerage platforms and financial advisors access the shares through established custodial and clearing channels, often facilitated by Destra Capital Advisors LLC, which can be reached at 877-855-3434. To give you a sense of recent institutional flow, as of the January 31, 2025 NAV report, 12 institutional investors had added shares in the preceding quarter, while 15 had decreased their positions.

Transparency and regulatory compliance are handled through a dedicated digital presence. You can find all the necessary regulatory filings, like the Annual Report and Proxy Statements, on the SEC's website at www.sec.gov, but also directly on the Corporate Investor Relations website, which is located at ir.arrowmarkfinancialcorp.com. This site is where the company posts its official communications. For example, the Semi-Annual Report for the period ending June 30, 2025, was filed on August 29, 2025. Also, the 2025 Proxy Statement, a 152.3 KB document, was made available on May 13, 2025. The fund also issues monthly updates; the estimated NAV for October 2025 was released on November 18, 2025.

Here's a quick look at the key data points related to these channels:

• Ticker Symbol on NASDAQ-GS: BANX
• Market Capitalization (Dec 2, 2025): $154.13M
• 52-Week Trading Range: $17.99 to $23.67
• Q3 2025 Regular Distribution: $0.45 per share
• Investor Relations Contact Phone: 877-855-3434
• Latest Semi-Annual Report Filing Date (June 30, 2025 data): August 29, 2025

The flow of information and the ability to trade are directly tied to these established financial plumbing systems. If onboarding takes 14+ days, churn risk rises, but for a listed fund, the market access is immediate, subject only to standard settlement times.

Channel Component	Key Metric/Data Point	Value as of Late 2025
Stock Exchange	Exchange Listing Tier	NASDAQ Global Select Market
Stock Exchange	Market Capitalization	$154.13M
Stock Exchange	Average Daily Trading Volume	13,476 shares
Brokerage/Advisors	Secondary Market Service Agent Contact	877-855-3434
Brokerage/Advisors	Institutional Position Changes (Recent Quarter)	12 added, 15 decreased
Investor Relations Website	Estimated NAV as of October 31, 2025	$22.41
Investor Relations Website	2025 Proxy Statement File Size	152.3 KB

Finance: draft 13-week cash view by Friday.

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Customer Segments

You're looking at the core group of investors ArrowMark Financial Corp. (BANX) targets with its closed-end fund structure, which is laser-focused on delivering current income.

The customer segments are defined by their pursuit of consistent, high cash flow from an investment vehicle that primarily targets the regulatory capital securities of financial institutions.

• - Income-seeking retail investors wanting high yield.
• - Financial professionals and portfolio managers.
• - Investors seeking fixed-income exposure with a unique asset class.

For the income-seeking retail investor, the appeal is the tangible cash payout. ArrowMark Financial Corp. has demonstrated its ability to generate income well above its regular payout, leading to special distributions. For instance, the Board declared a regular quarterly cash distribution of $0.45 per share and a special cash distribution of $0.40 per share for the third quarter 2025. This follows a Q2 2025 where net income was $0.57 per share, significantly exceeding the regular distribution amount. This consistent over-earning has been noted over the past four years.

The appeal to financial professionals and portfolio managers centers on the fund's specific mandate and its performance relative to broader benchmarks. The fund's investment objective is current income, with a lesser extent on capital appreciation. The fund's structure and focus on regulatory capital securities provide an alternative exposure that has shown resilience compared to broader equity markets.

The third segment is drawn to the unique asset class. ArrowMark Financial Corp. pursues its objective by investing primarily in regulatory capital securities of financial institutions. This is a niche area that offers a material premium to traditional markets, as evidenced by the portfolio composition from the end of 2024, which heavily weighted this asset class.

Here's a look at the fund's structure and recent income metrics that appeal to these segments:

Metric	Value as of Late 2025 or Latest Report	Reference Date/Period
Regular Quarterly Distribution (Per Share)	$0.45	Q3 2025 Declaration
Special Distribution (Per Share)	$0.40	Q3 2025 Declaration
Net Income (Per Share)	$0.57	Q2 2025
Estimated Net Asset Value (NAV) (Per Share)	$22.41	October 31, 2025
Share Price (Current)	$21.56	October 31, 2025
Premium/Discount to NAV	-2.04%	October 31, 2025
Total Investment Exposure	$221.406M	December 4, 2025

The focus on regulatory capital securities is central to the value proposition for investors seeking fixed-income exposure outside of typical corporate bonds. As of December 31, 2024, the portfolio breakdown showed this concentration:

• - Regulatory Capital Securities (Credit-Linked Notes): 85.2% of total investments.
• - Term Loans: 5.2%.
• - Structured Debt Security: 5.6%.
• - Trust Preferred and Preferred Securities: 0.9%.
• - Money Market (Short Term Investment): 3.1%.

The fund's total investment portfolio was $201.4 million based on total investments of $201.4 million at the end of 2024. The fund uses leverage, with regulatory leverage at $64.500M as of December 4, 2025, representing an effective leverage of 29.13%.

Finance: draft 13-week cash view by Friday.

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Cost Structure

You're looking at the costs ArrowMark Financial Corp. incurs to run its investment strategy, which is key to understanding the net return shareholders actually see. These expenses directly reduce the investment income generated from their portfolio of regulatory capital securities.

The primary cost components fall into management fees, financing costs, general operations, and public company compliance overhead.

Management and administrative fees are a significant, recurring cost. For the year ended December 31, 2024, the ratio of net operating expenses, excluding interest expense, to managed assets was reported at 4.29%. This figure aligns closely with the upper end of the range you mentioned for management and administrative fees, which you noted as being between 3.85% and 4.29%. The management fee component paid to ArrowMark Asset Management, LLC, was 2.39% per common share as of December 31, 2024.

Interest expense on borrowed funds, or leverage, is another major cost driver. As of December 4, 2025, ArrowMark Financial Corp. had Total Debt of $64.500 million, representing an Effective Leverage of 29.13%. The interest rate structure on their primary borrowing source, the revolving credit agreement, was noted as SOFR + 2.61% in a February 2025 filing, which impacts the interest expense component of the total cost structure. For the full year ended December 31, 2024, the Interest Expense ratio per common share was 2.80%.

Operating and professional service costs cover the day-to-day running of the fund, separate from the investment advisory fee. For the year ended December 31, 2024, the total operating expenses were $10.6 million against total investment income of $29.5 million. The component labeled Other Expenses per common share, which would include many administrative and professional costs, was 1.70% as of December 31, 2024. These costs include items like legal, audit, and transfer agent services; for instance, the transfer agent fee was noted as 0.19% in one analysis.

Costs related to being a publicly traded, SEC-registered fund are embedded within the operating expenses. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol BANX. Compliance with these registration and regulatory requirements inherently increases operating expenses. The fund files reports like the Semi-Annual Report for the period ending June 30, 2025, with the SEC.

Here's a quick look at the most recent concrete expense and leverage data we have:

Expense/Metric Category	Specific Value/Rate	Date/Period Reference
Management Fees (Per Common Share)	2.39%	As of 12/31/2024
Other Expenses (Per Common Share)	1.70%	As of 12/31/2024
Interest Expense (Per Common Share)	2.80%	As of 12/31/2024
Total Expense Ratio (Per Common Share)	6.90%	As of 12/31/2024
Net Operating Expenses (Excl. Interest) to Assets	4.29%	As of 12/31/2024
Total Debt (Leverage)	$64.500 million	As of 12/4/2025
Effective Leverage Percentage	29.13%	As of 12/4/2025
Total Operating Expenses	$10.6 million	Year Ended 12/31/2024

The total expense ratio, which includes management fees, other expenses, and interest expense, was 6.90% as of the end of 2024. Honestly, that total figure is what really matters when you look at the gross investment income.

You should check the Q3 2025 filing when it drops to see if the Interest Expense component has shifted significantly due to SOFR changes, as that leverage cost is variable. Finance: draft 13-week cash view by Friday.

ArrowMark Financial Corp. (BANX) - Canvas Business Model: Revenue Streams

You're looking at the core drivers of ArrowMark Financial Corp. (BANX) earnings, which, as a closed-end fund, are almost entirely derived from its investment portfolio. The business model centers on generating high current income from its specialized holdings.

The primary revenue streams for ArrowMark Financial Corp. are:

• - Investment income from interest and dividends on portfolio securities.
• - Net realized and unrealized gains from investment portfolio.

The focus on current income is evident in the portfolio's characteristics. For instance, the Q2 2025 portfolio investment yield increased to 13.2% from approximately 9.6% (Q4 2019). This high yield is the engine for the interest and dividend component of revenue.

Net income per share was $0.57 in Q2 2025, a defintely strong income stream. This performance significantly exceeded the regular quarterly distribution declared for Q3 2025, which was $0.45 per share, plus a special distribution of $0.40 per share. The Q1 2025 net income was even higher at $0.58 per share. This consistent over-earning of the distribution rate over the past four years shows the income generated from the portfolio is robust enough to cover payouts and build retained earnings.

Here's a look at the key income metrics and distributions that define these revenue streams as of late 2025:

Revenue Component Metric	Value (Per Share or Rate)	Period/Date
Net Income Per Share	$0.57	Q2 2025
Net Income Per Share (Prior Quarter)	$0.58	Q1 2025
Regular Quarterly Distribution Declared	$0.45	Q3 2025
Special Distribution Declared	$0.40	Q3 2025 (Payable Dec 10, 2025)
Portfolio Investment Yield	13.2%	Q2 2025
Estimated NAV Per Share	$22.41	October 31, 2025

The fund pursues its objective by investing primarily in regulatory capital securities of financial institutions. This specialized focus is what drives the high interest and dividend income.

The relationship between the income generated and the distributions paid highlights the strength of the revenue base:

• The Q2 2025 net income of $0.57 per share well exceeded the regular quarterly distribution of $0.45 per share.
• The Q1 2025 net income of $0.58 per share also exceeded the Q2 distribution amount of $0.45 per share.
• The fund has consistently over-earned its quarterly distribution rate for the past four years.
• The portfolio is meaningfully exposed to floating rate assets, approximately 83%, which positions it to benefit from the elevated interest rate environment.

While specific dollar amounts for total interest/dividends versus total realized/unrealized gains for Q2 2025 aren't explicitly itemized in the press releases, the net income figure of $0.57 per share is the sum of these components, net of expenses. Also, distributions from net investment income are declared and paid quarterly, while capital gain distributions are declared and paid at least annually.