ArrowMark Financial Corp.

ArrowMark Financial Corp.verified

BANX

Price:

$21.01

Market Cap:

$149.57M

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, fina...[Read more]

Industry

Asset Management

IPO Date

2013-11-07

Stock Exchange

NASDAQ

Ticker

BANX

The Current Ratio as of November 2024 (TTM) for ArrowMark Financial Corp. (BANX) is 1.28

According to ArrowMark Financial Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -94.74% compared to the average of 24.32 of the last 4 quarters.

ArrowMark Financial Corp. (BANX) Historical Current Ratio (quarterly & annually)

How has BANX Current Ratio performed in the past?

The mean historical Current Ratio of ArrowMark Financial Corp. over the last ten years is 0.98. The current 1.28 Current Ratio has changed 12.95% with respect to the historical average. Over the past ten years (40 quarters), BANX's Current Ratio was at its highest in in the March 2022 quarter at 805.40. The Current Ratio was at its lowest in in the September 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.98

Median

0.75

Minimum

0

Maximum

2.41

ArrowMark Financial Corp. (BANX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ArrowMark Financial Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 424.31%

Maximum Annual Current Ratio = 2.41

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20221.0335.96%
20210.75-68.70%
20202.41235.32%
20190.72-60.36%
20181.81142.01%
20170.75-45.88%
20161.38424.31%
20150.26-61.00%
20140.68-98.87%

ArrowMark Financial Corp. (BANX) Average Current Ratio

How has BANX Current Ratio performed in the past?

The current Current Ratio of ArrowMark Financial Corp. (BANX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.59

5-year avg

0.98

10-year avg

0.98

ArrowMark Financial Corp. (BANX) Current Ratio vs. Peers

How is BANX’s Current Ratio compared to its peers?

ArrowMark Financial Corp.’s Current Ratio is greater than Brookfield Business Corporation (0.63), less than Elysee Development Corp. (290.31), greater than DWS Municipal Income Trust (0.52), greater than BlackRock MuniVest Fund II, Inc. (0.27), less than MFS Special Value Trust (5.51), greater than Abrdn Emerging Markets Equity Income Fund Inc (0), less than AssetMark Financial Holdings, Inc. (3.27), greater than BlackRock Municipal Income Fund, Inc. (0.03), greater than BlackRock MuniYield Fund, Inc. (0.30), less than BrightSphere Investment Group Inc. (0), greater than Focus Financial Partners Inc. (0), greater than Avantax, Inc. (0.21), less than Virtus Convertible & Income 2024 Target Term Fund (2.07), less than BlackRock MuniHoldings Fund, Inc. (2.04), greater than null (0.31),

Build a custom stock screener for ArrowMark Financial Corp. (BANX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like ArrowMark Financial Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

ArrowMark Financial Corp. (BANX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like ArrowMark Financial Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is ArrowMark Financial Corp.'s Current Ratio?

How is the Current Ratio calculated for ArrowMark Financial Corp. (BANX)?

What is the highest Current Ratio for ArrowMark Financial Corp. (BANX)?

What is the 3-year average Current Ratio for ArrowMark Financial Corp. (BANX)?

What is the 5-year average Current Ratio for ArrowMark Financial Corp. (BANX)?

How does the current Current Ratio for ArrowMark Financial Corp. (BANX) compare to its historical average?