Arrowmark Financial Corp

Company Profile

Arrowmark Financial Corp had its IPO on 2013-11-07 under the ticker symbol BANX.

The company operates in the Financial Services sector and Asset Management industry. Arrowmark Financial Corp has a staff strength of 0 employees.

Stock update

Shares of Arrowmark Financial Corp opened at $16.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.75 - $17.48, and closed at $17.39.

This is a +4.7% increase from the previous day's closing price.

A total volume of 39,736 shares were traded at the close of the day’s session.

In the last one week, shares of Arrowmark Financial Corp have increased by +4.07%.

Arrowmark Financial Corp's Key Ratios

Arrowmark Financial Corp has a market cap of $124.36 million, indicating a price to book ratio of 0.834 and a price to sales ratio of 6.2738.

In the last 12-months Arrowmark Financial Corp’s revenue was $21.53 million with a gross profit of $21.53 million and an EBITDA of $0. The EBITDA ratio measures Arrowmark Financial Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Arrowmark Financial Corp’s operating margin was 72.7% while its return on assets stood at 4.58% with a return of equity of 3.56%.

In Q3, Arrowmark Financial Corp’s quarterly earnings growth was a positive 67.8% while revenue growth was a positive 42.4%.

Arrowmark Financial Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

22.7273

PEG

0

Its diluted EPS in the last 12-months stands at $0.77 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Arrowmark Financial Corp’s profitability.

Arrowmark Financial Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 6.2738.

Arrowmark Financial Corp stock pays annual dividends of $1.56 per share, indicating a yield of 9.2% and a payout ratio of 84.9%.

Balance sheet and cash flow metrics

Total Assets

$208.50 million

Total Liabilities

$3.53 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

84.9%

Arrowmark Financial Corp ended 2024 with $208.50 million in total assets and $0 in total liabilities. Its intangible assets were valued at $208.50 million while shareholder equity stood at $147.66 million.

Arrowmark Financial Corp ended 2024 with $0 in deferred long-term liabilities, $3.53 million in other current liabilities, 7103.00 in common stock, $-8825243.00 in retained earnings and $0 in goodwill. Its cash balance stood at $369655.00 and cash and short-term investments were $369655.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Arrowmark Financial Corp’s total current assets stands at $3.62 million while long-term investments were $203.64 million and short-term investments were $0. Its net receivables were $3.25 million compared to accounts payable of $3.53 million and inventory worth $0.

In 2024, Arrowmark Financial Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Arrowmark Financial Corp paid $0.85 in dividends in 2024.

Other key metrics

Current Trading Price

$17.39

52-Week High

$19.26

52-Week Low

$13.8

Analyst Target Price

$22

Arrowmark Financial Corp stock is currently trading at $17.39 per share. It touched a 52-week high of $19.26 and a 52-week low of $19.26. Analysts tracking the stock have a 12-month average target price of $22.

Its 50-day moving average was $16.66 and 200-day moving average was $16.83 The short ratio stood at 0.45 indicating a short percent outstanding of 0%.

Around 38.7% of the company’s stock are held by insiders while 2557.9% are held by institutions.