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ArrowMark Financial (ArrowMark Financial) Book Value per Share : $21.43 (As of Dec. 2023)


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What is ArrowMark Financial Book Value per Share?

ArrowMark Financial's book value per share for the quarter that ended in Dec. 2023 was $21.43.

During the past 12 months, ArrowMark Financial's average Book Value Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of ArrowMark Financial was 0.90% per year. The lowest was -2.70% per year. And the median was -0.30% per year.

ArrowMark Financial's current price is $18.12. Its book value per share for the quarter that ended in Dec. 2023 was $21.43. Hence, today's PB Ratio of ArrowMark Financial is 0.85.

During the past 11 years, the highest P/B Ratio of ArrowMark Financial was 0.94. The lowest was 0.71. And the median was 0.85.

Good Sign:

ArrowMark Financial Corp stock PB Ratio (=0.85) is close to 1-year low of 0.77


ArrowMark Financial Book Value per Share Historical Data

The historical data trend for ArrowMark Financial's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ArrowMark Financial Book Value per Share Chart

ArrowMark Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.83 21.44 21.70 20.79 21.43

ArrowMark Financial Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.94 20.74 20.79 21.29 21.43

Competitive Comparison of ArrowMark Financial's Book Value per Share

For the Asset Management subindustry, ArrowMark Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ArrowMark Financial's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ArrowMark Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where ArrowMark Financial's PB Ratio falls into.



ArrowMark Financial Book Value per Share Calculation

ArrowMark Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(152.44-0.00)/7.11
=21.43

ArrowMark Financial's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(152.44-0.00)/7.11
=21.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


ArrowMark Financial  (NAS:BANX) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


ArrowMark Financial Book Value per Share Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial (ArrowMark Financial) Business Description

Traded in Other Exchanges
N/A
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investment in various portfolios such as debt securities, trust preferred securities, preferred shares of credit securitization, preferred securities, convertible preferred stock, exchange-traded fund, limited partnership interest, and money market fund.
Executives
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Dana Staggs officer: President C/O ARROWMARK FINANCIAL CORP., 340 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10173
Guy M Arnold director 518 17TH STREET, STE 1700, DENVER CO 80202
Patrick Joseph Farrell officer: Chief Financial Officer 152 WEST 57TH STREET, NEW YORK NY 10019
Sanjai Bhonsle director, officer: CEO C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Richard Allen Grove officer: Chief Compliance Officer 518 17TH STREET, 17TH FLOOR, DENVER CO 80202
Michael Stolper director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Karen Reidy director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Praag Michael Van director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
S David Lentinello officer: Controller 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Joshua S. Siegel director, 10 percent owner, officer: Chief Executive Officer 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Clara Miller director STONECASTLE FINANCIAL CORP, 152 WEST 57TH STREET, 35TH FL., NEW YORK NY 10019
George Shilowitz director, 10 percent owner, officer: President 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Emil Henry director HENRY, TIGER LLC, 717 5TH AVE, FLOOR 12-A, NEW YORK NY 10022
Rachel Schatten officer: See Remarks 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019

ArrowMark Financial (ArrowMark Financial) Headlines

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