Stock fact sheet · data as of
ArrowMark Financial Corp. (BANX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is BANX undervalued?
ArrowMark Financial Corp. (BANX) closed at 20.02 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 34.15, which puts the price 41% below it. 7 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
There is a wide gap between GLS Growth (12.34) and Graham Growth (79.45). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files BANX under High Yield Income: a dividend yield above 4%.
Nine valuation models for BANX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 32.75 | +64% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 25.62 | +28% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 79.45 | +297% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 34.72 | +73% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 12.34 | -38% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 36.64 | +83% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 42.45 | +112% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 27.96 | +40% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 15.43 | -23% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -2.55 | -113% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
ArrowMark Financial Corp. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 4.1/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 9.1%, ROE 10.4%, ROA 8.8% - with debt at 0.15 times equity and a free-cash-flow yield of 9.2%.
The dividend yield is high at 9.49% (payout ratio 136%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 2/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 9.1% |
|---|---|---|---|
| GLS Moat | 4.1 / 10 | ROE | 10.4% |
| Debt / equity | 0.15 | ROA | 8.8% |
| Free-cash-flow yield | 9.2% | Payout ratio | 136% |
| Institutions | 2 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 57: Fair
A Wheel Score of 57 puts ArrowMark Financial Corp. in the Fair band - below the 70 the Sunday Scan requires. Value 25/25, Health 9/20, Moat 6/15, Premium 11/20 and Stability 6/20; the weakest part is Stability (6/20).
Implied volatility is 26% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (11 of 20 points). Chain open interest is thin - 1,009 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 19k shares a day on a market cap of $194M, with a beta of 0.29 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 41% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 6 / 15 | moat 4.1/10 | |
| Premium | 11 / 20 | implied volatility 26% | |
| Stability | 6 / 20 | 19k shares/day, $194M cap, beta 0.29 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BANX in the nightly calendar. The shares go ex-dividend on 23 Oct 2026 (0.1500 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to ArrowMark Financial Corp. by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| GGT Gabelli Multimedia Trust Inc. | 3.93 | 19.27 | +80% | 39No options | $194M |
| AHTPX American Beacon AHL TargetRisk Fund - Investor Class | 11.21 | 15.69 | +29% | 39No options | $195M |
| VPV Invesco Pennsylvania Value Municipal Income Trust | 10.97 | 9.74 | -13% | 36No options | $196M |
| SILVX SGI U.S. Large Cap Equity Fund Class I | 20.04 | 11.72 | -71% | 23No options | $191M |
| RRGAX DWS RREEF Global Real Estate Securities Fund - Class A | 7.34 | 10.98 | +33% | 39No options | $190M |
| PRIHX T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc. | 9.58 | 23.71 | +60% | 39No options | $200M |
| SCM Stellus Capital Investment Corporation | 7.05 | 4,324,121.34 | +100% | 70Good | $201M |
| FIFNX Fidelity Founders Fund | 27.65 | 4.92 | -462% | 20No options | $202M |
| GMSAX Goldman Sachs Managed Futures Strategy Fund | 10.14 | 26.60 | +62% | 39No options | $203M |
| ASMOX AQR Small Cap Momentum Style Fund Class I | 24.22 | 15,107.60 | +100% | 39No options | $185M |
| IDE Voya Infrastructure, Industrials and Materials Fund | 12.21 | 17.66 | +31% | 39No options | $185M |
| SRV NXG Cushing Midstream Energy Fund | 43.85 | 124.29 | +65% | 39No options | $205M |
⚖ Compare BANX with 7 of them All Financial Services stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BANX
Is BANX undervalued right now?
By the GLS models, yes: at 20.02 the stock is 41% below the average fair value of 34.15 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of BANX and what does it mean?
BANX scores 57 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for BANX?
34.15 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does ArrowMark Financial Corp. report earnings next?
No upcoming earnings date is recorded for BANX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BANX have listed options, and how liquid are they?
Yes. The nightly snapshot found 96 listed contracts with 1,009 open interest across all expiries and implied volatility of 26% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.