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AROW

AROW - Arrow Financial Corp Stock Price, Fair Value and News

22.87USD+0.20 (+0.88%)Delayed

Market Summary

AROW
USD22.87+0.20
Delayed
0.88%

AROW Stock Price

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AROW RSI Chart

AROW Valuation

Market Cap

378.6M

Price/Earnings (Trailing)

12.59

Price/Sales (Trailing)

2.33

EV/EBITDA

1.8

Price/Free Cashflow

28.04

AROW Price/Sales (Trailing)

AROW Profitability

EBT Margin

11.96%

Return on Equity

7.92%

Return on Assets

0.72%

Free Cashflow Yield

3.57%

AROW Fundamentals

AROW Revenue

Revenue (TTM)

162.6M

Rev. Growth (Yr)

23.45%

Rev. Growth (Qtr)

5.24%

AROW Earnings

Earnings (TTM)

30.1M

Earnings Growth (Yr)

-36.1%

Earnings Growth (Qtr)

-0.26%

Breaking Down AROW Revenue

Last 7 days

0.4%

Last 30 days

-8.1%

Last 90 days

-14.3%

Trailing 12 Months

5.0%

How does AROW drawdown profile look like?

AROW Financial Health

AROW Investor Care

Dividend Yield

4.64%

Dividend/Share (TTM)

1.06

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

1.77

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023136.8M146.2M154.1M162.6M
2022116.8M117.7M122.1M129.7M
2021111.4M113.1M115.6M115.5M
2020111.8M112.5M111.9M111.9M
2019100.3M103.9M107.4M109.8M
201887.1M89.7M92.6M96.5M
201778.3M80.0M82.3M84.7M
201672.4M74.2M75.7M76.9M
201567.6M68.3M69.4M70.7M
201464.4M65.3M66.2M66.9M
201367.4M65.7M64.4M64.1M
201274.8M72.8M71.0M69.4M
201183.2M81.1M79.1M76.8M
2010086.2M85.6M85.0M
200900086.9M
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Arrow Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 10, 2024
dake gary c
acquired
19,636
22.39
877
-
Apr 10, 2024
casaccio tenee r
acquired
9,493
22.39
424
-
Apr 10, 2024
read colin l
acquired
9,806
22.39
438
-
Apr 10, 2024
champion gregory j
acquired
9,067
22.39
405
-
Apr 10, 2024
kruczlnicki david g
acquired
10,008
22.39
447
-
Apr 10, 2024
behan mark
acquired
8,866
22.39
396
-
Apr 10, 2024
o'conor raymond f
acquired
9,493
22.39
424
-
Apr 10, 2024
owens william l
acquired
12,628
22.39
564
-
Apr 10, 2024
miller elizabeth
acquired
18,135
22.39
810
-
Feb 07, 2024
dake gary c
bought
47,460
23.73
2,000
-

1–10 of 50

Which funds bought or sold AROW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Allworth Financial LP
sold off
-100
-2,152
-
 -%
Apr 25, 2024
SIMPLEX TRADING, LLC
reduced
-12.58
-2,000
6,000
 -%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-2.17
-408,835
2,889,750
 -%
Apr 25, 2024
nVerses Capital, LLC
new
-
12,510
12,510
 0.03%
Apr 24, 2024
NBT BANK N A /NY
unchanged
-
-34,392
294,685
 0.02%
Apr 23, 2024
AMALGAMATED BANK
reduced
-60.99
-23,000
13,000
 -%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
-788
23,219
 -%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
85,118
217,792
 -%
Apr 18, 2024
McGlone Suttner Wealth Management, Inc.
sold off
-100
-53,170
-
 -%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
-50.00
425
 -%

1–10 of 49

Are Funds Buying or Selling AROW?

Are funds buying AROW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AROW
No. of Funds

Unveiling Arrow Financial Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 26, 2024
blackrock inc.
7.4%
1,254,712
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
1,195,975
SC 13G/A
Feb 09, 2022
vanguard group inc
4.44%
712,123
SC 13G/A
Feb 01, 2022
blackrock inc.
7.0%
1,120,558
SC 13G/A
Feb 10, 2021
vanguard group inc
5.03%
779,459
SC 13G
Jan 29, 2021
blackrock inc.
7.3%
1,125,509
SC 13G/A
Feb 05, 2020
blackrock inc.
7.4%
1,104,280
SC 13G/A

Recent SEC filings of Arrow Financial Corp

View All Filings
Date Filed Form Type Document
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading

Peers (Alternatives to Arrow Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
JPM
557.3B
171.1B
 -3.02% 41.18%
11.25
3.26
 60.72% 31.52%
BAC
297.7B
130.3B
 - 30.88%
11.23
2.29
 79.51% -3.68%
WFC
214.3B
85.7B
 3.98% 51.03%
11.19
2.5
 41.49% 39.96%
C
119.7B
133.3B
 -0.18% 34.65%
12.97
0.9
 79.09% -
CFG
16.1B
10.2B
 -1.93% 16.75%
10.02
1.58
 44.53% -22.43%
KEY
13.7B
7.9B
 -6.07% 34.16%
14.19
1.73
 46.47% -49.56%
MID-CAP
CMA
6.9B
4.2B
 -4.02% 25.94%
9.92
1.62
 34.68% -45.96%
ZION
6.2B
3.9B
 -3.20% 57.15%
9.1
1.57
 45.91% -25.03%
ABCB
3.3B
1.3B
 -0.60% 41.74%
12.27
2.58
 43.24% -22.35%
ASB
3.3B
2.0B
 1.46% 20.10%
17.81
1.66
 70.97% -50.03%
SMALL-CAP
AMNB
497.6M
120.2M
 6.68% 49.76%
19.02
4.14
 45.65% -13.98%
ALRS
400.7M
164.9M
 -6.54% 37.44%
34.26
2.43
 42.66% -70.76%
AROW
378.6M
162.6M
 -8.08% 4.96%
12.59
2.33
 25.39% -38.37%
ACNB
280.5M
96.6M
 -10.60% 4.96%
8.85
2.9
 11.02% -11.37%
ASRV
45.1M
60.9M
 -2.95% -12.04%
-13.48
0.74
 24.06% -144.92%

Arrow Financial Corp News

Latest updates
Yahoo Finance • 2 months ago
New Strong Sell Stocks for February 14th
Yahoo Finance • 2 months ago
Why Arrow Financial (AROW) is a Top Dividend Stock for Your Portfolio
Quartz • 2 months ago
Arrow Financial: Q4 Earnings Snapshot
The Motley Fool • 6 months ago
Why Arrow Financial Stock Is Shooting Higher This Week
PR Newswire • 8 months ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Arrow ...
Business Wire • 10 months ago
ARROW ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Arrow ...
The Post Star • 11 months ago
New Arrow Financial CEO: 'We are strong'
Sure Dividend • 11 months ago
2023 Dividend Growth Stocks List | Dividend Streaks Up To 68 Years
Yahoo Movies Canada • 2 years ago
Arrow Financial (AROW) Beats Q1 Earnings and Revenue Estimates
Yahoo News • 2 years ago
Arrow Financial (AROW) Misses Q4 Earnings and Revenue Estimates

Arrow Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.2%44.0042.0040.0036.0036.0034.0031.0029.0028.0030.0030.0028.0028.0027.0028.0028.0028.0028.0027.0026.0026.00
EBITDA Margin-8.1%0.81*0.88*0.97*1.06*1.12*1.13*1.15*1.16*1.15*1.16*1.14*1.13*1.09*--------
Interest Expenses1.0%26.0025.0026.0028.0031.0031.0029.0028.0027.0029.0028.0026.0026.0025.0025.0023.0023.0022.0022.0021.0022.00
Income Taxes-9.2%2.002.002.002.003.003.004.004.003.004.004.003.004.003.003.002.003.003.002.002.002.00
EBT Margin-1.4%0.12*0.12*0.13*0.14*0.14*0.12*0.13*0.13*0.13*0.14*0.14*0.14*0.14*--------
Net Income-0.3%8.008.006.009.0012.0012.0012.0013.0010.0013.0013.0013.0012.0011.009.008.0010.0010.009.009.009.00
Net Income Margin-17.2%0.19*0.22*0.27*0.33*0.38*0.39*0.41*0.42*0.43*0.45*0.44*0.41*0.36*--------
Free Cashflow-272.9%-16.9310.0010.0011.008.0013.0011.0014.009.0014.0019.0019.0013.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-2.4%4,1704,2734,1044,1153,9704,2333,9914,1564,0284,0713,8963,9043,6893,7783,5473,2913,1843,1133,0062,9852,988
    Cash Equivalents-51.6%14329517420365.0037321748845859847845238145125313970.0092.0063.0061.0084.00
  Net PPE-55.00---52.00----44.0043.0043.0043.0042.0041.0041.0041.0040.0039.0035.0030.00
  Goodwill0%22.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.00
Liabilities-3.1%3,7903,9133,7423,7513,6163,8873,6353,7993,6573,7113,5433,5613,3543,4523,2292,9822,8832,8212,7212,7082,719
  Short Term Borrowings-27.00---55.00----------------
Shareholder's Equity5.5%380360361363354346356357371360353342334326318309302292285277270
  Retained Earnings5.0%66.0063.0071.0069.0065.0058.0070.0062.0054.0048.0060.0051.0042.0033.0043.0037.0033.0027.0039.0034.0029.00
  Additional Paid-In Capital0.0%413412401401400399379379378377355354354353337336335335316315315
Shares Outstanding-0.1%17.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.00--------
Float---333---509---558---447---503--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-245.7%-16,31911,20012,47913,22011,50317,52613,91516,76912,49415,61919,97420,11914,75111,7072,73013,12611,22011,63310,36010,7318,379
  Share Based Compensation-67.4%88.0027012512211311411411010410310310410510610610399.0098.0099.0095.0089.00
Cashflow From Investing96.5%-1,826-52,339-22,742-5,743-49,569-106,972-110,354-126,167-92,104-57,34528,608-153,76110,485-33,533-132,200-32,069-91,756-76,283-15,741-8,451-46,160
Cashflow From Financing-182.6%-134,058162,277-19,608131,335-270,703245,621-173,885139,280-61,060161,864-22,561204,858-94,911219,222244,21187,25158,45994,2536,847-25,29029,725
  Buy Backs-2,760--8481511085202,09329.002,443190-7.0064.00-1,5071013276491,392275

AROW Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST AND DIVIDEND INCOME   
Interest and Fees on Loans$ 142,016$ 112,982$ 104,985
Interest on Deposits at Banks5,8313,100565
Interest and Dividends on Investment Securities:   
Fully Taxable11,76410,3576,487
Exempt from Federal Taxes2,9533,2123,513
Total Interest and Dividend Income162,564129,651115,550
INTEREST EXPENSE   
Interest-Bearing Checking Accounts3,663973731
Savings Deposits34,3437,8791,904
Time Deposits over $250,0004,966369261
Other Time Deposits7,127604632
Borrowings6,756605786
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts686685686
Interest on Financing Leases191193195
Total Interest Expense57,73211,3085,195
NET INTEREST INCOME104,832118,343110,355
Provision for Credit Losses3,3814,798272
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES101,451113,545110,083
NONINTEREST INCOME   
Insurance Commissions6,4986,4636,487
Net (Loss) Gain on Securities(92)427111
Net Gain on Sales of Loans32832,393
Other Operating Income2,4372,5881,774
Total Noninterest Income29,11730,89832,369
NONINTEREST EXPENSE   
Salaries and Employee Benefits47,66747,00344,798
Occupancy Expenses, Net6,5546,2025,814
Technology and Equipment Expense17,60816,11814,870
FDIC Assessments2,0501,1761,042
Other Operating Expense19,16911,03111,524
Total Noninterest Expense93,04881,53078,048
Total before tax37,52062,91364,404
Provision for Income Taxes7,44514,11414,547
NET INCOME$ 30,075$ 48,799$ 49,857
Average Shares Outstanding:   
Basic (in shares)[1]17,03717,00816,994
Diluted (in shares)[1]17,03717,05917,052
Per Common Share:   
Basic Earnings (in dollars per share)[1]$ 1.77$ 2.86$ 2.93
Diluted Earnings (in dollars per share)[1]$ 1.77$ 2.86$ 2.92
Income From Fiduciary Activities   
NONINTEREST INCOME   
Revenue from contract with customer$ 9,444$ 9,711$ 10,142
Fees for Other Services to Customers   
NONINTEREST INCOME   
Revenue from contract with customer$ 10,798$ 11,626$ 11,462
[1]
Share and Per Share Amounts have been restated for the September 26, 2023 3% stock dividend.

AROW Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and Due From Banks$ 36,755$ 31,886
Interest-Bearing Deposits at Banks105,78132,774
Investment Securities:  
Available-for-Sale497,769573,495
Held-to-Maturity (Approximate Fair Value of $128,837 at December 31, 2023, and $171,623 at December 31, 2022)131,395175,364
Equity Securities1,9252,174
Other Investments5,0496,064
Total3,212,9082,983,207
Allowance for Credit Losses(31,265)(29,952)
Net Loans3,181,6432,953,255
Premises and Equipment, Net59,64256,491
Goodwill21,87321,873
Other Intangible Assets, Net1,1101,500
Other Assets126,926114,633
Total Assets4,169,8683,969,509
LIABILITIES  
Noninterest-Bearing Deposits758,425836,871
Interest-Bearing Checking Accounts799,785997,694
Savings Deposits1,466,2801,454,364
Time Deposits over $250,000179,30176,224
Other Time Deposits483,775133,211
Total Deposits3,687,5663,498,364
Borrowings26,50054,800
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts20,00020,000
Finance Leases5,0665,119
Other Liabilities50,96437,688
Total Liabilities3,790,0963,615,971
STOCKHOLDERS’ EQUITY  
Preferred Stock, $1 Par Value, 1,000,000 Shares Authorized00
Common Stock, $1 Par Value; 30,000,000 Shares Authorized (22,066,559 Shares Issued at December 31, 2023, and 21,423,992 Shares Issued at December 31, 2022)22,06721,424
Additional Paid-in Capital412,551400,270
Retained Earnings65,79265,401
Accumulated Other Comprehensive Loss(33,416)(49,655)
Treasury Stock, at Cost (5,124,073 Shares at December 31, 2023, and 4,872,355 Shares at December 31, 2022)(87,222)(83,902)
Total Stockholders’ Equity379,772353,538
Total Liabilities and Stockholders’ Equity$ 4,169,868$ 3,969,509

About Arrow Financial Corp

AROW
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.
 CEO
 WEBSITEarrowfinancial.com
 INDUSTRYBanks Diversified
 EMPLOYEES502

Arrow Financial Corp Frequently Asked Questions

What is the ticker symbol for Arrow Financial Corp? What does AROW stand for in stocks?

AROW is the stock ticker symbol of Arrow Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Arrow Financial Corp (AROW)?

As of Fri Apr 26 2024, market cap of Arrow Financial Corp is 378.57 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AROW stock?

You can check AROW's fair value in chart for subscribers.

What is the fair value of AROW stock?

You can check AROW's fair value in chart for subscribers. The fair value of Arrow Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Arrow Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AROW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Arrow Financial Corp a good stock to buy?

The fair value guage provides a quick view whether AROW is over valued or under valued. Whether Arrow Financial Corp is cheap or expensive depends on the assumptions which impact Arrow Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AROW.

What is Arrow Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, AROW's PE ratio (Price to Earnings) is 12.59 and Price to Sales (PS) ratio is 2.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AROW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Arrow Financial Corp's stock?

In the past 10 years, Arrow Financial Corp has provided 0.015 (multiply by 100 for percentage) rate of return.