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

25.02USD+0.15 (+0.60%)Delayed as of 17 May 2024, 11:56 am ET

Market Summary

USD25.02+0.15

Delayedas of 17 May 2024, 11:56 am

0.60%

AROW Alerts

Big jump in Revenue (Y/Y)

AROW Stock Price

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AROW RSI Chart

AROW Valuation

Market Cap

415.3M

Price/Earnings (Trailing)

14.24

Price/Sales (Trailing)

2.4

EV/EBITDA

1.03

Price/Free Cashflow

34.3

AROW Price/Sales (Trailing)

AROW Profitability

EBT Margin

11.23%

Return on Equity

7.72%

Return on Assets

0.67%

Free Cashflow Yield

2.92%

AROW Fundamentals

AROW Revenue

Revenue (TTM)

173.1M

Rev. Growth (Yr)

29.26%

Rev. Growth (Qtr)

5.31%

AROW Earnings

Earnings (TTM)

29.2M

Earnings Growth (Yr)

-10.53%

Earnings Growth (Qtr)

-0.82%

Breaking Down AROW Revenue

52 Week Range

25.09

(Low)(High)

Last 7 days

2.8%

Last 30 days

13.5%

Last 90 days

1.4%

Trailing 12 Months

27.1%

How does AROW drawdown profile look like?

AROW Financial Health

AROW Investor Care

Dividend Yield

4.29%

Dividend/Share (TTM)

1.07

Buy Backs (1Y)

2.06%

Diluted EPS (TTM)

1.72

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	173.1M	0	0	0
2023	136.8M	146.2M	154.1M	162.6M
2022	116.8M	117.7M	122.1M	129.7M
2021	111.4M	113.1M	115.6M	115.5M
2020	111.8M	112.5M	111.9M	111.9M
2019	100.3M	103.9M	107.4M	109.8M
2018	87.1M	89.7M	92.6M	96.5M
2017	78.3M	80.0M	82.3M	84.7M
2016	72.4M	74.2M	75.7M	76.9M
2015	67.6M	68.3M	69.4M	70.7M
2014	64.4M	65.3M	66.2M	66.9M
2013	67.4M	65.7M	64.4M	64.1M
2012	74.8M	72.8M	71.0M	69.4M
2011	83.2M	81.1M	79.1M	76.8M
2010	0	86.2M	85.6M	85.0M
2009	0	0	0	86.9M

Get all data in R, Python etc through our Historical Stock Data APIs

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

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Tracking the Latest Insider Buys and Sells of Arrow Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold AROW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	sold off	-100	-247,689	-	-%
May 15, 2024	STATE STREET CORP	added	0.63	-1,033,970	9,425,260	-%
May 15, 2024	DEUTSCHE BANK AG\	unchanged	-	-18,644	159,753	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	reduced	-7.94	-152,000	710,000	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-49.99	-518,061	420,136	-%
May 15, 2024	MORGAN STANLEY	reduced	-15.79	-1,485,750	4,556,630	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	sold off	-100	-475,000	-	-%
May 15, 2024	Aquatic Capital Management LLC	added	42.86	5,020	25,020	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	reduced	-41.74	-182,000	198,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-42.88	-363,695	380,878	-%

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

AROW Alerts

Big jump in Revenue (Y/Y)

Unveiling Arrow Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 10, 2024	10-Q	Quarterly Report
May 10, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	3	Insider Trading
Apr 29, 2024	3	Insider Trading
Apr 29, 2024	3	Insider Trading
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 11, 2024	4	Insider Trading

Peers (Alternatives to Arrow Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

Arrow Financial Corp News

Latest updates

Arrow Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	5.3%	47.00	44.00	42.00	40.00	36.00	36.00	34.00	31.00	29.00	28.00	30.00	30.00	28.00	28.00	27.00	28.00	28.00	28.00	28.00	27.00	26.00
EBITDA Margin	-7.5%	0.75*	0.81*	0.88*	0.97*	1.06*	1.12*	1.13*	1.15*	1.16*	1.15*	1.16*	1.14*	1.13*	-	-	-	-	-	-	-	-
Interest Expenses	3.3%	26.00	26.00	25.00	26.00	28.00	31.00	31.00	29.00	28.00	27.00	29.00	28.00	26.00	26.00	25.00	25.00	23.00	23.00	22.00	22.00	21.00
Income Taxes	22.0%	2.00	2.00	2.00	2.00	2.00	3.00	3.00	4.00	4.00	3.00	4.00	4.00	3.00	4.00	3.00	3.00	2.00	3.00	3.00	2.00	2.00
EBT Margin	-6.1%	0.11*	0.12*	0.12*	0.13*	0.14*	0.14*	0.12*	0.13*	0.13*	0.13*	0.14*	0.14*	0.14*	-	-	-	-	-	-	-	-
Net Income	-0.8%	8.00	8.00	8.00	6.00	9.00	12.00	12.00	12.00	13.00	10.00	13.00	13.00	13.00	12.00	11.00	9.00	8.00	10.00	10.00	9.00	9.00
Net Income Margin	-8.9%	0.17*	0.19*	0.22*	0.27*	0.33*	0.38*	0.39*	0.41*	0.42*	0.43*	0.45*	0.44*	0.41*	-	-	-	-	-	-	-	-
Free Cashflow	154.3%	9.00	-16.93	10.00	10.00	11.00	8.00	13.00	11.00	14.00	9.00	14.00	19.00	19.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.9%	4,334	4,170	4,273	4,104	4,115	3,970	4,233	3,991	4,156	4,028	4,071	3,896	3,904	3,689	3,778	3,547	3,291	3,184	3,113	3,006	2,985
Cash Equivalents	98.2%	282	143	295	174	203	65.00	373	217	488	458	598	478	452	381	451	253	139	70.00	92.00	63.00	61.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	44.00	43.00	43.00	43.00	42.00	41.00	41.00	41.00	40.00	39.00	35.00
Goodwill	0%	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00
Liabilities	4.4%	3,956	3,790	3,913	3,742	3,751	3,616	3,887	3,635	3,799	3,657	3,711	3,543	3,561	3,354	3,452	3,229	2,982	2,883	2,821	2,721	2,708
Shareholder's Equity	-0.5%	378	380	360	361	363	354	346	356	357	371	360	353	342	334	326	318	309	302	292	285	277
Retained Earnings	4.7%	69.00	66.00	63.00	71.00	69.00	65.00	58.00	70.00	62.00	54.00	48.00	60.00	51.00	42.00	33.00	43.00	37.00	33.00	27.00	39.00	34.00
Additional Paid-In Capital	0.1%	413	413	412	401	401	400	399	379	379	378	377	355	354	354	353	337	336	335	335	316	315
Shares Outstanding	-1.0%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	333	-	-	-	509	-	-	-	558	-	-	-	447	-	-	-	503	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	163.4%	10,349	-16,319	11,200	12,479	13,220	11,503	17,526	13,915	16,769	12,494	15,619	19,974	20,119	14,751	11,707	2,730	13,126	11,220	11,633	10,360	10,731
Share Based Compensation	-5.7%	83.00	88.00	270	125	122	113	114	114	110	104	103	103	104	105	106	106	103	99.00	98.00	99.00	95.00
Cashflow From Investing	-1964.2%	-37,693	-1,826	-52,339	-22,742	-5,743	-49,569	-106,972	-110,354	-126,167	-92,104	-57,345	28,608	-153,761	10,485	-33,533	-132,200	-32,069	-91,756	-76,283	-15,741	-8,451
Cashflow From Financing	224.8%	167,273	-134,058	162,277	-19,608	131,335	-270,703	245,621	-173,885	139,280	-61,060	161,864	-22,561	204,858	-94,911	219,222	244,211	87,251	58,459	94,253	6,847	-25,290
Buy Backs	116.0%	5,961	2,760	-	-	848	151	108	520	2,093	29.00	2,443	190	-	7.00	64.00	-	1,507	101	327	649	1,392

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AROW Income Statement

2024-03-31

Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

INTEREST AND DIVIDEND INCOME

Interest and Fees on Loans

$ 40,376

$ 31,886

Interest on Deposits at Banks

2,447

479

Interest and Dividends on Investment Securities:

Fully Taxable

3,186

2,948

Exempt from Federal Taxes

668

797

Total Interest and Dividend Income

46,677

36,110

INTEREST EXPENSE

Interest-Bearing Checking Accounts

1,641

370

Savings Deposits

10,230

5,587

Time Deposits over $250,000

1,973

574

Other Time Deposits

5,083

474

Borrowings

1,076

793

Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts

171

169

Interest on Financing Leases

Total Interest Expense

20,222

8,016

NET INTEREST INCOME

26,455

28,094

Provision for Credit Losses

617

1,554

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

25,838

26,540

NON-INTEREST INCOME

Insurance Commissions

1,682

1,520

Net Gain (Loss) on Securities

(104)

Net Gain on Sales of Loans

Other Operating Income

1,155

387

Total Non-Interest Income

7,858

6,677

NON-INTEREST EXPENSE

Salaries and Employee Benefits

12,893

11,947

Occupancy Expenses, Net

1,771

1,628

Technology and Equipment Expense

4,820

4,417

FDIC Assessments

715

479

Other Operating Expense

3,813

3,825

Total Non-Interest Expense

24,012

22,296

INCOME BEFORE PROVISION FOR INCOME TAXES

9,684

10,921

Provision for Income Taxes

2,024

2,359

NET INCOME

$ 7,660

$ 8,562

Average Shares Outstanding:

Basic (in shares)

^[1]

16,865

17,048

Diluted (in shares)

^[1]

16,867

17,060

Per Common Share:

Basic Earnings (in dollars per share)

$ 0.45

$ 0.50

Diluted Earnings (in dollars per share)

$ 0.45

$ 0.50

Income From Fiduciary Activities

NON-INTEREST INCOME

Revenue from contract with customer

$ 2,457

$ 2,275

Fees for Other Services to Customers

NON-INTEREST INCOME

Revenue from contract with customer

$ 2,543

$ 2,595

[1]	2023Share and Per Share Amounts have been restated for the September 26, 2023 3% stock dividend.

AROW Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
ASSETS
Cash and Due From Banks	$ 27,356	$ 36,755	$ 25,107
Interest-Bearing Deposits at Banks	255,109	105,781	178,365
Investment Securities:
Available-for-Sale at Fair Value	485,833	497,769	565,693
Held-to-Maturity (Fair Value of $124,861 at March 31, 2024; $128,837 at December 31, 2023; and $164,439 at March 31, 2023)	128,051	131,395	167,347
Equity Securities	1,942	1,925	2,070
Other Investments	4,208	5,049	10,027
Loans	3,258,758	3,212,908	3,005,352
Allowance for Credit Losses	(31,561)	(31,265)	(30,784)
Net Loans	3,227,197	3,181,643	2,974,568
Premises and Equipment, Net	59,494	59,642	58,233
Goodwill	21,873	21,873	21,873
Other Intangible Assets, Net	1,018	1,110	1,400
Other Assets	121,542	126,926	109,947
Total Assets	4,333,623	4,169,868	4,114,630
LIABILITIES
Noninterest-Bearing Deposits	696,519	758,425	788,690
Interest-Bearing Checking Accounts	908,453	799,785	958,490
Savings Deposits	1,497,466	1,466,280	1,497,326
Time Deposits over $250,000	173,976	179,301	122,827
Other Time Deposits	502,607	483,775	179,016
Total Deposits	3,779,021	3,687,566	3,546,349
Borrowings	106,500	26,500	142,800
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts	20,000	20,000	20,000
Finance Leases	5,053	5,066	5,106
Other Liabilities	45,063	50,964	37,004
Total Liabilities	3,955,637	3,790,096	3,751,259
STOCKHOLDERS’ EQUITY
Preferred Stock, $1 Par Value and 1,000,000 Shares Authorized at March 31, 2024, December 31, 2023 and March 31, 2023	0	0	0
Common Stock, $1 Par Value; 30,000,000 Shares Authorized (22,066,559 Shares Issued at March 31, 2024 and December 31, 2023 and 21,423,992 Shares Issued at March 31, 2023)	22,067	22,067	21,424
Additional Paid-in Capital	412,823	412,551	400,944
Retained Earnings	68,887	65,792	69,499
Accumulated Other Comprehensive Loss	(32,714)	(33,416)	(43,983)
Treasury Stock, at Cost (5,356,335 Shares at March 31, 2024; 5,124,073 Shares at December 31, 2023 and 4,870,935 Shares at March 31, 2023)	(93,077)	(87,222)	(84,513)
Total Stockholders’ Equity	377,986	379,772	363,371
Total Liabilities and Stockholders’ Equity	$ 4,333,623	$ 4,169,868	$ 4,114,630

About Arrow Financial Corp

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	Mr. David S. DeMarco
WEBSITE	arrowfinancial.com
INDUSTRY	Banks Diversified
EMPLOYEES	502

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 Thu May 16 2024, market cap of Arrow Financial Corp is 415.28 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 Thu May 16 2024, AROW's PE ratio (Price to Earnings) is 14.24 and Price to Sales (PS) ratio is 2.4. 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 0.022 (multiply by 100 for percentage) rate of return.