Arrow Financial Corporation (AROW)

NASDAQ: AROW · Real-Time Price · USD
29.00
+0.35 (1.22%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.22%
Market Cap 485.43M
Revenue (ttm) 136.14M
Net Income (ttm) 32.96M
Shares Out 16.74M
EPS (ttm) 1.96
PE Ratio 14.80
Forward PE 11.49
Dividend $1.12 (3.86%)
Ex-Dividend Date Oct 15, 2024
Volume 80,929
Open 28.38
Previous Close 28.65
Day's Range 28.38 - 29.19
52-Week Range 21.50 - 34.63
Beta 0.75
Analysts Hold
Price Target 32.00 (+10.35%)
Earnings Date Jan 30, 2025

About 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 enhancement to commercial properties, as well as commercial construct... [Read more]

Sector Financials
Founded 1851
Employees 537
Stock Exchange NASDAQ
Ticker Symbol AROW
Full Company Profile

Financial Performance

In 2023, Arrow Financial's revenue was $130.57 million, a decrease of -9.61% compared to the previous year's $144.44 million. Earnings were $30.08 million, a decrease of -38.37%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for AROW stock is "Hold." The 12-month stock price forecast is $32.0, which is an increase of 10.35% from the latest price.

Price Target
$32.0
(10.35% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Arrow Financial Corporation Appoints Four New Board Members

GLENS FALLS, N.Y. , Dec. 19, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) is pleased to announce the appointment of James M.

2 days ago - PRNewsWire

Arrow's Banks Join Allpoint ATM Network, Expanding Access to More Than 50,000 ATMs Worldwide

GLENS FALLS, N.Y. , Nov. 26, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) is proud to announce that its banking subsidiaries, Glens Falls National Bank and Trust Company and Sar...

24 days ago - PRNewsWire

Arrow Reports 3rd Quarter Net Income of $9.0 Million, or $0.53 per Share

GLENS FALLS, N.Y. , Oct. 31, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended September 30, 2...

7 weeks ago - PRNewsWire

6 Upcoming Dividend Increases, Including A New King

The article highlights six companies with an average dividend increase of 9%, with RPM International achieving Dividend King status with a nearly 11% raise. My investment strategy focuses on buying, h...

Other symbols: ACNAFGCHCOFUNC
2 months ago - Seeking Alpha

Arrow Named to Piper Sandler Sm-All Stars: Class of 2024

GLENS FALLS, N.Y. , Oct. 10, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) is pleased to announce it was recently named to the prestigious Piper Sandler Sm-All Stars: Class of 20...

2 months ago - PRNewsWire

Arrow Declares October 2024 Cash Dividend

GLENS FALLS, N.Y. , Oct. 3, 2024 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on October 2, 2024, declared a quarterly cash dividend of $0.28 per share paya...

2 months ago - PRNewsWire

Arrow Reports 2nd Quarter Net Income of $8.6 Million, or $0.52 per Share, Declares Dividend of $0.27 per Share

GLENS FALLS, N.Y., July 25, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended June 30, 2024.

5 months ago - PRNewsWire

Arrow to Unify Bank Subsidiaries into One Entity Renamed Arrow Bank

GLENS FALLS, N.Y. , July 23, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) has finalized plans to unify its banking subsidiaries, Glens Falls National Bank and Trust Company and ...

5 months ago - PRNewsWire

Tenée R. Casaccio Named Chair of the Arrow Board of Directors

GLENS FALLS, N.Y., June 6, 2024 /PRNewswire/ -- The Board of Directors (the "Board") of Arrow Financial Corporation (the "Company" or "Arrow") (NasdaqGS® - AROW) is pleased to announce that it has una...

7 months ago - PRNewsWire

Protect Your Wealth: 5 Dividend Aristocrats To Avoid

Dividend aristocrats are highly stable and well-run blue-chip companies that raise their dividends every year for 25-plus consecutive years. However, no stock is a risk-free bond alternative. Even ari...

Other symbols: AMCRFLICSWKTDSUGI
7 months ago - Seeking Alpha

Arrow Reports 1st Quarter Net Income of $7.7 Million, or $0.45 per Share, Declares Dividend of $0.27 per Share

GLENS FALLS, N.Y. , April 30, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended March 31, 2024...

8 months ago - PRNewsWire

Arrow Reports 4th Quarter Net Income of $7.7 Million or $0.46 per Share and $30.1 Million or $1.77 per Share for 2023. Declares Cash Dividend of $0.27 per Share, its 43rd Consecutive Quarterly Dividend

GLENS FALLS, N.Y. , Feb 1, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow") reported net income of $7.7 million, and fully diluted earnings per share ("EPS") of $0.46 per ...

11 months ago - PRNewsWire

Arrow Financial: Despite Its 60% Return Since September, The Stock Remains Reasonably Valued

Arrow Financial has outperformed the S&P 500 by an impressive margin, with a total return of 60% in less than three months. The stock remains reasonably valued and analysts expect strong earnings grow...

1 year ago - Seeking Alpha

Arrow Reports Q3 2023 Net Income of $7.7 Million and Earnings per Share of $0.46, Loans of $3.1 Billion on 9% Annualized Loan Growth

GLENS FALLS, N.Y. , Oct. 24, 2023 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow") announced financial results for the three-month period ended September 30, 2023.

1 year ago - PRNewsWire

Arrow Financial: 10-Year High Yield Of 6.2% And 30% Upside Potential

Arrow Financial has dramatically underperformed the S&P 500 and the Financial Select Sector SPDR Fund ETF due to negative market sentiment on regional banks and poor business momentum. The bank is not...

1 year ago - Seeking Alpha

Arrow Financial Corporation Declares Stock Dividend

GLENS FALLS, N.Y. , Aug. 31, 2023 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on August 30, 2023, declared a 3% stock dividend, which will be distributed o...

1 year ago - PRNewsWire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("A...

1 year ago - Accesswire

ARROW SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Arrow To Contact Him Directly To Discuss Their Options

NEW YORK , Aug. 19, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Arrow Financial Corporation ("Arrow" or the "Company") ...

1 year ago - PRNewsWire

FINAL DEADLINE TUESDAY: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("A...

1 year ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 1, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("Ar...

1 year ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("Arr...

1 year ago - Accesswire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("Arr...

1 year ago - Accesswire

Calling All Arrow Financial Corporation (AROW) Investors: Contact Bronstein, Gewirtz & Grossman, LLC Today!

NEW YORK--(BUSINESS WIRE)---- $AROW #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been fi...

1 year ago - Business Wire

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $AROW #AROW--The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm.

1 year ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Arrow Financial Corporation (AROW) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Arrow Financial C...

1 year ago - Business Wire