Arrow Financial Corporation (AROW)

NASDAQ: AROW · Real-Time Price · USD

37.17

-0.29 (-0.77%)

Sep 23, 2026, 1:16 PM EDT - Market open

Arrow Financial Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	170.17	158.32	134.63	130.57	144.44	142.45
Revenue Growth	21.18%	17.60%	3.11%	-9.61%	1.40%	16.25%
Net Income	51.14	43.81	29.71	30.08	48.8	49.86
Earnings Per Share	3.10	2.65	1.77	1.77	2.86	2.92
EPS Growth	69.73%	49.72%	0.27%	-38.28%	-2.05%	20.86%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	196.81	222.12	167.21	153.74	72.17	459.78
Total Debt	338.57	37.07	47.09	71.31	93.25	79.38
Net Cash (Debt)	-141.76	185.05	120.12	82.43	-21.08	380.4
Net Cash Growth	-	54.05%	45.73%	-	-	32.37%
Net Cash Per Share	-8.64	11.21	7.17	4.84	-1.24	22.31

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	51.97	41.28	34.47	20.58	59.71	68.21
Capital Expenditures	-7.32	-5.09	-5.6	-7.08	-14.25	-7.14
Free Cash Flow	44.65	36.19	28.87	13.5	45.46	61.07
Free Cash Flow Growth	52.72%	25.35%	113.88%	-70.31%	-25.55%	64.24%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Profit Margin	30.05%	27.67%	22.07%	23.03%	33.78%	35.00%
FCF Margin	26.24%	22.86%	21.45%	10.34%	31.47%	42.87%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.200	1.140	1.090	1.060	1.030	0.960
Dividend Per Share Growth	5.31%	4.59%	2.83%	2.91%	7.29%	3.00%
Dividend Yield	3.23%	3.72%	4.05%	4.22%	3.66%	3.49%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	11.98	11.79	16.18	15.85	11.48	11.32
Forward PE	9.21	9.49	11.30	11.79	10.30	12.50
P/FCF Ratio	15.44	14.27	16.65	35.30	12.33	9.24
PS Ratio	4.05	3.26	3.57	3.65	3.88	3.96