Arrow Financial Corporation AROW
- Market cap
- $691.5M
- P/E
- 12.1×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21.80 | 27.28 | 28.20 | 28.71 | 20.18 | 27.82 | 28.50 | 16.65 | 21.50 | 22.72 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 37.05 | 36.38 | 36.74 | 37.19 | 36.93 | 37.15 | 36.51 | 34.49 | 34.63 | 33.56 |
High Price
|
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| 524 | 533 | 516 | 520 | 517 | 512 | 502 | 537 | 554 | 578 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
|||
| 105 | 112 | 125 | 138 | 145 | 148 | 161 | 192 | 223 | 243 |
Revenue
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| 94.89% | 93.76% | 90.05% | 84.30% | 91.22% | 96.49% | 92.96% | 69.88% | 62.67% | 68.26% |
Gross Margin
|
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| 38 | 40 | 45 | 47 | 52 | 64 | 63 | 38 | 37 | 55 |
EBT
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| 36.04% | 35.49% | 36.11% | 34.03% | 35.88% | 43.54% | 39.19% | 19.57% | 16.75% | 22.83% |
EBT Margin
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| 27 | 29 | 36 | 37 | 41 | 50 | 49 | 30 | 30 | 44 |
Net Income
|
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| 6 | 5 | 5 | 6 | 7 | 8 | 8 | 7 | 5 | 5 |
Depreciation
|
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| 6.36 | 6.77 | 7.51 | 8.23 | 8.55 | 8.70 | 9.44 | 11.25 | 13.33 | 14.70 |
Revenue/Sh
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| 1.61 | 1.77 | 2.17 | 2.23 | 2.42 | 2.93 | 2.86 | 1.77 | 1.78 | 2.65 |
Earnings/Sh
|
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| 2.11 | 2.28 | 2.51 | 2.61 | 2.50 | 4.01 | 3.51 | 1.21 | 2.06 | 2.50 |
Cash Flow/Sh
|
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| 0.03 | (0.07) | (0.20) | (0.46) | (0.16) | (0.33) | (0.75) | (0.26) | (0.14) | (0.12) |
Capex/Sh
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| 2.14 | 2.21 | 2.32 | 2.15 | 2.35 | 3.68 | 2.76 | 0.95 | 1.92 | 2.38 |
Free CF/Sh
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| 14.14 | 15.05 | 16.14 | 17.94 | 19.79 | 21.84 | 20.79 | 22.29 | 23.95 | 26.17 |
Book Value/Sh
|
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| 16 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Shares
|
|||
| 22.38 | 17.69 | 13.87 | 16.49 | 12.04 | 11.67 | 11.84 | 15.93 | 16.13 | 11.85 |
PE Ratio
|
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| 5.66 | 4.60 | 4.02 | 4.46 | 3.39 | 3.93 | 3.60 | 2.51 | 2.15 | 2.14 |
PS Ratio
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| 2.55 | 2.07 | 1.87 | 2.05 | 1.47 | 1.57 | 1.63 | 1.27 | 1.20 | 1.20 |
PB Ratio
|
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| 7.01 | 5.55 | 5.73 | 5.29 | 1.24 | 1.31 | 3.35 | 1.90 | 1.57 | 1.36 |
EV/Sales
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| 20.83 | 17.01 | 18.57 | 20.25 | 4.54 | 3.09 | 11.47 | 22.46 | 10.90 | 8.36 |
EV/FCF
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| 35 | 38 | 42 | 44 | 42 | 68 | 60 | 21 | 34 | 41 |
Op' Cash Flow
|
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| 1 | (1) | (3) | (8) | (3) | (6) | (13) | (4) | (2) | (2) |
Capex
|
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| 35 | 37 | 39 | 36 | 40 | 63 | 47 | 16 | 32 | 39 |
FCF
|
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| (359) | (305) | (140) | (232) | (305) | (452) | (535) | (390) | (321) | (311) |
Working Cap'
|
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| 198 | 180 | 299 | 185 | 70 | 70 | 25 | 25 | 25 | 25 |
Total Debt
|
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| 141 | 107 | 215 | 115 | (311) | (388) | (40) | (117) | (130) | (189) |
Net Debt
|
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| 233 | 250 | 270 | 302 | 334 | 371 | 354 | 380 | 401 | 432 |
Sh' Equity
|
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| 1.05% | 1.09% | 1.26% | 1.21% | 1.19% | 1.29% | 1.22% | 0.74% | 0.70% | 1.00% |
ROA
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| 6.32% | 6.98% | 5.85% | 7.06% | 137.24% | 0.00% | 12.52% | 8.94% | 8.60% | 14.27% |
ROIC
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| 11.88% | 12.16% | 13.98% | 13.12% | 12.84% | 14.13% | 13.47% | 8.20% | 7.61% | 10.56% |
ROE
|
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Arrow Financial Corporation peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| PFIS Peoples Financial Services Corp. | $693.7M | 12.3× | Compare |
| BCAL California BanCorp | $694.1M | 11.6× | Compare |
| MSBI Midland States Bancorp, Inc. | $687.5M | 21.3× | Compare |
| TCBX Third Coast Bancshares, Inc. | $713.0M | 9.2× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CCB Coastal Financial Corporation | $669.7M | 0.0× | Compare |
| CARE Carter Bankshares, Inc. | $666.5M | 5.2× | Compare |
| BHB Bar Harbor Bankshares, Inc. | $666.1M | 13.1× | Compare |
| CWBC Community West Bancshares | $722.9M | 14.4× | Compare |
Arrow Financial Corporation (AROW) key facts
- Arrow Financial Corporation (AROW) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- Arrow Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $242.6 million, up 8.75% from fiscal 2024.
- Net income was $44.0 million, or $2.65 per share (basic), a net margin of 18.1%.
- As of September 25, 2026, AROW traded at $37.65, a market capitalization of $691.5 million.
- At that price the stock trades at 12.1× trailing-twelve-month earnings and 2.5× sales.
- Arrow Financial Corporation pays an annual dividend of $1.05 per share, a yield of 4.47%, with a payout ratio of 45.6%.
- Return on equity was 10.6% and debt-to-equity 0.06.
Arrow Financial Corporation (AROW) Latest News
1 Jul
Arrow Financial Corporation completes strategic acquisition of Adirondack Bancorp, Inc. Acquisition expands Arrow Financial Corporation operations and market reach through major strategic consolidation.
5 Jun
Arrow Financial reported profit gains and highlighted its Adirondack Bank deal at the annual meeting. Profit gains reflect steady results while the bank deal points to moderate operational expansion.
1 Jun
Arrow Financial Corporation and Adirondack Bancorp, Inc. received OCC approval for their merger. Merger approval enables major expansion and shifts Arrow Financial Corporation competitive positioning.
30 Apr
Arrow Financial Corporation reported first-quarter net income of $13.5 million, or $0.82 per diluted share, and declared a second-quarter dividend of $0.30 per share. Solid Q1 earnings and consistent dividend declaration directly enhance financial performance and investor confidence in Arrow Financial.
26 Feb
Arrow Financial Corporation announces strategic acquisition of Adirondack Bancorp, Inc. Strategic acquisition expands Arrow Financial's operations and strengthens competitive positioning in regional banking.
3 Feb
Arrow Financial Corporation (NASDAQ: AROW) has announced an increase in its dividend to $0.30 per share. This decision reflects the company's commitment to returning value to its shareholders and indicates a positive outlook on its financial health. The dividend increase suggests a moderately positive influence on investor sentiment and financial performance.
29 Jan
Arrow Financial Corporation reported its Q4 earnings, highlighting a notable increase in net income compared to the previous year. The company attributed this growth to improved interest income and effective cost management strategies. Additionally, Arrow Financial's total assets and deposits showed positive trends, indicating a strong financial position. The earnings report reflects the company's resilience in a challenging economic environment, positioning it well for future growth. The earnings growth and positive financial indicators suggest a moderately noticeable influence on Arrow Financial's future performance.
Arrow Financial Corporation reported a net income of $14.0 million, or $0.85 per share, for the fourth quarter and a total of $44.0 million, or $2.65 per share, for the year 2025. The company also declared a first-quarter dividend of $0.30 per share. The reported earnings and dividend declaration indicate stable financial performance, which may moderately influence investor sentiment.
11 Dec
Arrow Financial Corporation (NASDAQ:AROW) has delivered a 6.0% compound annual growth rate (CAGR) to its shareholders over the past five years, reflecting steady performance and shareholder value appreciation. The company's consistent growth trajectory highlights its resilience in the financial sector, contributing positively to investor sentiment. The reported CAGR indicates a stable performance, but does not suggest any transformative changes that would significantly alter the company's trajectory.
4 Dec
Arrow Financial Corporation has appointed Darrin Jahnel to its Board of Directors, enhancing its governance and strategic direction. Jahnel brings extensive experience in financial services and leadership, which is expected to benefit the company as it navigates future challenges and opportunities. The appointment of a new board member may influence the company's strategic decisions and governance but is not expected to drastically change its overall trajectory.
5 Nov
Arrow Financial Corporation has received preliminary approval for a settlement related to a legal matter. The settlement is expected to resolve ongoing litigation, although specific details regarding the terms and financial implications have not been disclosed. The company aims to finalize the agreement in the coming months, which may help mitigate uncertainties surrounding the legal proceedings and allow for a more stable operational environment moving forward. The preliminary settlement approval may influence Arrow's legal risks and operational stability, but its overall impact on financial performance is expected to be limited.
30 Oct
Arrow Financial Corporation (AROW) reported a margin miss, raising concerns about its near-term growth prospects. The company's financial performance has come under scrutiny as analysts express worries over its ability to generate sustainable growth in the current market environment. Investors are particularly focused on the implications of this margin miss for future earnings and overall company strategy. The margin miss indicates potential challenges in financial performance that could affect investor sentiment and growth expectations.
Arrow Financial Corporation reported its Q3 earnings, highlighting a notable increase in net income compared to the previous year. The company's earnings per share exceeded analysts' expectations, driven by strong loan growth and improved net interest margins. Additionally, Arrow Financial's asset quality remained stable, with a low level of non-performing loans. The management expressed optimism about future growth prospects, citing ongoing investments in technology and customer service enhancements. Overall, the results reflect a solid performance amid a challenging economic environment. The earnings report indicates moderate growth and stability, which may influence investor sentiment and financial performance.
Arrow Financial Corporation reported a net income of $12.8 million, or $0.77 per share, for the third quarter. The company also declared a fourth-quarter dividend of $0.29 per share. The reported earnings and dividend declaration indicate stable financial performance, which may influence investor sentiment.
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock with notable insider activity in October 2025. The article emphasizes the potential for growth and investment opportunities due to recent insider purchases, suggesting that company executives have confidence in its future performance. This insider activity may indicate a positive outlook for AROW, attracting investor interest and potentially influencing market sentiment. Insider activity suggests confidence in the company's future, which may moderately influence market sentiment and performance.
29 Oct
Arrow Financial Corporation (AROW) is highlighted as a top undervalued small-cap stock for October 2025, with notable insider activity suggesting confidence in the company's future. The article explores the potential for growth and investment opportunities within AROW, emphasizing its financial health and market positioning. Insider buying trends are presented as a positive indicator of the company's prospects, making it a candidate for investors seeking undervalued stocks. Insider activity indicates confidence but does not guarantee significant changes in market performance.
28 Oct
Arrow Financial Corporation (AROW) is highlighted among three undervalued small-cap stocks experiencing insider buying activity. This trend suggests confidence from executives in the company's future performance. The article emphasizes the potential for growth in AROW, alongside other small-cap stocks across global markets, indicating a broader interest in undervalued investments. Insider buying activity may positively influence market sentiment and investor confidence in AROW's future performance.
23 Oct
Insider buying activity has been highlighted for Arrow Financial Corporation (AROW) along with two other undervalued small-cap companies. This trend suggests confidence from insiders in the future performance of these firms, potentially indicating investment opportunities for shareholders. The article emphasizes the significance of insider transactions as a positive signal in the market. Insider buying can influence market sentiment and investor confidence, but its overall effect on AROW's trajectory is expected to be limited.
21 Oct
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock with notable insider buying activity. The article emphasizes the potential for growth and investment opportunities in AROW, suggesting that the recent insider transactions may indicate confidence in the company's future performance. Investors are encouraged to consider AROW as part of their portfolio in October 2025 due to its favorable valuation and insider support. Insider buying activity suggests confidence in the company's future, which may moderately influence market sentiment and performance.
20 Oct
Arrow Financial Corporation (AROW) is highlighted as one of three undervalued small-cap stocks experiencing insider buying, indicating potential growth opportunities. The article emphasizes the significance of insider buying as a positive signal for investors, suggesting that company executives are confident in the future performance of AROW. This trend, along with favorable market conditions, positions AROW as a compelling investment option for those looking to capitalize on undervalued stocks in the global market. Insider buying suggests confidence in the company's future, which may moderately influence market sentiment and performance.
17 Oct
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock with notable insider buying activity in October 2025. This trend suggests confidence from company executives in the stock's future performance, potentially indicating a positive outlook for investors. The article emphasizes the significance of insider buying as a bullish signal, particularly in the context of small-cap stocks that may be overlooked by the broader market. Insider buying can influence market sentiment and investor confidence, but its overall effect on the company's trajectory is expected to be limited.
16 Oct
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock for October 2025, with recent insider buying actions suggesting confidence in the company's future. The article explores the implications of these insider transactions and their potential to influence market sentiment and investor interest in AROW. Analysts believe that such insider actions may indicate a positive outlook for the company's performance, making it a noteworthy consideration for investors looking for undervalued opportunities. Insider buying actions may moderately influence investor sentiment and market performance for AROW.
14 Oct
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock with recent insider buying activity, indicating potential confidence from management in the company's future performance. The article emphasizes the significance of insider buying as a positive signal for investors, suggesting that AROW may be poised for growth amidst broader market trends favoring small-cap investments. Insider buying can indicate management's confidence, potentially influencing investor sentiment and stock performance.
13 Oct
Arrow Financial Corporation (AROW) is highlighted as one of three undervalued small-cap stocks experiencing insider buying activity. The article emphasizes the potential for growth in AROW, particularly in the context of its financial performance and market positioning. Insider purchases are often seen as a positive signal regarding a company's future prospects, suggesting confidence from those within the organization. This trend may attract investor interest and influence market sentiment towards AROW, indicating a possible undervaluation in the current market. Insider buying activity suggests confidence in the company's future, which may moderately influence market sentiment and performance.
9 Oct
Arrow Financial Corporation (AROW) is highlighted as an undervalued small-cap stock with notable insider buying activity in October 2025, suggesting confidence from executives in the company's future performance. The article emphasizes the potential for growth and investment opportunities in AROW amidst broader market trends. Insider buying indicates confidence but does not guarantee significant changes in financial performance or market position.
19 Sep
Insider buying at Arrow Financial Corporation has reached a total of US$636.6k, indicating strong confidence from company executives in the firm's future performance. This level of insider purchasing is often viewed as a positive signal by investors, suggesting that those with the most knowledge of the company believe its stock is undervalued or that it is on a positive trajectory. Insider buying can influence market sentiment and investor confidence, but its overall impact on the company's long-term trajectory is expected to be limited.
26 Jul
Arrow Financial Corporation (NASDAQ:AROW) reported second quarter 2025 results with revenue of US$39.5 million, a 16% increase from the previous year, and net income of US$10.8 million, up 26%. The profit margin rose to 27%, driven by higher revenue, and EPS reached US$0.65, surpassing analyst expectations by 16%. Revenue is forecasted to grow 13% annually over the next two years, outpacing the 7.5% growth forecast for the US Banks industry. The company's share price remains stable. Significant revenue and earnings growth, along with a positive outlook, indicate a strong potential impact on future performance.
24 Jul
Arrow Financial Corporation reported a net income of $10.8 million, or $0.65 per share, for the second quarter. The company also declared a third-quarter dividend of $0.29 per share. The reported net income and dividend declaration indicate stable financial performance, which may moderately influence investor sentiment.
23 Jun
Arrow Financial Corporation (NASDAQ:AROW) shareholders have seen an 18% decline in share price over the past three years, significantly underperforming the market's 57% return. The company's earnings per share (EPS) dropped at a compound rate of 16% annually, while the share price decline was 6%. Despite this, the total shareholder return (TSR) over three years was -6.4%, largely due to dividends. In the past year, shareholders gained 5.3%, which is still below the market average. The CEO's compensation is modest compared to peers, but future earnings growth remains uncertain. The decline in EPS and share price indicates challenges, but the modest TSR and recent positive performance suggest potential for improvement.
27 May
Arrow Financial Corporation is identified as significantly undervalued, with its stock trading at $25.62 compared to an estimated fair value of $49.74, indicating a 48.5% discount. Despite a decline in net income, earnings are projected to grow 28.5% annually over the next three years. The company maintains a reliable dividend yield of 4.37% and has expanded its buyback plan. Overall, the financial outlook appears positive. Projected earnings growth and undervaluation suggest a significant impact on future performance.