AROW icon

Arrow Financial

28.82 USD
+0.12
0.42%
At close Dec 24, 4:00 PM EST
1 day
0.42%
5 days
-7.15%
1 month
-13.58%
3 months
0.31%
6 months
16.12%
Year to date
1.98%
1 year
-0.52%
5 years
-14.18%
10 years
37.57%
 

About: Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.

Employees: 537

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

275% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 4

12% more funds holding

Funds holding: 93 [Q2] → 104 (+11) [Q3]

10% more capital invested

Capital invested by funds: $216M [Q2] → $238M (+$22.5M) [Q3]

10% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 30

0.19% more ownership

Funds ownership: 49.61% [Q2] → 49.8% (+0.19%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$32
11%
upside
Avg. target
$32
11%
upside
High target
$32
11%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Piper Sandler
Frank Schiraldi
52% 1-year accuracy
15 / 29 met price target
11%upside
$32
Neutral
Assumed
20 Dec 2024

Financial journalist opinion

Neutral
PRNewsWire
6 days ago
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.
Arrow Financial Corporation Appoints Four New Board Members
Neutral
PRNewsWire
4 weeks ago
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 Saratoga National Bank and Trust Company, are now part of the Allpoint ATM Network, providing customers with convenient access to more than 50,000 ATMs across the United States and internationally.
Arrow's Banks Join Allpoint ATM Network, Expanding Access to More Than 50,000 ATMs Worldwide
Neutral
PRNewsWire
1 month ago
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, 2024.
Arrow Reports 3rd Quarter Net Income of $9.0 Million, or $0.53 per Share
Positive
Seeking Alpha
2 months ago
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, holding, and adding companies that consistently increase dividends and outperform benchmarks, using data from U.S. Dividend Champions and NASDAQ. All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.
6 Upcoming Dividend Increases, Including A New King
Neutral
PRNewsWire
2 months ago
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 2024, a list of 30 top-performing small-cap banks and thrifts in the country.
Arrow Named to Piper Sandler Sm-All Stars: Class of 2024
Neutral
PRNewsWire
2 months ago
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 payable October 29, 2024 to shareholders of record on October 15, 2024.
Arrow Declares October 2024 Cash Dividend
Neutral
PRNewsWire
5 months ago
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.
Arrow Reports 2nd Quarter Net Income of $8.6 Million, or $0.52 per Share, Declares Dividend of $0.27 per Share
Neutral
PRNewsWire
5 months ago
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 Saratoga National Bank and Trust Company, into one entity to be renamed Arrow Bank National Association ("Arrow Bank").
Arrow to Unify Bank Subsidiaries into One Entity Renamed Arrow Bank
Neutral
PRNewsWire
6 months ago
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 unanimously voted to appoint Tenée R. Casaccio as the new Chair of the Arrow Board of Directors, effective June 5, 2024. This appointment by the Board of Directors follows the retirement of the former Board Chair, William L. Owens, Esq., upon the mandatory retirement age of directors as stipulated in the Company's bylaws.
Tenée R. Casaccio Named Chair of the Arrow Board of Directors
Negative
Seeking Alpha
7 months ago
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 aristocrats can cut their dividends and experience significant losses. Over the last 50 years, dividend cutters suffered 91% inflation-adjusted losses.
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