(AROW) Arrow Financial - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0427441029

Stock: Deposits, Loans, Trust, Insurance, Advisory

Total Rating 64
Risk 90
Buy Signal 0.46

EPS (Earnings per Share)

EPS (Earnings per Share) of AROW over the last years for every Quarter: "2020-12": 0.79, "2021-03": 0.83, "2021-06": 0.83, "2021-09": 0.79, "2021-12": 0.61, "2022-03": 0.76, "2022-06": 0.73, "2022-09": 0.74, "2022-12": 0.73, "2023-03": 0.66, "2023-06": 0.36, "2023-09": 0.46, "2023-12": 0.46, "2024-03": 0.45, "2024-06": 0.52, "2024-09": 0.53, "2024-12": 0.47, "2025-03": 0.38, "2025-06": 0.7, "2025-09": 0.81, "2025-12": 0.85,

Revenue

Revenue of AROW over the last years for every Quarter: 2020-12: 37.475, 2021-03: 36.302, 2021-06: 38.173, 2021-09: 37.501, 2021-12: 35.943, 2022-03: 37.109, 2022-06: 38.337, 2022-09: 42.034, 2022-12: 37.744, 2023-03: 34.771, 2023-06: 46.919, 2023-09: 50.167, 2023-12: 51.808, 2024-03: 54.535, 2024-06: 55.828, 2024-09: 57.576, 2024-12: 55.128, 2025-03: 58.205, 2025-06: 59.182, 2025-09: 62.314, 2025-12: 62.878,

Dividends

Dividend Yield 4.11%
Yield on Cost 5y 6.03%
Yield CAGR 5y 4.42%
Payout Consistency 93.6%
Payout Ratio 41.6%
Risk 5d forecast
Volatility 31.8%
Relative Tail Risk -8.90%
Reward TTM
Sharpe Ratio 1.09
Alpha 25.48
Character TTM
Beta 0.683
Beta Downside 0.757
Drawdowns 3y
Max DD 44.18%
CAGR/Max DD 0.25

Description: AROW Arrow Financial December 27, 2025

Arrow Financial Corporation (NASDAQ:AROW) is a New York-based bank holding company that offers a full suite of commercial and consumer banking services across the United States, including demand and interest-bearing deposits, a broad array of loan products (commercial, CRE, consumer installment, auto, and residential), and ancillary wealth-management and insurance services.

Key operating metrics from the most recent quarter (Q3 2024) show a net interest margin of approximately 3.2%, a loan-to-deposit ratio of 73%, and a Common Equity Tier 1 (CET1) capital ratio of 12.5%, indicating solid liquidity and capital adequacy relative to regional-bank peers.

Sector-level drivers that materially affect Arrow’s performance are the Federal Reserve’s interest-rate policy (which sets the spread between loan yields and deposit costs) and the ongoing stress in commercial-real-estate (CRE) markets that can pressure loan-loss provisions for regional banks with sizable CRE exposure.

In Q3 2024 the company reported revenue of $140 million and earnings per share of $0.68, with a market capitalization near $1.2 billion; its balance sheet includes an indirect lending program that diversifies credit risk across third-party originators.

For a deeper quantitative dive, the ValueRay AROW dashboard provides granular historical data and scenario analytics that can help you assess the stock’s risk-adjusted upside.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 44.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.62 > 1.0
NWC/Revenue: -1678 % < 20% (prev -1439 %; Δ -239.0% < -1%)
CFO/TA 0.01 > 3% & CFO 41.0m > Net Income 44.0m
Net Debt (-29.1m) to EBITDA (59.5m): -0.49 < 3
Current Ratio: 0.01 > 1.5 & < 3
Outstanding Shares: last quarter (16.4m) vs 12m ago -1.95% < -2%
Gross Margin: 65.27% > 18% (prev 0.60%; Δ 6466 % > 0.5%)
Asset Turnover: 5.54% > 50% (prev 5.18%; Δ 0.36% > 0%)
Interest Coverage Ratio: 0.50 > 6 (EBITDA TTM 59.5m / Interest Expense TTM 77.0m)

Altman Z'' -5.84

A: -0.92 (Total Current Assets 29.1m - Total Current Liabilities 4.10b) / Total Assets 4.45b
B: 0.02 (Retained Earnings 102.3m / Total Assets 4.45b)
C: 0.01 (EBIT TTM 38.6m / Avg Total Assets 4.38b)
D: 0.03 (Book Value of Equity 120.3m / Total Liabilities 4.01b)
Altman-Z'' Score: -5.84 = D

What is the price of AROW shares?

As of February 07, 2026, the stock is trading at USD 36.05 with a total of 76,248 shares traded.
Over the past week, the price has changed by +6.63%, over one month by +12.55%, over three months by +20.72% and over the past year by +36.58%.

Is AROW a buy, sell or hold?

Arrow Financial has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold AROW.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the AROW price?

Issuer Target Up/Down from current
Wallstreet Target Price 33.5 -7.1%
Analysts Target Price 33.5 -7.1%
ValueRay Target Price 39.8 10.5%

AROW Fundamental Data Overview February 01, 2026

P/E Trailing = 12.476
P/S = 3.7871
P/B = 1.2614
P/EG = 2.41
Revenue TTM = 242.6m USD
EBIT TTM = 38.6m USD
EBITDA TTM = 59.5m USD
Long Term Debt = 24.3m USD (from longTermDebt, two quarters ago)
Short Term Debt = 971.0k USD (from shortTermDebt, two quarters ago)
Debt = 29.2m USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -29.1m USD (from netDebt column, last quarter)
Enterprise Value = 556.1m USD (556.0m + Debt 29.2m - CCE 29.1m)
Interest Coverage Ratio = 0.50 (Ebit TTM 38.6m / Interest Expense TTM 77.0m)
EV/FCF = 15.68x (Enterprise Value 556.1m / FCF TTM 35.5m)
FCF Yield = 6.38% (FCF TTM 35.5m / Enterprise Value 556.1m)
FCF Margin = 14.62% (FCF TTM 35.5m / Revenue TTM 242.6m)
Net Margin = 18.12% (Net Income TTM 44.0m / Revenue TTM 242.6m)
Gross Margin = 65.27% ((Revenue TTM 242.6m - Cost of Revenue TTM 84.3m) / Revenue TTM)
Gross Margin QoQ = 67.69% (prev 67.45%)
Tobins Q-Ratio = 0.13 (Enterprise Value 556.1m / Total Assets 4.45b)
Interest Expense / Debt = 66.68% (Interest Expense 19.5m / Debt 29.2m)
Taxrate = 16.40% (2.75m / 16.8m)
NOPAT = 32.3m (EBIT 38.6m * (1 - 16.40%))
Current Ratio = 0.01 (Total Current Assets 29.1m / Total Current Liabilities 4.10b)
Debt / Equity = 0.07 (Debt 29.2m / totalStockholderEquity, last quarter 431.9m)
Debt / EBITDA = -0.49 (Net Debt -29.1m / EBITDA 59.5m)
Debt / FCF = -0.82 (Net Debt -29.1m / FCF TTM 35.5m)
Total Stockholder Equity = 415.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.00% (Net Income 44.0m / Total Assets 4.45b)
RoE = 10.58% (Net Income TTM 44.0m / Total Stockholder Equity 415.6m)
RoCE = 8.78% (EBIT 38.6m / Capital Employed (Equity 415.6m + L.T.Debt 24.3m))
RoIC = 7.38% (NOPAT 32.3m / Invested Capital 437.4m)
WACC = 8.01% (E(556.0m)/V(585.2m) * Re(8.43%) + (debt cost/tax rate unavailable))
Discount Rate = 8.43% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 75.10% ; FCFF base≈24.4m ; Y1≈20.4m ; Y5≈15.0m
Fair Price DCF = 18.43 (EV 273.9m - Net Debt -29.1m = Equity 303.0m / Shares 16.4m; r=8.01% [WACC]; 5y FCF grow -19.99% → 2.90% )
EPS Correlation: -8.83 | EPS CAGR: 3.03% | SUE: 1.82 | # QB: 3
Revenue Correlation: 91.83 | Revenue CAGR: 15.10% | SUE: 3.29 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.79 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=3.43 | Chg30d=+0.030 | Revisions Net=+1 | Growth EPS=+25.0% | Growth Revenue=+10.1%
EPS next Year (2027-12-31): EPS=3.63 | Chg30d=+0.030 | Revisions Net=+1 | Growth EPS=+5.8% | Growth Revenue=+5.1%

Additional Sources for AROW Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle