AROW · Arrow Financial Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.25M | - | - | - | $1.21M | - | - | - | $1.39M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $17.66M | - | $19.47M | $19.04M | $19.01M | - | $21.00M | $20.82M | $20.22M | - |
| Income Tax | $3.86M | - | $3.77M | $3.09M | $1.82M | - | $2.56M | $2.31M | $2.02M | - |
| Net Income | $13.48M | - | $12.82M | $10.80M | $6.31M | - | $8.97M | $8.60M | $7.66M | - |
| EPS - Basic | $0.82 | - | $0.77 | $0.65 | $0.38 | - | $0.54 | $0.52 | $0.45 | - |
| EPS - Diluted | $0.82 | - | $0.77 | $0.65 | $0.38 | - | $0.53 | $0.52 | $0.45 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $285.61M | $214.18M | $397.44M | $268.45M | $301.45M | $154.55M | $340.09M | $200.20M | $282.46M | $142.54M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.52B | $4.45B | $4.59B | $4.41B | $4.45B | $4.31B | $4.41B | $4.24B | $4.33B | $4.17B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | $4.26M | - | - | - | $8.60M | - | - | - | $6.50M |
| Total Liabilities | $4.08B | $4.01B | $4.17B | $4.01B | $4.04B | $3.91B | $4.02B | $3.86B | $3.96B | $3.79B |
| Stockholders' Equity | $440.14M | $431.85M | $417.69M | $408.51M | $404.41M | $400.90M | $393.31M | $383.02M | $377.99M | $379.77M |
| Retained Earnings | $110.80M | $102.27M | $93.03M | $84.97M | $78.83M | $77.22M | $77.43M | $72.98M | $68.89M | $65.79M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.24M | - | - | - | $10.07M | - | - | - | $10.35M | - |
| Investing Cash Flow | ($15.11M) | - | - | - | $5.08M | - | - | - | ($37.69M) | - |
| Financing Cash Flow | $71.29M | - | - | - | $131.75M | - | - | - | $167.27M | - |
| CapEx | $1.30M | - | - | - | $1.27M | - | - | - | $1.16M | - |
| Free Cash Flow | $13.94M | - | - | - | $8.80M | - | - | - | $9.19M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.03 | - | - | - | 1.39 | - | - | - | 1.20 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 22.3% | - | 22.7% | 22.2% | 22.4% | - | 22.2% | 21.2% | 20.9% | - |
| Return on assets | 0.3% | - | 0.3% | 0.2% | 0.1% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 3.1% | - | 3.1% | 2.6% | 1.6% | - | 2.3% | 2.2% | 2.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 0.01 | - | - | - | 0.02 | - | - | - | 0.02 |
| Debt / Assets | - | 0.00 | - | - | - | 0.00 | - | - | - | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 10.27 | 10.29 | 10.98 | 10.81 | 11.00 | 10.74 | 11.22 | 11.08 | 11.47 | 10.98 |
| Liabilities / Assets | 0.90 | 0.90 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 | 0.91 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 40.9x | - | 36.8x | 40.6x | 69.2x | - | 54.1x | 50.1x | 55.6x | - |
| P / B | 1.3x | - | 1.1x | 1.1x | 1.1x | - | 1.2x | 1.1x | 1.1x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 113.7% | - | 42.9% | 25.6% | -17.6% | - | 15.9% | 42.3% | -10.5% | - |
| EPS growth (YoY) | 115.8% | - | 45.3% | 25.0% | -15.6% | - | 15.2% | 44.4% | -13.5% | - |
| EPS CAGR (3y) | 16.4% | - | 1.3% | -4.7% | -21.3% | - | -13.2% | -15.1% | -19.1% | - |
| EPS CAGR (5y) | -0.7% | - | 1.6% | 1.3% | -6.8% | - | -4.6% | -3.5% | -5.6% | - |
| FCF growth (YoY) | 58.5% | - | - | - | -4.3% | - | - | - | -13.1% | - |
| FCF CAGR (5y) | -5.8% | - | - | - | -6.1% | - | - | - | 1.3% | - |
| Book value growth (YoY) | 8.8% | 7.7% | 6.2% | 6.7% | 7.0% | 5.6% | 9.2% | 6.0% | 4.0% | 7.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$21.40M totalDeposit Account$11.10M · 51.9%
Fiduciary And Trust$10.30M · 48.1%
Peer comparison
Same SIC group: National Commercial Banks
Comparing ARROW FINANCIAL CORP against the 5 most active filers in the same SIC group.
Dividends
$1.18/share trailing 12 months · +6.3% YoY
| Ex-date | Per share |
|---|---|
| May 12, 2026 | $0.3000 |
| Feb 11, 2026 | $0.3000 |
| Nov 12, 2025 | $0.2900 |
| Aug 11, 2025 | $0.2900 |
| May 13, 2025 | $0.2800 |
| Feb 10, 2025 | $0.2800 |
| Oct 15, 2024 | $0.2800 |
| Aug 12, 2024 | $0.2700 |
| May 10, 2024 | $0.2700 |
| Feb 9, 2024 | $0.2700 |
| Nov 30, 2023 | $0.2700 |
| Aug 31, 2023 | $0.2700 |
| Jun 1, 2023 | $0.2700 |
| Mar 2, 2023 | $0.2700 |
| Nov 30, 2022 | $0.2700 |
| Aug 31, 2022 | $0.2621 |
| May 31, 2022 | $0.2621 |
| Feb 28, 2022 | $0.2621 |
| Dec 1, 2021 | $0.2524 |
| Sep 2, 2021 | $0.2524 |
| Jun 1, 2021 | $0.2524 |
| Mar 1, 2021 | $0.2524 |
| Dec 1, 2020 | $0.2524 |
| Sep 1, 2020 | $0.2524 |