OakChart

Arrow Financial Corp

AROWFinancial·Banks - Regional·USA·Small·NASD·Nov 11 • 2:25 PM ET

38.65-0.03 (-0.08%)
2026-11-11 20:26 CET
Market cap
716.94 USD m
Revenue, TTM
- USD m
Net income, TTM
43.92 USD m
Free cash flow, TTM
49.12 USD m
EPS diluted, TTM
2.64
P/E
14.66
Compare

Price

AROW against its 20, 50 and 200-day averages
2050200beatmiss
35.0040.00237K474KMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AROWclose 38.6520-day 38.2450-day 37.97200-day 37.1838.6552w high

9.5% under the 52-week high of 42.70 on 16 Jul 2026. 52-week low 28.92 on 19 Nov 2025. Last 15 sessions, 8.5% high to low

Profile

AROW
52-week range, 71% of the way up
28.9242.70

Arrow Financial Corp. is a bank holding company, which engages in the provision of banking and insurance services through its subsidiaries, Glens Falls National and Saratoga National. It offers deposit accounts, lending activities, insurance products, and loans. The company was founded on March 21, 1983 and is headquartered in Glens Falls, NY.

IndexRUT
Employees578
IPOSep 18, 1980
Beta0.72
ATR, 14d0.97
Rel volume0.38
Short float3.29%
Insider own2.96%
Inst own53.02%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap716.38M
Enterprise Value-
Income43.92M
Sales266.66M
Book/sh27.79
Cash/sh-
Dividend Est.1.20 (3.10%)
Dividend TTM1.20 (3.10%)
Dividend Ex-DateNov 10, 2026
Dividend Gr. 3/5Y3.44% 4.16%
Payout42.95%
Employees578
IPOSep 18, 1980

Ratios

P/E14.66
Forward P/E9.10
PEG0.49
P/S2.69
P/B1.39
P/C-
P/FCF14.58
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio0.16
Debt/Eq0.42
LT Debt/Eq0.07
Option/ShortYes / Yes

Earnings

EPS (ttm)2.64
EPS next Y4.25
EPS next Q1.01
EPS this Y34.15%
EPS next Y19.53%
EPS next 5Y18.41%
EPS past 3/5Y-2.46% 1.92%
Sales past 3/5Y14.75% 10.91%
EPS Y/Y TTM26.88%
Sales Y/Y TTM13.56%
EPS Q/Q-60.73%
Sales Q/Q27.56%
EarningsOct 29 BMO
EPS/Sales Surpr.3.62% 4.02%

Ownership

Insider Own2.96%
Insider Trans-0.74%
Inst Own53.02%
Inst Trans3.55%
ROA0.87%
ROE9.42%
ROIC7.97%
Gross Margin-
Oper. Margin20.57%
Profit Margin16.47%
SMA201.08%
SMA501.78%
SMA2003.95%
Trades-

Technical

Shs Outstand18.54M
Shs Float17.99M
Short Float3.29%
Short Ratio7.08
Short Interest0.59M
52W High42.70 -9.48%
52W Low28.92 33.64%
Volatility2.83% 2.46%
ATR (14)0.97
RSI (14)53.53
Beta0.72
Rel Volume0.38
Avg Volume83.59K
Volume24,544

Performance

Perf Week-2.25%
Perf Month5.66%
Perf Quarter-1.02%
Perf Half Y9.00%
Perf YTD23.09%
Perf Year24.76%
Perf 3Y66.88%
Perf 5Y8.53%
Perf 10Y25.42%
Recom2.25
Target Price43.25
Prev Close38.68
Price38.65
Change %-0.08%

Analyst ratings

latest 10 of 10
DateActionAnalystRating changeTargetImplied
Sep 02, 2026InitiatedRRaymond JamesOutperform$44+13.8%
Jun 12, 2026ResumedPPiper SandlerOverweight$43+11.3%
Feb 02, 2026ReiteratedHHovde GroupMarket Perform$33.50 → $34.50-10.7%
Jan 12, 2026DowngradeHHovde GroupOutperform → Market Perform
Oct 31, 2025UpgradeHHovde GroupMarket Perform → Outperform$28.50 → $33.50-13.3%
Jul 25, 2025ReiteratedHHovde GroupMarket Perform$27.50 → $28.50-26.3%
Dec 27, 2024ReiteratedHHovde GroupMarket Perform$34.50 → $32-17.2%
Dec 20, 2024ResumedPPiper SandlerNeutral$32-17.2%
Sep 09, 2024ResumedHHovde GroupMarket Perform$28 → $31-19.8%
Jan 09, 2024InitiatedHHovde GroupMarket Perform

Peers

Mkt cap
TickerCompanyMkt cap
TRSTTrustco Bank Corp954.73M
PBFSPioneer Bancorp Inc459.20M
CHMGChemung Financial Corp415.24M
NBTBNBT Bancorp Inc2.75B
TMPTompkins Financial Corp1.44B
GCBCGreene Bancorp Inc609.97M
FISIFinancial Institutions Inc784.53M
OBTOrange County Bancorp Inc534.70M
CBUCommunity Financial System Inc3.39B
PBHCPathfinder Bancorp Inc106.36M

Insider trading

latest 14 of 18
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Casaccio Tenee RDirectorNov 05 '26Option Exercise30.261,23137,25030,400Nov 09 05:01 PM
DeMarco David S.President & CEOSep 04 '26Option Exercise30.261,77153,59097,301Sep 09 12:22 PM
DeMarco David S.President & CEOAug 28 '26Option Exercise30.264,379132,50999,238Sep 01 05:22 PM
Behan MarkDirectorAug 17 '26Option Exercise27.041,09329,55511,611Aug 18 04:47 PM
DeMarco David S.President & CEOAug 17 '26Option Exercise27.043,34690,47697,455Aug 18 03:37 PM
Behan MarkDirectorAug 12 '26Option Exercise31.341,12635,28911,419Aug 13 04:38 PM
Behan MarkDirectorAug 06 '26Option Exercise31.4777324,32610,901Aug 10 10:46 AM
O'Conor Raymond FDirectorAug 04 '26Option Exercise33.781,06135,84131,963Aug 06 05:27 PM
Behan MarkDirectorAug 04 '26Option Exercise27.412,35564,55310,905Aug 06 05:26 PM
O'Conor Raymond FDirectorJun 24 '26Option Exercise31.341,12635,28931,776Jun 26 04:51 PM
Behan MarkDirectorJun 18 '26Option Exercise33.781,06135,84110,277Jun 23 04:02 PM
Behan MarkDirectorJun 17 '26Sale38.594,110158,6058,929Jun 22 05:03 PM
Morris Philip CDirectorMay 19 '26Option Exercise31.4738612,1478,494May 21 03:55 PM
Morris Philip CDirectorMay 11 '26Option Exercise27.0454614,7648,108May 13 05:03 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
IWMiShares Russell 2000 Index FundAUM: 77.38B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.47B
VXFVanguard Extended Market Index ETFAUM: 30.47B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
KREState Street SPDR S&P Regional Banking ETFAUM: 4.43B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B
DFMCU.S. Micro Cap Portfolio ETF Class SharesAUM: 212.10M
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B

News

latest 14 of 200
  • Arrow Financial: Q3 Earnings Snapshot (Associated Press)
  • Arrow Reports 3rd Quarter Net Income of $5.7 Million, or $0.31 per Share, and Declares 4th Quarter Dividend of $0.30 per Share (PR Newswire)
  • Arrow Announces Acquisition of Insurance Agency in Washington County, N.Y. (PR Newswire)
  • Arrow Reports 2nd Quarter Net Income of $11.0 Million, or $0.66 per Share, and Declares 3rd Quarter Dividend of $0.30 per Share (PR Newswire)
  • Arrow Financial: Q2 Earnings Snapshot (Associated Press)
  • Arrow Financial Corporation Completes Strategic Acquisition of Adirondack Bancorp, Inc. (PR Newswire)
  • Arrow Financial Corporation and Adirondack Bancorp, Inc. Receive OCC Approval for Merger (PR Newswire)
  • Arrow Financial: Q1 Earnings Snapshot (Associated Press)
  • Arrow Reports 1st Quarter Net Income of $13.5 Million, or $0.82 per Share, and Declares 2nd Quarter Dividend of $0.30 per Share (PR Newswire)
  • Advanced Micro Devices Leads Two Finance Stocks To Highs (Investor's Business Daily)
  • Arrow Financial Corporation Announces Strategic Acquisition of Adirondack Bancorp, Inc. (PR Newswire)
  • Arrow Financial: Q4 Earnings Snapshot (Associated Press Finance)
  • Arrow Reports 4th Quarter Net Income of $14.0 Million or $0.85 per Share and $44.0 Million or $2.65 per Share for 2025; Declares 1st Quarter Dividend of $0.30 per Share (PR Newswire)
  • Arrow Financial Corporation Appoints Darrin Jahnel to Board of Directors (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-290.9700.9360.31060.1557.824
2026Q22026-07-230.7100.8500.66144.1945.513
2026Q12026-04-300.8500.7900.81744.7643.801
2025Q42026-01-290.8500.8000.85143.4143.301
2025Q32025-10-300.7700.7200.78242.8541.001
2025Q22025-07-240.6500.6000.65340.1439.901
2025Q12025-05-010.3800.4260.37939.2039.262
2024Q42025-01-300.4700.5830.26733.9137.952
2024Q32024-10-310.5300.5300.53636.5736.001
2024Q22024-07-250.5200.5400.51535.0134.681
2024Q12024-04-300.4500.4650.45434.3133.302
2023Q42024-02-010.4600.4700.45433.1035.012
2023Q32023-10-240.4600.3300.45433.4032.591
2023Q22023-08-080.3500.4370.35532.6834.461
2023Q12023-07-240.5050.6410.50234.7736.201
2022Q42023-01-300.7300.8000.70737.7439.091

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY1.7591.7421.756105.3105
2018FY2.1572.1652.160112.8112.5
2019FY2.2212.1862.222116.6116.5
2020FY2.4162.3612.414131.86130.7
2021FY2.9223.0162.924142.72142.78
2022FY2.8642.9132.861149.24150.21
2023FY1.7701.7901.765133.95136.07
2024FY2.0502.1021.774139.81143.71
2025FY2.6502.6972.650165.6165.1
2026FY-3.555--209.11
2027FY-4.249--240.79
2028FY-4.400--248.81

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0643060.1159.2060.72
2026Q4S2026-11-0132060.0159.2060.72
2026Q4S2026-10-2942059.9259.2060.72
2026Q4S2026-10-0740059.5659.2059.98
2026Q4S2026-08-3140259.5659.2059.98
2026Q4S2026-07-2430259.6159.2059.98
2026Q4S2026-07-2330060.1059.9060.44
2026Q4S2026-06-2330060.2159.9060.44
2026Q4S2026-06-1120060.1759.9060.44
2026Q4S2026-05-1910059.9059.9059.90
2026Q4S2026-04-3011059.9059.9059.90
2026Q4S2026-03-0511059.7059.7059.70
2026Q4S2026-01-3010047.4047.4047.40
2026Q4S2026-01-2910047.3047.3047.30

Estimate history

EPS, annual1.7562.162.2222.4142.9242.8611.7651.7742.6542.6358
Period201720182019202020212022202320242025TTM
EPS, quarterly0.5360.2670.3790.6530.7820.8510.8170.6610.307
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual112.302125.452138.314144.554147.919160.549191.681223.067242.579266.66
Period201720182019202020212022202320242025TTM
Sales, quarterly57.57655.12858.20559.18262.31462.87862.42261.87379.49
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual16.63316.77716.88116.95417.01817.04816.94216.74316.44518.535
Period201720182019202020212022202320242025MRQ
Shares, quarterly16.73416.74316.6716.48416.43816.44516.52716.54518.535
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Interest Income230.10210.15194.99162.56129.65115.55111.90109.7696.50
Total Interest Expense74.1676.9883.2657.7311.315.2012.6921.7112.48
Net Interest Income155.94133.16111.73104.83118.34110.3699.2088.0584.02
Loan Loss Provision5.697.275.183.384.800.279.322.082.61
Net Interest Income After Loan Loss Provision150.25125.89106.55101.45113.55110.0889.8885.9781.41
Non-Interest Income36.5732.4328.0729.1230.9032.3732.6628.5528.95
Non-Interest Expense131.96102.9397.2793.0581.5378.0570.6867.4565.06
Operating Income54.8555.3937.3637.5262.9164.4051.8647.0845.30
Unusual Expense-0.000.000.000.000.000.000.000.00
Net Income Before Taxes54.8555.3937.3637.5262.9164.4051.8647.0845.30
Income Taxes10.7011.447.657.4514.1114.5511.049.609.03
Consolidated Net Income43.9243.8129.7130.0748.8049.8640.8337.4836.28
Net Income From Continuing Operations43.9243.8129.7130.0748.8049.8640.8337.4836.28
Net Income43.9243.8129.7130.0748.8049.8640.8337.4836.28
EPS (Recurring)2.382.651.771.772.862.922.412.222.16
EPS (Basic, Before Extraordinaries)2.642.651.771.772.872.932.422.232.17
EPS (Diluted)2.642.651.771.772.862.922.412.222.16
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.000.00
Other After Tax Adjustments-0.24-0.140.000.000.000.000.000.000.00
Stock Option Compensation Expense0.870.630.230.590.420.340.370.770.58
Price To Earnings Ratio14.6714.6714.6513.8511.9411.3611.3415.1112.79
Price To Sales Ratio2.552.142.162.483.503.833.204.093.70
Operating Margin20.5722.8316.7519.5739.1943.5435.8834.0336.11
Net Margin16.4718.0613.3215.6930.4033.7128.2427.0928.92
Shares Outstanding18.5416.4516.7416.9417.0517.0216.9516.8816.78
Market Capitalization716.94716.94480.58476.53560.13565.11464.08566.93463.40

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Interest Income68.0853.6253.7954.6153.6051.5750.3750.90
Total Interest Expense19.3417.6917.6619.4719.4719.0419.0121.21
Net Interest Income48.7335.9336.1335.1434.1332.5331.3629.69
Loan Loss Provision1.472.830.550.850.810.595.022.85
Net Interest Income After Loan Loss Provision47.2733.1035.5834.3033.3231.9426.3426.83
Non-Interest Income11.418.268.638.278.727.617.844.23
Non-Interest Expense51.8327.4626.8625.8025.4325.6526.0525.84
Operating Income6.8513.9017.3416.7616.6013.908.135.22
Unusual Expense0.000.000.00-0.000.000.000.00
Net Income Before Taxes6.8513.9017.3416.7616.6013.908.135.22
Income Taxes1.152.933.862.753.773.091.820.75
Consolidated Net Income5.6710.8913.3913.9712.8210.806.314.47
Net Income From Continuing Operations5.6710.8913.3913.9712.8210.806.314.47
Net Income5.6710.8913.3913.9712.8210.806.314.47
EPS (Recurring)0.310.660.820.850.780.650.380.27
EPS (Basic, Before Extraordinaries)0.310.660.820.850.780.650.380.27
EPS (Diluted)0.310.660.820.850.780.650.380.27
Non-Operating Income (Expense)0.000.000.000.000.000.000.000.00
Other After Tax Adjustments-0.03-0.07-0.09-0.040.000.000.000.00
Stock Option Compensation Expense0.230.260.270.110.100.330.090.06
Price To Earnings Ratio14.6713.2112.6015.1015.4315.5714.8314.65
Price To Sales Ratio2.552.712.232.121.981.901.932.15
Operating Margin8.6222.4627.7926.6626.6423.4813.979.47
Net Margin7.1317.6021.4522.2120.5818.2610.848.11
Shares Outstanding18.5416.5516.5316.4516.4416.4816.6716.74
Market Capitalization716.94677.52554.29516.29466.07440.56439.51480.58

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Due from Banks29.1327.4236.7631.8926.9842.1247.0356.5342.56
Investments765.80710.56748.13797.381,195.81934.63638.03646.00676.33
Net Loans3,418.773,360.943,181.642,953.262,640.662,565.802,364.932,176.021,932.18
Investment in Unconsolidated Affiliates0.000.000.000.000.000.000.000.000.00
Customer Liability on Acceptances0.000.000.000.000.000.000.000.000.00
Net Property, Plant & Equipment63.6164.3464.5962.1253.1647.9446.2730.4527.62
Interest Receivables15.5213.230.000.000.00-0.000.000.00
Other Intangible Assets153.03129.85138.75124.87111.3598.1588.0079.3481.77
Total Assets4,445.864,306.354,169.873,969.514,027.953,688.643,184.282,988.332,760.47
Total Deposits3,939.473,827.933,687.573,498.363,550.503,234.732,616.052,345.582,245.12
Total Debt33.5938.4556.7285.7477.2993.11242.07353.66244.97
Long Term Debt32.5537.4155.8384.9076.4274.8435.1845.0065.00
Provision for Risks Charges1.301.600.000.000.000.000.000.000.00
Other Liabilities39.6637.4745.8131.8728.9826.4124.4319.5120.78
Total Liabilities4,014.013,905.453,790.103,615.973,656.773,354.242,882.552,718.752,510.86
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity431.85400.90379.77353.54371.19334.39301.73269.58249.60
Total Shareholders Equity431.85400.90379.77353.54371.19334.39301.73269.58249.60
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity431.85400.90379.77353.54371.19334.39301.73269.58249.60
Total Liabilities & Stockholders Equity4,445.864,306.354,169.873,969.514,027.953,688.643,184.282,988.332,760.47
Book Value Per Share26.2623.9422.4220.7421.8119.7217.8716.0715.01
Tangible Book Value Per Share24.7322.4321.0919.4120.4718.3716.5014.6713.58
Tier 1 Capital434.10417.34414.22404.06371.56335.76309.47283.91259.38
Tier 2 Capital35.5735.1732.8731.8029.1129.2321.1920.2018.79
Full-Time Employees578554537502512517520516533
Price to Book Ratio1.391.221.321.621.521.391.881.721.87
Return on Assets1.000.700.741.221.291.191.211.261.09
Return on Equity10.527.618.2013.4714.1312.8413.1213.9812.16
Return on Invested Capital9.436.786.9011.1311.149.9811.1211.539.32
Current Ratio0.140.070.090.080.560.410.070.090.10

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations42.6343.0641.8940.0159.7056.9151.1145.7543.59
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital15.32-1.78-7.42-19.95-0.57-1.03-1.75-2.50-1.86
Cash from Operating Activities57.9541.2834.4720.0659.1355.8849.3643.2641.73
Capital Expenditures-8.83-5.09-5.60-7.77-14.25-7.14-17.13-7.79-5.10
Net Assets From Acquisitions0.000.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses53.473.1535.682.711.481.552.481.511.93
Purchase or Sale of Investments135.8518.7067.78150.30-60.06-183.8622.922.3128.53
Purchase of Investments-129.23-157.40-157.22-81.83-196.24-332.75-181.19-135.35-92.25
Sale Or Maturity of Investments265.07176.10225.00232.13136.19148.89204.11137.66120.78
Other Uses0.00-3.020.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities47.54-61.45-88.95-82.13-392.48-262.28-194.36-191.54-227.52
Cash Dividends Paid-20.24-18.90-18.29-17.98-17.44-16.30-15.74-15.21-14.39
Change in Capital Stock0.57-9.66-6.07-2.920.141.161.491.592.42
Repurchase of Common Pref Stock-1.67-10.24-6.79-3.61-2.87-2.66-1.58-2.47-2.10
Sale of Common Pref Stock2.240.580.720.693.013.823.074.064.52
Proceedsfrom Stock Options0.000.000.000.471.901.841.811.781.76
Issuance or Reduction of Debt, Net-0.06-4.41-17.96-28.359.75-17.53-148.65-122.59108.69
Change in Long Term Debt-0.06-4.41-17.96-284.85-17.25-0.0514.96-15.03-10.00
Issuance of Long Term Debt0.000.00102.100.000.000.0045.000.000.00
Reduction of Long Term Debt-0.06-4.41-120.06-284.85-17.25-0.05-30.04-15.03-10.00
Net Financing Active Other Cash Flow1.371.246.120.000.000.000.000.000.00
Other Financing Activities Uses-0.60-1.45-0.000.000.00-0.000.00
Cash from Financing Activities-124.1679.8166.49139.95-59.69283.10455.77134.27197.19
Net Change in Cash-18.6659.6412.0177.88-393.0476.70310.77-14.0211.40
Free Cash Flow49.1236.1928.8712.9844.8848.7444.2335.4736.63
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow23.5629.9745.41-20.4617.4516.2527.9520.86
Federal Home Loan Advances Increase (Decrease)--0.020.701.01-0.68-0.034.975.19-5.56

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Due from Banks53.1730.8829.1029.1345.9240.98
Investments1,030.06753.87860.07765.80918.23765.04
Net Loans4,103.463,460.363,404.913,418.773,407.833,390.56
Investment in Unconsolidated Affiliates0.000.000.000.000.000.00
Net Property, Plant & Equipment76.2162.5364.3163.6164.3565.22
Interest Receivables18.8816.5015.8315.5215.0515.01
Other Intangible Assets265.28158.22147.80153.03135.73137.92
Total Assets5,547.054,482.364,522.024,445.864,587.114,414.72
Total Deposits4,738.903,655.204,013.943,939.474,100.053,929.33
Total Debt218.30335.0834.1133.5933.6938.30
Long Term Debt35.6835.0832.9632.5532.7237.22
Provision for Risks Charges1.601.201.101.301.301.30
Other Liabilities73.1644.5732.7239.6634.3937.28
Total Liabilities5,031.964,036.054,081.884,014.014,169.434,006.21
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity515.09446.31440.14431.85417.69408.51
Total Shareholders Equity515.09446.31440.14431.85417.69408.51
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity515.09446.31440.14431.85417.69408.51
Total Liabilities & Stockholders Equity5,547.054,482.364,522.024,445.864,587.114,414.72
Book Value Per Share27.7926.9826.6326.2625.4124.78
Tangible Book Value Per Share23.0325.4425.0924.7323.8523.23
Full-Time Employees---578--
Price to Book Ratio1.391.541.281.241.141.09
Return on Assets0.871.151.141.000.760.71
Return on Equity9.4211.9512.0810.558.497.72
Return on Invested Capital1.032.262.833.012.852.42
Current Ratio0.160.110.190.140.240.17

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations12.7312.4112.774.7116.8311.59
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital8.273.382.471.20-1.80-1.31
Cash from Operating Activities21.0015.7915.245.9115.0210.28
Capital Expenditures-2.24-4.21-1.30-1.07-0.74-2.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses51.250.890.470.860.850.82
Purchase or Sale of Investments165.924.96-23.89-11.14-26.3429.27
Purchase of Investments9.41-35.24-43.91-59.49-51.72-43.29
Sale Or Maturity of Investments156.5140.2020.0248.3525.3872.57
Other Uses0.000.000.000.00-3.020.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities143.23-57.16-15.11-23.42-49.686.56
Cash Dividends Paid-5.56-4.96-4.95-4.77-4.77-4.66
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-0.080.280.050.33-1.43-5.17
Repurchase of Common Pref Stock-1.04-0.37-0.11-0.15-1.43-5.17
Sale of Common Pref Stock0.950.650.170.480.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-125.02-0.02-0.020.00-4.38-0.01
Change in Long Term Debt-0.02-0.02-0.020.00-4.38-0.01
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt-0.02-0.02-0.020.00-4.38-0.01
Net Financing Active Other Cash Flow0.290.061.74-0.723.50-1.16
Other Financing Activities Uses0.000.000.00-0.600.86-1.24
Cash from Financing Activities27.75-57.4571.29-165.75163.65-49.84
Net Change in Cash191.98-98.8271.42-183.25128.99-33.00
Free Cash Flow18.7611.5913.944.8314.288.28
Price to Free Cash Flow23.5626.7924.8229.8027.7144.43

Revenue breakdown

Revenue split-

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.29%0.6M18.0M82.49K
2026-10-153.52%0.6M18.0M87.04K
2026-09-303.69%0.7M18.0M89.20K
2026-09-153.43%0.6M18.0M98.67K
2026-08-313.04%0.5M17.9M96.32K
2026-08-142.42%0.4M17.9M93.19K
2026-07-312.72%0.4M16.0M89.73K
2026-07-152.66%0.4M16.0M87.97K
2026-06-302.65%0.4M16.0M93.02K
2026-06-151.72%0.3M16.0M82.11K
2026-05-291.72%0.3M16.0M90.92K
2026-05-151.37%0.2M16.0M91.35K
2026-04-301.27%0.2M16.0M95.37K
2026-04-151.09%0.2M16.0M96.21K
2026-03-311.34%0.2M16.0M90.48K
2026-03-131.28%0.2M16.0M86.54K
2026-02-270.87%0.1M16.0M77.46K
2026-02-130.65%0.1M16.0M74.16K
2026-01-300.69%0.1M16.0M69.33K
2026-01-150.66%0.1M16.0M59.28K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call20.0016.5021.000.005.1320.000.000.969-0.0560.004
call22.5014.7018.500.004.4360.000.000.964-0.0540.005
call25.0011.5016.000.003.8290.000.000.957-0.0520.005
call30.006.5011.000.002.7270.000.000.778-0.3010.018
call35.002.156.000.001.7440.000.000.680-0.2370.022
call40.000.004.900.002.2970.000.000.521-0.2840.024
call45.000.004.700.002.9040.000.000.455-0.3890.024
call50.000.004.700.003.4520.000.000.414-0.4530.023
call55.000.004.700.003.8790.000.000.389-0.5020.023
put20.000.004.700.002.4730.000.00-0.030-0.0570.004
put22.500.004.700.002.0830.000.00-0.036-0.0550.005
put25.000.000.200.001.6730.000.00-0.042-0.0480.006
put30.000.004.700.003.0060.000.00-0.221-0.3010.018
put35.000.002.951.051.9558.000.00-0.322-0.2340.022
put40.000.304.900.001.6700.000.00-0.481-0.2830.024
put45.004.008.300.001.6210.000.00-0.546-0.3880.024
put50.009.8012.600.001.7900.000.00-0.585-0.4500.023
put55.0014.8018.500.002.6190.000.00-0.611-0.4980.023

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-0910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-28SEC
2026-10-2613F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-09-30SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-03SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-254Statement of changes in beneficial ownership of securities2026-09-23SEC
2026-09-148-K/A2026-07-01SEC
2026-09-108-KCurrent report2026-09-10SEC
2026-09-094Statement of changes in beneficial ownership of securities2026-09-04SEC
2026-09-014Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-08-134Statement of changes in beneficial ownership of securities2026-08-12SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-3113F-HRFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-06-30SEC
2026-07-238-KCurrent report2026-07-22SEC
2026-07-1411-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-0600158.60K1
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-1296.45K100
2025-1197.86K200

Institutional holders

Manager% owned
ARROW FINANCIAL CORP9.90%
BlackRock, Inc.8.47%
Rhino Investment Partners, Inc5.13%
DIMENSIONAL FUND ADVISORS LP3.95%
VANGUARD CAPITAL MANAGEMENT LLC3.77%
STATE STREET CORP2.97%
GEODE CAPITAL MANAGEMENT, LLC2.85%
AMERICAN CENTURY COMPANIES INC2.62%
MORGAN STANLEY1.36%
ACADIAN ASSET MANAGEMENT LLC1.25%

Funds

Fund% owned
iShares Russell 2000 ETF2.82%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.69%
Avantis U.S. Small Cap Value ETF2.22%
Fidelity Small Cap Index Fund1.09%
VANGUARD EXTENDED MARKET INDEX FUND1.00%
iShares Russell 2000 Value ETF0.97%
State Street(R) SPDR(R) S&P(R) Regional Banking ETF0.77%
U.S. Targeted Value Portfolio0.70%
Dimensional U.S. Targeted Value ETF0.58%
U.S. MICRO CAP PORTFOLIO0.57%

OakChart. AROW. Cached 15 minutes.