Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. The Company is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc., and Upstate Agency, LLC, specializing in property and casualty insurance and group health and employee benefits.

Company profile
Ticker
AROW
Exchange
Website
CEO
Thomas Murphy
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ARROW BANK CORP
SEC CIK
Corporate docs
Subsidiaries
Glens Falls National Bank and Trust Company • A Nationally Chartered Commercial Bank • Saratoga National Bank and Trust Company • A Non-deposit Trust Company • Arrow Properties, Inc. • North Country Investment Advisers, Inc. • A New York Corporation • NC Financial Services, Inc. • Glens Falls National Community Development Corporation • Upstate Agency, LLC ...
IRS number
222448962
AROW stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
16 Mar 23
8-K
Regulation FD Disclosure
23 Feb 23
8-K
Arrow Financial Corporation Names Ivanov CFO
6 Feb 23
8-K
Arrow Reports $48.8 million in Net Income, Record Loan Growth of $315 million in 2022
30 Jan 23
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Arrow Approves 2023 Stock Repurchase Program
27 Oct 22
8-K
Arrow Reports $12.2 million in Q3 Net Income, Loan Growth of $80 Million in the Quarter
27 Oct 22
8-K
Departure of Directors or Certain Officers
6 Oct 22
8-K
Departure of Directors or Certain Officers
30 Sep 22
8-K
Arrow Financial Corporation Declares Stock Dividend
1 Sep 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 373.43 mm | 373.43 mm | 373.43 mm | 373.43 mm | 373.43 mm | 373.43 mm |
Cash burn (monthly) | (no burn) | 18.74 mm | 9.20 mm | 8.75 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 111.64 mm | 54.80 mm | 52.08 mm | n/a | n/a |
Cash remaining | n/a | 261.79 mm | 318.63 mm | 321.34 mm | n/a | n/a |
Runway (months of cash) | n/a | 14.0 | 34.6 | 36.7 | n/a | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 451 |
Opened positions | 65 |
Closed positions | 47 |
Increased positions | 162 |
Reduced positions | 167 |
13F shares | Current |
---|---|
Total value | 5.94 tn |
Total shares | 57.53 mm |
Total puts | 50.10 k |
Total calls | 34.80 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.77 mm | $812.00 bn |
Vanguard | 6.83 mm | $714.64 bn |
Cooke & Bieler | 3.51 mm | $366.67 bn |
LSV Asset Management | 2.77 mm | $290.42 bn |
STT State Street | 2.77 mm | $289.49 bn |
Dimensional Fund Advisors | 2.63 mm | $275.47 bn |
Aqr Capital Management | 2.08 mm | $216.72 bn |
Lyrical Asset Management | 1.28 mm | $134.06 bn |
Millennium Management | 1.26 mm | $131.49 bn |
Earnest Partners | 1.03 mm | $107.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Mar 23 | Dake Gary C | Common Stock | Buy | Acquire P | No | No | 27.5656 | 1,000 | 27.57 k | 46,329 |
17 Feb 23 | Dake Gary C | Common Stock | Option exercise | Acquire M | No | No | 28.29 | 1,160 | 32.82 k | 45,312 |
17 Feb 23 | Dake Gary C | Director Stock Option Common Stock | Option exercise | Dispose M | No | No | 28.29 | 1,160 | 32.82 k | 0 |
6 Feb 23 | Read Colin L | Common Stock | Sell | Dispose S | No | No | 31.7045 | 300 | 9.51 k | 9,420 |
3 Feb 23 | Read Colin L | Common Stock | Sell | Dispose S | No | No | 32.471 | 300 | 9.74 k | 9,720 |
1 Feb 23 | Casaccio Tenee R | Director Stock Option Common Stock | Grant | Acquire A | No | No | 32.41 | 1,000 | 32.41 k | 1,000 |
News
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
Stocks That Hit 52-Week Lows On Friday
10 Mar 23
Top Financial Stocks That Are Preparing To Pump In February
10 Feb 23
Arrow Financial Corporation Names Penko Ivanov CFO Of Arrow And Its Two Subsidiary Banks, Glens Falls National Bank And Trust Company And Saratoga National Bank And Trust Company, As Well As Its Insurance Subsidiary, Upstate Agency, Llc., Effective Feb 21
6 Feb 23
Arrow Financial Q4 EPS $0.73 Misses $0.80 Estimate, Sales $35.90M Miss $39.09M Estimate
30 Jan 23