arrow financial corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. the company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. the company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. in addition, it maintains an indirect

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)
S-8
Registration of securities for employees
7 Dec 23
S-8
Registration of securities for employees
7 Dec 23
8-K
Other Events
4 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
27 Oct 23
8-K
Arrow Declares December 2023 Cash Dividend; Announces Resumption of Dividend Reinvestment Plan and Expansion of Its Stock Repurchase Program
26 Oct 23
8-K
Today’s Agenda Welcome Arrow Overview Business Meeting Financials Strategic Focus Closing
25 Oct 23
8-K
Loans of $3.1 Billion on 9% Annualized Loan Growth
24 Oct 23
ARS
2022 FY
Annual report to shareholders
13 Sep 23
DEFA14A
Additional proxy soliciting materials
13 Sep 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 294.74 mm | 294.74 mm | 294.74 mm | 294.74 mm | 294.74 mm | 294.74 mm |
Cash burn (monthly) | (no burn) | 6.56 mm | 8.30 mm | 8.67 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 15.50 mm | 19.61 mm | 20.50 mm | n/a | n/a |
Cash remaining | n/a | 279.24 mm | 275.13 mm | 274.24 mm | n/a | n/a |
Runway (months of cash) | n/a | 42.6 | 33.2 | 31.6 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 442 |
Opened positions | 53 |
Closed positions | 68 |
Increased positions | 126 |
Reduced positions | 188 |
13F shares | Current |
---|---|
Total value | 6.49 tn |
Total shares | 51.74 mm |
Total puts | 19.90 k |
Total calls | 24.10 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.64 mm | $957.04 bn |
Vanguard | 6.40 mm | $802.11 bn |
LSV Asset Management | 2.57 mm | $321.92 bn |
STT State Street | 2.52 mm | $315.90 bn |
Dimensional Fund Advisors | 2.43 mm | $304.27 bn |
Aqr Capital Management | 1.96 mm | $245.12 bn |
Greenhaven Associates | 1.76 mm | $220.06 bn |
Cooke & Bieler | 1.73 mm | $216.71 bn |
AMP Ameriprise Financial | 1.16 mm | $145.24 bn |
Earnest Partners | 1.15 mm | $144.02 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Nov 23 | Andrew J Wise | Common Stock | Buy | Acquire P | No | No | 24.76 | 1,000 | 24.76 k | 8,684 |
22 Nov 23 | Andrew J Wise | Common Stock | Buy | Acquire P | No | No | 24.49 | 1,000 | 24.49 k | 7,684 |
3 Nov 23 | David D Kaiser | Common Stock | Buy | Acquire P | Yes | No | 23.25 | 1,075 | 24.99 k | 5,982 |
3 Nov 23 | Read Colin L | Common Stock | Buy | Acquire P | Yes | No | 22.84 | 1,876 | 42.85 k | 3,020 |
2 Nov 23 | Read Colin L | Common Stock | Buy | Acquire P | Yes | No | 21.795 | 1,144 | 24.93 k | 1,144 |
1 Nov 23 | Owens William L | Common Stock | Buy | Acquire P | No | No | 21.27 | 710 | 15.10 k | 14,789 |
News
Insiders Buying Texas Capital Bancshares And 3 Other Stocks
27 Nov 23
Top 5 Financial Stocks That Could Sink Your Portfolio In Q4
16 Nov 23
Over $1M Bet On This Consumer Cyclical Stock? Check Out These 3 Stocks Insiders Are Buying
8 Nov 23
Remark Announces Sales And Marketing Collaboration With Arrow Electronics And Intel
30 Oct 23
Arrow Declares December 2023 Cash Dividend Of $0.27; Announces Resumption Of Dividend Reinvestment Plan And Expansion Of Its Stock Repurchase Program
26 Oct 23