Arrow Financial Corporation

AROW

US0427441029

Banks

Real-time Estimate Cboe BZX Other stock markets 08:59:28 16/07/2024 pm IST			5-day change	1st Jan Change
29.7 ^USD	+4.16%		+15.54%	+6.69%

06/06	Arrow Financial Corporation Announces Board Changes	CI
30/04	Arrow Financial Q1 Earnings Decline; Quarterly Dividend Maintained	MT

Arrow Financial Corporation Reports Earnings Results for the Full Year Ended December 31, 2022

January 30, 2023 at 09:13 pm IST

Arrow Financial Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported net interest income was USD 118.34 million compared to USD 110.36 million a year ago. Net income was USD 48.8 million compared to USD 49.86 million a year ago.

Basic earnings per share from continuing operations was USD 2.8641 compared to USD 2.932 a year ago. Diluted earnings per share from continuing operations was USD 2.8641 compared to USD 2.9223 a year ago.

Latest news about Arrow Financial Corporation

Arrow Financial Corporation Announces Board Changes	06/06	CI
Arrow Financial Q1 Earnings Decline; Quarterly Dividend Maintained	01/05	MT
Earnings Flash (AROW) ARROW FINANCIAL CORPORATION Posts Q1 EPS $0.45	30/04	MT
Tranche Update on Arrow Financial Corporation's Equity Buyback Plan announced on October 27, 2022.	30/04	CI
Arrow Financial Corporation Reports Net Loans Charged-Off for the First Quarter Ended March 31, 2024	30/04	CI
Arrow Financial Corporation Declares Quarterly Cash Dividend, Payable on May 24, 2024	30/04	CI
Tranche Update on Arrow Financial Corporation's Equity Buyback Plan announced on October 27, 2022.	30/04	CI
Arrow Financial Corporation announces an Equity Buyback for $5 million worth of its shares.	30/04	CI
Arrow Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	30/04	CI
Arrow Financial Corporation's Equity Buyback announced on October 27, 2022 has closed with 405,356 shares, representing 2.39% for $10 million.	24/04	CI
Arrow Financial Corporation authorizes a Buyback Plan.	24/04	CI
Arrow Financial Unit to Acquire Berkshire Bank's New York Branch	05/03	MT
Tranche Update on Arrow Financial Corporation's Equity Buyback Plan announced on October 27, 2022.	01/02	CI
Arrow Financial Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	01/02	CI
Arrow Financial Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	01/02	CI
North American Morning Briefing : Intel Drags Down -2-	26/01	DJ
Hovde Starts Arrow Financial With Market Perform Rating, $30 Price Target	09/01	MT
Tranche Update on Arrow Financial Corporation's Equity Buyback Plan announced on October 27, 2022.	10/11	CI
Arrow Financial Corporation Declares December 2023 Cash Dividend, Payable on December 15, 2023	27/23/27	CI
Arrow Financial Corporation announces an Increase in Equity Buyback.	25/23/25	CI
Earnings Flash (AROW) ARROW FINANCIAL CORPORATION Posts Q3 EPS $0.46	24/23/24	MT
Arrow Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	24/23/24	CI
Tranche Update on Arrow Financial Corporation's Equity Buyback Plan announced on October 27, 2022.	08/23/08	CI
Arrow Financial Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	08/23/08	CI
Arrow Financial Corporation Appoints David S. DeMarco as Director	31/23/31	CI

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Company Profile

Arrow Financial Corporation is a bank holding company. The Company's banking subsidiaries include Glens Falls National Bank and Trust Company (GFNB) and Saratoga National Bank and Trust Company (SNB). The two banks provide a full range of services for individuals and small to mid-size businesses in northeastern New York State from Albany, the state's capitol, to the Canadian border. It is engaged in a range of lending activities, including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties, and consumer installment and home equity financing. It also provides retirement planning, trust and estate administration services for individuals, and pension, profit-sharing and employee benefit plan administration for corporations. GFNB's subsidiary, Upstate Agency LLC, offers insurance services, including property and casualty insurance, group health insurance and individual life insurance products.

Sector

Banks

Calendar

23/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Arrow Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

28.51 USD

Average target price

24 USD

Spread / Average Target

-15.82%

Consensus

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