| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
AROW Stock Overview
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services.
Rewards
Risk Analysis
No risks detected for AROW from our risk checks.
Arrow Financial Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.44 |
| 52 Week High | US$38.25 |
| 52 Week Low | US$30.50 |
| Beta | 0.62 |
| 1 Month Change | 3.71% |
| 3 Month Change | -4.64% |
| 1 Year Change | -7.60% |
| 3 Year Change | 6.97% |
| 5 Year Change | 18.82% |
| Change since IPO | 654.46% |
Recent News & Updates
Shareholder Returns
| AROW | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.8% | 3.9% | 1.0% |
| 1Y | -7.6% | -15.0% | -15.1% |
Return vs Industry: AROW exceeded the US Banks industry which returned -15.5% over the past year.
Return vs Market: AROW exceeded the US Market which returned -13.2% over the past year.
Price Volatility
| AROW volatility | |
|---|---|
| AROW Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: AROW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AROW's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1851 | 512 | Tom Murphy | https://www.arrowfinancial.com |
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.
Arrow Financial Fundamentals Summary
| AROW fundamental statistics | |
|---|---|
| Market Cap | US$519.60m |
| Earnings (TTM) | US$49.15m |
| Revenue (TTM) | US$142.26m |
10.6x
P/E Ratio1.5x
P/B RatioIs AROW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AROW income statement (TTM) | |
|---|---|
| Revenue | US$142.26m |
| Cost of Revenue | US$0 |
| Gross Profit | US$142.26m |
| Other Expenses | US$93.11m |
| Earnings | US$49.15m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.07 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.55% |
| Debt/Equity Ratio | 13.8% |
How did AROW perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield34%
Payout RatioDoes AROW pay a reliable dividends?
See AROW dividend history and benchmarks| Arrow Financial dividend dates | |
|---|---|
| Ex Dividend Date | May 31 2022 |
| Dividend Pay Date | Jun 15 2022 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 19 days |
Does AROW pay a reliable dividends?
See AROW dividend history and benchmarksValuation
Is Arrow Financial undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
44.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AROW ($32.44) is trading below our estimate of fair value ($58.79)
Significantly Below Fair Value: AROW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AROW is poor value based on its Price-To-Earnings Ratio (10.6x) compared to the US Banks industry average (9.7x).
PE vs Market: AROW is good value based on its Price-To-Earnings Ratio (10.6x) compared to the US market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: AROW is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: AROW is overvalued based on its Price-To-Book Ratio (1.5x) compared to the US Banks industry average (1.1x).
Future Growth
How is Arrow Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AROW's forecast earnings growth (4.1% per year) is above the savings rate (1.9%).
Earnings vs Market: AROW's earnings (4.1% per year) are forecast to grow slower than the US market (12.1% per year).
High Growth Earnings: AROW's earnings are forecast to grow, but not significantly.
Revenue vs Market: AROW's revenue (5.2% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: AROW's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AROW's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Arrow Financial performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AROW has high quality earnings.
Growing Profit Margin: AROW's current net profit margins (34.6%) are lower than last year (35.4%).
Past Earnings Growth Analysis
Earnings Trend: AROW's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: AROW's earnings growth over the past year (6.9%) is below its 5-year average (12.5% per year).
Earnings vs Industry: AROW earnings growth over the past year (6.9%) underperformed the Banks industry 20.8%.
Return on Equity
High ROE: AROW's Return on Equity (13.8%) is considered low.
Financial Health
How is Arrow Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
6/6Financial Health Score 6/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: AROW's Assets to Equity ratio (11.6x) is moderate.
Allowance for Bad Loans: AROW has a sufficient allowance for bad loans (280%).
Low Risk Liabilities: 98% of AROW's liabilities are made up of primarily low risk sources of funding.
Loan Level: AROW has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: AROW's Loans to Deposits ratio (73%) is appropriate.
Level of Bad Loans: AROW has an appropriate level of bad loans (0.4%).
Dividend
What is Arrow Financial current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.33%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AROW's dividend (3.33%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: AROW's dividend (3.33%) is low compared to the top 25% of dividend payers in the US market (4.06%).
Stability and Growth of Payments
Stable Dividend: AROW's dividends per share have been stable in the past 10 years.
Growing Dividend: AROW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), AROW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Tom Murphy (62 yo)
10.33yrs
Tenure
US$2,146,089
Compensation
Mr. Thomas J. Murphy, also known as Tom, CPA has been the Chief Executive Officer and President of Glens Falls National Bank and Trust Company since January 1, 2013. Mr. Murphy serves as the President of C...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.15M) is about average for companies of similar size in the US market ($USD2.69M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AROW's management team is seasoned and experienced (7.5 years average tenure).
Board Members
Experienced Board: AROW's board of directors are considered experienced (8.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AROW insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Arrow Financial Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Arrow Financial Corporation
- Ticker: AROW
- Exchange: NasdaqGS
- Founded: 1851
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$519.600m
- Shares outstanding: 16.02m
- Website: https://www.arrowfinancial.com
Number of Employees
Location
- Arrow Financial Corporation
- 250 Glen Street
- Glens Falls
- New York
- 12801
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/25 00:00 |
| End of Day Share Price | 2022/05/25 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.