Arrow Financial Management
Management criteria checks 3/4
Arrow Financial's CEO is Dave DeMarco, appointed in May 2023, has a tenure of 2.75 years. total yearly compensation is $1.23M, comprised of 56.3% salary and 43.7% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth $3.28M. The average tenure of the management team and the board of directors is 2.1 years and 9.1 years respectively.
Key information
Dave DeMarco
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 56.34% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.1yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
Arrow Financial (NASDAQ:AROW) Has Announced That It Will Be Increasing Its Dividend To $0.30
Feb 03
Arrow Financial: Progress Is Good, But It's Not Good Enough
Jan 05Arrow Financial's (NASDAQ:AROW) Dividend Will Be Increased To $0.29
Jul 27Arrow Financial: Upgrading To Buy After The Market's Overreaction To Q4's Earnings Miss
Mar 09Arrow Financial: Earnings Likely To Jump Thanks To Loan Growth And Margin Expansion
May 17Arrow Financial (NASDAQ:AROW) Is Due To Pay A Dividend Of $0.27
Oct 31Arrow Financial's (NASDAQ:AROW) Dividend Will Be $0.27
Aug 28Arrow Financial's (NASDAQ:AROW) Dividend Will Be $0.27
Aug 12Arrow Financial (NASDAQ:AROW) Has Affirmed Its Dividend Of $0.27
May 07Arrow Financial (NASDAQ:AROW) Has Affirmed Its Dividend Of $0.27
Feb 07Arrow Financial declares 3% stock dividend
Sep 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | US$44m |
| Sep 30 2025 | n/a | n/a | US$34m |
| Jun 30 2025 | n/a | n/a | US$31m |
| Mar 31 2025 | n/a | n/a | US$28m |
| Dec 31 2024 | US$1m | US$695k | US$30m |
| Sep 30 2024 | n/a | n/a | US$33m |
| Jun 30 2024 | n/a | n/a | US$32m |
| Mar 31 2024 | n/a | n/a | US$29m |
| Dec 31 2023 | US$944k | US$502k | US$30m |
| Sep 30 2023 | n/a | n/a | US$34m |
| Jun 30 2023 | n/a | n/a | US$39m |
| Mar 31 2023 | n/a | n/a | US$45m |
| Dec 31 2022 | US$742k | US$395k | US$49m |
| Sep 30 2022 | n/a | n/a | US$47m |
| Jun 30 2022 | n/a | n/a | US$48m |
| Mar 31 2022 | n/a | n/a | US$49m |
| Dec 31 2021 | US$664k | US$365k | US$50m |
| Sep 30 2021 | n/a | n/a | US$52m |
| Jun 30 2021 | n/a | n/a | US$50m |
| Mar 31 2021 | n/a | n/a | US$46m |
| Dec 31 2020 | US$595k | US$340k | US$41m |
| Sep 30 2020 | n/a | n/a | US$38m |
| Jun 30 2020 | n/a | n/a | US$37m |
| Mar 31 2020 | n/a | n/a | US$37m |
| Dec 31 2019 | US$533k | US$325k | US$37m |
Compensation vs Market: Dave's total compensation ($USD1.23M) is below average for companies of similar size in the US market ($USD2.27M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
CEO
Dave DeMarco (63 yo)
Mr. David S. DeMarco, also known as Dave, serves as Director at Arrow Financial Corporation since July 26, 2023. He serves as President and Chief Executive Officer at Arrow Financial Corporation since May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.8yrs | US$1.23m | 0.57% $ 3.3m | |
| Senior EVP | 3yrs | US$659.82k | 0.19% $ 1.1m | |
| Senior EVP & Chief Banking Officer | 2yrs | US$537.19k | 0.086% $ 491.4k | |
| Senior EVP | no data | US$625.13k | 0.16% $ 897.7k | |
| Executive VP & Chief Information Officer | 2yrs | no data | 0.076% $ 437.1k | |
| Senior EVP & Chief Human Resources Officer | 2yrs | no data | 0.044% $ 249.3k | |
| Senior VP and Director of Marketing & Communications of Glen Falls | 2.2yrs | no data | no data | |
| Controller | no data | no data | no data |
Experienced Management: AROW's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.6yrs | US$1.23m | 0.57% $ 3.3m | |
| Chairman Emeritus | 21.8yrs | US$20.10k | no data | |
| Independent Director | 37.1yrs | US$91.81k | 0.37% $ 2.1m | |
| Independent Vice-Chair | 9.1yrs | US$84.77k | 0.077% $ 441.9k | |
| Independent Director | 4.8yrs | US$83.14k | 0.067% $ 380.5k | |
| Independent Director | 9.1yrs | US$84.56k | 0.19% $ 1.1m | |
| Director | 1.3yrs | US$46.32k | 0.12% $ 676.7k | |
| Independent Director | 12.8yrs | US$89.14k | 0.20% $ 1.2m | |
| Chair | 12.1yrs | US$105.39k | 0.17% $ 959.3k | |
| Independent Director | 9.1yrs | US$83.14k | 0.28% $ 1.6m | |
| Independent Director | 1.3yrs | US$48.82k | 0.042% $ 242.6k | |
| Independent Director | 1.3yrs | no data | 0.047% $ 268.5k |
Experienced Board: AROW's board of directors are considered experienced (9.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/19 05:34 |
| End of Day Share Price | 2026/02/19 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Arrow Financial Corporation is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Feddie Strickland | Hovde Group, LLC |
| Longdley Zephirin | Zephirin Group, Inc. |