Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. More Details
No risks detected for AROW from our risk checks.
Flawless balance sheet established dividend payer.
Share Price & News
How has Arrow Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AROW has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AROW exceeded the US Banks industry which returned -28.3% over the past year.
Return vs Market: AROW underperformed the US Market which returned 15.6% over the past year.
Price Volatility Vs. Market
How volatile is Arrow Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StDoes Arrow Financial's (NASDAQ:AROW) CEO Salary Compare Well With Industry Peers?
4 weeks ago | Simply Wall StOne Arrow Financial Corporation (NASDAQ:AROW) Analyst Just Slashed Their 2020 Revenue Estimates
1 month ago | Simply Wall StDoes Arrow Financial Corporation (NASDAQ:AROW) Have A Place In Your Dividend Portfolio?
Is Arrow Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AROW ($28.41) is trading below our estimate of fair value ($40.81)
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 PE Ratio (11.5x) compared to the US Banks industry average (10.2x).
PE vs Market: AROW is good value based on its PE Ratio (11.5x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: AROW is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: AROW is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (0.8x).
How is Arrow Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AROW's forecast earnings growth (2.7% per year) is above the savings rate (2.2%).
Earnings vs Market: AROW's earnings (2.7% per year) are forecast to grow slower than the US market (22.2% per year).
High Growth Earnings: AROW's earnings are forecast to grow, but not significantly.
Revenue vs Market: AROW's revenue is expected to decline over the next 3 years (-5.2% per year).
High Growth Revenue: AROW's revenue is forecast to decline over the next 3 years (-5.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AROW's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Arrow Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AROW has high quality earnings.
Growing Profit Margin: AROW's current net profit margins (32.4%) are higher than last year (32.3%).
Past Earnings Growth Analysis
Earnings Trend: AROW's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: AROW's earnings growth over the past year (4.3%) is below its 5-year average (10.2% per year).
Earnings vs Industry: AROW earnings growth over the past year (4.3%) exceeded the Banks industry -4%.
Return on Equity
High ROE: AROW's Return on Equity (11.7%) is considered low.
How is Arrow Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
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 (453%).
Low Risk Liabilities: 95% 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 (68%).
Low Risk Deposits: AROW's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: AROW has an appropriate level of bad loans (0.2%).
What is Arrow Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AROW's dividend (3.44%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: AROW's dividend (3.44%) is low compared to the top 25% of dividend payers in the US market (4.63%).
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
Dividend Coverage: With its reasonably low payout ratio (40%), AROW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AROW's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Murphy (61 yo)
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 ($USD1.43M) is about average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Senior VP||3.08yrs||US$379.50k||0.0013% |
|Senior VP & COO||2.67yrs||US$349.59k||0.0055% |
|Senior VP & Chief Banking Officer||11.42yrs||US$532.58k||0.19% |
|Corporate Secretary||no data||no data||no data|
Experienced Management: AROW's management team is seasoned and experienced (5.4 years average tenure).
|Chairman Emeritus||16.5yrs||US$20.10k||no data|
|Independent Chairman of the Board||16.5yrs||US$71.25k||1.35% |
|Independent Director||31.75yrs||US$63.02k||0.27% |
|Independent Director||21.75yrs||US$68.03k||0.12% |
|Independent Lead Director||3.42yrs||US$55.45k||0.051% |
|Independent Director||17.75yrs||US$57.95k||0.21% |
|Independent Director||14.67yrs||US$64.60k||0.11% |
|Independent Director||3.75yrs||US$55.95k||0.021% |
|Independent Director||3.75yrs||US$61.85k||0.29% |
|Independent Director||7.42yrs||US$57.10k||0.084% |
|Independent Director||6.83yrs||US$55.95k||0.082% |
Experienced Board: AROW's board of directors are seasoned and experienced ( 11.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Arrow Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: Arrow Financial Corporation
- Ticker: AROW
- Exchange: NasdaqGS
- Founded: 1851
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$440.053m
- Shares outstanding: 15.49m
- Website: https://www.arrowfinancial.com
Number of Employees
- Arrow Financial Corporation
- 250 Glen Street
- Glens Falls
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AROW||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1975|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 23:41|
|End of Day Share Price||2020/10/26 00:00|
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.