Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services.
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 underperformed the US Banks industry which returned 2.3% over the past year.
Return vs Market: AROW underperformed the US Market which returned 10.5% 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
22 hours ago | Simply Wall StIs It Smart To Buy Arrow Financial Corporation (NASDAQ:AROW) Before It Goes Ex-Dividend?
2 days ago | Simply Wall StShould We Worry About Arrow Financial Corporation's (NASDAQ:AROW) P/E Ratio?
2 weeks ago | Simply Wall StWho Has Been Selling Arrow Financial Corporation (NASDAQ:AROW) Shares?
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 ($33.4) is trading below our estimate of fair value ($40.68)
Significantly Below Fair Value: AROW is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AROW is poor value based on its PE Ratio (13.3x) compared to the Banks industry average (12.2x).
PE vs Market: AROW is good value based on its PE Ratio (13.3x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: AROW is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: AROW is overvalued based on its PB Ratio (1.7x) compared to the US Banks industry average (1.2x).
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 (7.6% per year) is above the savings rate (1.7%).
Earnings vs Market: AROW's earnings (7.6% per year) are forecast to grow slower than the US market (13.2% per year).
High Growth Earnings: AROW's earnings are forecast to grow, but not significantly.
Revenue vs Market: AROW's revenue (6.3% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: AROW's revenue (6.3% per year) is forecast to grow slower than 20% 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 (12.8%).
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 (32.7%) are lower than last year (32.9%).
Past Earnings Growth Analysis
Earnings Trend: AROW's earnings have grown by 10.6% per year over the past 5 years.
Accelerating Growth: AROW's earnings growth over the past year (3.3%) is below its 5-year average (10.6% per year).
Earnings vs Industry: AROW earnings growth over the past year (3.3%) underperformed the Banks industry 12%.
Return on Equity
High ROE: AROW's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: AROW has a low level of unsold assets or inventory.
Debt Coverage by Assets: AROW's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: AROW's level of assets compared to its equity is moderate.
Allowance for Bad Loans: AROW has a sufficient allowance for bad loans.
Low Risk Liabilities: AROW's liabilities are made up of primarily low risk sources of funding.
Loan Level: AROW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AROW's loans are broadly funded by customer deposits.
Level of Bad Loans: AROW has an appropriate level of bad loans (0.18%)
What is Arrow Financial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Arrow Financial before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AROW's dividend (3.11%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: AROW's dividend (3.11%) is low compared to the top 25% of dividend payers in the US market (3.9%).
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 (40.5%), 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 (37.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Murphy (60yo)
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 ($USD1.34M) is about average for companies of similar size in the US market ($USD1.73M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
|Senior VP||2.4yrs||US$343.35k||0.00011% $553.8|
|Senior VP & COO||2yrs||US$313.18k||0.0021% $10.3k|
|Senior VP & Chief Banking Officer||10.8yrs||US$524.32k||0.17% $873.4k|
|Senior Vice President||5yrs||US$426.69k||0.087% $439.7k|
|Corporate Secretary||0yrs||no data||no data|
Experienced Management: AROW's management team is seasoned and experienced (5 years average tenure).
|Chairman Emeritus||15.8yrs||US$20.10k||no data|
|Chairman of the Board||15.8yrs||US$104.46k||1.33% $6.7m|
|Independent Director||31.1yrs||US$59.65k||0.27% $1.4m|
|Independent Director||21.1yrs||US$65.45k||0.10% $520.5k|
|Lead Director||2.8yrs||US$52.69k||0.049% $245.8k|
|Independent Director||17.1yrs||US$56.21k||0.21% $1.1m|
|Independent Director||14yrs||US$60.76k||0.088% $444.8k|
|Independent Director||3.1yrs||US$59.06k||0.30% $1.5m|
|Independent Director||6.8yrs||US$54.31k||0.059% $296.7k|
Experienced Board: AROW's board of directors are seasoned and experienced ( 14.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AROW insiders have only sold shares 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$503.489m
- Shares outstanding: 15.00m
- 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 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, as well as 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 lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 28 branch banking offices; and leases 12 branch banking offices, as well as 2 residential loan origination offices. The company was founded in 1851 and is headquartered in Glens Falls, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 23:43|
|End of Day Share Price||2020/02/26 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.