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NASDAQ · Banks - Regional · USD

Arrow Financial Corporation (AROW) Stock Analysis

Arrow Financial Corporation (AROW) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

AROW

$37.19

−$0.30 (−0.80%)

Oct 21, 2026 · Market close

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Price History

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AROW Key Statistics

As of Oct 21, 2026
Trading
Open
$37.57
Previous Close
$37.49
Day's Range
36.70–37.57
52-Week Range
26.17–42.70
Volume
57.60K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.74
Valuation
Market Cap
$688.90M
P/E Ratio
12.00
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
8.63
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.84
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.05
EPS (ttm)Profit attributable to each share over the last twelve months.
3.10
Financials (FY)
Revenue (FY)
$165.60M+18.45%
Net Income (FY)
$43.95M+47.95%
Profit marginThe share of revenue left as profit after all costs and taxes.
30.14%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
18.52M
1-Year Return
+41.92%
Dividend and dates
Dividend
$1.20+3.20%
Ex-Dividend Date
August 11, 2026
Earnings Date
October 29, 2026estimated
Avg Volume
85.30K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, AROW closed at $37.19, +41.92% over 1 year.

Arrow Financial Corporation (AROW) has a market capitalization of $688.90M.

In fiscal 2025, AROW reported revenue of $165.60M.

AROW Stock Return by Calendar Year

Arrow Financial Corporation (AROW) 10-year return: what $10,000 became

1 year
$10,000 $14,192
+41.92%
5 years
$10,000 $12,890
+28.90%
10 years
$10,000 $18,601
+86.01%

If you had invested $10,000 in Arrow Financial Corporation (AROW) 10 years ago, at the close on October 21, 2016, it would have been worth $18,601 at the close on October 21, 2026: +86.01% in total, +6.40% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+20.44%
2025+13.95%
2024+7.15%
2023−13.38%
2022+2.33%
2021+21.34%
2020−18.04%
2019+25.41%
2018−0.08%
2017−11.10%
2016 (partial year)+30.27%

As of October 21, 2026.

AROW Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$165.60M$43.95M26.5%
2024$139.81M$29.71M21.3%
2023$133.95M$30.08M22.5%
2022$149.24M$48.80M32.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$165.60M——$43.95M26.5%
2024$139.81M——$29.71M21.3%
2023$133.95M——$30.08M22.5%
2022$149.24M——$48.80M32.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

AROW Dividend History

$1.14+4.6% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.903—
2025$1.144+4.6%
2024$1.094+0.9%
2023$1.084+2.2%
YearDividends per sharePaymentsChange
2026 (partial year)$0.903—
2025$1.144+4.6%
2024$1.094+0.9%
2023$1.084+2.2%
2022$1.064+4.6%
2021$1.014+0.0%
2020$1.014+2.2%
2019$0.994+5.0%
2018$0.944+5.1%
2017$0.904+303.0%
2016$0.221—

Most recent payment: $0.30 per share, ex-dividend August 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

AROW Valuation vs Banks - Regional Median

Median of 326 stocks
MetricAROWBanks - Regional medianvs median
P/E12.0012.030% below
P/S ratio4.053.5813% above
Profit margin30.14%29.44%0.7 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Arrow Financial Corporation (AROW) carries a market capitalisation of $688.90M. The company sits in the Financial Services sector, in the Banks - Regional industry. The company reports 575 employees.

AROW last closed at $37.19 on October 21, 2026. That is −$0.30 (−0.80%) against the previous close. The 52-week range on file runs from $26.17 to $42.70. The latest close sits 42.11% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $165.60M. Against the prior fiscal year total of $139.81M, that is a change of +18.45%. The same year closed with net income of $43.95M. That is +47.95% against the prior fiscal year. Profit margin runs at 30.14%. That is 0.7 percentage points above the Banks - Regional median of 29.44%. Earnings per share on a trailing basis come to 3.1.

Across the 4 fiscal years on file, revenue moves from $149.24M in 2022 to $165.60M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

AROW trades at a trailing price-to-earnings ratio of 12. That is 0.25% below the Banks - Regional median of 12.03. On forward earnings the ratio is 8.63. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.84. The price-to-sales ratio is 4.05. On price-to-sales that is 13.13% above the Banks - Regional median of 3.58. The medians here are taken across 326 Banks - Regional companies that report the metric.

The reported beta is 0.74. Daily returns over the trailing 10 years annualize to a volatility of 32.39%. Over the trailing twelve months the total return is +41.92%. Measured over 10 years, that is +6.40% a year compounded.

Growth & Income

The trailing dividend yield is 3.2%. That is 0.5 percentage points above the Banks - Regional median yield of 2.68%. At the indicated rate that is $1.20 a share a year. The ex-dividend date on file is August 11, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.90 a share. The year before, 2025, totalled $1.14 a share.

So far in 2026 the total return is +20.44%. Across the complete calendar years on file, 2019 returned +25.41% and 2020 returned −18.04%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Arrow Financial Corporation (AROW) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Arrow Financial Corporation AROW $688.90M 12.0
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. Arrow Financial Corporation trades at a P/E of 12.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Arrow Financial Corporation

Arrow Financial Corporation, a bank holding company, provides various commercial and consumer banking, and financial products and services in the United States. 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 enhancement 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, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses, as well as maintains an indirect lending program. In addition, it provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Further, the company offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products. The company was founded in 1851 and is headquartered in Glens Falls, New York.

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