Arrow Financial (NASDAQ:AROW) Releases Earnings Results, Beats Estimates By $0.03 EPS

Arrow Financial (NASDAQ:AROW) posted its quarterly earnings results on Thursday. The financial services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.03, FiscalAI reports. Arrow Financial had a net margin of 16.56% and a return on equity of 13.18%. The business had revenue of $60.15 million for the quarter, compared to the consensus estimate of $57.82 million.

Arrow Financial Stock Performance

Shares of AROW opened at $38.36 on Friday. The firm has a market cap of $710.43 million, a price-to-earnings ratio of 11.44 and a beta of 0.76. The company’s fifty day moving average is $37.85 and its 200-day moving average is $36.90. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.06. Arrow Financial has a 12 month low of $27.06 and a 12 month high of $42.70.

Arrow Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Wednesday, November 11th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 10th. This represents a $1.20 annualized dividend and a dividend yield of 3.1%. Arrow Financial’s dividend payout ratio is 38.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on AROW shares. Piper Sandler restated an “overweight” rating and issued a $46.00 target price (up from $43.00) on shares of Arrow Financial in a research note on Tuesday, July 28th. Raymond James Financial started coverage on Arrow Financial in a research report on Tuesday, September 1st. They issued an “outperform” rating and a $44.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Arrow Financial in a research note on Thursday, October 22nd. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $41.62.

Arrow Financial News Summary

Here are the key news stories impacting Arrow Financial this week:

• Positive Sentiment: Core earnings and revenue exceeded expectations. Arrow reported adjusted EPS of $0.97, ahead of the $0.94 consensus estimate and up from $0.77 a year earlier. Quarterly revenue of $60.15 million also topped the $57.82 million analyst forecast. Arrow Financial Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: The acquisition increased net interest income and balance-sheet scale. Net interest income rose 35.6% sequentially to $48.7 million, while net interest margin improved to 3.80% from 3.42%. Assets increased to $5.5 billion, loans rose by $648 million to $4.1 billion, and deposits grew by $1.1 billion to $4.7 billion. Arrow Financial Q3 2026: Adirondack Deal Lifts Net Interest Income
• Positive Sentiment: Arrow maintained its shareholder return. The company declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a yield of approximately 3.1%. The dividend is payable November 23 to shareholders of record November 11. Arrow Financial Declares Dividend
• Neutral Sentiment: Credit trends remain an area to monitor. Arrow separately reported third-quarter consolidated loan charge-off data, which investors will evaluate alongside the rapid post-acquisition loan growth.
• Negative Sentiment: Reported profit fell sharply because of merger costs. GAAP net income was $5.7 million, or $0.31 per diluted share, compared with $11.0 million, or $0.66 per share, in the prior quarter. Arrow recorded approximately $15.6 million in merger-related expenses following the July 1 Adirondack acquisition, creating near-term earnings pressure. Arrow Financial Reports Third-Quarter Net Income

About Arrow Financial

Arrow Financial Corporation (NASDAQ: AROW) is a bank holding company headquartered in Glens Falls, New York. Through its banking subsidiaries, the company provides commercial and consumer banking services to individuals, families, businesses and municipalities.

Arrow’s offerings include checking and savings accounts, certificates of deposit, residential mortgages, home equity financing, consumer loans, commercial lending, treasury management and online banking. Through affiliated businesses, it also provides investment management, trust and financial planning services, as well as insurance products.

The company’s banking operations serve communities primarily in eastern New York, including the Capital Region, the Adirondacks and the surrounding areas.