Arrow Financial Corp

Day range

$38.47 – $39.07

Open

$38.49

Prev close

$38.37

Volume

26.59K

Market cap

$710.76M

Shares out

18.52M

P/E

13.86

P/S

2.85

P/B

1.59

P/FCF

14.90

ROE

11.5%

ROA

1.1%

Debt/Equity

0.74

Div yield

2.74%

As of Oct 23, 2026

• Acquisition agreementSep 10, 2026

  "Upstate Agency, LLC, a subsidiary of Arrow Bank® National Association, has entered into a definitive agreement to acquire Skene Valley Agency, Inc., an independent insurance agency in Washington County, New York."

• Dividend declarationJul 23, 2026

  On July 22, 2026, the Board of Directors (the "Board") of the Company declared a quarterly cash dividend of $0.30 per share payable August 25, 2026 to shareholders of record on August 11, 2026.

• Merger completionJul 1, 2026

  On July 1, 2026, Arrow Financial Corporation (the "Company") closed its previously announced acquisition of Adirondack Bancorp, Inc. ("Adirondack") and its banking subsidiary Adirondack Bank, which was merged with and into Arrow Bank pursuant to the terms of the Agreement and Plan of Merger (the "Agreement") dated February 25, 2026.

• Merger agreementJun 11, 2026

  on February 25, 2026, Arrow Financial Corporation entered into an Agreement and Plan of Merger with Adirondack Bancorp, Inc. and Arrow Merger Sub, Inc. Subject to the terms and conditions of the Agreement, which has been approved by the boards of directors of each party, Adirondack will merge with and into Arrow, with Arrow as the surviving corporation

• Annual meeting resultsJun 4, 2026

  Arrow Financial Corporation held its 2026 Annual Meeting of Shareholders on June 3, 2026. At the 2026 Annual Meeting, our shareholders (1) elected to the board of directors four Class A directors with terms expiring in 2029, (2) approved on an advisory basis the Company's 2025 executive compensation; and (3) ratified the selection of the independent registered public accounting firm, Crowe LLP, as our independent auditor for the fiscal year ending December 31, 2026.

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Days to cover

6.9

Short interest

663.8K

Avg volume

96.66K

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Arrow Reports 4th Quarter Net Income of $14.0 Million or $0.85 per Share and $44.0 Million or $2.65 per Share for 2025; Declares 1st Quarter Dividend of $0.30 per Share
  positiveBenzinga· Jan 29, 2026
• Implied Volatility Surging for Arrow Financial (AROW) Stock Options
  Zacks Investment Research· Jul 2, 2024
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