Arrow Financial Corporation (AROW)

In the past six months, Arrow Financial Corp. stock has been impacted by several events, including downgrades from Hovde Group and Wall Street Zen, and a reiterated "hold (c+)" rating from Weiss Ratings. CEO David S. Demarco and CFO Penko Krassimir Ivanov purchased shares of the company's stock. Arrow Financial reported its quarterly earnings, with $0.77 earnings per share (EPS), beating the consensus estimate of $0.72, and announced a 4th quarter dividend of $0.29 per share. Arrow also announced preliminary approval of a settlement. Earlier in the year, Arrow Financial held its annual meeting, reporting solid financial results for 2024, and announced the unification of its banking subsidiaries under the new unified brand "Arrow Bank National Association."

Information regarding specific demand seasonality for Arrow Financial Corp.'s products and services is not explicitly detailed. General banking and financial services can experience seasonal fluctuations, such as increased loan demand during home buying season and deposit levels influenced by tax seasons or holiday spending. Seeking Alpha offers a tool to identify seasonal patterns for the stock.

Arrow Financial Corporation is a bank holding company based in Glens Falls, New York, with over $4 billion in assets, operating in the financial services sector. It provides commercial and consumer banking, and financial products and services through subsidiaries like Arrow Bank National Association and Upstate Agency LLC. The company offers deposit products, various types of loans, retirement planning, trust, estate administration, and insurance agency services. Arrow Financial also provides investment advisory services and holds a real estate investment trust.

Arrow Financial Corporation's geographic footprint primarily covers northeastern New York State, stretching from Plattsburgh to Albany, with operations across Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties. As of January 2025, Arrow Bank operates 38 branches in this region. The company also maintains an indirect lending program that sources consumer loans from a network of automobile dealers across New York and Vermont.

Arrow Financial Corporation has received recognitions for its conservative business model and steady growth strategy, including being voted No. 1 Best Bank by The Post-Star readers and receiving a BauerFinancial 5-Star rating. Forbes listed Arrow Financial at #233 on "America's Best Small Employers" in 2023, and it was ranked 83rd on American Banker's Top 200 Performing Banks in 2022. The unification of its banking subsidiaries under the new "Arrow Bank National Association" brand aimed to simplify brand identity and strengthen market presence.

Institutional investors and hedge funds own 46.71% of Arrow Financial Corp.'s stock, with major holders including BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors LP. Individual insiders have bought more shares than they have sold in the past three months, with notable buyers including CEO David S. Demarco, CFO Penko Krassimir Ivanov, and board member Daniel White.