{"filings":[{"id":1370036,"accession_number":"0000717538-26-000100","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-07-01T11:42:10+00:00","items":["2.01","5.02","7.01","9.01"],"status":"ready","headline":"Arrow Financial completes acquisition of Adirondack Bancorp; combined assets $5.4B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each Adirondack share converted into 1.8610 Arrow shares plus $18.72 cash; tax-free reorganization under Section 368(a).","Combined company: $5.4B assets, $4.8B deposits, $4.1B gross loans, 57 branches across northeastern NY and Mohawk Valley.","Rocco F. Arcuri Sr. appointed to Arrow board and as SVP, Regional President, Mohawk Valley of Arrow Bank.","Banking system conversion and integration scheduled for later in 2026; customers will see Arrow branding starting July 1.","Arrow President & CEO David S. DeMarco cites complementary community banks and long-term value creation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":982440,"accession_number":"0000717538-26-000090","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-06-11T11:59:51+00:00","items":["8.01"],"status":"ready","headline":"Arrow Financial gets stockholder and regulatory approvals for Adirondack Bancorp merger; close expected July 1","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Adirondack stockholders voted to approve the merger on June 9, 2026.","New York State Department of Financial Services approved the transaction on June 10, 2026.","Arrow received a waiver from filing with the Federal Reserve Bank of New York for the merger.","OCC approval was previously announced on June 1, 2026.","Merger anticipated to close on July 1, 2026, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":843916,"accession_number":"0000717538-26-000085","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-06-04T13:01:07+00:00","items":["5.07"],"status":"ready","headline":"Arrow Financial shareholders elect four Class A directors, approve advisory pay, ratify Crowe LLP as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Four Class A directors elected: Mark L. Behan (9.48M for), Gregory J. Champion (8.42M), Darrin M. Jahnel (9.73M), Daniel J. White (8.79M); broker non-votes ~2.93M.","Advisory 2025 executive compensation approved with 9.09M for, 0.73M against, 0.20M abstain.","Ratification of Crowe LLP as independent auditor for FY 2026: 12.30M for, 0.43M against, 0.22M abstain.","Quorum of 78.34% of outstanding shares (~12.95M of 16.53M) represented at the June 3, 2026 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":818756,"accession_number":"0000717538-26-000081","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-06-03T13:59:17+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial provides annual meeting presentation with no specific financial details","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation made available at June 3, 2026 annual meeting; no earnings or guidance disclosed.","Slide titles include 'Arrow Overview', 'Financials', 'Positioned for Growth' but no figures provided.","Filing under Item 7.01 (Regulation FD); presentation furnished, not filed with SEC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":778922,"accession_number":"0000717538-26-000070","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-06-01T20:30:36+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial receives OCC approval for Adirondack Bancorp merger; close expected July 1, 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["OCC approved the merger of Arrow and Adirondack Bancorp; closing on or around July 1, 2026.","Closing subject to Adirondack shareholder vote, NY DFS and Fed approvals, and other conditions.","Combined company projected to have ~$5.4B in assets, $4.8B deposits, and $4.1B in gross loans.","Merger extends Arrow's footprint into Oneida, Herkimer, and Franklin counties.","Systems integration expected in Q4 2026; combined operations under Arrow brand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98459,"accession_number":"0000717538-26-000050","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Financial Q1 adjusted EPS $0.85, NIM expands to 3.47%, declares $0.30 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $13.5M ($0.82 EPS); adjusted EPS $0.85 excluding $790K merger costs.","Net interest margin improved to 3.47% (3.48% FTE) from 3.24% in Q4 2025.","Non-performing loans fell to 0.13% of total loans; annualized charge-offs 0.10%.","Quarterly dividend of $0.30 per share declared, payable May 26, 2026.","Adirondack Bancorp acquisition ($950M assets, 19 branches) expected to close early Q3 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":0.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113941,"accession_number":"0000717538-26-000030","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Financial to acquire Adirondack Bancorp; consideration 1.8610 shares + $18.72 cash per share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger consideration: 1.8610 Arrow shares plus $18.72 cash per Adirondack share; intended as tax-free reorganization.","Adirondack CEO Rocco Arcuri will join Arrow and Arrow Bank boards and serve as Regional President after closing.","Deal requires Adirondack shareholder vote, regulatory approvals from Fed, OCC, NYDFS, and other customary conditions.","Termination fee of $3.62M payable by Adirondack under certain circumstances; voting and lock-up agreements in place.","Expected to close in 2026; Arrow will file S-4 proxy/prospectus with SEC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113940,"accession_number":"0000717538-26-000007","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.02","5.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Q4 net income $14.0M ($0.85 EPS) vs $4.5M ($0.27) a year ago; dividend raised 3.4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $14.0M ($0.85 EPS) in Q4 2025 vs $4.5M ($0.27) in Q4 2024; full year $44.0M ($2.65 eps) vs $29.7M ($1.77).","Record net interest margin 3.24% (3.25% FTE); net interest income $35.1M for Q4.","Tangible book value per share $24.71, up 10.3% YoY; ROAA 1.24% for Q4.","Quarterly dividend raised 3.4% to $0.30 per share, payable Feb 25, 2026; record Feb 11.","Director Elizabeth A. Miller to retire after 2026 annual meeting, ending 9 years on board."],"consensus_eps_estimate":null,"consensus_eps_actual":2.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130343,"accession_number":"0000717538-25-000105","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arrow Financial appoints Darrin Jahnel as director effective Nov 25, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Darrin Jahnel is founder/CEO of Jahnel Group, a 150-person software consulting firm in Schenectady, NY.","He has over 25 years building/scaling tech companies; also founded InfoLink and acquired LTI (40-person firm).","He will not join any Board committee initially; no related party transactions with Arrow.","His compensation follows Arrow's standard director compensation policy (see Apr 24, 2025 proxy)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130342,"accession_number":"0000717538-25-000100","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial reaches preliminary settlement of shareholder derivative suit; no material financial impact","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Court preliminarily approved settlement on Oct 22, 2025; final hearing set for Jan 12, 2026.","Suit alleged breach of fiduciary duties over defective internal controls and delayed SEC filings.","Settlement requires adoption of corporate governance reforms; no monetary payment to company.","Company states settlement has no material impact on results of operations or financial position.","Plaintiff's counsel may seek up to $5,000 service award and legal fees from the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130341,"accession_number":"0000717538-25-000093","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Q3 net income $12.8M ($0.77 EPS), record NII $34.1M, dividend $0.29","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $12.8M, EPS $0.77, up from $10.8M ($0.65) in Q2; ROA improved to 1.16%.","Record net interest income of $34.1M; NIM expanded to 3.22% (3.24% FTE) from 3.15%.","Tangible book value per share rose 2.7% to $23.85; $1.4M shares repurchased in Q3.","Quarterly dividend declared $0.29 per share, payable Nov 24 to holders of record Nov 12.","Unification costs of $600K ($0.03 EPS) fully incurred in July; no further costs expected."],"consensus_eps_estimate":null,"consensus_eps_actual":1.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146903,"accession_number":"0000717538-25-000076","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Q2 net income $10.8M ($0.65 EPS), dividend raised to $0.29, $5M buyback authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $10.8M, EPS $0.65 vs. Q1 $6.3M ($0.38); record net interest income $32.5M.","Net interest margin (FTE) 3.16%, up from 3.08%; ROA 1.00% (1.08% excl. unification costs).","Quarterly dividend increased to $0.29/share (+3.6%), payable Aug 25; additional $5M buyback authorized.","Nonperforming assets improved to 0.16% of assets; net charge-offs 0.49% annualized on charge-off of reserved loan.","Completed bank unification in July 2025; $1.1M in non-core unification costs this quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":1.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146902,"accession_number":"0000717538-25-000073","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-07-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arrow Financial signs six-month consulting deal with former CCO Kaiser at $2,500/month","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Former SEVP & CCO David D. Kaiser retired June 30, 2025; entered six-month consulting agreement effective July 1, 2025.","Compensation: $2,500/month ($15,000 total) plus approved out-of-pocket expenses.","Term: July 1–Dec 31, 2025; either party may terminate with 30 days' notice without liability.","Services: oversee projects as directed by CEO; Kaiser is independent contractor, not employee.","Includes confidentiality, noncompete (NY depository institutions ≥$100M assets), and nonsolicitation covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165387,"accession_number":"0000717538-25-000069","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial holds virtual investor meetings; no specific financial data disclosed in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Arrow Financial participated in virtual investor meetings on June 17-18, 2025, with a Mid-2Q Update presentation.","The presentation was furnished as Exhibit 99.1, but only the title slide text is included in the filing.","No earnings figures, guidance changes, or material developments are provided in the 8-K or the exhibit excerpt.","The filing notes the Mid-2Q Update supplements the Q1 2025 Investor Presentation from May 1, 2025.","Confidence in summarizing results is low because the substantive presentation content was not included."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165386,"accession_number":"0000717538-25-000064","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Arrow Financial shareholders elect directors, approve exec compensation, ratify auditor at 2025 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected four Class C directors (Casaccio, Dawsey, Morris, Read) for 3-year terms, plus Class A White and Class B Duffy.","Advisory vote on 2024 executive compensation approved: 8,866,974 For vs. 679,350 Against.","Ratified Crowe LLP as auditor for FY 2025: 12,399,085 For, 396,130 Against, 51,223 Abstain.","77.06% of outstanding shares represented at meeting (12,846,438 of 16,670,684 shares)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165385,"accession_number":"0000717538-25-000061","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial holds annual meeting; no specific financial updates disclosed in filing","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company made annual meeting presentation available to shareholders on June 4, 2025.","Presentation agenda includes Arrow Overview, Business Meeting, Financials, and Positioned for Growth.","No specific financial figures, guidance, or operational data provided in the filed exhibit text.","Filing is a routine Regulation FD disclosure with no material new information.","Confidence low due to lack of quantitative or substantive details in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165384,"accession_number":"0000717538-25-000045","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Financial Q1 net income $6.3M ($0.38 EPS); NIM expands to 3.07% on record NII","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $6.3M vs $4.5M in Q4 2024; includes $3.75M specific reserve on a $15M CRE loan.","Net interest income record $31.4M; net interest margin (FTE) up to 3.08% from 2.85% prior quarter.","Deposits $4.0B (+$140M QoQ); loan growth $22M (2.5% annualized); regulatory capital ratios well above well-capitalized thresholds.","Tangible book value $22.72; repurchased 128,047 shares for $3.4M; Board added $5M to buyback authority (total $6.6M).","Quarterly dividend $0.28/share declared payable May 23 to holders of record May 13; bank unification on track for July 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165383,"accession_number":"0000717538-25-000034","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Arrow Financial records $3.75M reserve on $15M CRE loan in foreclosure","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Recorded $3.75M specific reserve on a $15M commercial real estate loan secured by two Upstate NY office parks.","Loan had zero reserve based on Jan 2024 appraisal of $86.1M; new appraisal shows $50M valuation.","Borrower in payment default; bank group commenced foreclosure as of March 31, 2025.","Arrow is 22% participant in a $67M multi-bank deal; estimated remaining exposure ~$10.64M after reserve.","Event will adversely impact Arrow's Q1 2025 financial performance; more details in upcoming earnings release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165382,"accession_number":"0000717538-25-000031","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-04-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Arrow Financial Chief Credit Officer David D. Kaiser to retire June 30, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David D. Kaiser, Chief Credit Officer, will retire effective June 30, 2025, relinquishing all positions at Arrow and subsidiaries.","Kaiser served Arrow for over 24 years and built its credit culture; responsibilities will be reassigned across existing executives.","Reassignment plan: credit and lending duties distributed among long-time executives each with over 25 years of experience.","No successor named; company expresses gratitude for Kaiser's service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183043,"accession_number":"0000717538-25-000027","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial presents mid-Q1 2025 update; no specific figures in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Participated in Investor Day in Chicago on March 20, 2025, with a mid-quarter Q1 2025 update.","Update furnished as Exhibit 99.1; the exhibit text in this filing is incomplete, lacking financial details.","Previous Q4 2024 investor presentation (filed Jan 30, 2025) was also referenced for context.","No new guidance, earnings, or material financial metrics are disclosed in the available text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183042,"accession_number":"0000717538-25-000010","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-02-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arrow Financial CEO gets new 3-year agreement; director Dake to retire after 23 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Director Gary L. Dake to retire at 2025 Annual Meeting after 23 years on the board.","CEO David S. DeMarco new employment agreement effective Feb 1, 2025: base salary $718,850, cash incentive target 50% of base, 3-year term with annual auto-renewal.","New two-year agreements for CFO Ivanov ($422,300 base) and three other executives (Kaiser, Wise, Yrsha; $375,950 each) with 40% incentive targets.","All agreements include standard change of control, non-compete, and confidentiality provisions; replace prior 2024 versions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183041,"accession_number":"0000717538-25-000004","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Financial Q4 net income $4.5M ($0.27 EPS) down from $7.7M; core EPS $0.47; raises dividend 3.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2024 net income $4.5M ($0.27 diluted EPS) vs $7.7M ($0.46) in Q4 2023; full-year net income $29.7M ($1.77) vs $30.1M ($1.77).","Non-core items totaled $4.2M pre-tax in Q4, including $3.0M loss on securities portfolio repositioning and $0.7M branding write-off.","Core net income for Q4 was $7.8M ($0.47 EPS); full-year core net income $34.4M ($2.05 EPS).","Net interest margin expanded to 2.83% (2.85% FTE) in Q4 from 2.53% a year ago; loan growth $185M (5.8%) for 2024.","Board raised quarterly dividend 3.7% to $0.28 per share, payable Feb 24, 2025 to holders of record Feb 10, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":1.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199625,"accession_number":"0000717538-24-000119","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-12-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Arrow completes $75M portfolio repositioning; expects $2.7M NII boost; reports $1.2M unification charges","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold $75M low-yield AFS securities (0.6% avg yield, 1.3 yr life) for $3M pre-tax loss; reinvested at 4.4% yield, 4.5 yr life.","Transaction expected to improve net interest income by ~$2.7M in 2025, earn-back period ~1.1 years, no impact on capital ratios or tangible book.","Q4 2024 will include ~$0.5M professional/legal expenses and $0.7M charge-off for branding/signage from bank unification.","Legal unification of two subsidiary banks into Arrow Bank N.A. completes Dec 31, 2024, simplifying brand identity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199624,"accession_number":"0000717538-24-000110","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Arrow Financial reports Q3 EPS $0.53, up from $0.46 YoY; NIM widens to 2.78%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $9.0M, diluted EPS $0.53 vs $0.46 in Q3 2023; net interest margin improved to 2.78% (2.79% FTE).","Acquired assets of A&B Agency (insurance) and a Whitehall, NY branch; expects to unify banks into Arrow Bank NA by Dec 31, 2024.","Deposit balances $3.8B, loan-to-deposit ratio 87.0%; year-to-date loan growth $126.3M (5.2% annualized).","Net charge-offs 0.08% annualized; nonperforming assets 0.51% of assets; allowance for credit losses 0.94% of loans.","Announced Q4 dividend increase; Piper Sandler Sm-All Stars recognition; tangible book value $21.95, up $0.57 QoQ."],"consensus_eps_estimate":null,"consensus_eps_actual":1.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199623,"accession_number":"0000717538-24-000104","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-10-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial raises quarterly dividend 3.7% to $0.28 per share; switches from stock dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.28/share declared, payable Oct 29, 2024 to holders of record Oct 15, 2024.","Represents a 3.7% increase over prior quarterly cash dividend; replaces the 3% stock dividend previously declared.","YTD total capital returned to shareholders: $6.4M in share repurchases and $13.6M in cash dividends paid.","This is the 46th consecutive quarterly cash dividend declared by Arrow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215645,"accession_number":"0000717538-24-000094","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-07-25T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Q2 net income $8.6M ($0.52 EPS), up from $6.0M YoY; NIM improves to 2.67%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $8.6M, EPS $0.52 vs $6.0M/$0.35 in Q2 2023.","Net interest margin 2.67% (2.69% FTE) up from 2.60% prior quarter.","Gross loans grew $57.6M (7.1% annualized); deposits $3.7B.","Declared $0.27 dividend payable Aug 23; 45th consecutive quarterly dividend.","Received OCC approval to combine banking subsidiaries into Arrow Bank NA effective Dec 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215644,"accession_number":"0000717538-24-000090","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-07-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial receives OCC approval to merge two bank subsidiaries into Arrow Bank NA","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["OCC approved the combination of Glens Falls National Bank and Saratoga National Bank into Arrow Bank National Association.","Arrow Bank will have ~$4.2B in assets, 37 branches, and more than 550 employees.","Leadership team, branch locations, and staffing remain unchanged post-unification.","Unification aims for operational efficiencies, unified branding, and enhanced strategic growth.","Press release dated July 23, 2024, confirms regulatory approval after public comment period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235025,"accession_number":"0000717538-24-000086","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Tenée R. Casaccio Appointed Chair of Arrow Financial Board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tenée R. Casaccio named Chair of Arrow Board, effective June 5, 2024, succeeding William L. Owens (retired).","Casaccio is first woman to chair the Board; has served as director since 2014 and chaired Wealth Management Committee.","President and CEO David S. DeMarco: Casaccio's executive experience and leadership will guide growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235024,"accession_number":"0000717538-24-000083","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial holds annual meeting; presentation contains no material new disclosures","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Annual meeting held June 5, 2024; presentation slides provided as Exhibit 99.1.","Slides cover Arrow overview, financials, and commitment to growth; no new guidance or specific figures disclosed.","No material operational, financial, or strategic updates beyond previously reported information."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235023,"accession_number":"0000717538-24-000072","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Financial Q1 net income $7.7M ($0.45 EPS); loans up 6.1% annualized; margin improves","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $7.7M vs $8.6M in Q1 2023; diluted EPS $0.45 vs $0.50.","Net interest margin 2.60% (up 7 bps QoQ, down 36 bps YoY) on higher earning asset yields.","Gross loans grew $50.5M (6.1% annualized); deposits increased $91.5M (2.5%) to $3.8B.","Allowance for credit losses 0.97% of loans; net charge-offs 0.04% annualized; NPAs 0.50% of assets.","Declared $0.27 dividend (44th consecutive quarterly) and authorized $5M stock repurchase program."],"consensus_eps_estimate":null,"consensus_eps_actual":0.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252845,"accession_number":"0000717538-24-000053","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-03-19T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Arrow Financial dismisses KPMG, appoints Crowe LLP as new auditor for FY2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit Committee dismissed KPMG effective March 14, 2024 after a competitive selection process.","Crowe LLP approved as independent registered public accounting firm for fiscal year ending Dec 31, 2024, subject to client acceptance.","KPMG's audit reports for fiscal years 2022 and 2023 were unqualified; no disagreements with KPMG were reported.","Previously disclosed material weaknesses in internal control over financial reporting were noted as reportable events.","Company has not consulted Crowe prior to its appointment on any accounting or audit matters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252844,"accession_number":"0000717538-24-000050","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial Corp. issues 2023 annual review; no new financial data","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual review includes community engagement highlights and select financial information.","Financial figures were previously reported in 10-K and Q4 2023 earnings release.","No new material financial information or guidance is provided.","Review furnished as Exhibit 99.1; reaffirms commitment to stakeholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252843,"accession_number":"0000717538-24-000043","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-03-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial acquires Berkshire Bank's Whitehall, NY branch with $39M deposits","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal includes $39M in deposits, $3M in loans, and the branch premises.","Expected close by end of Q3 2024, subject to customary regulatory approvals.","All employees of the Whitehall branch offered positions with Arrow.","Advisor: Piper Sandler & Co.; legal: Thompson Coburn LLP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252842,"accession_number":"0000717538-24-000040","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-02-16T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Arrow Financial sets 2024 annual meeting for June 5; record date April 8","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholder proposals under Rule 14a-8 must be received by March 15, 2024.","Other business proposals due by February 26, 2024; director nominations due by April 6, 2024.","Record date for voting is April 8, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252841,"accession_number":"0000717538-24-000026","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arrow Financial CEO salary raised to $695K; three other execs get raises in new employment agreements","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO David DeMarco's new 3-year agreement (eff. Feb 1) sets base salary at $695,000, +$120K from prior.","EVPs Kaiser, Wise each get $365K (+$40K) and CFO Ivanov gets $410K (+$20K) under new 2-year deals.","Change-of-control severance for CEO equals 3x (base + target bonus); for other execs 2x, paid over 2 years.","All agreements include non-competition clauses and annual board review for renewal on equivalent terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252840,"accession_number":"0000717538-24-000023","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2024-02-01T23:59:59+00:00","items":["2.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Arrow Q4 net income $7.7M ($0.46 EPS) down 36% YoY; full-year EPS $1.77 vs $2.86","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $7.7M, EPS $0.46 vs $0.71 in Q4 2022; full-year net income $30.1M, EPS $1.77 vs $2.86.","Net interest margin 2.53% for Q4 vs 3.08% YoY; full-year NIM 2.65% vs 3.03%.","Loans reached record $3.2B, up 7.5% YoY; nonperforming assets increased to $21.5M (0.51% of assets) due to one $15M relationship.","Sold Visa Class B shares for $9.3M gain; recognized $9.2M loss on investment portfolio repositioning for $3M annual interest income improvement.","Declared $0.27/share dividend payable Feb 23, record Feb 12; 43rd consecutive quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":1.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270338,"accession_number":"0000717538-23-000253","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-12-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Arrow Financial sells Visa shares for $9.3M gain, repositions $100M securities portfolio","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 27,771 Visa Class B shares for pre-tax gain of approximately $9.3 million.","Sold ~$100M lower-yielding securities for pre-tax loss of ~$9.2M; proceeds reinvested in higher-yielding assets.","Annual pre-tax earnings uplift of ~$3M expected from ~3% positive spread differential.","Transactions improve regulatory risk-based capital ratios and are accretive to book value per share."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270337,"accession_number":"0000717538-23-000221","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-10-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Arrow Financial holds 2023 annual meeting; all proposals pass including director elections and stock plan","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Class A directors Behan, Champion, Miller, Owens and Class B director DeMarco to board terms.","Advisory vote on executive compensation frequency: 1 year approved with 8.19M votes for.","Advisory approval of 2022 executive compensation: 8.02M for, 862K against, 178K abstain.","Approved 2023 Directors' Stock Plan with 8.17M for, 637K against.","Ratified KPMG as independent auditor for 2023 with 11.8M for, 556K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.15,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270336,"accession_number":"0000717538-23-000218","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial declares $0.27 dividend, expands buyback by $5M, resumes DRIP","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.27 per share, payable Dec 15, 2023 to holders of record Dec 1, 2023.","Dividend Reinvestment Plan (DRIP) resumes; previously enrolled shareholders automatically re-enrolled.","Stock repurchase program expanded by $5M, total authorization now $9.1M; expiration date removed.","Company expects to resume share repurchases in coming months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270335,"accession_number":"0000717538-23-000215","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-10-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial provides annual meeting presentation; no material new information","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Annual meeting held October 25, 2023; presentation furnished as Exhibit 99.1.","Presentation contains forward-looking statements and agenda but no specific financial results or strategic updates.","No earnings, guidance, or material corporate developments disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270334,"accession_number":"0000717538-23-000212","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Arrow Q3 net income $7.7M ($0.46 EPS); loans hit record $3.1B, 9% annualized growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $7.7M, EPS $0.46; net interest margin 2.53%, down from 2.61% Q2 2023.","Record loans $3.1B, up $68.7M QoQ; deposits $3.7B, up $164.3M QoQ.","Nonperforming assets $6.9M (0.16% of assets); ACL/NPL coverage 491%.","Entered two pay-fixed fair value swaps ($250M + $50M notional) adding >$2M annual net interest income.","Incremental delayed-filing expenses $1.1M in Q3 ($4.1M YTD) reduced ROA by 9 basis points."],"consensus_eps_estimate":null,"consensus_eps_actual":1.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287302,"accession_number":"0000717538-23-000173","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-08-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial declares 3% stock dividend payable Sept 26","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["3% stock dividend declared on Aug 30, 2023; distribute Sept 26 to holders of record Sept 20.","Shareholders receive three additional shares for every 100 shares owned.","Cash equivalent paid for any fractional shares to certificate holders.","Stock dividend preserves shareholder value; no change to proportional ownership."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287301,"accession_number":"0000717538-23-000165","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Arrow Financial reports Q2 net income $6.0M, EPS $0.36; loans hit record $3.1B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $6.0M vs $8.6M Q1 2023 and $12.0M Q2 2022; diluted EPS $0.36.","Total loans reached record $3.1B, up 2.1% from Q1; loan-to-deposit ratio 88%.","Net interest margin compressed to 2.61% from 2.96% Q1 and 3.02% Q2 2022, as interest expense surged.","Nonperforming assets fell to $7.1M (0.17% of assets) from $11.3M; allowance coverage 477% of NPLs.","Back in full compliance with NASDAQ filing requirements; $0.27 quarterly dividend declared, unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":0.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287300,"accession_number":"0000717538-23-000154","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-07-31T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Arrow Financial appoints CEO David DeMarco to board; annual meeting set for Oct 25","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board reduced from 11 to 10 directors and appointed CEO David S. DeMarco as Class B director effective July 26, 2023.","DeMarco, who became CEO in May 2023, will not join any board committee and receives no extra director compensation.","2023 annual meeting scheduled for October 25, 2023; record date is August 29, 2023.","Shareholder proposals for proxy must be received by August 10, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287299,"accession_number":"0000717538-23-000149","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial declares $0.27 quarterly dividend, all cash; no DRIP reinvestment","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.27 per share declared, payable Sep 15, 2023 to holders of record Sep 1, 2023.","Represents a 3% increase over Q3 2022 cash dividend due to 3% stock dividend distributed Sep 23, 2022.","Dividend will be paid entirely in cash; no shares purchased under Automatic Dividend Reinvestment Plan.","This marks the 41st consecutive quarterly cash dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287298,"accession_number":"0000717538-23-000147","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-07-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Arrow Financial makes Q1 2023 investor presentation available, referencing prior disclosures","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation reviews Q1 2023 financial results and trends through March 31, 2023.","Referenced previously filed Form 10-Q and Q1 2023 earnings release for details.","Presentation furnished on July 27, 2023 under Regulation FD; no new financial figures provided.","No additional material information beyond what was already publicly reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287297,"accession_number":"0000717538-23-000138","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-07-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Arrow Q1 net income $8.6M, down 32% YoY; deposits up $48M QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $8.6M ($0.52 diluted EPS) vs $12.6M in Q1 2022; revenue $34.8M.","Net interest margin 2.96% (up from 2.90% YoY, down from 3.08% in Q4 2022).","Total loans hit record $3.0B (+$22.1M from Dec); deposits grew $48M QoQ to $3.5B.","Nonperforming assets fell to $11.3M (0.27% of assets); net charge-offs 0.10%.","David S. DeMarco appointed President and CEO effective May 13, 2023; $0.27 quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":0.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287296,"accession_number":"0000717538-23-000135","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-07-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arrow Financial raises CEO DeMarco's salary to $575k, CFO Ivanov to $390k in amended employment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO David DeMarco amended employment: base salary $575,000, target cash bonus 50%, term through Jan 31, 2026.","CFO Penko Ivanov appointed Senior Executive Vice President; base salary increased to $390,000 in new agreement.","DeMarco's agreement effective May 13, 2023, replaces prior deal; board to review 3-year renewal each February anniversary.","Ivanov continues as Treasurer and CFO; amended agreement dated July 18, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307417,"accession_number":"0000717538-23-000128","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-06-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Arrow Financial submits Nasdaq remediation plan for late 2022 10-K filing","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Submitted plan to Nasdaq on June 1, 2023 to regain compliance with Listing Rule 5250(c)(1).","Noncompliance stems from failure to file 2022 Form 10-K by due date; disclosed in April 2023 8-K.","Nasdaq may grant up to 180-day extension; no assurance plan will be accepted or compliance regained.","If plan rejected or extension missed, AROW common stock faces delisting from Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307416,"accession_number":"0000717538-23-000122","cik":717538,"company_name":"ARROW FINANCIAL CORP","ticker":"AROW","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["3.01","5.02","7.01","9.01"],"status":"ready","headline":"Arrow Financial CEO Murphy departs; Nasdaq delisting risk from late filings; DeMarco named CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Thomas Murphy terminated employment and resigned as director effective May 12, 2023.","David DeMarco appointed President and CEO on May 13; previously Chief Banking Officer and CEO of Saratoga National Bank.","Nasdaq issued second noncompliance notice for failure to file Q1 2023 10-Q; 2022 10-K also late.","Company must submit compliance plan by June 2, 2023; Nasdaq may grant extension to Sept 27, 2023; delisting possible.","Noncompliance does not immediately affect trading, but Nasdaq broadcasts a noncompliance indicator."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":609424983.5546354,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-05-15T23:59:59+00:00|307416"}