---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-22-000226"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:24:11.690279+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial Q3 net income $12.2M, EPS $0.74; loan growth $80M to record $2.9B

## Summary
- Q3 net income $12.2M (diluted EPS $0.74) vs $13.0M in Q3 2021; revenue $38.7M (+6.6% YoY).
- Total loans $2.9B (record), up $80M in Q3 and 10.2% YoY; deposits $3.8B, up $249M in Q3.
- Net interest margin 3.14%, up from 3.04% YoY; provision for credit losses $1.7M vs $99K.
- Book value per share $20.91, down 4.2% due to unrealized losses; NPAs 0.24% vs 0.29%.
- Cash dividend $0.27/share and 3% stock dividend distributed Sep 2022; both banks rated 5-star Bauer.

## SEC filing metadata
- accession: 0000717538-22-000226
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753822000226/0000717538-22-000226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753822000226/arow-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-22-000226
- JSON: https://secwatch.observer/filing/0000717538-22-000226.json
- Plain text: https://secwatch.observer/filing/0000717538-22-000226.txt

## Key facts
- Earnings Releases
  ARROW FINANCIAL CORP reported three-month period ended September 30, 2022 results: net income $12.2 million, EPS $0.74.
  - Period: three-month period ended September 30, 2022
  - Net income: $12.2 million
  - EPS: $0.74
  - Result: reported results
  source text: 50 Glen Street Glens Falls, NY 12801 NASDAQ® Symbol: "AROW" Website: arrowfinancial.com Media Contact: Rachael Murray Tel: (518) 415-4313 Arrow Reports $12.2 million in Q3 Net Income, Loan Growth of $80 Million in the Quarter GLENS FALLS, N.Y.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717538/000071753822000226/0000717538-22-000226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.