{"schema_version":"secwatch.filing_event.v1","accession":"0000717538-24-000023","form_type":"8-K","ticker":"AROW","cik":"0000717538","company_name":"ARROW FINANCIAL CORP","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.736414+00:00","generated_at":"2026-06-06T12:08:04.961951+00:00","sec_items":["2.02","5.03","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Arrow Q4 net income $7.7M ($0.46 EPS) down 36% YoY; full-year EPS $1.77 vs $2.86","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000717538-24-000023","json":"https://secwatch.observer/filing/0000717538-24-000023.json","markdown":"https://secwatch.observer/filing/0000717538-24-000023.md","text":"https://secwatch.observer/filing/0000717538-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/0000717538-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/arow-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:08:04.961951+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09622e6471cfdf5779602747520ccff6b63b0e1d","claim":"ARROW FINANCIAL CORP reported year ended 2023 results: net income 30.1 million, EPS 1.77.","evidence_excerpt":"Arrow Reports 4th Quarter Net Income of $7.7 Million or $0.46 per Share and $30.1 Million or $1.77 per Share for 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/0000717538-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended 2023"},{"label":"Net income","value":"30.1 million"},{"label":"EPS","value":"1.77"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1f64e6e05d0677c2b0f748a6102bfebab3ab8a9c","claim":"ARROW FINANCIAL CORP reported fourth quarter of 2023 results: net income 7.7 million, EPS 0.46.","evidence_excerpt":"Arrow Reports 4th Quarter Net Income of $7.7 Million or $0.46 per Share and $30.1 Million or $1.77 per Share for 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/0000717538-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"7.7 million"},{"label":"EPS","value":"0.46"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"872911a3e039898c13677fe25f1ab04d9ffb7728","claim":"ARROW FINANCIAL CORP reported year ended 2022 results: net income 48.8 million, EPS 2.86.","evidence_excerpt":"For the year ended 2023, net income totaled $30.1 million, with EPS of $1.77, versus $48.8 million, and EPS of $2.86, for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/0000717538-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended 2022"},{"label":"Net income","value":"48.8 million"},{"label":"EPS","value":"2.86"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fcfcef7d3bee45431e56e49a225de16f68863932","claim":"ARROW FINANCIAL CORP reported fourth quarter of 2022 results: net income 12.1 million, EPS 0.71.","evidence_excerpt":"Arrow Financial Corporation (NasdaqGS ® – AROW) (\"Arrow\") reported net income of $7.7 million, and fully diluted earnings per share (\"EPS\") of $0.46 per share for the fourth quarter of 2023, versus $12.1 million and EPS of $0.71, for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/717538/000071753824000023/0000717538-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2022"},{"label":"Net income","value":"12.1 million"},{"label":"EPS","value":"0.71"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}