---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-24-000072"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:00:38.874597+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial Q1 net income $7.7M ($0.45 EPS); loans up 6.1% annualized; margin improves

## Summary
- 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.

## SEC filing metadata
- accession: 0000717538-24-000072
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753824000072/0000717538-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753824000072/arow-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-24-000072
- JSON: https://secwatch.observer/filing/0000717538-24-000072.json
- Plain text: https://secwatch.observer/filing/0000717538-24-000072.txt

## Key facts
- Earnings Releases
  ARROW FINANCIAL CORP reported the three-month period ended March 31, 2024 results: net income $7.7 million, EPS $0.45 per diluted share.
  - Period: the three-month period ended March 31, 2024
  - Net income: $7.7 million
  - EPS: $0.45 per diluted share
  - Result: reported results
  source text: Net income for the first quarter of 2024 was $7.7 million and fully diluted earnings per share ("EPS") was $0.45
  evidence_url: https://www.sec.gov/Archives/edgar/data/717538/000071753824000072/0000717538-24-000072-index.htm

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