secwatch.observer — SEC 8-K summary
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Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000717538-24-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Q2 net income $8.6M ($0.52 EPS), up from $6.0M YoY; NIM improves to 2.67%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753824000094/0000717538-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753824000094/arow-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000717538-24-000094

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