---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-24-000110"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:47:49.168375+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial reports Q3 EPS $0.53, up from $0.46 YoY; NIM widens to 2.78%

## Summary
- 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.

## SEC filing metadata
- accession: 0000717538-24-000110
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753824000110/0000717538-24-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753824000110/arow-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-24-000110
- JSON: https://secwatch.observer/filing/0000717538-24-000110.json
- Plain text: https://secwatch.observer/filing/0000717538-24-000110.txt

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