---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-25-000045"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:25:38.465703+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial Q1 net income $6.3M ($0.38 EPS); NIM expands to 3.07% on record NII

## Summary
- Net income of $6.3M vs $4.5M in Q4 2024; includes $3.75M specific reserve on a $15M CRE loan.
- Net interest income record $31.4M; net interest margin (FTE) up to 3.08% from 2.85% prior quarter.
- Deposits $4.0B (+$140M QoQ); loan growth $22M (2.5% annualized); regulatory capital ratios well above well-capitalized thresholds.
- Tangible book value $22.72; repurchased 128,047 shares for $3.4M; Board added $5M to buyback authority (total $6.6M).
- Quarterly dividend $0.28/share declared payable May 23 to holders of record May 13; bank unification on track for July 2025.

## SEC filing metadata
- accession: 0000717538-25-000045
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753825000045/0000717538-25-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753825000045/arow-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-25-000045
- JSON: https://secwatch.observer/filing/0000717538-25-000045.json
- Plain text: https://secwatch.observer/filing/0000717538-25-000045.txt

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