---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-26-000050"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:19:34.476080+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial Q1 adjusted EPS $0.85, NIM expands to 3.47%, declares $0.30 dividend

## Summary
- Net income $13.5M ($0.82 EPS); adjusted EPS $0.85 excluding $790K merger costs.
- Net interest margin improved to 3.47% (3.48% FTE) from 3.24% in Q4 2025.
- Non-performing loans fell to 0.13% of total loans; annualized charge-offs 0.10%.
- Quarterly dividend of $0.30 per share declared, payable May 26, 2026.
- Adirondack Bancorp acquisition ($950M assets, 19 branches) expected to close early Q3 2026.

## SEC filing metadata
- accession: 0000717538-26-000050
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753826000050/0000717538-26-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753826000050/arow-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-26-000050
- JSON: https://secwatch.observer/filing/0000717538-26-000050.json
- Plain text: https://secwatch.observer/filing/0000717538-26-000050.txt

## Key facts
- Earnings Releases
  ARROW FINANCIAL CORP reported first quarter of 2026 results: net income $13.5 million, EPS $0.82.
  - Period: first quarter of 2026
  - Net income: $13.5 million
  - EPS: $0.82
  - Result: reported results
  source text: Reported net income for the first quarter of 2026 was $13.5 million and fully diluted earnings per share ("EPS") was $0.82, versus net income of $14.0 million and EPS of $0.85 for the fourth quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717538/000071753826000050/0000717538-26-000050-index.htm

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