secwatch.observer — SEC 8-K summary
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Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2026-07-23T11:29:51+00:00
Accession:  0000717538-26-000110
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Financial Q2 EPS $0.66 vs $0.82 Q1; $1.6M specific reserve; Adirondack acquisition closed
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- Net income $11.0M ($0.66 diluted EPS) vs $13.5M ($0.82) in Q1; adjusted EPS $0.71 excluding $1.0M merger expenses.
- Recorded $1.6M specific reserve ($0.08 per share) for isolated commercial real estate credit due to bankruptcy; NPLs rose to $8.7M.
- Closed acquisition of Adirondack Bancorp on July 1, adding ~$1.0B assets and 19 branches; expects EPS accretion in 2027.
- Net interest margin (FTE) 3.43%, down from 3.48% Q1; loan growth $57.6M (6.7% annualized).
- Declared quarterly dividend $0.30 per share, payable Aug 25 to holders of record Aug 11.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753826000110/0000717538-26-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753826000110/arow-20260722.htm
  HTML page:      https://secwatch.observer/filing/0000717538-26-000110

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