M&A
confidence high
sentiment neutral
materiality 0.50
Arrow Financial closes Adirondack Bancorp acquisition; Q1 net income $252K
ARROW FINANCIAL CORP
- Acquisition closed July 1, 2026; Adirondack Bank merged into Arrow Bank.
- Adirondack Q1 2026 net income $252K, down from $473K in Q1 2025.
- Total assets $1.01B, deposits $922.7M, net loans $606.2M at March 31, 2026.
- Net interest income $8.679M (up from $8.320M); noninterest expense $9.818M (up from $8.938M).