Highest-materiality recent filing
Arrow Financial receives OCC approval for Adirondack Bancorp merger; close expected July 1, 2026
OCC approved the merger of Arrow and Adirondack Bancorp; closing on or around July 1, 2026.
Arrow Financial Q1 adjusted EPS $0.85, NIM expands to 3.47%, declares $0.30 dividend
Net income $13.5M ($0.82 EPS); adjusted EPS $0.85 excluding $790K merger costs.
Arrow Financial to acquire Adirondack Bancorp; consideration 1.8610 shares + $18.72 cash per share
Merger consideration: 1.8610 Arrow shares plus $18.72 cash per Adirondack share; intended as tax-free reorganization.
Arrow Q4 net income $14.0M ($0.85 EPS) vs $4.5M ($0.27) a year ago; dividend raised 3.4%
Net income $14.0M ($0.85 EPS) in Q4 2025 vs $4.5M ($0.27) in Q4 2024; full year $44.0M ($2.65 eps) vs $29.7M ($1.77).
Arrow Q3 net income $12.8M ($0.77 EPS), record NII $34.1M, dividend $0.29
Net income of $12.8M, EPS $0.77, up from $10.8M ($0.65) in Q2; ROA improved to 1.16%.
Arrow Q2 net income $10.8M ($0.65 EPS), dividend raised to $0.29, $5M buyback authorized
Net income of $10.8M, EPS $0.65 vs. Q1 $6.3M ($0.38); record net interest income $32.5M.
Arrow Financial Q1 net income $6.3M ($0.38 EPS); NIM expands to 3.07% on record NII
Net income of $6.3M vs $4.5M in Q4 2024; includes $3.75M specific reserve on a $15M CRE loan.
Arrow Financial records $3.75M reserve on $15M CRE loan in foreclosure
Recorded $3.75M specific reserve on a $15M commercial real estate loan secured by two Upstate NY office parks.
Q4 2024 net income $4.5M ($0.27 diluted EPS) vs $7.7M ($0.46) in Q4 2023; full-year net income $29.7M ($1.77) vs $30.1M ($1.77).
Sold $75M low-yield AFS securities (0.6% avg yield, 1.3 yr life) for $3M pre-tax loss; reinvested at 4.4% yield, 4.5 yr life.
Arrow Financial reports Q3 EPS $0.53, up from $0.46 YoY; NIM widens to 2.78%
Net income $9.0M, diluted EPS $0.53 vs $0.46 in Q3 2023; net interest margin improved to 2.78% (2.79% FTE).
Arrow Q2 net income $8.6M ($0.52 EPS), up from $6.0M YoY; NIM improves to 2.67%
Net income $8.6M, EPS $0.52 vs $6.0M/$0.35 in Q2 2023.
Arrow Financial receives OCC approval to merge two bank subsidiaries into Arrow Bank NA
OCC approved the combination of Glens Falls National Bank and Saratoga National Bank into Arrow Bank National Association.
Arrow Financial Q1 net income $7.7M ($0.45 EPS); loans up 6.1% annualized; margin improves
Net income $7.7M vs $8.6M in Q1 2023; diluted EPS $0.45 vs $0.50.
Effective June 30, 2025, David D. Kaiser, our Chief Credit Officer, will be retiring and relinquishing all positions he holds with Arrow Financial Corporation (“Arrow”) and its subsidiaries.
On January 29, 2025, Gary L. Dake notified the Board of Directors of Arrow Financial Corporation (the "Company") that he will retire from the Board after serving out the rest of his term which ends at the 2025 Annual Meeting.
William L. Owens retired from the Company's Board of Directors (the "Board") as a result of having reached the mandatory retirement age for directors as stipulated in the Company’s bylaws.
Tenée R. Casaccio was appointed as the Chair of the Board.
Max materiality 0.80 · Median 0.60 · Most common event earnings