profit from every $100 of sales.
$0$100
Arrow Financial
$39.11+1.66% today
+30.1% in 1 year
1-year low $29.191-year high $42.50
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $16.49 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Arrow Financial sold, what it kept, and what it did with the cash.
Sales went from $149 million in 2022 to $166 million in 2025, with $44.0 million of profit last year.
SalesProfit
Arrow Financial handed back 81% of the cash it generated last year.
Buybacks $10M$19M
Free cash flow 2025$36M
Bought back its own shares$10M
Paid as dividends$19M
Cash vs. debt$214M vs. $29M
Arrow Financial vs. similar companies
Arrow Financial grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Arrow Financial | 16.5× · Fair price | ||
 China Merchants Bank | 7.8× · Cheap | ||
 DBS Group Holdings | 18.1× · Fair price | ||
 UniCredit | 11.6× · Cheap | ||
 HDFC Bank | 18.5× · Fair price |
AI analysis
An AI analyst reads Arrow Financial's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 149 | 134 | 140 | 166 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 49 | 30 | 30 | 44 | |
| 2.86 | 1.77 | 1.77 | 2.65 | |
| – | – | – | – | |
| – | – | – | – | |
| 32.7% | 22.5% | 21.3% | 26.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,970 | 4,170 | 4,306 | 4,446 |
| Cash | 65 | 143 | 155 | 214 |
| Total debt | 80 | 52 | 34 | 29 |
| Total liabilities | 3,616 | 3,790 | 3,905 | 4,014 |
| 354 | 380 | 401 | 432 | |
| 17 | 17 | 17 | 17 | |
| – | – | – | – | |
| 13.8% | 7.9% | 7.4% | 10.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 60 | 21 | 34 | 41 | |
| 14 | 7 | 6 | 5 | |
| 45 | 13 | 29 | 36 | |
| Dividends paid | 17 | 18 | 18 | 19 |
| 3 | 4 | 7 | 10 | |
| 1 | 1 | 1 | 1 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 16.5×
- 10.6×
- –
- 1.4×
- 4.4×
- 6.1%
- 3.2%
Profitability
- 26.5%
- 44.8%
- 9.0%
- 12.0%
- 1.1%
Growth
- +3.5%
- −2.6%
- +2.5%
- −0.7%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 2%of 843
Top 40%of 730
Bottom 37%of 866
Bottom 32%of 862
Bottom 44%of 921
What analysts expect
- Average price target
- $30.00
- Range
- $30.00 – $30.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.85 | 0.79 | +7.6% |
| Jan 29, 2026 | 0.85 | 0.80 | +6.2% |
| Oct 30, 2025 | 0.77 | 0.72 | +6.9% |
| Jul 24, 2025 | 0.70 | 0.60 | +16.7% |
| May 1, 2025 | 0.38 | 0.43 | −10.9% |
| Mar 14, 2025 | 0.27 | – | – |
| Oct 31, 2024 | 0.53 | 0.53 | +0.0% |
| Jul 25, 2024 | 0.52 | 0.54 | −3.7% |
3.2%of the share price, paid each year
On $1,000 invested$32a year at today's yield, before tax
+2.5%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.88 in 2015 → $1.14 in 2025
How safe it looks
43.0% of its profit
Room to growStretchedMore than it earns: 52.2%
News
Arrow Reserve Capital Management ETF declares $0.3049 dividendSeeking Alpha · Sep 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
54No pass
Benjamin Graham
69Pass
Philip Fisher
62Pass
Peter Lynch
36No pass
Joel Greenblatt
74Pass
Charlie Munger
72Pass
Terry Smith
61Pass
Questions about Arrow Financial
Is Arrow Financial a good stock to buy?
A strong, very profitable business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Arrow Financial AI analysis
What does Arrow Financial do?
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. It is in Banks - Regional.
Does Arrow Financial pay a dividend?
Yes. At today's price the dividend is 3.2% a year, about 43% of its yearly profit. In 2025 it paid out $18.9 million in dividends.
Is Arrow Financial stock halal?
No. Arrow Financial does not pass our halal screen: its main business, banking, is not permitted. How we check
How has Arrow Financial stock done over the past year?
Up 30.1% over the past twelve months, to $39.11. It traded between $29.19 and $42.50 and is 8.0% below its high.
Who are Arrow Financial's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with Arrow Financial's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.