Arrow Financial Corp

Chart & Performance

D1W1MN

P/E

15.29

P/S

3.52

EPS

1.80

Div Yield, %

3.91%

Shrs. gr., 5y

0.88%

Rev. gr., 5y

2.94%

Revenues

131m

-12.51%

Net income

30m

-38.37%

CFO

21m

-65.54%

Dividend

Oct 15, 20240 USD/sh

Earnings

Jan 30, 2025

Profile

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

URL

https://www.arrowfinancial.com/

IPO date

Sep 18, 1980

Employees

502

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	130,568 -12.51%	149,241 4.57%
Cost of revenue	50,890	49,369
Unusual Expense (Income)
NOPBT	79,678	99,872
NOPBT Margin	61.02%	66.92%
Operating Taxes	7,445	14,114
Tax Rate	9.34%	14.13%
NOPAT	72,233	85,758
Net income	30,075 -38.37%	48,799 -2.12%
Dividends	(17,983)	(17,444)
Dividend yield	3.78%	3.02%
Proceeds from repurchase of equity	(3,136)	(968)
BB yield	0.66%	0.17%
Debt
Debt current	20,000	27,000
Long-term debt	56,632	58,038
Deferred revenue
Other long-term liabilities	3,738,530	(25,919)
Net debt	(65,904)	(1,310,214)
Cash flow
Cash from operating activities	20,580	59,713
CAPEX	(7,081)	(14,250)
Cash from investing activities	(82,650)	(393,062)
Cash from financing activities	139,946	(59,687)
FCF	135,794	(16,176)
Balance
Cash	142,536	638,155
Long term investments		757,097
Excess cash	136,008	1,387,790
Stockholders' equity	54,443	37,170
Invested Capital	4,135,425	3,959,339
ROIC	1.78%	2.42%
ROCE	1.90%	2.50%
EV
Common stock shares outstanding	17,037	17,059
Price	27.94 -17.58%	33.90 -3.78%
Market cap	476,014 -17.69%	578,295 -3.74%
EV	410,110	(731,919)
EBITDA	86,396	107,420
EV/EBITDA	4.75
Interest	57,732	11,308
Interest/NOPBT	72.46%	11.32%