Arrow Financial Corporation (NASDAQ:AROW – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Wednesday, November 11th will be given a dividend of $0.30 per share by the financial services provider on Monday, November 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, November 10th.
Arrow Financial has a dividend payout ratio of 41.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Arrow Financial to earn $4.30 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 27.9%.
Arrow Financial Trading Up 1.7%
Shares of AROW opened at $38.67 on Friday. The stock’s fifty day simple moving average is $37.85 and its 200-day simple moving average is $36.87. The firm has a market capitalization of $716.17 million, a PE ratio of 11.96 and a beta of 0.76. Arrow Financial has a 12-month low of $26.46 and a 12-month high of $42.70. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.06.
Key Stories Impacting Arrow Financial
Here are the key news stories impacting Arrow Financial this week:
- Positive Sentiment: Core earnings and revenue beat estimates. Arrow reported third-quarter core EPS of $0.97, above the $0.94 consensus and up from $0.77 a year earlier. Revenue reached $60.15 million versus the $57.82 million estimate. Arrow Financial Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: Adirondack Bancorp acquisition expanded the business. Net interest income increased 35.6% sequentially to $48.7 million, net interest margin improved to 3.80% from 3.42%, and total assets, loans, and deposits grew substantially following the July 1 acquisition. Assets rose to $5.5 billion, loans to $4.1 billion, and deposits to $4.7 billion. Arrow Financial Q3 2026 Earnings
- Positive Sentiment: Arrow maintained its quarterly dividend. The company declared a $0.30-per-share dividend payable November 23 to shareholders of record November 11. The annualized $1.20 payout represents an indicated yield of approximately 3.1%, supporting the stock’s income appeal.
- Neutral Sentiment: Loan credit quality remains an item to monitor. Arrow separately reported unaudited consolidated net loan charge-off information for the quarter ended September 30, but the supplied announcement does not provide the charge-off amount or ratio. Arrow Financial Reports Third-Quarter Loan Charge-Offs
- Negative Sentiment: Merger-related costs depressed reported results. Arrow recorded approximately $15.6 million in expenses tied to the Adirondack transaction, contributing to GAAP net income of $5.7 million, or $0.31 per diluted share, compared with $11.0 million, or $0.66 per share, in the prior quarter. Investors will likely focus on whether the acquisition’s revenue benefits outweigh remaining integration costs.
About Arrow Financial
Arrow Financial Corporation (NASDAQ: AROW) is a bank holding company headquartered in Glens Falls, New York. Through its banking subsidiaries, the company provides commercial and consumer banking services to individuals, families, businesses and municipalities.
Arrow’s offerings include checking and savings accounts, certificates of deposit, residential mortgages, home equity financing, consumer loans, commercial lending, treasury management and online banking. Through affiliated businesses, it also provides investment management, trust and financial planning services, as well as insurance products.
The company’s banking operations serve communities primarily in eastern New York, including the Capital Region, the Adirondacks and the surrounding areas.
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