Security
Arrow Financial Corporation Common Stock · AROW
AROWNASDAQCommon stockCurrentCIK 717538Updated Oct 30, 2026
AROW price & chart
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Recent filings
Results of Operations and Financial Condition · Regulation FD Disclosure · Other Events
Items 2.02, 7.01, 8.01, 9.01
13F-HR filing
Financial Statements and Exhibits
Items 9.01
Other Events
Items 8.01, 9.01
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 4,587,115,000Source | 4,411,449,000Source | 4,482,359,000Source | 4,414,719,000Source | 4,244,407,000Source | 4,522,019,000Source | 4,448,885,000Source | 4,333,623,000Source | 4,445,862,000Source | 4,306,348,000Source | 4,169,868,000Source | 3,969,509,000Source |
| Property, Plant and Equipment, NetUSD | — | — | — | — | — | — | — | — | 55,327,000Source | 55,434,000Source | 55,182,000Source | 51,854,000Source |
| GoodwillUSD | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 21,873,000Source | 23,789,000Source | 23,789,000Source | 21,873,000Source | 23,789,000Source | 23,789,000Source | 21,873,000Source | 21,873,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,347,000Source | 4,792,000Source | — | 4,516,000Source | 4,956,000Source | 4,752,000Source | 4,834,000Source | 4,790,000Source | 4,177,000Source | 4,628,000Source | 4,948,000Source | 5,627,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 4,169,428,000Source | 4,018,138,000Source | 4,036,053,000Source | 4,006,213,000Source | 3,861,389,000Source | 4,081,876,000Source | 4,044,476,000Source | 3,955,637,000Source | 4,014,010,000Source | 3,905,447,000Source | 3,790,096,000Source | 3,615,971,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 22,067,000Source | 21,424,000Source |
| Additional Paid in CapitalUSD | 414,133,000Source | 413,065,000Source | 415,357,000Source | 413,880,000Source | 412,917,000Source | 414,431,000Source | 413,469,000Source | 412,823,000Source | 414,506,000Source | 413,476,000Source | 412,551,000Source | 400,270,000Source |
| Retained Earnings (Accumulated Deficit)USD | 93,027,000Source | 77,429,000Source | 116,806,000Source | 84,970,000Source | 72,980,000Source | 110,804,000Source | 78,827,000Source | 68,887,000Source | 102,271,000Source | 77,215,000Source | 65,792,000Source | 65,401,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -8,640,000Source | -25,968,000Source | -5,390,000Source | -10,889,000Source | -31,632,000Source | -4,764,000Source | -13,520,000Source | -32,714,000Source | -4,037,000Source | -18,453,000Source | -33,416,000Source | -49,655,000Source |
| Stockholders' Equity Attributable to ParentUSD | 417,687,000Source | 393,311,000Source | 446,306,000Source | 408,506,000Source | 383,018,000Source | 440,143,000Source | 404,409,000Source | 377,986,000Source | 431,852,000Source | 400,901,000Source | 379,772,000Source | 353,538,000Source |
| Liabilities and EquityUSD | 4,587,115,000Source | 4,411,449,000Source | 4,482,359,000Source | 4,414,719,000Source | 4,244,407,000Source | 4,522,019,000Source | 4,448,885,000Source | 4,333,623,000Source | 4,445,862,000Source | 4,306,348,000Source | 4,169,868,000Source | 3,969,509,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 2,588,000Source | — | — | — |
| Long-term DebtUSD | — | — | — | — | — | — | — | — | 4,265,000Source | 8,600,000Source | 6,500,000Source | 27,800,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 228,000Source | 125,000Source | 683,000Source | 314,000Source | 605,000Source | 312,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -1,530,000Source | -854,000Source | 193,000Source | -789,000Source | 1,799,000Source | -1,252,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 15,243,000Source | 10,070,000Source | 41,280,000Source | 34,469,000Source | 20,580,000Source | 59,713,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -15,109,000Source | 5,083,000Source | -61,450,000Source | -88,950,000Source | -82,650,000Source | -393,062,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,302,000Source | 1,274,000Source | 5,089,000Source | 5,597,000Source | 7,081,000Source | 14,250,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 113,000Source | 3,479,000Source | 10,240,000Source | 6,790,000Source | 3,608,000Source | 2,872,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 71,289,000Source | 131,747,000Source | 79,807,000Source | 66,491,000Source | 139,946,000Source | -59,687,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | — | — | — | — | — | 17,444,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 71,423,000Source | 146,900,000Source | 59,637,000Source | 12,010,000Source | 77,876,000Source | -393,036,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 397,437,000Source | 340,088,000Source | 186,788,000Source | 268,448,000Source | 285,606,000Source | 301,446,000Source | 214,183,000Source | 154,546,000Source | 142,536,000Source | 64,660,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 18,101,000Source | 18,718,000Source | 77,209,000Source | 84,489,000Source | 51,828,000Source | 5,752,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 18,648,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 104,000Source | 197,000Source | 284,000Source | 451,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 526,000Source | 455,000Source | 390,000Source | 428,000Source |
| Debt and Equity Securities, Gain (Loss)USD | — | — | 392,000Source | 94,000Source | 155,000Source | -40,000Source | 145,000Source | 317,000Source | 542,000Source | -2,907,000Source | -92,000Source | 427,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | — | — | — | — | — | — | 0Source | -3,038,000Source | -9,097,000Source | — |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | — | — | — | — | — | — | — | — | -577,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 4,731,000Source | 4,432,000Source | 3,752,000Source | 3,330,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | 392,000Source | 94,000Source | 155,000Source | -40,000Source | 145,000Source | 317,000Source | 542,000Source | 131,000Source | 9,005,000Source | 427,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 392,000Source | 94,000Source | 155,000Source | -40,000Source | 145,000Source | 317,000Source | 542,000Source | 131,000Source | -249,000Source | 427,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 815,000Source | 934,000Source | 2,827,000Source | 594,000Source | 548,000Source | 5,019,000Source | 7,274,000Source | 5,180,000Source | 3,381,000Source | 4,798,000Source |
| Gain (Loss) on Sale of Financing ReceivableUSD | — | — | — | — | — | — | 290,000Source | 101,000Source | 819,000Source | 209,000Source | 32,000Source | 83,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | — | — | — | -39,000Source | -37,000Source | -288,000Source | -404,000Source | -187,000Source | -167,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 259,000Source | 126,000Source | 154,000Source | 213,000Source | 290,000Source | 101,000Source | 819,000Source | 209,000Source | 32,000Source | 83,000Source |
| GoodwillUSD | — | — | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 23,789,000Source | 21,873,000Source | 21,873,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 3,774,000Source | 2,562,000Source | 2,934,000Source | 3,091,000Source | 3,860,000Source | 1,822,000Source | 11,435,000Source | 7,649,000Source | 7,445,000Source | 14,114,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 12,825,000Source | 8,975,000Source | 10,962,000Source | 10,805,000Source | 13,485,000Source | 6,310,000Source | 43,953,000Source | 29,709,000Source | 30,075,000Source | 48,799,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 12,783,000Source | 8,975,000Source | 10,891,000Source | 10,770,000Source | 13,392,000Source | 6,286,000Source | 43,811,000Source | — | — | — |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 17,945,000Source | 26,172,000Source | 124,122,000Source | 107,800,000Source | 70,415,000Source | 104,120,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 165,000Source | 102,000Source | 256,000Source | 433,000Source | 96,000Source | 631,000Source |
| Gain (Loss) on Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | — | — | 3,774,000Source | 2,562,000Source | 2,934,000Source | 3,091,000Source | 3,860,000Source | 1,822,000Source | 11,435,000Source | 7,649,000Source | 7,445,000Source | 14,114,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 12,825,000Source | 8,975,000Source | 10,962,000Source | 10,805,000Source | 13,485,000Source | 6,310,000Source | 43,953,000Source | 29,709,000Source | 30,075,000Source | 48,799,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.77Source | 0.54Source | 0.66Source | 0.65Source | 0.82Source | 0.38Source | 2.65Source | 1.77Source | 1.77Source | 2.95Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.77Source | 0.53Source | 0.66Source | 0.65Source | 0.82Source | 0.38Source | 2.65Source | 1.77Source | 1.77Source | 2.95Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 16,402,000Source | 16,710,000Source | 16,428,000Source | 16,545,000Source | 16,381,922Source | 16,665,138Source | 16,502,724Source | 16,739,000Source | 17,037,000Source | 16,513,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 16,406,000Source | 16,742,000Source | 16,467,000Source | 16,551,000Source | 16,402,611Source | 16,672,852Source | 16,505,470Source | 16,745,000Source | 17,037,000Source | 16,562,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 526,000Source | 455,000Source | 390,000Source | 428,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.29Source | 0.27Source | 0.3Source | 0.28Source | 0.3Source | 0.28Source | 1.14Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 11,242,000Source | 8,438,000Source | 5,646,000Source | 15,366,000Source |
| Debt and Equity Securities, Gain (Loss)USD | — | — | 392,000Source | 94,000Source | 155,000Source | -40,000Source | 145,000Source | 317,000Source | 542,000Source | -2,907,000Source | -92,000Source | 427,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | — | — | — | — | — | — | — | — | -577,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 1,246,000Source | 1,206,000Source | 5,418,000Source | 5,361,000Source | 6,718,000Source | 7,548,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 815,000Source | 934,000Source | 2,827,000Source | 594,000Source | 548,000Source | 5,019,000Source | 7,274,000Source | 5,180,000Source | 3,381,000Source | 4,798,000Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | 16,599,000Source | 11,537,000Source | 13,896,000Source | 13,896,000Source | 17,345,000Source | 8,132,000Source | 55,388,000Source | 37,358,000Source | 37,520,000Source | 62,913,000Source |
| Interest ExpenseUSD | — | — | 19,467,000Source | 21,005,000Source | 17,686,000Source | 19,040,000Source | 17,664,000Source | 19,009,000Source | 76,983,000Source | 83,261,000Source | 57,732,000Source | 11,308,000Source |
| Interest Expense, DebtUSD | — | — | 0Source | 1,177,000Source | 1,019,000Source | 0Source | 0Source | 167,000Source | 167,000Source | 3,637,000Source | 6,756,000Source | — |
| Interest Income (Expense), NetUSD | — | — | — | — | — | — | — | — | — | — | 104,832,000Source | 118,343,000Source |
| Interest Revenue (Expense), NetUSD | — | — | 34,131,000Source | 28,438,000Source | 35,931,000Source | 32,533,000Source | 36,130,000Source | 31,357,000Source | 133,164,000Source | 111,732,000Source | — | — |
| Labor and Related ExpenseUSD | — | — | 14,339,000Source | 13,446,000Source | 15,097,000Source | 14,086,000Source | 14,922,000Source | 13,555,000Source | 56,289,000Source | 52,707,000Source | 47,667,000Source | 47,003,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 12,783,000Source | 8,975,000Source | 10,891,000Source | 10,770,000Source | 13,392,000Source | 6,286,000Source | 43,811,000Source | — | — | — |
| Other ExpensesUSD | — | — | — | — | — | — | — | — | 5,236,000Source | 5,749,000Source | 6,630,000Source | 4,490,000Source |
| Other Operating IncomeUSD | — | — | 622,000Source | 648,000Source | 298,000Source | 447,000Source | 640,000Source | 460,000Source | 2,003,000Source | 2,781,000Source | 2,437,000Source | 2,588,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 42,000Source | 0Source | 71,000Source | 35,000Source | 93,000Source | 24,000Source | 142,000Source | — | — | — |
Offerings
Registration 333-295242
Filing attachments
tm2612091d2_ex99-1.htm · S-4/A · 2026-05-05
EX-99.1 5 tm2612091d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 REVOCABLE PROXY ADIRONDACK BANCORP, INC. SPECIAL MEETING OF STOCKHOLDERS [●], 2026 The undersigned hereby appoints the official proxy committee consisting of the Board of Directors of Adirondack Bancorp, Inc. (the “Company”) with full powers of substitution to act as attorneys and proxies for the undersigned to vote all shares of Common Stock of the Company which the undersigned is entitled to vote at a Special Meeting of Stockh…
Read attachment ↗tm2612091d1_ex99-2.htm · S-4 · 2026-04-22
EX-99.2 9 tm2612091d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 CONSENT OF KEEFE, BRUYETTE & WOODS, INC. We hereby consent to the inclusion of our opinion letter to the Board of Directors of Adirondack Bancorp, Inc. (“Adirondack”), as Annex C to the proxy statement/prospectus which forms a part of the Registration Statement on Form S-4 filed on the date hereof (the “Registration Statement”) relating to the proposed merger of Arrow Merger Sub, Inc., a wholly owned subsidiary of Arrow Financial C…
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