AROW Arrow Financial Corporation featured news, full reports, and detailed charts
Arrow Financial Corporation (AROW) Wrap Up:
Our holding company, Arrow Financial Corporation, a New York corporation, was incorporated on March 21, 1983 and is registered as a bank holding company within the meaning of the Bank Holding Company Act of 1956. Arrow owns (directly or indirectly) two nationally chartered banks in New York (Glens Falls National and Saratoga National), an insurance agency (Capital Financial Group, Inc.), a registered investment adviser that advises our proprietary mutual funds (North Country Investment Advisers, Inc.), a Real Estate Investment Trust (Arrow Properties, Inc.) and five other non-bank subsidiaries whose operations are insignificant. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f07%2f0000717538-08-000023.html#FIS_BUSINESS"Arrow Financial Corporation (AROW:NASDAQ)
Snapshot of Arrow Financial Corporation (AROW)
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OPEN
$24.91
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PREVIOUS CLOSE
$25.01
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DAY HIGH
$25.39
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DAY LOW
$24.91
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52 WEEK HIGH
09/18/09 - $29.74
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52 WEEK LOW
02/24/09 - $18.93
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MARKET CAP
279.7M
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AVERAGE VOLUME 3 mo
26.1K
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DILUTED EPS TTM
$1.98
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SHARES OUTSTANDING
11.0M
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EX-DATE
12/1/09
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P/E TTM
12.8x
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DIVIDEND
$1.00
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DIVIDEND YIELD
3.94%
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| K = Thousands M = Millions B = Billions | ||
AROW Top Compensated Officers
Executives, Board Directors
Key developments for Arrow Financial Corporation (AROW)
The Board of Directors of Arrow Financial Corporation declared a quarterly cash dividend of $0.25 per share payable December 15, 2009 to shareholders of record December 3, 2009. This represents an increase of 3% over the cash dividend paid in the fourth quarter of 2008, as a result of the September 29, 2009 3% stock dividend.
Arrow Financial Corporation expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).
Arrow Financial Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $5,062,000 or $0.46 per diluted share on net interest income of $15,202,000 against reported net income of $5,008,000 or $0.46 per diluted share on net interest income of $14,902,000 in the same period of last year. Interest and dividend income was $21,664,000 against $22,592,000 in the same period of last year. Income before taxes was $7,350,000 against $7,206,000 in the same period of last year. Return on average assets was 1.13% against 1.20% in the same period of last year. Return on average equity was 14.72% against 15.99% in the same period of last year. For the nine months ended September 30, 2009, the company reported net income of $16,675,000 or $1.52 per diluted share on net interest income of $44,718,000 against reported net income of $15,425,000 or $1.41 per diluted share on net interest income of $42,053,000 in the same period of last year. Net interest income was favorably impacted by an increase in average earning assets, which increased 6.7% for the 2009 nine-month period as compared with the same period in 2008. Interest and dividend income was $64,688,000 against $66,789,000 in the same period of last year. Income before taxes was $24,264,000 against $22,259,000 in the same period of last year. Book value per share as at September 30, 2009 was $12.76 against $11.58 as at September 30, 2008. Return on average assets was 1.29% against 1.26% in the same period of last year. Return on average equity was 16.77% against 16.46% in the same period of last year.
AROW Competitors
| Company | Last | Change |
| Fannie Mae | $1.02 USD | -0.01 |
| Freddie Mac | $1.14 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AROW | Industry Range |
| Price/Earnings | 12.8x |
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| Price/Sales | 3.6x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | 12.9x |
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| TEV/Sales | NM | Not Meaningful |
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AROW |
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AROW transactions
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Target | |
| No transactions in the last 6 months. | ||