Arrow Financial

Arrow is a multi-bank holding company based in Glens Falls, New York, with over $2 billion in assets. Through its subsidiaries, Arrow Financial Corporation provides a broad range of banking and insurance services across northeastern New York, including online and mobile banking, wealth management, money market and deposit accounts, and mortgage, consumer and commercial loans. Arrow is committed to delivering value for its shareholders, its customers and its communities. Its conservative business model and strategy of steady growth have resulted in many recognitions from the nation’s leading publications and bank-rating firms.
Type
Public
HQ
Brooklyn, US
Size (employees)
511 (est)
Arrow Financial is headquartered in Brooklyn, US

Arrow Financial Office Locations

Arrow Financial has an office in Brooklyn
Brooklyn, US (HQ)
6201 15th Ave

Arrow Financial Metrics

Arrow Financial Financial Metrics

Revenue (2016)

$104.7 m

Revenue growth (2015-16), %

6%

Gross profit

$99.4 m

Gross profit margin (2016), %

95%

Net income (2016)

$26.5 m

Market capitalization (28-Apr-2017)

$461.7 m

Closing share price (28-Apr-2017)

$34.8

Cash (31-Dec-2016)

$43 m
Arrow Financial's current market capitalization is $461.7 m.
Arrow Financial's revenue was reported to be $104.7 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$92.2 m$95.2 m$98.9 m$104.7 m

Revenue growth, %

3%4%6%

Cost of goods sold

$7.9 m$5.8 m$4.8 m$5.4 m

Gross profit

$84.3 m$89.4 m$94 m$99.4 m

Gross profit Margin, %

91%94%95%95%

Operating expense total

$53.2 m$54 m$57.4 m$59.6 m

EBIT

$56 m$59.2 m$64.6 m$69.5 m

EBIT margin, %

61%62%65%66%

Interest income

$71.6 m

Pre tax profit

$30.9 m$33.5 m$35.3 m$37.7 m

Income tax expense

$9.1 m$10.2 m$10.6 m$11.2 m

Net Income

$21.8 m$23.4 m$24.7 m$26.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$37.3 m$35.1 m$34.8 m$43 m

Accounts Receivable

Inventories

PP&E

$29.2 m$28.5 m$27.4 m$26.9 m

Goodwill

$22 m$22 m$21.9 m$21.9 m

Total Assets

$2.2 b$2.2 b$2.4 b$2.6 b

Accounts Payable

Common Stock

$16.7 m$17.1 m$17.4 m

Preferred Stock

Additional Paid-in Capital

$229.3 m$239.7 m$250.7 m$270.9 m

Retained Earnings

$27.5 m$29.5 m$32.1 m$28.6 m

Total Equity

$192.2 m$200.9 m$214 m$232.9 m

Financial Leverage

11.3 x11 x11.4 x11.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$21.8 m$23.4 m$24.7 m$26.5 m

Depreciation and Amortization

$8.9 m$7 m$6.3 m$5.9 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$36.7 m$30.6 m$28.9 m$34.7 m

Cash From Investing Activities

($149 m)($67.7 m)($229.5 m)($157.8 m)

Dividends Paid

($12.1 m)($12.4 m)($12.7 m)($13.1 m)

Cash From Financing Activities

$113.5 m$33.4 m$205.4 m$129.4 m

Income Taxes Paid

$8.3 m$10.1 m$9.4 m$12 m

Arrow Financial Market Value History

Arrow Financial Company Life

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