OverviewSuggest Edit

Arrow Financial Corporation operates as the bank holding company for Glens Falls National Bank and Trust Company, and Saratoga National Bank and Trust Company that provide commercial and consumer banking, and financial products and services. The Company offers various deposit and lending products. It also maintains an indirect lending program through sponsorship of automobile dealer programs, and sells residential real estate loan originations into the secondary market. In addition, the Company provides retirement planning, trust, and estate administration services for individuals, and pension, profit-sharing, and employee benefit plan administration for corporations. Further, it offers insurance agency services and investment advisory services, as well as holds a real estate investment trust.

TypePublic
Founded1983
HQGlens Falls, US
Websitearrowfinancial.com

Latest Updates

Employees (est.) (Dec 2018)516(-3%)
Job Openings7
Revenue (FY, 2019)$28.6 M(-1%)
Share Price (Sept 2020)$24.6 (-2%)
Cybersecurity ratingAMore

Key People/Management at Arrow Financial

Tenée R. Casaccio

Tenée R. Casaccio

Director
Richard J. Reisman

Richard J. Reisman

Director
Thomas J. Murphy

Thomas J. Murphy

President and CEO
Edward J. Campanella

Edward J. Campanella

Senior Vice President, Treasurer and CFO
David S. DeMarco

David S. DeMarco

Senior Vice President and CBO
Thomas L. Hoy

Thomas L. Hoy

Chairman
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Arrow Financial Office Locations

Arrow Financial has an office in Glens Falls
Glens Falls, US (HQ)
250 Glen St
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Arrow Financial Financials and Metrics

Arrow Financial Revenue

Arrow Financial's revenue was reported to be $28.56 m in FY, 2019
USD

Revenue (Q2, 2020)

7.2m

Net income (Q2, 2020)

9.2m

Market capitalization (23-Sept-2020)

380.9m

Closing stock price (23-Sept-2020)

24.6

Cash (30-Jun-2020)

38.3m
Arrow Financial's current market capitalization is $380.9 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

25.9m27.1m28.1m28.3m28.1m27.8m27.6m28.9m28.6m

Revenue growth, %

3%4%6%

Sales and marketing expense

831.0k

R&D expense

2.3m
Quarterly
USDQ2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

6.2m7.9m6.8m6.8m7.2m7.1m6.9m7.0m7.4m6.9m7.4m7.1m6.9m7.2m7.1m6.7m7.1m7.1m6.9m7.9m7.4m6.9m6.9m7.7m7.7m7.2m

Operating expense total

2.8m2.9m2.6m2.9m3.3m3.3m3.2m3.3m3.2m3.5m3.6m3.6m3.5m3.8m3.7m3.7m3.8m3.7m3.8m3.7m3.8m2.6m2.4m2.6m2.4m2.2m

EBIT

8.5m

EBIT margin, %

136%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

21.9m22.2m21.8m23.4m24.7m26.5m29.3m36.3m37.5m

Depreciation and Amortization

6.5m8.9m8.9m7.0m6.3m5.9m5.4m4.8m5.5m

Cash From Operating Activities

36.1m32.5m36.7m30.6m28.9m34.7m37.8m42.0m43.9m

Purchases of PP&E

(5.4m)(8.1m)(2.2m)(1.5m)(1.6m)(1.4m)(2.6m)(5.1m)(7.8m)
USDQ2, 2011

Financial Leverage

11.6 x
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Arrow Financial Operating Metrics

Arrow Financial's Total Loans was reported to be $1.9b in Q2, 2017. Arrow Financial's Assets Under Management was reported to be $1.4b in Q2, 2017.
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Arrow Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Arrow Financial Online and Social Media Presence

Embed Graph

Arrow Financial News and Updates

Arrow Financial Corporation Declares Stock Dividend for 10th Consecutive Year

GLENS FALLS, N.Y., Aug. 29, 2018 /PRNewswire/ -- Thomas J. Murphy, President and CEO, announced that a 3% stock dividend was declared on August 29, 2018, and will be distributed on September 27, 2018. This is the 10th consecutive year that Arrow has distributed a stock dividend. "We are...

Arrow Financial Frequently Asked Questions

  • When was Arrow Financial founded?

    Arrow Financial was founded in 1983.

  • Who are Arrow Financial key executives?

    Arrow Financial's key executives are Tenée R. Casaccio, Richard J. Reisman and Thomas J. Murphy.

  • How many employees does Arrow Financial have?

    Arrow Financial has 516 employees.

  • What is Arrow Financial revenue?

    Latest Arrow Financial annual revenue is $28.6 m.

  • What is Arrow Financial revenue per employee?

    Latest Arrow Financial revenue per employee is $55.3 k.

  • Who are Arrow Financial competitors?

    Competitors of Arrow Financial include Wells Fargo, Capital City Bank and BancFirst.

  • Where is Arrow Financial headquarters?

    Arrow Financial headquarters is located at 250 Glen St, Glens Falls.

  • Where are Arrow Financial offices?

    Arrow Financial has an office in Glens Falls.

  • How many offices does Arrow Financial have?

    Arrow Financial has 1 office.