- ISIN
- US0427441029
- CUSIP
- 042744102
- Sector
- Financial Services
- Industry
- Banks - Regional
- IPO Date
- Sep 7, 1984
Highlights
- Market Cap
- $640.87M
- Enterprise Value
- $611.76M
- EPS (TTM)
- $3.11
- PE Ratio
- 12.57
- PEG Ratio
- 5.22
- Total Revenue (TTM)
- $238.17M
- Gross Profit (TTM)
- $124.15M
- EBITDA (TTM)
- $50.82M
- Year Range
- $25.84 - $40.29
- Target Price
- $30.00
- ROA (TTM)
- 1.13%
- ROE (TTM)
- 11.62%
Share Price Chart
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Performance
AROW Performance Chart
Arrow Financial Corporation (AROW) is up 26.5% since the beginning of the year. At $39 per share, AROW is trading 3.0% below its 52-week high of $40. Investors who bought $1,000 worth of AROW shares 5 years ago would now be looking at an investment worth $1,440.
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Returns By Period
Arrow Financial Corporation (AROW) has returned 26.53% so far this year and 61.56% over the past 12 months. Over the last ten years, AROW has returned 9.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Arrow Financial Corporation
- 1D
- 0.70%
- 1M
- 6.11%
- YTD
- 26.53%
- 6M
- 26.07%
- 1Y
- 61.56%
- 3Y*
- 29.17%
- 5Y*
- 7.57%
- 10Y*
- 9.15%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AROW Monthly Returns History
Based on dividend-adjusted daily data since Sep 7, 1984, AROW's average daily return is +0.08%, while the average monthly return is +1.24%. At this rate, an investment would double in approximately 4.7 years.
Historically, 56% of months were positive and 44% were negative. The best month was May 1994 with a return of +36.3%, while the worst month was Jun 1991 at -20.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 9 months.
On a daily basis, AROW closed higher 43% of trading days. The best single day was Sep 30, 2008 with a return of +29.0%, while the worst single day was Sep 29, 2008 at -18.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.68% | -0.64% | 0.78% | 9.77% | 0.42% | 6.46% | 26.53% | ||||||
| 2025 | -7.31% | 2.65% | -2.74% | -6.69% | 6.09% | 2.60% | 1.44% | 12.12% | -4.81% | -1.45% | 9.12% | 4.15% | 13.95% |
| 2024 | -9.84% | -3.73% | 4.34% | -10.99% | 14.03% | 3.74% | 21.00% | -2.31% | -6.00% | 0.55% | 15.56% | -12.95% | 7.15% |
| 2023 | -2.92% | -7.38% | -17.53% | -13.33% | -15.52% | 12.08% | -0.10% | -11.16% | -0.45% | 25.21% | 16.94% | 13.35% | -10.78% |
| 2022 | 0.43% | -2.16% | -5.62% | -3.45% | 6.71% | -3.98% | 5.47% | -3.49% | -7.55% | 20.82% | 1.79% | -3.61% | 2.33% |
| 2021 | -1.71% | 8.37% | 5.41% | 6.12% | 4.95% | -2.42% | 0.28% | 2.22% | -3.29% | 4.34% | -3.77% | 2.89% | 24.98% |
Benchmark Metrics
Arrow Financial Corporation has an annualized alpha of 12.32%, beta of 0.68, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since September 07, 1984.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (64.31%) than losses (38.42%) - typical of diversified or defensive assets.
- Beta of 0.68 may look defensive, but with R2 of 0.11 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.11 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 12.32%
- Beta
- 0.68
- R²
- 0.11
- Upside Capture
- 64.31%
- Downside Capture
- 38.42%
Return for Risk
Risk / Return Rank
AROW ranks 91 for risk / return — in the top 91% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Arrow Financial Corporation (AROW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AROW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.92 | 2.78 | +2.13 |
| Martin ratioReturn relative to average drawdown | 13.80 | 12.44 | +1.36 |
Dividends
Dividend History
Arrow Financial Corporation provided a 3.02% dividend yield over the last twelve months, with an annual payout of $1.18 per share. The company has been increasing its dividends for 10 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.18 | $1.14 | $1.09 | $1.06 | $1.03 | $0.96 | $0.93 | $0.90 | $0.86 | $0.82 | $0.80 | $0.78 |
Dividend yield | 3.02% | 3.63% | 3.80% | 3.78% | 3.12% | 2.89% | 3.40% | 2.69% | 3.12% | 2.88% | 2.42% | 3.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Arrow Financial Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.30 | $0.00 | $0.00 | $0.30 | $0.00 | $0.60 | ||||||
| 2025 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.29 | $0.00 | $1.14 |
| 2024 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.27 | $0.00 | $0.28 | $0.00 | $0.00 | $1.09 |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.26 | $0.00 | $0.00 | $0.27 | $0.00 | $1.06 |
| 2022 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.00 | $1.03 |
| 2021 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 | $0.96 |
Dividend Yield & Payout
Dividend Yield
Arrow Financial Corporation has a dividend yield of 3.02%, which is quite average when compared to the overall market.
Payout Ratio
Arrow Financial Corporation has a payout ratio of 36.96%, which is quite average when compared to the overall market. This suggests that Arrow Financial Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Arrow Financial Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Arrow Financial Corporation was 67.11%, occurring on Dec 19, 1991. Recovery took 611 trading sessions.
The current Arrow Financial Corporation drawdown is 1.98%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1991 bear market1991 | -67.11%Dec 1991 | 2y 4mo | 2y 5mo | 4y 9moAug 1989 - May 1994 |
2023 bear market2023 | -50.54%Aug 2023 | 1y 9mo | 11mo 7d | 2y 8moNov 2021 - Jul 2024 |
Dot-com crash2000–2002 | -38.11%May 2000 | 2y 1mo | 9mo 4d | 2y 10moApr 1998 - Feb 2001 |
COVID crash2020 | -36.66%Mar 2020 | 2mo 27d | 11mo 22d | 1y 2moDec 2019 - Mar 2021 |
Financial crisis2007–2009 | -30.37%Mar 2009 | 5mo 9d | 4mo 28d | 10mo 7dOct 2008 - Aug 2009 |
Drawdown Indicators
| AROW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.11% | -56.78% | -10.33% |
Max Drawdown (1Y)Largest decline over 1 year | -12.58% | -9.10% | -3.48% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -18.90% | -11.01% |
Max Drawdown (5Y)Largest decline over 5 years | -50.54% | -25.43% | -25.11% |
Max Drawdown (10Y)Largest decline over 10 years | -50.54% | -33.92% | -16.62% |
Current DrawdownCurrent decline from peak | -1.98% | -1.80% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -12.37% | -10.71% | -1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 2.03% | +2.44% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Arrow Financial Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Arrow Financial Corporation is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for AROW, comparing it with other companies in the Banks - Regional industry. Currently, AROW has a P/E ratio of 12.6. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for AROW compared to other companies in the Banks - Regional industry. AROW currently has a PEG ratio of 5.2. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for AROW relative to other companies in the Banks - Regional industry. Currently, AROW has a P/S ratio of 2.7. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for AROW in comparison with other companies in the Banks - Regional industry. Currently, AROW has a P/B value of 1.5. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
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Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
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Income | — |
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Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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