Financial Snapshot

Revenue
Gross Margin
Net Earnings
$32.96M
TTM
Current Assets
Current Liabilities
$5.007M
Q3 2024
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$393.3M
Q3 2024
Cash
Q3 2024
P/E
16.53
Nov 29, 2024 EST
Free Cash Flow
$7.829M
TTM

Revenues

Revenues

No data

Revenue YoY Change

No data

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue
YoY Change

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.752M $7.548M $2.993M $2.758M $2.211M $1.891M $1.921M $1.928M $1.892M $1.879M $1.928M $1.521M $1.382M $1.286M $2.810M $2.570M $2.870M $3.030M $2.810M $3.150M $4.910M $3.150M $2.760M $2.500M $2.000M $1.410M $1.430M $1.200M $1.620M $2.170M $3.650M $3.470M $2.910M $2.430M $2.000M $1.900M
YoY Change -50.29% 152.19% 8.52% 24.74% 16.92% -1.56% -0.36% 1.9% 0.69% -2.54% 26.76% 10.06% 7.47% -54.23% 9.34% -10.45% -5.28% 7.83% -10.79% -35.85% 55.87% 14.13% 10.4% 25.0% 41.84% -1.4% 19.17% -25.93% -25.35% -40.55% 5.19% 19.24% 19.75% 21.5% 5.26%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Interest Expense $57.73M $11.31M $5.195M $12.69M $21.71M $12.49M $7.006M $5.356M $4.813M $5.767M $7.922M $11.96M $18.68M $23.70M $26.49M
YoY Change 410.54% 117.67% -59.08% -41.53% 73.89% 78.2% 30.81% 11.28% -16.54% -27.2% -33.75% -35.99% -21.17% -10.56%
% of Operating Profit
Other Income/Expense, Net $6.630M $4.490M $4.285M $3.411M $4.595M $3.507M $3.456M $3.469M $3.846M $3.531M $3.486M $3.243M $3.095M $3.173M
YoY Change 47.66% 4.78% 25.62% -25.77% 31.02% 1.48% -0.37% -9.8% 8.92% 1.29% 7.49% 4.78% -2.46%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

No data

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Pretax Income $37.52M $62.91M $64.40M $51.86M $47.08M $45.31M $39.86M $37.75M $35.27M $33.53M $30.87M $31.84M $31.65M $31.65M $31.58M $29.40M $24.10M $24.00M $26.70M $28.40M $27.50M $27.70M $22.90M $19.40M $18.50M $17.60M $16.20M $31.10M $19.40M $2.900M -$1.200M -$5.600M -$49.50M -$2.000M $1.300M -$100.0K
YoY Change -40.36% -2.31% 24.17% 10.17% 3.91% 13.67% 5.58% 7.02% 5.18% 8.62% -3.03% 0.61% 0.0% 0.2% 7.42% 21.99% 0.42% -10.11% -5.99% 3.27% -0.72% 20.96% 18.04% 4.86% 5.11% 8.64% -47.91% 60.31% 568.97% -341.67% -78.57% -88.69% 2375.0% -253.85% -1400.0%
Income Tax $7.445M $14.11M $14.55M $11.04M $9.600M $9.026M $10.53M $11.22M $10.61M $10.17M $9.079M $9.661M $9.714M $9.754M $9.790M $9.000M $6.800M $7.100M $8.100M $9.000M $8.600M $8.800M $7.100M $5.700M $5.700M $5.700M $5.200M $10.80M $7.000M $1.100M $400.0K $1.300M -$4.900M $2.400M $3.500M $2.800M
% Of Pretax Income 19.84% 22.43% 22.59% 21.28% 20.39% 19.92% 26.42% 29.71% 30.08% 30.34% 29.41% 30.34% 30.69% 30.82% 31.0% 30.61% 28.22% 29.58% 30.34% 31.69% 31.27% 31.77% 31.0% 29.38% 30.81% 32.39% 32.1% 34.73% 36.08% 37.93% 269.23%
Net Earnings $30.08M $48.80M $49.86M $40.83M $37.48M $36.28M $29.33M $26.53M $24.66M $23.36M $21.80M $22.18M $21.93M $21.89M $21.79M $20.40M $17.30M $16.90M $18.60M $19.50M $18.90M $18.90M $15.80M $13.70M $12.90M $11.80M $11.00M $20.30M $12.40M $1.800M -$100.0K -$6.200M -$44.60M -$4.400M -$2.200M -$2.900M
YoY Change -38.37% -2.12% 22.12% 8.94% 3.3% 23.71% 10.52% 7.59% 5.57% 7.18% -1.73% 1.12% 0.19% 0.46% 6.82% 17.92% 2.37% -9.14% -4.62% 3.17% 0.0% 19.62% 15.33% 6.2% 9.32% 7.27% -45.81% 63.71% 588.89% -1900.0% -98.39% -86.1% 913.64% 100.0% -24.14%
Net Earnings / Revenue
Basic Earnings Per Share $1.77 $2.95 $3.11 $2.56 $2.36 $2.37 $1.99 $1.87 $1.80 $1.76 $1.70 $1.78 $1.80 $1.85 $1.88
Diluted Earnings Per Share $1.77 $2.95 $3.10 $2.56 $2.36 $2.36 $1.98 $1.86 $1.80 $1.76 $1.70 $1.77 $1.79 $1.84 $1.88 $1.360M $1.138M $1.083M $1.170M $1.219M $1.212M $1.167M $975.3K $850.9K $758.8K $674.3K $618.0K $1.080M $623.1K $85.31K -$5.051K -$322.9K -$2.360M -$230.4K -$115.8K -$151.8K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $59.64M $56.49M $53.20M $47.90M $46.30M $30.40M $27.60M $26.90M $27.40M $28.50M $29.20M $28.90M $22.60M $18.80M $18.80M $17.60M $16.70M $15.60M $15.90M $14.90M $14.20M $13.70M $13.10M $12.40M $11.80M $11.10M $10.80M $9.400M $13.90M $14.60M $15.40M $17.80M $19.30M $19.70M $17.60M $7.500M
YoY Change 5.58% 6.19% 11.06% 3.46% 52.3% 10.14% 2.6% -1.82% -3.86% -2.4% 1.04% 27.88% 20.21% 0.0% 6.82% 5.39% 7.05% -1.89% 6.71% 4.93% 3.65% 4.58% 5.65% 5.08% 6.31% 2.78% 14.89% -32.37% -4.79% -5.19% -13.48% -7.77% -2.03% 11.93% 134.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets $4.170B $3.970B $4.028B $3.689B $3.184B $2.988B $2.761B $2.605B $2.446B $2.217B $2.164B $2.023B $1.963B $1.908B $1.842B $1.665B $1.585B $1.520B $1.520B $1.378B $1.374B $1.271B $1.151B $1.081B $1.001B $939.0M $831.6M $652.6M $789.8M $746.4M $733.4M $722.4M $769.9M $861.6M $801.6M $429.5M
YoY Change
Accounts Payable $600.0K $1.100M $2.000M $2.300M $3.000M
YoY Change -45.45% -45.0% -13.04% -23.33%
Accrued Expenses $5.152M $5.822M $7.100M $5.400M $5.700M
YoY Change -11.51% -18.0% 31.48% -5.26%
Deferred Revenue
YoY Change
Short-Term Debt $27.00M $0.00 $17.50M $51.10M $54.70M $65.00M $35.80M $23.20M $19.40M $11.80M $12.70M $68.30M $53.20M $73.90M $60.00M $53.70M $48.30M $43.10M $44.00M $40.90M $48.50M $37.60M $37.70M $31.00M $24.00M $24.80M $22.70M $15.30M $24.90M $12.50M $15.20M $25.10M $37.20M $29.00M $33.80M
YoY Change -100.0% -65.75% -6.58% -15.85% 81.56% 54.31% 19.59% 64.41% -7.09% -81.41% 28.38% -28.01% 23.17% 11.73% 11.18% 12.06% -2.05% 7.58% -15.67% 28.99% -0.27% 21.61% 29.17% -3.23% 9.25% 48.37% -38.55% 99.2% -17.76% -39.44% -32.53% 28.28% -14.2%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.152M $27.00M $7.100M $5.400M $5.700M $54.70M $65.00M $35.80M $23.20M $19.40M $11.80M $600.0K $1.100M $2.000M $2.300M $3.000M $53.70M $48.30M $43.10M $44.00M $40.90M $48.50M $37.60M $37.70M $31.00M $24.00M $24.80M $22.70M $15.30M $24.90M $12.50M $15.20M $25.10M $37.20M $29.00M $33.80M
YoY Change -80.92% 280.28% 31.48% -5.26% -89.58% -15.85% 81.56% 54.31% 19.59% 64.41% 1866.67% -45.45% -45.0% -13.04% -23.33% -94.41% 11.18% 12.06% -2.05% 7.58% -15.67% 28.99% -0.27% 21.61% 29.17% -3.23% 9.25% 48.37% -38.55% 99.2% -17.76% -39.44% -32.53% 28.28% -14.2%
Long-Term Debt $25.07M $25.12M $25.20M $25.20M $25.30M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $20.00M $15.00M $5.000M $5.000M $5.000M $5.000M $0.00 $0.00 $0.00 $0.00 $5.000M $5.300M $5.400M $7.000M $7.200M $5.800M $6.400M
YoY Change -0.21% -0.32% 0.0% -0.4% 26.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 33.33% 200.0% 0.0% 0.0% 0.0% -100.0% -5.66% -1.85% -22.86% -2.78% 24.14% -9.38%
Other Long-Term Liabilities $50.96M $37.69M $29.00M $26.40M $24.40M $19.50M $20.80M $22.00M $21.60M $23.10M $24.40M $23.60M $22.80M $16.90M $21.10M $21.30M $24.70M $22.40M $16.40M $13.70M $15.50M $13.50M $16.40M $13.80M $12.60M $17.30M $12.10M $13.90M $12.50M $7.700M $6.200M $4.300M $6.500M $6.500M $7.300M $4.200M
YoY Change 35.23% 29.96% 9.85% 8.2% 25.13% -6.25% -5.45% 1.85% -6.49% -5.33% 3.39% 3.51% 34.91% -19.91% -0.94% -13.77% 10.27% 36.59% 19.71% -11.61% 14.81% -17.68% 18.84% 9.52% -27.17% 42.98% -12.95% 11.2% 62.34% 24.19% 44.19% -33.85% 0.0% -10.96% 73.81%
Total Long-Term Liabilities $76.03M $62.81M $54.20M $51.60M $49.70M $39.50M $40.80M $42.00M $41.60M $43.10M $44.40M $43.60M $42.80M $36.90M $41.10M $41.30M $44.70M $42.40M $36.40M $33.70M $30.50M $18.50M $21.40M $18.80M $17.60M $17.30M $12.10M $13.90M $12.50M $12.70M $11.50M $9.700M $13.50M $13.70M $13.10M $10.60M
YoY Change 21.05% 15.88% 5.04% 3.82% 25.82% -3.19% -2.86% 0.96% -3.48% -2.93% 1.83% 1.87% 15.99% -10.22% -0.48% -7.61% 5.42% 16.48% 8.01% 10.49% 64.86% -13.55% 13.83% 6.82% 1.73% 42.98% -12.95% 11.2% -1.57% 10.43% 18.56% -28.15% -1.46% 4.58% 23.58%
Total Liabilities $3.790B $3.616B $3.657B $3.354B $2.883B $2.719B $2.511B $2.372B $2.232B $2.017B $1.972B $1.847B $1.796B $1.756B $1.701B $1.539B $1.463B $1.402B $1.402B $1.260B $1.268B $1.170B $1.060B $1.001B $928.8M $861.9M $757.7M $578.3M $722.3M $688.0M $683.4M $682.7M $735.0M $792.7M $736.1M $395.9M
YoY Change 4.82% -1.12% 9.02% 16.36% 6.02% 8.28% 5.84% 6.28% 10.7% 2.28% 6.74% 2.82% 2.29% 3.25% 10.49% 5.24% 4.31% -0.01% 11.29% -0.65% 8.38% 10.43% 5.89% 7.73% 7.76% 13.75% 31.02% -19.94% 4.99% 0.67% 0.1% -7.12% -7.28% 7.69% 85.93%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

No data

Dividends

Dividends

No data

Stock Price

Market Cap: $544.85 Million

About ARROW FINANCIAL CORP

Arrow Financial Corp. is a bank holding company, which engages in the provision of banking and insurance services through its subsidiaries, Glens Falls National and Saratoga National. The company is headquartered in Glens Falls, New York and currently employs 537 full-time employees. The firm's banking subsidiaries include Glens Falls National Bank and Trust Company (GFNB) and Saratoga National Bank and Trust Company (SNB). The two banks provide a full range of services for individuals and small to mid-size businesses in northeastern New York State from Albany, the state's capitol, to the Canadian border. The company is engaged in a range of lending activities, including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties, and consumer installment and home equity financing. The company also provides retirement planning, trust and estate administration services for individuals, and pension, profit-sharing and employee benefit plan administration for corporations. GFNB's subsidiary, Upstate Agency LLC, offers insurance services, including property and casualty insurance, group health insurance and individual life insurance products.

Industry: National Commercial Banks Peers: Business First Bancshares, Inc. CAPITAL CITY BANK GROUP INC CNB FINANCIAL CORP/PA COASTAL FINANCIAL CORP FIRST COMMUNITY BANKSHARES INC /VA/ HBT Financial, Inc. MetroCity Bankshares, Inc. PNC FINANCIAL SERVICES GROUP, INC.