Arrow Financial Corporation (AROW)

USD 29.05

(-5.71%)

Market Cap (In USD)

486.26 Million

Revenue (In USD)

130.56 Million

Net Income (In USD)

30.07 Million

Avg. Volume

47.07 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
21.5-34.63
PE
-
EPS
-
Beta Value
0.719
ISIN
US0427441029
CUSIP
042744102
CIK
717538
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. David S. DeMarco
Employee Count
-
Website
https://www.arrowfinancial.com
Ipo Date
1980-09-18
Details
Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

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