Hovde Group initiated coverage of Arrow Financial with a rating of Market Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/27/2024 | $34.50 → $32.00 | Market Perform | Hovde Group |
| 12/20/2024 | $32.00 | Neutral | Piper Sandler |
| 9/9/2024 | $28.00 → $31.00 | Market Perform | Hovde Group |
| 1/9/2024 | Market Perform | Hovde Group |
GLENS FALLS, N.Y., Dec. 19, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) is pleased to announce the appointment of James M. Dawsey, Dr. Kristine D. Duffy, Philip Morris and Daniel J. White to the Arrow Financial Corporation Board of Directors, effective November 5, 2024. James M. Dawsey, President of MLB Construction Services, LLC, will bring financial and operational expertise to the Arrow board, drawing from more than 45 years of experience in construction management and operations oversight. He has extensive expertise in reviewing financial statements
GLENS FALLS, N.Y., July 31, 2023 /PRNewswire/ -- The Board of Directors (the "Board") of Arrow Financial Corporation (the "Company") (NasdaqGS® - AROW) on July 26, 2023, reset the number of directors from 11 to 10 and appointed our President and Chief Executive Officer David S. DeMarco to serve as a Class B member of the Board effective immediately. As an executive officer of the Company, Mr. DeMarco will not be joining any committee of the Board at the effective date of his appointment, nor will he receive any additional compensation for service as a director of the Company. Mr. DeMarco joined the Company in 1987 as a commercial lender and has served in positions of increasing responsibilit
GLENS FALLS, N.Y., July 24, 2023 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) announced financial results for the three-month period ended March 31, 2023. Net income for the first quarter of 2023 was $8.6 million and diluted earnings per share was $0.52. First-Quarter Highlights and Key Metrics Total assets were $4.1 billion.Total deposits were $3.5 billion.Total loans reached a record high of $3.0 billion as of March 31, 2023, an increase of $22.1 million from December 31, 2022.Loan-to-deposit ratio was 85%.Tangible book value per share was $20.55, an increase of $0.60, or 3.01% compared to December 31, 2022.On-balance sheet liquidity of $409 million, or 10%, of total asse
Hovde Group reiterated coverage of Arrow Financial with a rating of Market Perform and set a new price target of $32.00 from $34.50 previously
Piper Sandler resumed coverage of Arrow Financial with a rating of Neutral and set a new price target of $32.00
Hovde Group resumed coverage of Arrow Financial with a rating of Market Perform and set a new price target of $31.00 from $28.00 previously
8-K - ARROW FINANCIAL CORP (0000717538) (Filer)
10-Q - ARROW FINANCIAL CORP (0000717538) (Filer)
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GLENS FALLS, N.Y., Jan. 2, 2025 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) today announced that its subsidiary, Glens Falls National Bank and Trust Company has unified with its affiliate bank, Saratoga National Bank and Trust Company, and the resulting bank has legally changed its name to Arrow Bank National Association, or Arrow Bank. This strategic unification simplifies the bank's brand identity, strengthens its market presence and better positions the bank for future growth while maintaining the same local, personalized service that's been its hallmark
GLENS FALLS, N.Y., Dec. 19, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW) is pleased to announce the appointment of James M. Dawsey, Dr. Kristine D. Duffy, Philip Morris and Daniel J. White to the Arrow Financial Corporation Board of Directors, effective November 5, 2024. James M. Dawsey, President of MLB Construction Services, LLC, will bring financial and operational expertise to the Arrow board, drawing from more than 45 years of experience in construction management and operations oversight. He has extensive expertise in reviewing financial statements
GLENS FALLS, N.Y., Nov. 26, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) is proud to announce that its banking subsidiaries, Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, are now part of the Allpoint ATM Network, providing customers with convenient access to more than 50,000 ATMs across the United States and internationally. With this new partnership, customers no longer need to rely solely on bank branch ATMs to make simple withdrawals without incurring fees. Through the Allpoint Network, customers can now acc
GLENS FALLS, N.Y., Oct. 31, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended September 30, 2024. Net income for the third quarter of 2024 was $9.0 million and fully diluted earnings per share ("EPS") was $0.53, versus $7.7 million and EPS of $0.46 for the same period in 2023. This Earnings Release and related commentary should be read in conjunction with the Company's October 31, 2024 Form 8-K and related Third Quarter 2024 Investor Presentation, which can also be found o
GLENS FALLS, N.Y., Oct. 3, 2024 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on October 2, 2024, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the Company has declared in recent years. This cash dividend marks the 46th consecutive quarterly cash dividend declared by Arrow. Arrow President and CEO David S. DeMarco: "We are pleased to deliver enhanced value to
GLENS FALLS, N.Y., Aug. 6, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® - AROW), through its bank subsidiary Glens Falls National Bank and Trust Company, completed the acquisition of the Whitehall, New York branch office from Berkshire Bank, a subsidiary of Berkshire Hills Bancorp, Inc. (NYSE:BHLB). The previously announced acquisition of the branch at 184 Broadway in Whitehall, New York closed on August 2, 2024 and included deposit accounts with an aggregate approximate balance of $37.5 million and loans with an aggregate approximate balance of $3 million. Glen
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SC 13G/A - ARROW FINANCIAL CORP (0000717538) (Subject)
SC 13G - ARROW FINANCIAL CORP (0000717538) (Subject)
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4 - ARROW FINANCIAL CORP (0000717538) (Issuer)
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