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Arrow Financial Corp. (AROW) Stock Fundamental Analysis & AI Rating 2026

AROW Nasdaq National Commercial Banks NY CIK: 0000717538
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
62% Confidence
STRONG AGREEMENT
HOLD
45% Conf
HOLD
78% Conf

📊 AROW Key Takeaways

Revenue: $32.4M
Net Margin: 135.5%
Free Cash Flow: $36.2M
Current Ratio: N/A
Debt/Equity: 0.01x
EPS: $2.65
AI Rating: HOLD with 45% confidence
Arrow Financial Corp. (AROW) receives a HOLD rating with 62% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $32.4M, net profit margin of 135.5%, and return on equity (ROE) of 10.2%, Arrow Financial Corp. demonstrates mixed fundamentals in the Finance sector. Below is our complete AROW stock analysis for 2026.

Is Arrow Financial Corp. (AROW) a Good Investment?

Claude

Arrow Financial demonstrates strong operational profitability with a 49.7% operating margin and robust free cash flow generation of $36.2M, but the unusually high 135.5% net margin and modest ROA of 1.0% suggest potential accounting anomalies or one-time gains that warrant clarification. The extremely low 0.2x interest coverage ratio and minimal long-term debt utilization indicate either conservative financial positioning or potential constraints on leverage capacity.

ChatGPT

Arrow Financial shows solid core fundamentals for a community bank, with healthy profitability, a strong capital base, very low long-term debt, and positive free cash flow generation. However, earnings quality looks mixed because revenue grew strongly while net income was essentially flat, and several reported ratios appear distorted for a bank balance sheet, which lowers conviction. The fundamentals support stability more than a clear acceleration story.

Why Buy Arrow Financial Corp. Stock? AROW Key Strengths

Claude
  • + Strong operating margin of 49.7% demonstrates operational efficiency
  • + Excellent free cash flow generation of $36.2M with 111.6% FCF margin supporting sustainability
  • + Conservative balance sheet with minimal leverage (0.01x debt-to-equity) and $214.2M in liquid cash
  • + Revenue growth of 15.5% YoY indicates market demand strength
ChatGPT
  • + ROA of 1.0% and ROE of 10.2% indicate respectable bank-level profitability
  • + Balance sheet leverage appears conservative with only $4.26M of long-term debt against $431.85M of equity
  • + Operating cash flow of $41.28M and free cash flow of $36.19M suggest good internal capital generation

AROW Stock Risks: Arrow Financial Corp. Investment Risks

Claude
  • ! Abnormally high net margin of 135.5% suggests non-operational income or one-time gains distorting true profitability
  • ! Critically low interest coverage of 0.2x raises concerns about debt servicing capability despite minimal debt
  • ! ROA of only 1.0% indicates poor asset utilization efficiency relative to $4.4B asset base
  • ! EPS growth of 49.7% YoY diverges significantly from net income growth of 0.3%, suggesting share buybacks or restructuring rather than organic earnings growth
ChatGPT
  • ! Net income growth of only 0.3% despite 15.5% revenue growth suggests margin pressure or weaker earnings conversion
  • ! Reported net margin of 135.5% and interest coverage of 0.2x indicate data distortion or non-recurring accounting effects, reducing clarity on true earnings quality
  • ! As a commercial bank, future results remain sensitive to credit quality deterioration, deposit costs, and net interest margin compression

Key Metrics to Watch

Claude
  • * Quality of earnings analysis - isolate operating vs. non-operating income components
  • * Asset efficiency trends and loan portfolio composition given banking sector classification
  • * Sustainability of 15.5% revenue growth rate and margin stability in subsequent quarters
  • * Form 4 insider trading patterns (24 filings in 90 days) for director/officer sentiment signals
ChatGPT
  • * Net interest margin and provision for credit losses
  • * Deposit mix, nonperforming assets, and tangible common equity ratio

Arrow Financial Corp. (AROW) Financial Metrics & Key Ratios

Revenue
$32.4M
Net Income
$44.0M
EPS (Diluted)
$2.65
Free Cash Flow
$36.2M
Total Assets
$4.4B
Cash Position
$214.2M

💡 AI Analyst Insight

The 111.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

AROW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 49.7%
Net Margin 135.5%
ROE 10.2%
ROA 1.0%
FCF Margin 111.6%

AROW vs Finance Sector: How Arrow Financial Corp. Compares

How Arrow Financial Corp. compares to Finance sector averages

Net Margin
AROW 135.5%
vs
Sector Avg 25.0%
AROW Sector
ROE
AROW 10.2%
vs
Sector Avg 12.0%
AROW Sector
Current Ratio
AROW 0.0x
vs
Sector Avg 1.2x
AROW Sector
Debt/Equity
AROW 0.0x
vs
Sector Avg 2.0x
AROW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Arrow Financial Corp. Stock Overvalued? AROW Valuation Analysis 2026

Based on fundamental analysis, Arrow Financial Corp. appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
10.2%
Sector avg: 12%
Net Profit Margin
135.5%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Arrow Financial Corp. Balance Sheet: AROW Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.01x
Debt/Assets
90.3%
Interest Coverage
0.21x
Long-term Debt
$4.3M

AROW Revenue & Earnings Growth: 5-Year Financial Trend

AROW 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Arrow Financial Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.77 reflects profitable operations.

AROW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
111.6%
Free cash flow / Revenue

Arrow Financial Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$41.3M
Cash generated from operations
Stock Buybacks
$10.2M
Shares repurchased (TTM)
Capital Expenditures
$5.1M
Investment in assets
Dividends Paid
$17.4M
Returned to shareholders

AROW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Arrow Financial Corp. (CIK: 0000717538)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 4 xslF345X06/wk-form4_1776283263.xml View →
Mar 27, 2026 10-K/A arow-20251231.htm View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774030296.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774030268.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774030236.xml View →

Frequently Asked Questions about AROW

What is the AI rating for AROW?

Arrow Financial Corp. (AROW) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 62% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AROW's key strengths?

Claude: Strong operating margin of 49.7% demonstrates operational efficiency. Excellent free cash flow generation of $36.2M with 111.6% FCF margin supporting sustainability. ChatGPT: ROA of 1.0% and ROE of 10.2% indicate respectable bank-level profitability. Balance sheet leverage appears conservative with only $4.26M of long-term debt against $431.85M of equity.

What are the risks of investing in AROW?

Claude: Abnormally high net margin of 135.5% suggests non-operational income or one-time gains distorting true profitability. Critically low interest coverage of 0.2x raises concerns about debt servicing capability despite minimal debt. ChatGPT: Net income growth of only 0.3% despite 15.5% revenue growth suggests margin pressure or weaker earnings conversion. Reported net margin of 135.5% and interest coverage of 0.2x indicate data distortion or non-recurring accounting effects, reducing clarity on true earnings quality.

What is AROW's revenue and growth?

Arrow Financial Corp. reported revenue of $32.4M.

Does AROW pay dividends?

Arrow Financial Corp. pays dividends, with $17.4M distributed to shareholders in the trailing twelve months.

Where can I find AROW SEC filings?

Official SEC filings for Arrow Financial Corp. (CIK: 0000717538) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AROW's EPS?

Arrow Financial Corp. has a diluted EPS of $2.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AROW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Arrow Financial Corp. has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AROW stock overvalued or undervalued?

Valuation metrics for AROW: ROE of 10.2% (sector avg: 12%), net margin of 135.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy AROW stock in 2026?

Our dual AI analysis gives Arrow Financial Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is AROW's free cash flow?

Arrow Financial Corp.'s operating cash flow is $41.3M, with capital expenditures of $5.1M. FCF margin is 111.6%.

How does AROW compare to other Finance stocks?

Vs Finance sector averages: Net margin 135.5% (avg: 25%), ROE 10.2% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI