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

AROW Nasdaq National Commercial Banks NY CIK: 0000717538
Update Pending • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
73% Confidence
AGREEMENT
C
68% Conf
B
78% Conf

📊 AROW Key Takeaways

Revenue: $8.6M
Net Margin: 156.3%
Free Cash Flow: $13.9M
Current Ratio: N/A
Debt/Equity: 0.01x
EPS: $0.82
AI Grade: C with 68% confidence
Arrow Financial Corp. (AROW) receives a C fundamental grade with 73% confidence from our AI analysis based on SEC 10-K filings. With revenue of $8.6M, net profit margin of 156.3%, and return on equity (ROE) of 3.1%, 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 exhibits strong top-line growth (+15.5% revenue, +47.5% net income YoY) and fortress-like balance sheet strength, but is severely hampered by an interest coverage ratio of 0.9x, indicating insufficient operating income to cover debt obligations. Critically poor returns on equity (3.1%) and assets (0.3%) reveal deeply inefficient capital deployment despite revenue expansion, signaling structural profitability challenges that growth alone cannot overcome.

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.

Arrow Financial Corp. Key Strengths (AROW)

Claude
  • + Exceptional net income and EPS growth trajectory (+47.5% and +49.7% YoY respectively)
  • + Fortress balance sheet with minimal leverage (Debt/Equity 0.01x) and $285.6M cash reserves
  • + Strong free cash flow generation ($13.9M FCF with 161.6% FCF margin) provides liquidity buffer
  • + Revenue growth of 15.5% YoY demonstrates market demand expansion
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
  • ! Interest coverage of 0.9x critically signals inability to cover debt obligations from operating income, creating refinancing risk
  • ! Extremely poor returns on equity (3.1%) and assets (0.3%) indicate severe capital inefficiency and suboptimal strategic deployment
  • ! Profitability gains are not translating to shareholder value creation, suggesting operational/structural headwinds beneath surface growth
  • ! Q1 2026 data point may mask cyclical weakness or one-time charges typical of banking sector
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
  • * Interest coverage ratio trending toward 1.5x+ (critical for debt sustainability)
  • * ROE and ROA inflection toward industry averages (8-10% ROE, 0.8-1.0% ROA for regional banks)
  • * Net interest margin trends and deposit stability amid rate environment changes
  • * Loan loss provisions and credit quality deterioration indicators
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
$8.6M
Net Income
$13.5M
EPS (Diluted)
$0.82
Free Cash Flow
$13.9M
Total Assets
$4.5B
Cash Position
$285.6M

💡 AI Analyst Insight

The 161.6% 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 186.6%
Net Margin 156.3%
ROE 3.1%
ROA 0.3%
FCF Margin 161.6%

AROW vs Finance Sector: How Arrow Financial Corp. Compares

How Arrow Financial Corp. compares to Finance sector averages

Net Margin
AROW 156.3%
vs
Sector Avg 25.0%
AROW Sector
ROE
AROW 3.1%
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. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
3.1%
Sector avg: 12%
Net Profit Margin
156.3%
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
0.91x
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
161.6%
Free cash flow / Revenue

Arrow Financial Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$15.2M
Cash generated from operations
Stock Buybacks
$113.0K
Shares repurchased (TTM)
Capital Expenditures
$1.3M
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
Jun 4, 2026 8-K arow-20260603.htm View →
Jun 3, 2026 8-K arow-20260603.htm View →
Jun 1, 2026 8-K arow-20260601.htm View →
May 27, 2026 4 xslF345X06/wk-form4_1779912570.xml View →
May 21, 2026 4 xslF345X06/wk-form4_1779393312.xml View →

Frequently Asked Questions about AROW

What is the AI rating for AROW?

Arrow Financial Corp. (AROW) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AROW's key strengths?

Claude: Exceptional net income and EPS growth trajectory (+47.5% and +49.7% YoY respectively). Fortress balance sheet with minimal leverage (Debt/Equity 0.01x) and $285.6M cash reserves. 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: Interest coverage of 0.9x critically signals inability to cover debt obligations from operating income, creating refinancing risk. Extremely poor returns on equity (3.1%) and assets (0.3%) indicate severe capital inefficiency and suboptimal strategic deployment. 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 $8.6M.

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 $0.82.

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 grade reflects both perspectives for balanced insights.

What is AROW's fundamental grade?

Based on our AI fundamental analysis in June 2026, Arrow Financial Corp. has a C grade with 73% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is AROW stock overvalued or undervalued?

Valuation metrics for AROW: ROE of 3.1% (sector avg: 12%), net margin of 156.3% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is AROW's AI grade for 2026?

Our dual AI analysis gives Arrow Financial Corp. a combined C grade 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 $15.2M, with capital expenditures of $1.3M. FCF margin is 161.6%.

How does AROW compare to other Finance stocks?

Vs Finance sector averages: Net margin 156.3% (avg: 25%), ROE 3.1% (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: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI