Arrow Financial Statements From 2010 to 2024

AROW Stock  USD 21.90  0.19  0.88%   
Arrow Financial financial statements provide useful quarterly and yearly information to potential Arrow Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Arrow Financial financial statements helps investors assess Arrow Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Arrow Financial's valuation are summarized below:
Gross Profit
144.4 M
Profit Margin
0.2303
Market Capitalization
362.3 M
Revenue
130.6 M
Earnings Share
1.77
There are over one hundred nineteen available fundamental signals for Arrow Financial, which can be analyzed over time and compared to other ratios. All traders should should validate Arrow Financial's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to climb to about 549.2 M in 2024. Enterprise Value is likely to climb to about 273.6 M in 2024

Arrow Financial Total Revenue

180.21 Million

Check Arrow Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arrow main balance sheet or income statement drivers, such as Interest Expense of 14.2 M, Operating Income of 70 M or EBIT of 46.2 M, as well as many exotic indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.024 or PTB Ratio of 2.26. Arrow financial statements analysis is a perfect complement when working with Arrow Financial Valuation or Volatility modules.
  
This module can also supplement Arrow Financial's financial leverage analysis and stock options assessment as well as various Arrow Financial Technical models . Check out the analysis of Arrow Financial Correlation against competitors.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Financial guide.

Arrow Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding18 M17.1 M15.9 M
Slightly volatile
Total Assets4.8 B4.6 B2.9 B
Slightly volatile
Short and Long Term Debt Total112.5 M91.9 M120.2 M
Pretty Stable
Total Current Liabilities23.1 M24.3 M182.5 M
Slightly volatile
Total Stockholder Equity426.9 M406.6 M262 M
Slightly volatile
Property Plant And Equipment Net68.2 M65 M37.3 M
Slightly volatile
Retained Earnings79 M75.2 M38.1 M
Slightly volatile
Cash75.7 M74.4 M108.6 M
Slightly volatile
Non Current Assets Total572 M962.5 M711 M
Slightly volatile
Other Assets2.1 B2.9 B2.6 B
Very volatile
Cash And Short Term Investments770.6 M733.9 M500.6 M
Slightly volatile
Liabilities And Stockholders Equity4.8 B4.6 B2.9 B
Slightly volatile
Non Current Liabilities Total29.5 M31.1 M50.7 M
Very volatile
Other Stockholder Equity382 M363.8 M221.1 M
Slightly volatile
Total Liabilities4.4 B4.2 B2.2 B
Slightly volatile
Property Plant And Equipment Gross114.2 M108.8 M49.2 M
Slightly volatile
Total Current Assets883.6 M733.9 M1.2 B
Pretty Stable
Short Term Debt37.7 M31.1 M64 M
Very volatile
Common Stock Total Equity16.9 M23.9 M18.1 M
Slightly volatile
Common Stock17.5 M24.6 M18.2 M
Slightly volatile
Other Liabilities23.9 M28 M24.1 M
Slightly volatile
Accounts Payable4.2 BB2.3 B
Slightly volatile
Long Term Debt25.2 M26.5 M28.6 M
Very volatile
Intangible Assets2.3 M1.4 M3.2 M
Slightly volatile
Property Plant Equipment75 M71.4 M37.8 M
Slightly volatile
Short Term Investments378.5 M659.5 M402.9 M
Slightly volatile
Inventory720.7 K682 K843.2 K
Very volatile
Good Will20.2 M25.2 M21.2 M
Slightly volatile
Net Receivables3.1 BB2.1 B
Slightly volatile
Net Tangible Assets253.5 M380.6 M236 M
Slightly volatile
Retained Earnings Total Equity35.5 M62.2 M35.4 M
Slightly volatile
Long Term Debt Total16 M18 M19.6 M
Slightly volatile
Capital Surpluse308.9 M434.7 M294.5 M
Slightly volatile
Long Term Investments1.3 B636.1 M1.5 B
Pretty Stable
Non Current Liabilities Other62.4 M47.5 M60.4 M
Pretty Stable
Earning Assets548.2 M574.2 M680.1 M
Slightly volatile
Net Invested Capital362.3 M426.3 M436 M
Pretty Stable
Capital Stock22.6 M22.1 M19.9 M
Slightly volatile
Capital Lease Obligations4.1 M5.1 M5.1 M
Slightly volatile

Arrow Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Operating Income70 M66.7 M29.5 M
Slightly volatile
EBIT46.2 M66.7 M47.6 M
Slightly volatile
EBITDA49.1 M85.4 M53.9 M
Slightly volatile
Net Income58.9 M56.1 M33.4 M
Slightly volatile
Depreciation And Amortization4.5 M8.7 M6.5 M
Very volatile
Selling General Administrative29 M55.4 M36.7 M
Slightly volatile
Total Revenue180.2 M171.6 M112.4 M
Slightly volatile
Gross Profit180.2 M171.6 M112.4 M
Slightly volatile
Cost Of Revenue17.7 M13.6 M14.5 M
Pretty Stable
Net Income Applicable To Common Shares28.1 M56.1 M32.1 M
Slightly volatile
Net Income From Continuing Ops35.3 M34.4 M31.6 M
Slightly volatile
Selling And Marketing Expenses1.1 M1.4 MM
Slightly volatile
Tax Provision12.2 M9.2 M11 M
Slightly volatile
Net Interest Income100.8 M109.8 M83.7 M
Slightly volatile
Interest Income116.1 M154.1 M94.6 M
Slightly volatile
Reconciled DepreciationM6.7 MM
Slightly volatile
Extraordinary Items880 K990 K1.1 M
Slightly volatile

Arrow Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow30.1 M52.3 M35.5 M
Slightly volatile
Begin Period Cash Flow552.7 M526.4 M167.6 M
Slightly volatile
Depreciation4.8 M8.7 M6.5 M
Pretty Stable
Dividends Paid10.6 M20.1 M13.2 M
Slightly volatile
Capital Expenditures17.2 M16.4 M6.5 M
Slightly volatile
Total Cash From Operating Activities72.1 M68.7 M43.7 M
Slightly volatile
Change To Inventory768 K808.5 K1.5 M
Slightly volatile
Issuance Of Capital Stock1.3 M956 K1.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.12.48343.8766
Pretty Stable
Dividend Yield0.0240.03780.0316
Slightly volatile
PTB Ratio2.261.25341.7715
Pretty Stable
Days Sales Outstanding30.827.2425.159
Very volatile
Book Value Per Share23.4122.29115.6594
Slightly volatile
Free Cash Flow Yield0.02450.02580.1091
Slightly volatile
Invested Capital0.120.12480.483
Slightly volatile
Operating Cash Flow Per Share1.381.17732.26
Pretty Stable
PB Ratio2.261.25341.7715
Pretty Stable
Free Cash Flow Per Share1.240.7211.9618
Pretty Stable
ROIC0.340.31990.0839
Slightly volatile
Net Income Per Share0.891.76531.7577
Slightly volatile
Sales General And Administrative To Revenue0.370.25940.35
Slightly volatile
Cash Per Share39.4637.583229.5569
Slightly volatile
POCF Ratio24.9223.73312.6071
Slightly volatile
Interest Coverage23.4522.33225.0789
Slightly volatile
PFCF Ratio40.6938.750715.9207
Slightly volatile
PE Ratio10.8315.827614.7031
Slightly volatile
Earnings Yield0.03710.06320.0665
Very volatile
Intangibles To Total Assets0.01010.00550.009
Slightly volatile
Current Ratio0.180.187713.379
Slightly volatile
Tangible Book Value Per Share16.8320.94240.9338
Slightly volatile
Receivables Turnover10.5713.8714.6014
Very volatile
Graham Number31.2429.755225.5673
Slightly volatile
Shareholders Equity Per Share23.4122.29115.6594
Slightly volatile
Debt To Equity0.120.12480.483
Slightly volatile
Revenue Per Share11.8111.25096.9686
Slightly volatile
Interest Debt Per Share6.093.22957.937
Very volatile
Debt To Assets0.01080.01140.0421
Slightly volatile
Short Term Coverage Ratios23.7222.58679.1324
Slightly volatile
Price Earnings Ratio10.8315.827614.7031
Slightly volatile
Price Book Value Ratio2.261.25341.7715
Pretty Stable
Price To Operating Cash Flows Ratio24.9223.73312.6071
Slightly volatile
Price To Free Cash Flows Ratio40.6938.750715.9207
Slightly volatile
Operating Profit Margin0.930.88930.2828
Slightly volatile
Effective Tax Rate0.30.19840.2508
Pretty Stable
Company Equity Multiplier13.7110.979912.0517
Slightly volatile
Long Term Debt To Capitalization0.10.10910.1807
Slightly volatile
Total Debt To Capitalization0.110.11090.3027
Slightly volatile
Return On Capital Employed0.05680.050.014
Slightly volatile
Debt Equity Ratio0.120.12480.483
Slightly volatile
Ebit Per Revenue0.930.88930.2828
Slightly volatile
Quick Ratio0.80.84335.3114
Pretty Stable
Net Income Per E B T0.810.80160.7565
Slightly volatile
Cash Ratio0.180.18771.1829
Slightly volatile
Operating Cash Flow Sales Ratio0.09940.10460.3524
Slightly volatile
Days Of Sales Outstanding30.827.2425.159
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.990.61250.8724
Pretty Stable
Cash Flow Coverage Ratios0.40.42330.4727
Pretty Stable
Price To Book Ratio2.261.25341.7715
Pretty Stable
Fixed Asset Turnover3.952.96773.1988
Pretty Stable
Price Cash Flow Ratio24.9223.73312.6071
Slightly volatile
Debt Ratio0.01080.01140.0421
Slightly volatile
Cash Flow To Debt Ratio0.40.42330.4727
Pretty Stable
Price Sales Ratio3.12.48343.8766
Pretty Stable
Asset Turnover0.05010.0460.0406
Pretty Stable
Price Fair Value2.261.25341.7715
Pretty Stable

Arrow Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap549.2 M523.1 M446 M
Slightly volatile

Arrow Fundamental Market Drivers

Cash And Short Term Investments638.2 M

Arrow Upcoming Events

29th of January 2024
Upcoming Quarterly Report
View
22nd of July 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Arrow Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Arrow Financial income statement, its balance sheet, and the statement of cash flows. Arrow Financial investors use historical funamental indicators, such as Arrow Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Arrow Financial investors may use each financial statement separately, they are all related. The changes in Arrow Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arrow Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arrow Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arrow Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue171.6 M180.2 M
Cost Of Revenue13.6 M17.7 M
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.26  0.37 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.04)(0.04)
Revenue Per Share 11.25  11.81 
Ebit Per Revenue 0.89  0.93 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arrow Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arrow Financial's short interest history, or implied volatility extrapolated from Arrow Financial options trading.

Pair Trading with Arrow Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arrow Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arrow Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arrow Stock

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Moving against Arrow Stock

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The ability to find closely correlated positions to Arrow Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrow Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arrow Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arrow Financial to buy it.
The correlation of Arrow Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arrow Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrow Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arrow Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arrow Financial is a strong investment it is important to analyze Arrow Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arrow Financial's future performance. For an informed investment choice regarding Arrow Stock, refer to the following important reports:
Check out the analysis of Arrow Financial Correlation against competitors.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Financial guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Arrow Financial's price analysis, check to measure Arrow Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrow Financial is operating at the current time. Most of Arrow Financial's value examination focuses on studying past and present price action to predict the probability of Arrow Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Financial's price. Additionally, you may evaluate how the addition of Arrow Financial to your portfolios can decrease your overall portfolio volatility.
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Is Arrow Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arrow Financial. If investors know Arrow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arrow Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
1.056
Earnings Share
1.77
Revenue Per Share
7.664
Quarterly Revenue Growth
(0.10)
The market value of Arrow Financial is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow Financial's value that differs from its market value or its book value, called intrinsic value, which is Arrow Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arrow Financial's market value can be influenced by many factors that don't directly affect Arrow Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arrow Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.