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Arrow Financial ( (AROW) ) just unveiled an update.
On January 30, 2025, Arrow Financial Corporation reported its fourth-quarter and full-year 2024 financial results, highlighting a net income of $4.5 million for the quarter, down from the previous year. The company declared a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable on February 24, 2025. Notable achievements in 2024 included the unification of two bank subsidiaries, acquisition of a Whitehall branch, and the assets of a local insurance agency. Despite non-core charges affecting net income, Arrow achieved significant loan growth and an improved net interest margin, positioning itself for increased profitability in 2025.
More about Arrow Financial
Arrow Financial Corporation is a financial services company, trading under the Nasdaq symbol ‘AROW’. It offers a range of banking products and services and has recently unified its bank subsidiaries under the Arrow Bank brand. The company focuses on serving its customers and communities while enhancing shareholder value.
YTD Price Performance: -0.54%
Average Trading Volume: 44,237
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $465.5M
For a thorough assessment of AROW stock, go to TipRanks’ Stock Analysis page.
