The parent company of Glens Falls National Bank and Trust Co. and Saratoga National Bank surpassed $3 billion in assets in 2019, a new milestone for the company.
Much of Arrow's growth has come from expanding Saratoga National's reach beyond Saratoga County to Schenectady, Rotterdam, Colonie and Troy. The bank has opened five new branches in five years. And it expects to open another branch this year.
-- Total loans grew by $55.3 million in the third quarter of 2019 to a record high. -- Third quarter net income was $10.1 million . -- Third quarter diluted earnings per share (EPS) of $0.67 . -- Third ...
The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on January 29, 2020, declared a quarterly cash dividend of $0.26 per share payable March 13, 2020, to shareholders of record March 3, 2020. This represents an increase of 3% over the cash dividend paid in the first quarter of 2019, as a result of the 3% stock dividend distributed September 27, 2019.
GLENS FALLS, N.Y. , Oct. 30, 2019 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS ® - AROW) on October 30, 2019 , declared a quarterly cash dividend of $0.26 per share payable ...
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
GLENS FALLS, N.Y., Oct. 30, 2019 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on October 30, 2019, approved a new stock repurchase program authorizing the repurchase, at the discretion of senior management, of up to $5 million of the Company's common stock for the 2020 calendar year, in open market or negotiated transactions. Through September 30, 2019, the Company had repurchased approximately $1.24 million of Company common stock under the 2019 program. Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York.
Tom Murphy became the CEO of Arrow Financial Corporation (NASDAQ:AROW) in 2013. This report will, first, examine the...
Let's see if Arrow Financial (AROW) stock is a good choice for value-oriented investors right now from multiple angles.
Investors may wish to note that the Chairman of the Board of Arrow Financial Corporation, Thomas Hoy, recently netted...
Is Arrow Financial Corporation (NASDAQ:AROW) a good dividend stock? How can we tell? Dividend paying companies with...
Arrow Financial Corporation (NasdaqGS® – AROW) announced operating results for the three-month period ended March 31, 2020. Net income for the first quarter of 2020 was $8.1 million, compared to $8.7 million in the first quarter of 2019. Steady loan growth continued in the first quarter of 2020, as total loans grew by $28.1 million from December 31, 2019 to $2.4 billion. Net interest income increased to $23.0 million in the first quarter of 2020, compared to $21.1 million for the comparable quarter of 2019.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Arrow Financial (AROW) have what it takes? Let's find out.
Arrow Financial Corporation (NasdaqGS® – AROW) announced operating results for the three- and twelve-month periods ended December 31, 2019. For the fourth quarter of 2019, net income was $9.7 million, an increase of $1.0 million, or 11.2%, from the fourth quarter of 2018. For the year ended December 31, 2019, net income was a record $37.5 million, up 3.3% over net income of $36.3 million for 2018. Diluted EPS was $0.65 for the fourth quarter, up 10.2% from $0.59 from the comparable 2018 quarter, and $2.50 for 2019, up 2.9% from $2.43 in 2018.
The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on April 29, 2020, declared a quarterly cash dividend of $0.26 per share payable June 15, 2020, to shareholders of record June 3, 2020. This represents an increase of 3% over the cash dividend paid in the second quarter of 2019, as a result of the 3% stock dividend distributed September 27, 2019.
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
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Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Arrow Financial (AROW) have what it takes? Let's find out.