AROW Arrow Financial
Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. The Company is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc., and Upstate Agency, LLC, specializing in property and casualty insurance and group health and employee benefits.
Company profile
Ticker
AROW
Exchange
Website
CEO
Thomas Murphy
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ARROW BANK CORP
SEC CIK
Corporate docs
IRS number
222448962
AROW stock data
()
Investment data
Securities sold
Number of investors
| Top 50 of 283 long holdings End of quarter 30 Jun 21 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
|---|---|---|---|---|
| $210.83M | 714.64K | 733.93K | -2.6 | |
| $50.81M | 1.41M | 1.37M | +3.1 | |
| $33.03M | 399.33K | 439.13K | -9.1 | |
| $32.97M | 218.2K | 363.59K | -40.0 | |
| $22.72M | 165.85K | 170.62K | -2.8 | |
| $22.36M | 82.54K | 85.48K | -3.4 | |
| $19.96M | 8.15K | 8.33K | -2.2 | |
| $17.68M | 5.14K | 5.23K | -1.7 | |
| $15.97M | 141.35K | NEW | ||
| $13.86M | 59.29K | 59.9K | -1.0 | |
| $11.22M | 129.53K | 154.32K | -16.1 | |
| $11.01M | 184.42K | 184.72K | -0.2 | |
| $9.79M | 22.87K | 25.14K | -9.0 | |
| $9.74M | 62.63K | 64.16K | -2.4 | |
| $9.44M | 16.11K | 16.23K | -0.7 | |
| $9.19M | 31.52K | 33.33K | -5.4 | |
| $8.94M | 28.05K | 27.38K | +2.4 | |
| $8.35M | 50.68K | 51.48K | -1.5 | |
| $8.3M | 15.72K | 16.95K | -7.3 | |
| $7.23M | 8.26K | 8.39K | -1.4 | |
| $6.56M | 55.24K | 54.83K | +0.8 | |
| $6.47M | 26.48K | 27.28K | -2.9 | |
| $6.35M | 15.85K | 16.79K | -5.6 | |
| $6.32M | 22.75K | 23.1K | -1.5 | |
| $6.3M | 46.71K | 47.92K | -2.5 | |
| $6.24M | 12.36K | 12.46K | -0.8 | |
| $6.16M | 149.49K | 162.6K | -8.1 | |
| $6.16M | 23.72K | 24.04K | -1.3 | |
| $5.81M | 33.03K | 33.58K | -1.6 | |
| $5.45M | 24.86K | 25.03K | -0.7 | |
| $5.23M | 35.27K | 36.85K | -4.3 | |
| $5.13M | 14.75K | 14.66K | +0.6 | |
| $5.08M | 65.21K | 67K | -2.7 | |
| $5.02M | 128.2K | 129.85K | -1.3 | |
| $4.99M | 20.46K | 20.74K | -1.4 | |
| $4.47M | 48.69K | 49.96K | -2.5 | |
| $4.41M | 83.14K | 85.47K | -2.7 | |
| $4.37M | 169.52K | 154.79K | +9.5 | |
| $4.23M | 75.42K | 75.96K | -0.7 | |
| $4.22M | 66.95K | 45.55K | +47.0 | |
| $4.13M | 10.44K | 10.5K | -0.6 | |
| $4.12M | 18.75K | 19.07K | -1.7 | |
| $3.91M | 50.25K | 59.07K | -14.9 | |
| $3.9M | 66.2K | 66.87K | -1.0 | |
| $3.88M | 145.31K | 150.71K | -3.6 | |
| $3.68M | 26.12K | 29.71K | -12.1 | |
| $3.46M | 51.34K | 52.81K | -2.8 | |
| $3.34M | 9.43K | 4.32K | +118.4 | |
| $3.31M | 28.53K | 28.11K | +1.5 | |
| $3.24M | 22.68K | 22.66K | +0.1 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
6 May 21
28 Jul 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 452.21M | 452.21M | 452.21M | 452.21M | 452.21M | 452.21M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 8.52M | 8.46M | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | n/a | n/a | 33.29M | 33.09M | n/a | n/a |
| Cash remaining | n/a | n/a | 418.92M | 419.12M | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 49.2 | 49.5 | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Jul 21 | Clarke Michael B | Common Stock | Other | Aquire J | No | No | 36.09 | 191 | 6.89K | 1,671 |
| 14 Jul 21 | Casaccio Tenee R | Common Stock | Other | Aquire J | No | No | 36.09 | 206 | 7.43K | 14,426 |
| 14 Jul 21 | Miller Elizabeth | Common Stock | Other | Aquire J | No | No | 36.09 | 191 | 6.89K | 22,626 |
| 14 Jul 21 | Gregory J Champion | Common Stock | Other | Aquire J | No | No | 36.09 | 253 | 9.13K | 2,386 |
| 14 Jul 21 | Owens William L | Common Stock | Other | Aquire J | No | No | 36.09 | 187 | 6.75K | 10,323 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
42.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 92 |
| Opened positions | 13 |
| Closed positions | 8 |
| Increased positions | 21 |
| Reduced positions | 31 |
13F shares |
Current |
|---|---|
| Total value | 434.19M |
| Total shares | 6.6M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| AROW Arrow Financial | 1.37M | $45.67M |
| BLK Blackrock | 1.2M | $39.9M |
| Vanguard | 771.87K | $25.71M |
| Dimensional Fund Advisors | 680.47K | $22.67M |
| Renaissance Technologies | 344.86K | $11.49M |
| STT State Street | 316.93K | $10.56M |
| Geode Capital Management | 216.32K | $7.21M |
| NTRS Northern Trust | 174.97K | $5.83M |
| BK Bank Of New York Mellon | 113.74K | $3.79M |
| Charles Schwab Investment Management | 102.8K | $3.43M |
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Bad
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New words:
abundance, accredited, aforementioned, AFS, appeal, Bancorporation, beneficiary, categorized, codified, complained, complaint, concentration, concession, confirmed, contact, court, CUSIP, Daphne, DCF, de, defended, difficulty, disaggregation, disgorgement, District, enjoinment, enterprise, environmental, evidenced, exclusively, expedient, explanation, explicit, explicitly, failure, feasible, Fed, foregoing, foreseeable, free, frequent, geography, GFNB, harm, HPI, HTM, implicit, implicitly, influenced, insufficient, judgment, lawsuit, LGD, lifetime, likelihood, macroeconomic, manner, merged, Northern, NPV, online, OREO, PD, peaked, portal, predecessor, produce, produced, purported, putative, reliable, reputable, resolved, restored, Richard, rollforward, round, runoff, shelter, speed, sponsored, statutory, stay, strategic, stream, structure, substantive, suitable, systematic, thereto, treble, turn, unchanged, unknown, vigorously, write, wrongdoing
Removed:
AA, AAA, allocated, announcing, assured, authority, blend, borrowed, broader, burden, cease, classify, CLBR, cloud, collateralize, collectibility, Comptroller, computation, computing, Continuity, convertible, correlate, decision, deduct, defer, delay, deliver, deny, deposited, description, discontinued, dual, ease, eliminated, essential, examined, excluding, Facilitation, female, force, forecasting, functional, global, implementation, initial, insured, intention, IRC, irrevocably, larger, leadership, leading, lender, male, Moody, October, operate, outbreak, passage, Poor, prescribed, principle, promised, pronouncement, proportional, prospective, prospectively, published, region, release, released, removal, renew, repaid, replaced, reversed, revert, run, segmentation, settled, sex, steadily, submitted, supply, targeted, task, taxing, team, Technology, trailing, transfer, transitioning, treatment, unallocated
Financial reports
10-Q
2021 Q1
Quarterly report
6 May 21
10-K
2020 FY
Annual report
10 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
28 Feb 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
8 Mar 19
Current reports
8-K
Arrow Reports $13.3 million in Q2 Net Income as COVID-19 Recovery Continues
27 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
6 May 21
8-K
Arrow Declares June Cash Dividend
29 Apr 21
8-K
Arrow Reports $13.3 million in Net Income and Diluted EPS of $0.85 in Q1
27 Apr 21
8-K
Arrow Declares March Cash Dividend and Approves Stock Repurchase Program
1 Feb 21
8-K
Arrow Reports Annual Net Income of $40.8 million and Continued COVID-19 Response
28 Jan 21
8-K
Arrow Declares December Cash Dividend
29 Oct 20
8-K
Arrow Reports $11.0 million in Q3 Net Income as COVID-19 Response Continues
21 Oct 20
8-K
Arrow Financial Corporation Declares Stock Dividend
27 Aug 20
8-K
Arrow Declares September Cash Dividend
31 Jul 20
Registration and prospectus
S-3
Shelf registration
10 Aug 20
S-8
Registration of securities for employees
8 May 20
S-8 POS
Registration of securities for employees (post-effective amendment)
20 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
15 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
15 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
7 May 19
S-3
Shelf registration
18 Mar 19
S-3
Shelf registration
8 Aug 17
S-3/A
Shelf registration (amended)
29 Mar 16
S-3
Shelf registration
10 Mar 16
Proxies
DEFA14A
Additional proxy soliciting materials
26 Mar 21
DEF 14A
Definitive proxy
26 Mar 21
DEFA14A
Additional proxy soliciting materials
23 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
PRE 14A
Preliminary proxy
6 Mar 19
DEF 14A
Definitive proxy
15 Mar 18
DEFA14A
Additional proxy soliciting materials
15 Mar 18
Other
EFFECT
Notice of effectiveness
19 Aug 20
CORRESP
Correspondence with SEC
12 Aug 20
UPLOAD
Letter from SEC
11 Aug 20
EFFECT
Notice of effectiveness
4 Apr 19
CORRESP
Correspondence with SEC
31 Mar 19
EFFECT
Notice of effectiveness
23 Aug 17
CORRESP
Correspondence with SEC
21 Aug 17
UPLOAD
Letter from SEC
14 Aug 17
EFFECT
Notice of effectiveness
31 Mar 16
CORRESP
Correspondence with SEC
29 Mar 16
Ownership
13F-HR
Quarterly holdings report by institutional manager
21 Jul 21
4
ARROW FINANCIAL / DAVID G KRUCZLNICKI ownership change
15 Jul 21
4
ARROW FINANCIAL / THOMAS L HOY ownership change
15 Jul 21
4
ARROW FINANCIAL / Mark Behan ownership change
15 Jul 21
4
ARROW FINANCIAL / GARY C DAKE ownership change
15 Jul 21
4
ARROW FINANCIAL / Raymond F O'Conor ownership change
15 Jul 21
4
ARROW FINANCIAL / GREGORY J CHAMPION ownership change
15 Jul 21
4
ARROW FINANCIAL / WILLIAM L OWENS ownership change
15 Jul 21
4
ARROW FINANCIAL / Colin L Read ownership change
15 Jul 21
4
ARROW FINANCIAL / Tenee R Casaccio ownership change
15 Jul 21
Reddit threads
Daily Discussion Thread - July 27th, 2021
27 Jul 21
Daily Discussion Thread - July 26th, 2021
26 Jul 21
Daily Discussion Thread - July 20th, 2021
20 Jul 21
Daily Discussion Thread - July 19th, 2021
19 Jul 21
Daily Discussion Thread - June 1st, 2021
1 Jun 21
Daily Discussion Thread - May 31st, 2021
31 May 21
Bank stocks for div and growth
3 May 21
Daily Discussion Thread - April 28th, 2021
28 Apr 21
Daily Discussion Thread - April 23rd, 2021
23 Apr 21
Daily Discussion Thread - April 22nd, 2021
22 Apr 21