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

Thomas Murphy
Fiscal year end
Industry (SIC)
Former names
IRS number

AROW stock data


Investment data

Data from SEC filings
Securities sold
Number of investors
Top 50 of 283 long holdings
End of quarter 30 Jun 21
Prev Q
%, 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.


6 May 21
28 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
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
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

Beta Read what these cash burn values mean

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

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 Prev Q Change
Total holders 92 87 +5.7%
Opened positions 13 87 -85.1%
Closed positions 8 0 NEW
Increased positions 21 0 NEW
Reduced positions 31 0 NEW
13F shares
Current Prev Q Change
Total value 434.19M 305.47M +42.1%
Total shares 6.6M 6.56M +0.7%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
AROW Arrow Financial 1.37M $45.67M -0.6%
BLK Blackrock 1.2M $39.9M +6.4%
Vanguard 771.87K $25.71M -1.0%
Dimensional Fund Advisors 680.47K $22.67M -2.6%
Renaissance Technologies 344.86K $11.49M -6.5%
STT State Street 316.93K $10.56M -7.0%
Geode Capital Management 216.32K $7.21M -0.7%
NTRS Northern Trust 174.97K $5.83M -14.7%
BK Bank Of New York Mellon 113.74K $3.79M +0.2%
Charles Schwab Investment Management 102.8K $3.43M +5.3%
Largest transactions
Shares Bought/sold Change
BLK Blackrock 1.2M +72.3K +6.4%
BEN Franklin Resources 102.58K +39.61K +62.9%
NTRS Northern Trust 174.97K -30.17K -14.7%
Renaissance Technologies 344.86K -23.95K -6.5%
STT State Street 316.93K -23.83K -7.0%
Parametric Portfolio Associates 55.04K +21.44K +63.8%
LPLA LPL Financial 27.67K +20.35K +278.1%
Janney Montgomery Scott 0 -20.19K EXIT
WFC Wells Fargo & Co. 61.49K -19.87K -24.4%
Martingale Asset Management L P 19.69K +19.69K NEW
Content analysis
H.S. sophomore Bad
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