Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services Deposit Account brought in 52% of the revenue Arrow Financial Corporation broke down this way in fiscal 2025.
Deposit Account $11.1M4 52% up 2% from 2024 Fiduciary and Trust $10.3M4 48% up 4% from 2024 Products and services by year
Products and services 2023 2024 2025 Deposit Account $10.8M $10.9M $11.1M Fiduciary and Trust $9.4M $10.0M $10.3M
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Net income5 6 7 8 4 $44.0M in 2025+17% since 2019 0 $20.0M $40.0M $60.0M 2019: $37.5M $37.5M 2019 2020: $40.8M $40.8M 2020 +9% 2021: $49.9M $49.9M 2021 +22% 2022: $48.8M $48.8M 2022 −2% 2023: $30.1M $30.1M 2023 −38% 2024: $29.7M $29.7M 2024 −1% 2025: $44.0M $44.0M 2025 +48% Net income9 10 $11.0M in Q2 FY2026−19% since Q1 FY2026 0 $5.0M $10.0M $15.0M Q1 FY2026: $13.5M $13.5M Q1 FY2026 Q2 FY2026: $11.0M $11.0M Q2 FY2026 −19% Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Interest $21.7M5 $12.7M6 $5.2M7 $11.3M8 $57.7M4 $83.3M4 $77.0M4 Income tax $9.6M5 $11.0M6 $14.5M7 $14.1M8 $7.4M4 $7.6M4 $11.4M4 Net income $37.5M5 $40.8M6 $49.9M7 $48.8M8 $30.1M4 $29.7M4 $44.0M4 Earnings per share $2.365 $2.496 $2.937 $2.868 $1.774 $1.774 $2.654 Earnings per share (diluted) $2.365 $2.496 $2.927 $2.868 $1.774 $1.774 $2.654
Total assets11 5 6 7 8 4 $4.4B in 2025+40% since 2019 0 $2.0B $4.0B $6.0B 2019: $3.2B $3.2B 2019 2020: $3.7B $3.7B 2020 +16% 2021: $4.0B $4.0B 2021 +9% 2022: $4.0B $4.0B 2022 −1% 2023: $4.2B $4.2B 2023 +5% 2024: $4.3B $4.3B 2024 +3% 2025: $4.4B $4.4B 2025 +3% Total liabilities11 5 6 7 8 4 $4.0B in 2025+39% since 2019 0 $2.0B $4.0B $6.0B 2019: $2.9B $2.9B 2019 2020: $3.4B $3.4B 2020 +16% 2021: $3.7B $3.7B 2021 +9% 2022: $3.6B $3.6B 2022 −1% 2023: $3.8B $3.8B 2023 +5% 2024: $3.9B $3.9B 2024 +3% 2025: $4.0B $4.0B 2025 +3% Shareholders’ equity6 7 8 4 $431.9M in 2025+43% since 2019 0 $200.0M $400.0M $600.0M 2019: $301.7M $301.7M 2019 2020: $334.4M $334.4M 2020 +11% 2021: $371.2M $371.2M 2021 +11% 2022: $353.5M $353.5M 2022 −5% 2023: $379.8M $379.8M 2023 +7% 2024: $400.9M $400.9M 2024 +6% 2025: $431.9M $431.9M 2025 +8% Cash6 7 8 4 $214.2M in 2025+205% since 2019 0 $200.0M $400.0M $600.0M 2019: $70.2M $70.2M 2019 2020: $381.0M $381.0M 2020 +443% 2021: $457.7M $457.7M 2021 +20% 2022: $64.7M $64.7M 2022 −86% 2023: $142.5M $142.5M 2023 +120% 2024: $154.5M $154.5M 2024 +8% 2025: $214.2M $214.2M 2025 +39% Long-term debt11 5 6 7 8 4 $4.3M in 2025−86% since 2019 0 $20.0M $40.0M $60.0M 2019: $30.0M $30.0M 2019 2020: $45.0M $45.0M 2020 +50% 2021: $45.0M $45.0M 2021 +0% 2022: $27.8M $27.8M 2022 −38% 2023: $6.5M $6.5M 2023 −77% 2024: $8.6M $8.6M 2024 +32% 2025: $4.3M $4.3M 2025 −50% Total assets9 10 $4.5B in Q2 FY2026+1% since Q1 FY2025 0 $2.0B $4.0B $6.0B Q1 FY2025: $4.4B $4.4B Q1 FY2025 Q2 FY2025: $4.4B $4.4B Q2 FY2025 +0% Q1 FY2026: $4.5B $4.5B Q1 FY2026 +2% Q2 FY2026: $4.5B $4.5B Q2 FY2026 −1% Total liabilities9 10 $4.0B in Q2 FY2026+1% since Q1 FY2025 0 $2.0B $4.0B $6.0B Q1 FY2025: $4.0B $4.0B Q1 FY2025 Q2 FY2025: $4.0B $4.0B Q2 FY2025 +0% Q1 FY2026: $4.1B $4.1B Q1 FY2026 +2% Q2 FY2026: $4.0B $4.0B Q2 FY2026 −1% Shareholders’ equity9 10 $446.3M in Q2 FY2026+3% since Q1 FY2025 0 $200.0M $400.0M $600.0M Q1 FY2025: $431.9M $431.9M Q1 FY2025 Q2 FY2025: $431.9M $431.9M Q2 FY2025 +0% Q1 FY2026: $440.1M $440.1M Q1 FY2026 +2% Q2 FY2026: $440.1M $440.1M Q2 FY2026 +0% Q2 FY2026: $446.3M $446.3M Q2 FY2026 +1% Cash9 10 $186.8M in Q2 FY2026−13% since Q1 FY2025 0 $100.0M $200.0M $300.0M Q1 FY2025: $214.2M $214.2M Q1 FY2025 Q2 FY2025: $214.2M $214.2M Q2 FY2025 +0% Q1 FY2026: $285.6M $285.6M Q1 FY2026 +33% Q2 FY2026: $186.8M $186.8M Q2 FY2026 −35% Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Cash $70.2M6 $381.0M7 $457.7M8 $64.7M4 $142.5M4 $154.5M4 $214.2M4 Total assets $3.2B11 $3.7B5 $4.0B6 $4.0B7 $4.2B8 $4.3B4 $4.4B4 Long-term debt $30.0M11 $45.0M5 $45.0M6 $27.8M7 $6.5M8 $8.6M4 $4.3M4 Total liabilities $2.9B11 $3.4B5 $3.7B6 $3.6B7 $3.8B8 $3.9B4 $4.0B4 Shareholders’ equity $301.7M6 $334.4M7 $371.2M8 $353.5M8 $379.8M4 $400.9M4 $431.9M4 Shares outstanding 14.5M shares12 15.0M shares13 15.5M shares11 16.0M shares5 16.6M shares6 16.7M shares4 16.4M shares4 16.5M shares14
Cash from operations5 6 7 8 4 $41.3M in 2025−6% since 2019 0 $20.0M $40.0M $60.0M $80.0M 2019: $43.9M $43.9M 2019 2020: $42.3M $42.3M 2020 −4% 2021: $68.2M $68.2M 2021 +61% 2022: $59.7M $59.7M 2022 −12% 2023: $20.6M $20.6M 2023 −66% 2024: $34.5M $34.5M 2024 +67% 2025: $41.3M $41.3M 2025 +20% Capital spending5 6 7 8 4 $5.1M in 2025−35% since 2019 0 $5.0M $10.0M $15.0M 2019: $7.8M $7.8M 2019 2020: $5.1M $5.1M 2020 −34% 2021: $7.1M $7.1M 2021 +39% 2022: $14.2M $14.2M 2022 +100% 2023: $7.1M $7.1M 2023 −50% 2024: $5.6M $5.6M 2024 −21% 2025: $5.1M $5.1M 2025 −9% Free cash flow5 6 7 8 4 $36.2M in 2025+0% since 2019 0 $20.0M $40.0M $60.0M $80.0M 2019: $36.2M $36.2M 2019 2020: $37.2M $37.2M 2020 +3% 2021: $61.1M $61.1M 2021 +64% 2022: $45.5M $45.5M 2022 −26% 2023: $13.5M $13.5M 2023 −70% 2024: $28.9M $28.9M 2024 +114% 2025: $36.2M $36.2M 2025 +25% Dividends paid5 6 $17.4M in 2022+15% since 2019 0 $5.0M $10.0M $15.0M $20.0M 2019: $15.2M $15.2M 2019 2020: $15.7M $15.7M 2020 +4% 2021: $16.3M $16.3M 2021 +4% 2022: $17.4M $17.4M 2022 +7% Share buybacks5 6 7 8 4 $10.2M in 2025+315% since 2019 0 $5.0M $10.0M $15.0M 2019: $2.5M $2.5M 2019 2020: $1.6M $1.6M 2020 −36% 2021: $2.7M $2.7M 2021 +69% 2022: $2.9M $2.9M 2022 +8% 2023: $3.6M $3.6M 2023 +26% 2024: $6.8M $6.8M 2024 +88% 2025: $10.2M $10.2M 2025 +51% Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2019 2020 2021 2022 2023 2024 2025 2026 Cash from operations $43.9M5 $42.3M6 $68.2M7 $59.7M8 $20.6M4 $34.5M4 $41.3M4 Capital spending $7.8M5 $5.1M6 $7.1M7 $14.2M8 $7.1M4 $5.6M4 $5.1M4 Free cash flow $36.2M $37.2M $61.1M $45.5M $13.5M $28.9M $36.2M Dividends paid $15.2M5 $15.7M6 $16.3M6 $17.4M6 Share buybacks $2.5M5 $1.6M6 $2.7M7 $2.9M8 $3.6M4 $6.8M4 $10.2M4 Dividend per share $0.965 $0.966 $0.967 $1.038 $1.068 $1.094 $1.144
Compare Arrow Financial Corporation with another company
Timeline
1981 Went public Listed on NASDAQ1
Recent filings
Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 25, 2026 4 Sep 14, 2026 8-K/A Sep 10, 2026 8-K Sep 9, 2026 4 Every filing from the last three years, summarized . The full record is on SEC EDGAR.2
