<div id="readability-page-1"><p>Arrow Financial (NASDAQ:AROW - Get Free Report) posted its earnings results on Thursday. The financial services provider reported $0.85 EPS for the quarter, topping the consensus estimate of $0.81 by $0.04, FiscalAI reports. Arrow Financial had a net margin of 14.65% and a return on equity of 9.46%. The company had revenue of $43.65 million during the quarter, compared to the consensus estimate of $43.40 million.</p><div><p><span></span><span>Get <strong>Arrow Financial</strong> alerts:</span></p></div><h2>Arrow Financial Stock Up 2.5%</h2><p>NASDAQ:AROW traded up $0.81 during trading hours on Thursday, hitting $33.24. 11,653 shares of the stock traded hands, compared to its average volume of 70,444. Arrow Financial has a fifty-two week low of $22.72 and a fifty-two week high of $34.57. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.06. The firm has a market cap of $546.38 million, a price-to-earnings ratio of 16.06 and a beta of 0.82. The firm has a 50 day moving average price of $31.75 and a 200 day moving average price of $29.46. </p><h2>Insider Activity at Arrow Financial</h2><p>In other Arrow Financial news, CEO David S. Demarco acquired 3,035 shares of the company's stock in a transaction dated Wednesday, December 24th. The stock was bought at an average price of $31.78 per share, for a total transaction of $96,452.30. Following the purchase, the chief executive officer owned 3,035 shares in the company, valued at $96,452.30. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Daniel James White bought 1,644 shares of the company's stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average price of $30.14 per share, with a total value of $49,550.16. Following the transaction, the director directly owned 6,890 shares in the company, valued at $207,664.60. This represents a 31.34% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 6,299 shares of company stock valued at $194,311. Insiders own  3.28% of the company's stock. </p><h2>Institutional Investors Weigh In On Arrow Financial</h2><p>Institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC bought a new position in  Arrow Financial during the 3rd quarter worth approximately $834,000.  Marshall Wace LLP bought a new position in shares of  Arrow Financial during the 2nd quarter worth approximately $616,000.  Vanguard Group Inc. lifted its position in  Arrow Financial by 2.0% during the third quarter. Vanguard Group Inc. now owns 889,234 shares of the financial services provider's stock worth $25,165,000 after acquiring an additional 17,050 shares during the last quarter.  Jane Street Group LLC increased its position in  Arrow Financial by 131.3% during the first quarter. Jane Street Group LLC now owns 27,272 shares of the financial services provider's stock worth $717,000 after acquiring an additional 15,482 shares during the period.  Finally, Two Sigma Investments LP raised its stake in  Arrow Financial by 29.3% in the third quarter. Two Sigma Investments LP now owns 61,486 shares of the financial services provider's stock valued at $1,740,000 after purchasing an additional 13,919 shares in the last quarter. 46.71% of the stock is owned by institutional investors. </p><h2>Analyst Ratings Changes</h2><p>AROW has been the topic of a number of recent analyst reports. Weiss Ratings  reaffirmed a &#34;hold (c+)&#34; rating on shares of Arrow Financial in a report on Monday, December 29th. Wall Street Zen lowered shares of Arrow Financial from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, January 3rd. Finally, Hovde Group cut Arrow Financial from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a research note on Monday, January 12th. Three equities research analysts have rated the stock with a Hold rating,  According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average price target of $30.75.</p><p><b>Check Out Our Latest Research Report on Arrow Financial</b></p><h2>About Arrow Financial</h2> (Get Free Report)<p>Arrow Financial Corporation is a bank holding company headquartered in Glens Falls, New York, that conducts its primary operations through its subsidiary, Glens Falls National Bank &amp; Trust Company. The company provides a comprehensive suite of retail and commercial banking services, including checking and savings accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Through its branch network, Arrow Financial serves individuals, small- and medium-sized businesses, and nonprofit organizations across the Adirondack region, Upper Hudson Valley, Mohawk Valley and parts of Central New York.  </p><p>In addition to traditional banking, Arrow Financial has developed a robust wealth management and trust services division.</p><h2>See Also</h2><ul><li>Five stocks we like better than Arrow Financial</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJPVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVJPVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Arrow Financial Right Now?</h2><p>Before you consider Arrow Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arrow Financial wasn't on the list.</p><p>While Arrow Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AROW

<p>Arrow Financial (NASDAQ:AROW) reported quarterly earnings of $0.85 EPS, exceeding expectations of $0.81 by $0.04. The company generated revenue of $43.65 million, surpassing the forecast of $43.40 million. Arrow Financial's net margin stood at 14.65% with a return on equity of 9.46%. Following the earnings report, the stock rose 2.5% to $33.24. Insider transactions included CEO David S. Demarco purchasing shares, and institutional investors have increased their holdings. Analysts currently rate the stock as 'Hold' with an average price target of $30.75.</p>

Arrow Financial (NASDAQ:AROW) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS