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GLENS FALLS, N.Y. , Feb 1, 2024 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow") reported net income of $7.7 million, and fully diluted earnings per share ("EPS") of $0.46 per share for the fourth quarter of 2023, versus $12.1 million and EPS of $0.71, for the same period in 2022.
Arrow Financial has outperformed the S&P 500 by an impressive margin, with a total return of 60% in less than three months. The stock remains reasonably valued and analysts expect strong earnings growth next year. Investors should hold the stock for an additional potential 10% capital gain before considering taking profits.
Arrow Financial posted solid third-quarter results this week. The regional bank also expanded its stock buyback authorization and resumed the availability of its dividend-reinvestment plan.
GLENS FALLS, N.Y. , Oct. 24, 2023 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) ("Arrow") announced financial results for the three-month period ended September 30, 2023.
Arrow Financial has dramatically underperformed the S&P 500 and the Financial Select Sector SPDR Fund ETF due to negative market sentiment on regional banks and poor business momentum. The bank is not exposed to the same risks as other banks that have gone out of business, and its stable deposits indicate no sign of an imminent bank run. The bank has raised its dividend for 27 consecutive years...
GLENS FALLS, N.Y. , Aug. 31, 2023 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on August 30, 2023, declared a 3% stock dividend, which will be distributed on September 26, 2023.
LOS ANGELES, CA / ACCESSWIRE / August 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Arrow Financial Corporation ("Arrow" or "the Company") (NASDAQ: AROW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commissio...
NEW YORK , Aug. 19, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Arrow Financial Corporation ("Arrow" or the "Company") (NASDAQ: AROW) and reminds investors of the August 22, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you suffered...
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