# Arrow Financial Corporation (AROW) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $39.57, market value $733 million.

## Valuation
- **P/E (trailing): 12.8×** (5-yr avg 12.2×, 3-yr avg 13.7×). Arrow Financial Corporation trades at 12.8× trailing earnings, close to its own five-year average of 12.2×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 9.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.18**. A PEG of 0.18 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.1%** (5-yr avg 7.7%). Free cash flow equals 6.1% of the market value, below its five-year average of 7.7%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 7.8%**. The inverse of the P/E: 7.8% of the price is earned each year.

## Profitability
- **Return on equity: 10.2%**. 10.2% on shareholders' equity is solid.

## Growth
- **EPS growth (1 yr): 49.7%** (3-yr -2.5%/yr, 5-yr 1.3%/yr). Earnings per share rose 49.7%.
- **Free-cash-flow growth (3 yr): -7.3%/yr**. Free cash flow has compounded at -7.3% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.03%** ($1.18 per share, trailing). Arrow Financial Corporation yields 3.03%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -11.0%/yr** (1-yr 4.6%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: hold** (3 analysts). 3 analysts cover Arrow Financial Corporation; the consensus is hold, with an average price target of $43.33 (+10% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 36.5%** (YTD 28.2%, 3-mo 5.6%). The shares are up 36.5% over twelve months including dividends.
- **From 52-week high: -7.3%** (52.9% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 0.54** (volatility 26%). Beta of 0.54 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AROW · Page: https://foliofundamentals.com/stocks/arow

Not investment advice.