# Arrow Financial Corporation (AROW) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Banks. Price $38.64, market value $716 million.

## Valuation
- **P/E (trailing): 14.9×** (5-yr avg 12.2×, 3-yr avg 13.7×). Arrow Financial Corporation trades at 14.9× trailing earnings, well above its own five-year average of 12.2×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 9.0×, 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: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.2%** (5-yr avg 7.7%). Free cash flow equals 6.2% of the market value, in line with its five-year average of 7.7%. Above 5% is generally attractive.
- **Earnings yield: 6.7%**. The inverse of the P/E: 6.7% 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: 3.10%** ($1.19 per share, trailing). Arrow Financial Corporation yields 3.10%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 43%**. 43% of earnings goes out as dividends, leaving room to keep raising it.
- **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: buy** (4 analysts). 4 analysts cover Arrow Financial Corporation; the consensus is buy, with an average price target of $43.50 (+13% 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): 44.5%** (YTD 27.1%, 3-mo -2.7%). The shares are up 44.5% over twelve months including dividends.
- **From 52-week high: -9.5%** (33.6% above the low). Trading 10% 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): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.42** (volatility 25%). Beta of 0.42 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.