Arrow Financial Corporation
AROW

$547.37 M
Marketcap
$32.70
Share price
Country
$0.40
Change (1 day)
$34.63
Year High
$21.50
Year Low
Categories

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

marketcap

P/E ratio for Arrow Financial Corporation (AROW)

P/E ratio as of 2023: 15.83

According to Arrow Financial Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.83. At the end of 2022 the company had a P/E ratio of 11.47.

P/E ratio history for Arrow Financial Corporation from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 15.83
2022 11.47
2021 11.32
2020 11.33
2019 15.07
2018 12.35
2017 15.61
2016 19.84
2015 13.79
2014 14.40
2013 14.55
2012 13.11
2011 12.17
2010 13.75
2009 12.15
2008 12.62
2007 12.90
2006 15.55
2005 14.62
2004 17.10
2003 14.04
2002 12.61
2001 14.36
2000 10.51
1999 11.17
1998 16.85
1997 17.28
1996 6.68
1995 8.21
1994 7.45
1993 6.50
1992 10.42
1991 -0.68
1990 5.78
1989 9.37
1988 7.22
1987 7.77
1986 9.33
1985 13.12