Arrow Financial Corp key statistics and ratios
In fiscal 2023, Arrow Financial Corp had return on equity of 8.2% and a net margin of 22.5%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | LTMJun 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | 27.3% | 27.2% | 26.1% | 26.2% | 25.9% | 26.1% | 26.2% | 26.7% | 27.9% | 32.1% | 32.1% | 31.0% | 34.9% | 32.7% | 22.5% | 23.4% |
| Return on equity | 15.5% | 14.9% | 13.8% | 13.0% | 11.8% | 11.9% | 11.9% | 11.9% | 12.2% | 14.0% | 13.1% | 12.8% | 14.1% | 13.5% | 8.2% | 8.3% |
| Return on assets | — | 1.1% | 1.1% | 1.1% | 1.0% | 1.1% | 1.1% | 1.1% | 1.1% | 1.3% | 1.2% | 1.2% | 1.3% | 1.2% | 0.7% | 0.8% |
| Dividends ÷ net income | — | — | — | — | 55.6% | 53.1% | 51.5% | 49.3% | 46.4% | 39.7% | 40.6% | 38.6% | 32.7% | 35.7% | 59.8% | 57.1% |
Moat
Strong moat
How hard Arrow Financial's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 13 / 20
Net income has been a median 1.1% of total assets over 10 years.
- Durability 19 / 20
Net margin has been a median 28.6%; its worst year was 23.4%.
- Discipline 18 / 20
The diluted share count fell 3.9% over five years; stock-based pay has been a median 0.3% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (84 before it).
Compare with peers
More: Regional Banks stocks compared, Financials sector, rankings of US companies