Arrow Financial Corporation filings document a bank holding company's operating results, capital actions, governance matters, and material-event disclosures. Form 8-K reports furnish quarterly earnings releases, Regulation FD investor presentations, dividend declarations, share repurchase authorization, and other corporate updates tied to Arrow's banking operations, loan portfolio, deposits, investment portfolio, and non-interest income sources.
The company's proxy materials cover board elections, director and executive compensation, pay-versus-performance disclosures, and shareholder voting matters. Other current reports record board appointments and retirements, compensatory arrangements, and shareholder derivative litigation disclosures, including statements about the financial impact of related settlement activity.
Arrow Financial Corporation reports stronger results for the quarter ended March 31, 2026. Net income rose to $13,485 thousand from $6,310 thousand a year earlier, with diluted earnings per share increasing to $0.82 from $0.38.
Total assets reached $4,522,019 thousand, driven mainly by a $3,438,966 thousand loan portfolio and $518,803 thousand of available-for-sale securities. Total deposits were $4,013,939 thousand, funding most of the balance sheet.
Net interest income improved to $36,130 thousand from $31,357 thousand, helped by lower interest expense and higher interest and fees on loans. The provision for credit losses on loans decreased sharply to $548 thousand from $5,019 thousand, while the allowance for credit losses on loans was $34,055 thousand.
Non-interest income increased to $8,628 thousand, led by fiduciary activities, customer fees and insurance commissions, while non-interest expense stayed relatively stable at $26,865 thousand. Comprehensive income was $12,758 thousand, reflecting a modest other comprehensive loss of $727 thousand from securities and hedge valuation movements.
Arrow Financial Corporation and Adirondack Bancorp, Inc. entered into a merger agreement providing for a two-step combination in which Merger Sub will merge into Adirondack, Adirondack will then merge into Arrow, and, at Arrow’s election, Adirondack Bank will merge into Arrow Bank. Each share of Adirondack common stock will be converted into 1.8610 shares of Arrow common stock plus $18.72 in cash.
Based on Arrow’s $34.43 closing price on February 25, 2026, the merger consideration implied ≈$82.79 per Adirondack share. Arrow expects to issue ≈2.0 million shares to Adirondack shareholders and estimates former Adirondack shareholders will own ≈11% of Arrow post-closing. The Adirondack special meeting is scheduled for June 9, 2026; record date was April 28, 2026.
Arrow Financial Corporation reported solid first-quarter 2026 results and declared a higher quarterly dividend. Net income was $13.5 million, or $0.82 per diluted share, compared with $14.0 million and $0.85 in the fourth quarter of 2025. Results included about $790 thousand of merger-related expenses tied to the pending Adirondack Bancorp acquisition; excluding these, core EPS was $0.85, matching the prior quarter and described as a record operating result.
Net interest income rose to $36.1 million and the fully tax-equivalent net interest margin improved to 3.48% from 3.25%, helped by higher earning-asset yields and lower funding costs. Return on average assets was 1.23% (1.29% core), and the efficiency ratio was 59.89% (58.13% core). Credit quality remained strong, with net charge-offs of 0.10% of average loans and nonperforming loans at 0.13% of total loans.
Total assets reached $4.5 billion, loans were $3.4 billion, and deposits were $4.0 billion, supported by seasonal municipal inflows. Regulatory capital stayed well above “well capitalized” levels, including a Common Equity Tier 1 ratio of 13.30%. The Board declared a quarterly cash dividend of $0.30 per share, payable May 26, 2026, to shareholders of record on May 12, 2026.
Arrow Financial Corporation is asking shareholders to vote at its virtual 2026 Annual Meeting on four Class A director elections, 2025 executive pay and ratification of Crowe as 2026 auditor. The proxy highlights 2025 record performance, including net income of $44.0 million and diluted EPS of $2.65, reflecting 50% earnings-per-share growth. Net interest margin improved to 3.17%, tangible book value per share grew more than 10%, and fourth-quarter return on average assets topped 1.20%. The Board outlines a pay-for-performance program using salary, annual incentives and multi‑year restricted stock, plus stock ownership guidelines, clawback and no tax gross‑ups. Shareholders of record on April 6, 2026, owning 16,526,628 outstanding shares in total, are entitled to vote.
Arrow Financial Corporation has agreed to acquire Adirondack Bancorp, Inc. through a series of mergers under an Agreement and Plan of Merger dated February 25, 2026.
Under the merger terms, each outstanding share of Adirondack common stock will be converted into 1.8610 shares of Arrow common stock plus $18.72 in cash. Based on Arrow’s closing price of $34.43 on February 25, 2026, the merger consideration represented approximately $82.79 per Adirondack share and an aggregate implied value of approximately $89.1 million. Completion requires Adirondack shareholder approval, regulatory approvals, effectiveness of this Form S-4 registration statement and other customary conditions.
Arrow Financial Corp director Philip C. Morris reported a small optional cash purchase of common stock under the company’s dividend reinvestment plan (DRIP). The transaction on April 13, 2026 covered 28 shares at $36.33 each, bringing his directly held position to 7,535 shares.
Arrow Financial Corporation filed an Amendment No. 1 to its annual report for the year ended December 31, 2025. The sole purpose is to add Exhibit 97.1, the Arrow Financial Corporation Clawback Policy adopted as of December 1, 2023, which was inadvertently omitted previously.
The company states there were no changes to the clawback policy during 2025 and no other changes to the original annual report. As of the last business day of its most recently completed second fiscal quarter, non‑affiliate common equity market value was $426,347,636, and 16,511,643 common shares were outstanding as of February 27, 2026.
Arrow Financial Corp: The Vanguard Group filed an Amendment No. 1 to its Schedule 13G/A reporting that, following an internal realignment, it beneficially owns 0 shares (0%) of Arrow Financial Corp common stock. The filing states Vanguard disaggregated certain subsidiaries or business divisions per SEC Release No. 34-39538 after the January 12, 2026 realignment; the amendment is signed on 03/26/2026.