Arrow Financial Corp (AROW) Stock AnalysisAROWArrow Financial Corp

Arrow Financial Corporation is a bank holding company. The Company through its subsidiary, Arrow Bank National Association (Arrow Bank) provides a full range of services to individuals and small to mid-size businesses in New York State from Albany to the Canadian border. In addition, through an indirect lending program, it sources consumer loans from a network of automobile dealers that operate throughout New York and Vermont. It has a wealth management department which provides investment management and trust services. It’s subsidiary of Arrow Bank is Upstate Agency LLC, offering insurance services including property, and casualty insurance, group health insurance and individual life insurance products. North Country Investment Advisers, Inc., a registered investment adviser that provides investment advice to its proprietary mutual fund, and Arrow Properties, Inc., a real estate investment trust, or REIT, are subsidiaries of Arrow Bank. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

Arrow Financial Corp appears to be a good buy right now due to its strong earnings growth, with a reported Q2 EPS of $0.71, which is an increase from $0.65 year-over-year. Additionally, the forward P/E ratio stands at 13.00, suggesting the stock is undervalued compared to its growth potential. The recent approval of its merger with Adirondack Bancorp is expected to enhance its market position, further supporting future growth. However, the main risk is the recent increase in debt to equity, which rose to 75.08%, indicating potential financial leverage concerns.

1 analysts cover AROW: 0 rate it Buy, 1 Hold and 0 Sell.