Arrow Financial Corporation (AROW) Earnings History
Annual and quarterly earnings data from 1991 to 2025
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AROW EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AROW Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 65.3% | 22.8% | 18.1% |
| 2024 | 60.4% | 16.7% | 13.3% |
| 2023 | 68.1% | 19.6% | 15.7% |
| 2022 | 90.0% | 39.2% | 30.4% |
| 2021 | 96.3% | 43.5% | 33.7% |
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Arrow Financial Corporation (AROW) Earnings Overview
As of May 8, 2026, Arrow Financial Corporation (AROW) reported trailing twelve-month net income of $44M, reflecting +49.7% year-over-year growth. The company earned $2.68 per diluted share over the past four quarters, with a net profit margin of 18.1%.
Looking at the long-term picture, AROW's 5-year EPS compound annual growth rate (CAGR) stands at +1.9%, reflecting modest earnings expansion. The company achieved its highest annual net income of $50M in fiscal 2021.
Arrow Financial Corporation maintains industry-leading profitability with a gross margin of 65.3%, operating margin of 22.8%, and net margin of 18.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CZWI ($14M net income, 16.0% margin), FUNC ($25M net income, 18.4% margin), NECB ($44M net income, 28.2% margin), AROW has outperformed on profitability metrics. Compare AROW vs CZWI →
AROW Earnings vs Peers
Earnings metrics vs comparable public companies
AROW Historical Earnings Data (1991–2025)
35 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $44M | +47.9% | $55M | $2.65 | 18.1% | 22.8% |
| 2024 | $30M | -1.2% | $37M | $1.77 | 13.3% | 16.7% |
| 2023 | $30M | -38.4% | $38M | $1.77 | 15.7% | 19.6% |
| 2022 | $49M | -2.1% | $63M | $2.86 | 30.4% | 39.2% |
| 2021 | $50M | +22.1% | $64M | $2.92 | 33.7% | 43.5% |
| 2020 | $41M | +8.9% | $52M | $2.41 | 28.2% | 35.9% |
| 2019 | $37M | +3.3% | $47M | $2.22 | 27.1% | 34.0% |
| 2018 | $36M | +23.7% | $45M | $2.22 | 28.9% | 36.1% |
| 2017 | $29M | +10.5% | $40M | $1.81 | 26.1% | 35.5% |
| 2016 | $27M | +7.6% | $38M | $1.65 | 25.3% | 36.0% |
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Start ComparisonAROW — Frequently Asked Questions
Quick answers to the most common questions about buying AROW stock.
Is AROW growing earnings?
AROW EPS is $2.68, with earnings growth accelerating to +49.7%. This exceeds the 5-year CAGR of +1.9%. TTM net income reached $44M.
What are AROW's profit margins?
Arrow Financial Corporation net margin is +18.1%, with operating margin at +22.8%. Above-average margins indicate pricing power.
How consistent are AROW's earnings?
AROW earnings data spans 1991-2025. The accelerating earnings trend is +49.7% YoY. Historical data enables comparison across business cycles.