Arrow Financial Corporation (AROW) reported third-quarter 2026 net income of $5.7 million, or $0.31 per diluted share, for the three months ended September 30. Net income was $11.0 million, or $0.66 per share, in the prior quarter.
The company completed its acquisition of Adirondack Bancorp on July 1 and recorded approximately $15.6 million in merger-related expenses during the quarter. Arrow also declared a $0.30 per-share quarterly cash dividend payable November 23, 2026.
- Net interest income was $48.7 million, up 35.6% from the second quarter.
- Net interest margin increased to 3.80% from 3.42% in the prior quarter.
- Total assets were $5.5 billion at September 30, up $1.1 billion from June 30.
- Total loans were $4.1 billion, increasing $648.0 million during the quarter.
- Deposits totaled $4.7 billion, up $1.1 billion from June 30.
- Arrow reported core EPS of $0.97, a non-GAAP measure excluding merger-related expenses.
$AROW Insider Trading Activity
$AROW insiders have traded $AROW stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $AROW stock by insiders over the last 6 months:
- MARK BEHAN sold 4,110 shares for an estimated $158,604
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$AROW Hedge Fund Activity
We have seen 84 institutional investors add shares of $AROW stock to their portfolio, and 42 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RHINO INVESTMENT PARTNERS, INC added 847,563 shares (+inf%) to their portfolio in Q2 2026, for an estimated $34,741,607
- BLACKROCK, INC. added 148,528 shares (+11.9%) to their portfolio in Q2 2026, for an estimated $6,088,162
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 125,799 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,156,501
- MARSHALL WACE, LLP removed 109,416 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $4,484,961
- ACADIAN ASSET MANAGEMENT LLC added 92,609 shares (+36.7%) to their portfolio in Q2 2026, for an estimated $3,796,042
- AMERICAN CENTURY COMPANIES INC added 89,734 shares (+26.1%) to their portfolio in Q2 2026, for an estimated $3,678,196
- TWO SIGMA INVESTMENTS, LP added 58,344 shares (+67.4%) to their portfolio in Q2 2026, for an estimated $2,391,520
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
