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Arrow Financial Corporation
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Let's analyse Arrow Financial Corporation together

PenkeI guess you are interested in Arrow Financial Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Arrow Financial Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Arrow Financial Corporation (30 sec.)










What can you expect buying and holding a share of Arrow Financial Corporation? (30 sec.)

How much money do you get?

How much money do you get?
$2.81
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$22.33
Expected worth in 1 year
$23.36
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
$3.83
Return On Investment
15.4%

For what price can you sell your share?

Current Price per Share
$24.88
Expected price per share
$22.85 - $27.13
How sure are you?
50%

1. Valuation of Arrow Financial Corporation (5 min.)




Live pricePrice per Share (EOD)

$24.88

Intrinsic Value Per Share

$-66.70 - $-3.04

Total Value Per Share

$-44.36 - $19.30

2. Growth of Arrow Financial Corporation (5 min.)




Is Arrow Financial Corporation growing?

Current yearPrevious yearGrowGrow %
How rich?$379.7m$353.2m$941.8m72.7%

How much money is Arrow Financial Corporation making?

Current yearPrevious yearGrowGrow %
Making money$8.1m$12.1m-$4m-49.7%
Net Profit Margin21.8%32.7%--

How much money comes from the company's main activities?

3. Financial Health of Arrow Financial Corporation (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Arrow Financial Corporation? (5 min.)

Welcome investor! Arrow Financial Corporation's management wants to use your money to grow the business. In return you get a share of Arrow Financial Corporation.

What can you expect buying and holding a share of Arrow Financial Corporation?

First you should know what it really means to hold a share of Arrow Financial Corporation. And how you can make/lose money.

Speculation

The Price per Share of Arrow Financial Corporation is $24.88. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Arrow Financial Corporation.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Arrow Financial Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $22.33. Based on the TTM, the Book Value Change Per Share is $0.26 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.28 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.70 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arrow Financial Corporation.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.451.8%0.502.0%0.743.0%0.632.5%0.532.1%
Usd Book Value Change Per Share-216.58-870.5%0.261.0%-0.28-1.1%0.301.2%0.271.1%
Usd Dividend Per Share0.271.1%0.702.8%0.261.1%0.341.3%0.271.1%
Usd Total Gains Per Share-216.31-869.4%0.963.8%-0.01-0.1%0.642.6%0.542.2%
Usd Price Per Share27.94-22.50-31.74-30.36-30.59-
Price to Earnings Ratio15.38-12.30-10.78-12.37-15.39-
Price-to-Total Gains Ratio-0.13-29.29-14.60-35.00-54.29-
Price to Book Ratio1.25-0.85-1.49-1.48-1.86-
Price-to-Total Gains Ratio-0.13-29.29-14.60-35.00-54.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share24.88
Number of shares40
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.700.34
Usd Book Value Change Per Share0.260.30
Usd Total Gains Per Share0.960.64
Gains per Quarter (40 shares)38.3025.52
Gains per Year (40 shares)153.19102.09
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
111241143544892
22258229610797194
3337123449161145296
4449164602215194398
5561205755269242500
6674245908322290602
77862861061376339704
88983271214430387806
910113681367483435908
10112340915205374841010

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%122.02.00.098.4%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%16.04.00.080.0%36.04.00.090.0%96.028.00.077.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%119.00.05.096.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%17.03.00.085.0%37.03.00.092.5%110.014.00.088.7%

Fundamentals of Arrow Financial Corporation

About Arrow Financial Corporation

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and enhancement to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program. Further, the company provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

Fundamental data was last updated by Penke on 2024-03-20 10:15:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Arrow Financial Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Arrow Financial Corporation earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • A Net Profit Margin of 14.9% means that $0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arrow Financial Corporation:

  • The MRQ is 14.9%. The company is making a huge profit. +2
  • The TTM is 21.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.9%TTM21.8%-6.9%
TTM21.8%YOY32.7%-10.9%
TTM21.8%5Y30.5%-8.6%
5Y30.5%10Y29.1%+1.3%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ14.9%18.4%-3.5%
TTM21.8%28.0%-6.2%
YOY32.7%25.2%+7.5%
5Y30.5%22.8%+7.7%
10Y29.1%19.8%+9.3%
1.1.2. Return on Assets

Shows how efficient Arrow Financial Corporation is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Arrow Financial Corporation generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arrow Financial Corporation:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%0.0%
TTM0.2%YOY0.3%-0.1%
TTM0.2%5Y0.3%-0.1%
5Y0.3%10Y0.3%+0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.2%0.2%0.0%
YOY0.3%0.2%+0.1%
5Y0.3%0.2%+0.1%
10Y0.3%0.2%+0.1%
1.1.3. Return on Equity

Shows how efficient Arrow Financial Corporation is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • 2.0% Return on Equity means Arrow Financial Corporation generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arrow Financial Corporation:

  • The MRQ is 2.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.2%-0.2%
TTM2.2%YOY3.5%-1.2%
TTM2.2%5Y3.1%-0.9%
5Y3.1%10Y3.1%+0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%1.4%+0.6%
TTM2.2%2.5%-0.3%
YOY3.5%2.7%+0.8%
5Y3.1%2.5%+0.6%
10Y3.1%2.8%+0.3%

1.2. Operating Efficiency of Arrow Financial Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arrow Financial Corporation is operating .

  • Measures how much profit Arrow Financial Corporation makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arrow Financial Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.0%-5.0%
TTM5.0%YOY34.0%-29.0%
TTM5.0%5Y32.7%-27.7%
5Y32.7%10Y35.4%-2.7%
1.2.2. Operating Ratio

Measures how efficient Arrow Financial Corporation is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.10 means that the operating costs are $0.10 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Arrow Financial Corporation:

  • The MRQ is 0.101. The company is very efficient in keeping operating costs low. +2
  • The TTM is -0.420.
Trends
Current periodCompared to+/- 
MRQ0.101TTM-0.420+0.520
TTM-0.420YOY-0.410-0.010
TTM-0.4205Y-0.517+0.097
5Y-0.51710Y-0.522+0.006

1.3. Liquidity of Arrow Financial Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arrow Financial Corporation is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.19 means the company has $0.19 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Arrow Financial Corporation:

  • The MRQ is 0.188. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.478. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.188TTM0.478-0.291
TTM0.478YOY-237,114.737+237,115.216
TTM0.4785Y-47,354.334+47,354.812
5Y-47,354.33410Y-23,667.378-23,686.956
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.4780.124+0.354
YOY-237,114.7370.225-237,114.962
5Y-47,354.3340.219-47,354.553
10Y-23,667.3780.131-23,667.509
1.3.2. Quick Ratio

Measures if Arrow Financial Corporation is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • A Quick Ratio of 0.61 means the company can pay off $0.61 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arrow Financial Corporation:

  • The MRQ is 0.607. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 4.785. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.607TTM4.785-4.178
TTM4.785YOY-380,872.822+380,877.607
TTM4.7855Y-76,118.626+76,123.410
5Y-76,118.62610Y-38,051.147-38,067.479

1.4. Solvency of Arrow Financial Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arrow Financial Corporation assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Arrow Financial Corporation to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.91 means that Arrow Financial Corporation assets are financed with 90.9% credit (debt) and the remaining percentage (100% - 90.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Arrow Financial Corporation:

  • The MRQ is 0.909. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.695. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.909TTM0.695+0.214
TTM0.695YOY0.914-0.219
TTM0.6955Y0.867-0.172
5Y0.86710Y0.889-0.022
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9090.915-0.006
TTM0.6950.917-0.222
YOY0.9140.919-0.005
5Y0.8670.919-0.052
10Y0.8890.927-0.038
1.4.2. Debt to Equity Ratio

Measures if Arrow Financial Corporation is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 998.0% means that company has $9.98 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arrow Financial Corporation:

  • The MRQ is 9.980. The company is unable to pay all its debts with equity. -1
  • The TTM is 7.795. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ9.980TTM7.795+2.185
TTM7.795YOY10.577-2.782
TTM7.7955Y9.654-1.858
5Y9.65410Y9.930-0.276
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ9.98010.829-0.849
TTM7.79511.013-3.218
YOY10.57711.363-0.786
5Y9.65411.437-1.783
10Y9.93013.038-3.108

2. Market Valuation of Arrow Financial Corporation

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Arrow Financial Corporation generates.

  • Above 15 is considered overpriced but always compare Arrow Financial Corporation to the Banks - Regional industry mean.
  • A PE ratio of 15.38 means the investor is paying $15.38 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arrow Financial Corporation:

  • The EOD is 13.695. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.379. Based on the earnings, the company is fair priced.
  • The TTM is 12.302. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.695MRQ15.379-1.684
MRQ15.379TTM12.302+3.077
TTM12.302YOY10.778+1.524
TTM12.3025Y12.370-0.068
5Y12.37010Y15.388-3.018
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD13.6957.398+6.297
MRQ15.3796.680+8.699
TTM12.3025.295+7.007
YOY10.7786.943+3.835
5Y12.3709.770+2.600
10Y15.3889.943+5.445
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Arrow Financial Corporation:

  • The EOD is -6.246. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.014. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 3.894. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-6.246MRQ-7.014+0.768
MRQ-7.014TTM3.894-10.909
TTM3.894YOY12.117-8.223
TTM3.8945Y13.394-9.500
5Y13.39410Y15.053-1.658
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-6.246-2.069-4.177
MRQ-7.014-1.868-5.146
TTM3.894-0.342+4.236
YOY12.1176.448+5.669
5Y13.3940.429+12.965
10Y15.0530.091+14.962
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Arrow Financial Corporation is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 1.25 means the investor is paying $1.25 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Arrow Financial Corporation:

  • The EOD is 1.114. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.251. Based on the equity, the company is underpriced. +1
  • The TTM is 0.852. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.114MRQ1.251-0.137
MRQ1.251TTM0.852+0.399
TTM0.852YOY1.488-0.636
TTM0.8525Y1.478-0.626
5Y1.47810Y1.857-0.379
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.1140.427+0.687
MRQ1.2510.386+0.865
TTM0.8520.470+0.382
YOY1.4880.642+0.846
5Y1.4780.795+0.683
10Y1.8571.025+0.832
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Arrow Financial Corporation.

3.1. Institutions holding Arrow Financial Corporation

Institutions are holding 47.434% of the shares of Arrow Financial Corporation.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31ARROW FINANCIAL CORP(Junk)10.43025.00511726525189371.109
2023-12-31BlackRock Inc7.57990.0009125471271290.5714
2023-12-31Vanguard Group Inc4.74010.0005784638-38821-4.7144
2023-12-31Dimensional Fund Advisors, Inc.3.82940.0052633877-9922-1.5412
2023-12-31State Street Corporation2.26150.0005374346-62223-14.2527
2023-12-31Geode Capital Management, LLC2.05260.001339763140834.3242
2023-12-31Renaissance Technologies Corp1.58410.0113262221-6400-2.3825
2023-12-31Morgan Stanley - Brokerage Accounts1.30650.00052162612450712.7804
2023-12-31American Century Companies Inc1.11820.00361851033429122.7376
2023-12-31Northern Trust Corp0.89360.0008147921-6708-4.3381
2023-12-31Franklin Resources Inc0.81440.001813480690947.234
2023-12-31ING Investment Management LLC0.78520.0043129971-20140-13.4167
2023-12-31Charles Schwab Investment Management Inc0.77880.000912891818181.4304
2023-12-31Bank of New York Mellon Corp0.71320.0007118059-3112-2.5683
2023-12-31Rockefeller Capital Management L.P.0.6970.01081153724580.3986
2023-12-31Zacks Investment Management Inc0.52780.030187364873640
2023-12-31Goldman Sachs Group Inc0.44280.0002733023347084.0279
2023-12-31UBS Group AG0.41520.000668731634710.1741
2023-12-31Nuveen Asset Management, LLC0.35150.0005581831000120.7567
2023-12-31Johnson Investment Counsel Inc0.34860.018957702-4129-6.6779
Total 41.67065.09826897775+96044+1.4%

3.2. Funds holding Arrow Financial Corporation

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv2.56860.000742517600
2024-02-29iShares Russell 2000 ETF2.37940.0152393860-64-0.0162
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.44340.00562389277730.3246
2024-02-29Avantis US Small Cap Value ETF1.1380.0443188368960.051
2024-01-31DFA US Micro Cap I0.95130.058315747400
2023-12-31Fidelity Small Cap Index0.9050.016514980515401.0387
2024-02-01iShares Russell 2000 Value ETF0.86970.03041439651820.1266
2024-01-31Franklin MicroCap Value A0.80861.639213384700
2024-02-29State St Russell Sm/Mid Cp® Indx NL Cl C0.64310.006110645721002.0123
2024-01-31Fidelity Extended Market Index0.57870.00679578812601.3329
2024-01-31DFA US Targeted Value I0.56250.01829310829533.2755
2024-01-31DFA US Small Cap I0.56060.01599279600
2023-12-31Zacks Small Cap Equity Strategy0.50471.753683547835470
2024-02-29Schwab US Small-Cap ETF™0.48870.01158088900
2023-12-31Johnson Institutional SMID Cap Core Comp0.33591.088955597-4129-6.9132
2023-09-30BlackRock Extended Mkt Composite0.3280.0066542932570.4756
2024-02-29Vanguard Russell 2000 ETF0.32630.01365400642728.5897
2024-02-29State St Russell Sm Cap® Indx SL Cl I0.31920.01345283700
2024-01-31Voya Small Company Port I0.31460.452652068-881-1.6639
2024-02-29Dimensional US Small Cap ETF0.26730.0144423900
Total 16.29365.21132697047+91906+3.4%

3.3. Insider Transactions

Insiders are holding 2.588% of the shares of Arrow Financial Corporation.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-11-28Andrew J WiseBUY100024.76
2023-11-22Andrew J WiseBUY100024.49
2023-11-03Colin L ReadBUY187622.84
2023-11-03David D KaiserBUY107523.25
2023-11-01William L OwensBUY71021.27
2023-10-30Colin L ReadBUY750021.33
2023-10-27Gary C DakeBUY480020.58
2023-10-11William L OwensBUY70118.02

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Arrow Financial Corporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---216.5820.256-84812%-0.276-100%0.302-71718%0.268-80870%
Book Value Per Share--22.33476.125-71%21.321+5%31.174-28%22.468-1%
Current Ratio--0.1880.478-61%-237114.737+126315068%-47354.334+25226542%-23667.378+12608106%
Debt To Asset Ratio--0.9090.695+31%0.914-1%0.867+5%0.889+2%
Debt To Equity Ratio--9.9807.795+28%10.577-6%9.654+3%9.930+1%
Dividend Per Share--0.2690.702-62%0.263+2%0.336-20%0.268+1%
Eps--0.4540.498-9%0.736-38%0.634-28%0.529-14%
Free Cash Flow Per Share---0.9960.483-306%0.686-245%0.640-256%0.564-276%
Free Cash Flow To Equity Per Share---8.880-6.363-28%-0.209-98%1.729-614%2.153-512%
Gross Profit Margin--0.8480.927-9%1.000-15%0.980-13%0.990-14%
Intrinsic Value_10Y_max---3.037--------
Intrinsic Value_10Y_min---66.697--------
Intrinsic Value_1Y_max--2.343--------
Intrinsic Value_1Y_min--0.743--------
Intrinsic Value_3Y_max--5.023--------
Intrinsic Value_3Y_min---4.186--------
Intrinsic Value_5Y_max--5.269--------
Intrinsic Value_5Y_min---16.113--------
Market Cap411841128.000-15%475091760.000380897112.920+25%525798122.750-10%504399890.859-6%507283216.430-6%
Net Profit Margin--0.1490.218-32%0.327-54%0.305-51%0.291-49%
Operating Margin---0.050-100%0.340-100%0.327-100%0.354-100%
Operating Ratio--0.101-0.420+517%-0.410+507%-0.517+614%-0.522+619%
Pb Ratio1.114-12%1.2510.852+47%1.488-16%1.478-15%1.857-33%
Pe Ratio13.695-12%15.37912.302+25%10.778+43%12.370+24%15.3880%
Price Per Share24.880-12%27.94022.503+24%31.738-12%30.361-8%30.591-9%
Price To Free Cash Flow Ratio-6.246+11%-7.0143.894-280%12.117-158%13.394-152%15.053-147%
Price To Total Gains Ratio-0.115+11%-0.12929.286-100%14.599-101%35.004-100%54.286-100%
Quick Ratio--0.6074.785-87%-380872.822+62731749%-76118.626+12537216%-38051.147+6267313%
Return On Assets--0.0020.002-5%0.003-38%0.003-34%0.003-33%
Return On Equity--0.0200.022-9%0.035-41%0.031-35%0.031-34%
Total Gains Per Share---216.3130.957-22692%-0.013-100%0.638-34000%0.536-40461%
Usd Book Value--379772000.0001295011250.000-71%353207250.000+8%523101400.000-27%375451025.000+1%
Usd Book Value Change Per Share---216.5820.256-84812%-0.276-100%0.302-71718%0.268-80870%
Usd Book Value Per Share--22.33476.125-71%21.321+5%31.174-28%22.468-1%
Usd Dividend Per Share--0.2690.702-62%0.263+2%0.336-20%0.268+1%
Usd Eps--0.4540.498-9%0.736-38%0.634-28%0.529-14%
Usd Free Cash Flow---16933000.0008179750.000-307%11365750.000-249%10629600.000-259%9360550.000-281%
Usd Free Cash Flow Per Share---0.9960.483-306%0.686-245%0.640-256%0.564-276%
Usd Free Cash Flow To Equity Per Share---8.880-6.363-28%-0.209-98%1.729-614%2.153-512%
Usd Market Cap411841128.000-15%475091760.000380897112.920+25%525798122.750-10%504399890.859-6%507283216.430-6%
Usd Price Per Share24.880-12%27.94022.503+24%31.738-12%30.361-8%30.591-9%
Usd Profit--7723000.0008147500.000-5%12199750.000-37%10477400.000-26%8742725.000-12%
Usd Revenue--51808000.00038688250.000+34%37310250.000+39%34759100.000+49%29907375.000+73%
Usd Total Gains Per Share---216.3130.957-22692%-0.013-100%0.638-34000%0.536-40461%
 EOD+4 -4MRQTTM+5 -31YOY+13 -235Y+6 -3010Y+10 -26

4.2. Fundamental Score

Let's check the fundamental score of Arrow Financial Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.695
Price to Book Ratio (EOD)Between0-11.114
Net Profit Margin (MRQ)Greater than00.149
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.607
Current Ratio (MRQ)Greater than10.188
Debt to Asset Ratio (MRQ)Less than10.909
Debt to Equity Ratio (MRQ)Less than19.980
Return on Equity (MRQ)Greater than0.150.020
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of Arrow Financial Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.879
Ma 20Greater thanMa 5024.319
Ma 50Greater thanMa 10024.634
Ma 100Greater thanMa 20025.212
OpenGreater thanClose24.202
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets4,169,868
Total Liabilities3,790,096
Total Stockholder Equity379,772
 As reported
Total Liabilities 3,790,096
Total Stockholder Equity+ 379,772
Total Assets = 4,169,868

Assets

Total Assets4,169,868
Total Current Assets142,536
Long-term Assets4,027,332
Total Current Assets
Cash And Cash Equivalents 142,536
Short-term Investments 497,769
Total Current Assets  (as reported)142,536
Total Current Assets  (calculated)640,305
+/- 497,769
Long-term Assets
Property Plant Equipment 64,590
Goodwill 21,873
Long Term Investments 636,138
Intangible Assets 1,110
Long-term Assets Other 114,660
Long-term Assets  (as reported)4,027,332
Long-term Assets  (calculated)838,371
+/- 3,188,961

Liabilities & Shareholders' Equity

Total Current Liabilities759,313
Long-term Liabilities3,030,783
Total Stockholder Equity379,772
Total Current Liabilities
Short-term Debt 888
Short Long Term Debt 20,000
Other Current Liabilities 758,425
Total Current Liabilities  (as reported)759,313
Total Current Liabilities  (calculated)779,313
+/- 20,000
Long-term Liabilities
Long term Debt 26,500
Capital Lease Obligations 5,066
Long-term Liabilities  (as reported)3,030,783
Long-term Liabilities  (calculated)31,566
+/- 2,999,217
Total Stockholder Equity
Common Stock22,067
Retained Earnings 65,792
Accumulated Other Comprehensive Income -33,416
Other Stockholders Equity 325,329
Total Stockholder Equity (as reported)379,772
Total Stockholder Equity (calculated)379,772
+/-0
Other
Capital Stock22,067
Cash and Short Term Investments -36,755
Common Stock Shares Outstanding 17,004
Liabilities and Stockholders Equity 4,169,868
Net Debt -85,818
Net Invested Capital 426,272
Net Working Capital -616,777
Property Plant and Equipment Gross 108,757
Short Long Term Debt Total 56,718



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-311995-12-311995-09-301995-06-301995-03-311994-12-311994-09-301994-06-301994-03-311993-12-311993-09-301993-06-301993-03-311992-12-311992-09-301992-06-301992-03-311991-12-311991-09-301991-06-301991-03-311990-12-311990-09-301990-06-301990-03-311989-12-311989-09-301989-06-301989-03-311988-12-311988-09-301988-06-301988-03-311987-12-311987-09-301987-06-301987-03-311986-12-311986-09-301986-06-301986-03-311985-12-311985-09-30
> Total Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
845,900
813,900
794,600
769,900
0
0
0
722,400
720,600
719,000
741,700
733,400
752,600
744,200
0
746,400
0
778,500
802,300
789,800
714,400
713,500
639,600
652,600
654,400
792,400
820,000
831,600
847,100
857,700
869,000
939,000
941,300
954,400
983,200
1,001,100
1,028,850
1,054,810
1,067,077
1,081,354
1,130,942
1,095,338
1,142,214
1,151,007
1,154,089
1,193,702
1,262,965
1,271,421
1,319,858
1,317,158
1,384,193
1,373,920
1,394,285
1,380,139
1,384,793
1,377,949
1,415,967
1,454,305
1,484,111
1,519,603
1,505,854
1,516,334
1,523,376
1,520,217
1,543,154
1,541,933
1,577,049
1,584,846
1,628,592
1,630,981
1,673,051
1,665,086
1,712,664
1,718,632
1,836,283
1,841,627
1,861,295
1,846,119
1,960,294
1,908,336
1,978,404
1,901,774
1,952,978
1,962,684
2,020,369
1,966,976
2,040,515
2,022,796
2,115,962
2,083,169
2,156,858
2,163,698
2,221,581
2,153,051
2,208,745
2,217,420
2,335,528
2,333,371
2,419,551
2,446,188
2,478,871
2,540,242
2,580,485
2,605,242
2,656,386
2,721,721
2,744,462
2,760,465
2,826,687
2,845,171
2,953,220
2,988,334
2,984,883
3,005,750
3,112,822
3,184,275
3,291,332
3,547,177
3,777,684
3,688,636
3,903,711
3,896,191
4,071,104
4,027,952
4,156,402
3,991,205
4,232,778
3,969,509
4,114,630
4,114,630
4,272,911
4,169,868
4,169,8684,272,9114,114,6304,114,6303,969,5094,232,7783,991,2054,156,4024,027,9524,071,1043,896,1913,903,7113,688,6363,777,6843,547,1773,291,3323,184,2753,112,8223,005,7502,984,8832,988,3342,953,2202,845,1712,826,6872,760,4652,744,4622,721,7212,656,3862,605,2422,580,4852,540,2422,478,8712,446,1882,419,5512,333,3712,335,5282,217,4202,208,7452,153,0512,221,5812,163,6982,156,8582,083,1692,115,9622,022,7962,040,5151,966,9762,020,3691,962,6841,952,9781,901,7741,978,4041,908,3361,960,2941,846,1191,861,2951,841,6271,836,2831,718,6321,712,6641,665,0861,673,0511,630,9811,628,5921,584,8461,577,0491,541,9331,543,1541,520,2171,523,3761,516,3341,505,8541,519,6031,484,1111,454,3051,415,9671,377,9491,384,7931,380,1391,394,2851,373,9201,384,1931,317,1581,319,8581,271,4211,262,9651,193,7021,154,0891,151,0071,142,2141,095,3381,130,9421,081,3541,067,0771,054,8101,028,8501,001,100983,200954,400941,300939,000869,000857,700847,100831,600820,000792,400654,400652,600639,600713,500714,400789,800802,300778,5000746,4000744,200752,600733,400741,700719,000720,600722,400000769,900794,600813,900845,9000000000000000000000000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
31,000
45,300
45,300
51,200
0
0
0
58,300
67,200
44,100
41,100
28,900
48,800
45,800
0
34,600
0
49,300
70,700
58,500
29,800
20,500
44,800
37,500
34,000
73,800
63,900
46,900
45,600
24,000
23,600
30,700
31,400
-47,866
233,693
28,073
4,200
25,420
32,709
25,802
23,539
31,242
24,586
27,944
25,495
30,970
32,995
846,825
888,950
883,545
942,465
894,676
945,603
904,681
927,010
917,909
942,267
993,843
1,032,209
1,041,896
1,041,763
1,046,825
1,058,696
1,063,300
1,094,863
1,064,427
1,092,208
1,098,847
1,130,222
1,113,862
1,157,232
1,172,040
1,204,217
1,151,934
1,226,833
1,190,587
1,222,432
1,194,094
1,287,426
1,186,355
1,242,242
1,207,812
1,286,709
1,206,077
1,298,725
1,231,630
1,316,959
1,248,903
1,329,908
1,276,993
1,340,685
1,351,534
1,420,003
1,434,433
1,483,935
1,495,141
1,583,347
1,563,496
1,651,060
1,670,848
1,723,326
1,781,966
1,851,664
1,850,400
1,916,157
1,984,356
2,030,073
2,062,628
2,132,755
2,156,971
2,257,647
2,315,872
2,338,344
2,384,840
2,471,108
2,505,333
2,608,437
2,868,533
3,110,709
3,031,524
3,156,286
3,184,618
49,430
1,017,012
1,070,006
449,799
948,483
638,155
203,616
25,107
813,979
142,536
142,536813,97925,107203,616638,155948,483449,7991,070,0061,017,01249,4303,184,6183,156,2863,031,5243,110,7092,868,5332,608,4372,505,3332,471,1082,384,8402,338,3442,315,8722,257,6472,156,9712,132,7552,062,6282,030,0731,984,3561,916,1571,850,4001,851,6641,781,9661,723,3261,670,8481,651,0601,563,4961,583,3471,495,1411,483,9351,434,4331,420,0031,351,5341,340,6851,276,9931,329,9081,248,9031,316,9591,231,6301,298,7251,206,0771,286,7091,207,8121,242,2421,186,3551,287,4261,194,0941,222,4321,190,5871,226,8331,151,9341,204,2171,172,0401,157,2321,113,8621,130,2221,098,8471,092,2081,064,4271,094,8631,063,3001,058,6961,046,8251,041,7631,041,8961,032,209993,843942,267917,909927,010904,681945,603894,676942,465883,545888,950846,82532,99530,97025,49527,94424,58631,24223,53925,80232,70925,4204,20028,073233,693-47,86631,40030,70023,60024,00045,60046,90063,90073,80034,00037,50044,80020,50029,80058,50070,70049,300034,600045,80048,80028,90041,10044,10067,20058,30000051,20045,30045,30031,0000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
31,000
45,300
45,300
51,200
0
0
0
58,300
67,200
44,100
41,100
28,900
48,800
45,800
0
34,600
0
49,300
70,700
58,500
29,800
20,500
44,800
37,500
34,000
73,800
63,900
46,900
45,600
24,000
23,600
30,700
31,400
21,300
37,200
28,100
24,464
25,420
32,709
26,612
23,539
31,242
57,286
27,944
25,495
30,970
32,995
29,141
24,423
30,598
38,409
27,526
27,916
28,641
38,301
29,805
34,587
33,541
41,432
35,558
27,177
38,244
41,710
34,995
36,691
33,403
42,219
35,289
37,046
39,013
38,325
58,338
100,585
54,189
117,345
67,116
89,762
39,772
123,730
31,079
77,003
57,320
137,790
43,736
137,508
57,751
136,418
48,832
137,174
44,600
72,052
49,980
76,050
51,810
64,664
46,295
111,595
45,137
69,691
51,068
60,711
63,115
102,059
57,355
64,803
66,077
80,666
72,838
100,272
60,741
92,295
84,239
61,229
62,695
92,298
70,221
138,529
253,270
450,666
380,991
452,207
478,228
598,366
457,696
487,578
217,254
373,429
64,660
203,472
203,472
294,739
142,536
142,536294,739203,472203,47264,660373,429217,254487,578457,696598,366478,228452,207380,991450,666253,270138,52970,22192,29862,69561,22984,23992,29560,741100,27272,83880,66666,07764,80357,355102,05963,11560,71151,06869,69145,137111,59546,29564,66451,81076,05049,98072,05244,600137,17448,832136,41857,751137,50843,736137,79057,32077,00331,079123,73039,77289,76267,116117,34554,189100,58558,33838,32539,01337,04635,28942,21933,40336,69134,99541,71038,24427,17735,55841,43233,54134,58729,80538,30128,64127,91627,52638,40930,59824,42329,14132,99530,97025,49527,94457,28631,24223,53926,61232,70925,42024,46428,10037,20021,30031,40030,70023,60024,00045,60046,90063,90073,80034,00037,50044,80020,50029,80058,50070,70049,300034,600045,80048,80028,90041,10044,10067,20058,30000051,20045,30045,30031,0000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-55,449
233,693
0
4
4
224,506
0
-8
-145
235,011
14,000
262,615
273,554
311,975
3,000
331,583
314,966
311,407
5,800
318,494
343,374
324,172
7,000
333,756
321,101
306,499
0
326,363
336,167
339,812
9,000
315,886
333,015
336,055
16,000
352,163
372,843
350,526
21,099
333,170
376,304
412,798
22,730
0
0
0
5,118
0
511,094
472,340
556,538
466,785
4,479
425,416
478,698
478,775
501,574
486,888
457,606
429,230
366,848
374,335
366,139
393,133
391,817
397,559
402,309
388,247
362,929
339,190
346,996
347,159
327,392
315,459
300,200
307,168
325,387
340,411
317,535
298,812
285,878
314,182
357,334
378,186
378,778
374,928
365,287
464,089
437,868
486,900
559,316
582,428
582,741
575,054
573,495
565,693
565,693
519,240
497,769
497,769519,240565,693565,693573,495575,054582,741582,428559,316486,900437,868464,089365,287374,928378,778378,186357,334314,182285,878298,812317,535340,411325,387307,168300,200315,459327,392347,159346,996339,190362,929388,247402,309397,559391,817393,133366,139374,335366,848429,230457,606486,888501,574478,775478,698425,4164,479466,785556,538472,340511,09405,11800022,730412,798376,304333,17021,099350,526372,843352,16316,000336,055333,015315,8869,000339,812336,167326,3630306,499321,101333,7567,000324,172343,374318,4945,800311,407314,966331,5833,000311,975273,554262,61514,000235,011-145-80224,506440233,693-55,4490000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-50
0
0
-415
-713
0
0
68
367
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,115
7,558
6,464
6,959
6,512
7,132
6,689
6,508
6,082
6,380
5,712
6,510
5,486
6,481
5,708
6,614
0
0
0
0
0
0
1,464,096
0
0
1,606,441
1,655,692
1,690,241
0
0
0
1,891,104
0
1,973,980
2,038,222
2,106,097
0
0
0
0
0
0
2,535,615
2,564,009
2,565,798
2,612,403
0
0
0
0
0
0
0
0
0
0
0
000000000002,612,4032,565,7982,564,0092,535,6150000002,106,0972,038,2221,973,98001,891,1040001,690,2411,655,6921,606,441001,464,0960000006,6145,7086,4815,4866,5105,7126,3806,0826,5086,6897,1326,5126,9596,4647,5587,1150000000000000000000000000000000003676800-713-41500-500000000000000000000000000000000000000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-810
0
0
-32,700
0
0
0
0
817,684
864,527
852,947
904,056
867,150
917,687
876,040
888,709
888,104
907,680
960,302
990,777
1,006,338
1,014,586
1,008,581
1,016,986
1,028,305
1,058,172
1,031,024
1,049,989
1,063,558
1,093,176
1,074,849
1,118,907
1,113,702
1,103,632
1,097,745
1,109,488
1,116,356
1,125,112
1,147,858
1,156,737
1,148,764
1,158,107
1,143,803
1,142,411
1,156,259
1,154,837
1,163,688
1,174,031
715,887
707,478
725,111
775,131
843,948
914,723
1,015,775
1,044,936
1,082,707
1,078,619
1,126,542
1,183,810
1,217,471
1,274,368
1,355,922
1,410,415
1,446,049
1,504,195
1,590,887
1,633,948
1,689,590
1,726,894
1,770,843
1,824,941
1,914,098
1,978,303
2,036,267
2,064,628
2,077,778
2,091,722
2,236,485
2,285,115
2,285,246
2,239,990
2,268,522
2,230,833
-980,652
-171,784
-350,196
381,978
0
0
213,329
305,902
142,536
142,536305,902213,32900381,978-350,196-171,784-980,6522,230,8332,268,5222,239,9902,285,2462,285,1152,236,4852,091,7222,077,7782,064,6282,036,2671,978,3031,914,0981,824,9411,770,8431,726,8941,689,5901,633,9481,590,8871,504,1951,446,0491,410,4151,355,9221,274,3681,217,4711,183,8101,126,5421,078,6191,082,7071,044,9361,015,775914,723843,948775,131725,111707,478715,8871,174,0311,163,6881,154,8371,156,2591,142,4111,143,8031,158,1071,148,7641,156,7371,147,8581,125,1121,116,3561,109,4881,097,7451,103,6321,113,7021,118,9071,074,8491,093,1761,063,5581,049,9891,031,0241,058,1721,028,3051,016,9861,008,5811,014,5861,006,338990,777960,302907,680888,104888,709876,040917,687867,150904,056852,947864,527817,6840000-32,70000-8100000000000000000000000000000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
176,200
162,500
163,600
164,600
0
0
0
170,700
166,900
182,700
199,400
197,100
196,400
189,300
0
198,200
0
81,800
209,800
206,400
198,500
199,900
204,800
212,000
211,800
231,600
256,900
276,700
283,500
299,000
297,600
341,800
315,200
-913
298,000
11,773
267
-894
299,702
12,395
-137
-999
319,927
1,037,390
9,756
9,525
9,959
424,596
430,908
433,613
441,728
479,244
448,682
475,458
457,783
460,040
473,700
460,462
451,902
477,707
464,091
469,509
464,680
456,917
448,291
477,506
484,841
485,999
498,370
517,119
515,819
493,046
508,447
566,698
609,450
651,040
638,863
652,025
672,868
721,981
736,162
693,962
666,269
756,607
721,644
735,346
723,556
773,893
786,054
806,176
816,173
812,164
801,578
718,618
724,810
722,279
752,181
769,875
768,491
775,340
755,545
758,276
728,821
754,842
740,229
737,365
714,389
697,837
693,932
688,200
695,573
672,462
646,539
620,910
641,714
678,942
682,895
678,644
666,975
657,112
747,425
711,573
755,005
833,017
853,138
840,592
836,850
836,961
0
81,506
745,166
4,027,332
4,027,332745,16681,5060836,961836,850840,592853,138833,017755,005711,573747,425657,112666,975678,644682,895678,942641,714620,910646,539672,462695,573688,200693,932697,837714,389737,365740,229754,842728,821758,276755,545775,340768,491769,875752,181722,279724,810718,618801,578812,164816,173806,176786,054773,893723,556735,346721,644756,607666,269693,962736,162721,981672,868652,025638,863651,040609,450566,698508,447493,046515,819517,119498,370485,999484,841477,506448,291456,917464,680469,509464,091477,707451,902460,462473,700460,040457,783475,458448,682479,244441,728433,613430,908424,5969,9599,5259,7561,037,390319,927-999-13712,395299,702-89426711,773298,000-913315,200341,800297,600299,000283,500276,700256,900231,600211,800212,000204,800199,900198,500206,400209,80081,8000198,2000189,300196,400197,100199,400182,700166,900170,700000164,600163,600162,500176,2000000000000000000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,600
19,900
19,800
19,300
0
0
0
17,800
17,400
16,900
16,200
15,400
15,300
15,200
0
14,600
0
14,200
14,000
13,900
12,600
12,700
9,800
9,400
9,400
10,700
10,800
10,800
10,700
10,800
11,000
11,100
11,100
11,300
11,400
11,800
11,843
12,405
12,483
12,395
12,365
12,747
12,732
13,095
13,214
13,371
13,464
13,715
13,676
13,902
14,073
14,174
14,105
14,561
14,878
14,939
14,905
15,422
15,200
15,884
15,949
15,746
16,217
15,608
16,172
16,000
16,385
16,728
16,389
16,492
17,398
17,602
17,584
17,532
18,102
18,756
18,469
19,252
19,138
18,836
19,256
19,490
20,725
22,629
23,217
24,823
26,645
28,897
29,363
29,301
29,386
29,154
28,717
28,465
28,206
28,488
28,381
28,570
28,186
27,440
27,142
26,775
26,718
26,938
26,585
26,565
26,432
27,619
27,815
28,104
28,601
30,446
34,949
38,836
40,228
40,629
40,987
41,231
42,075
42,612
43,057
43,268
44,003
46,217
48,481
50,141
54,015
56,491
58,233
58,233
60,311
64,590
64,59060,31158,23358,23356,49154,01550,14148,48146,21744,00343,26843,05742,61242,07541,23140,98740,62940,22838,83634,94930,44628,60128,10427,81527,61926,43226,56526,58526,93826,71826,77527,14227,44028,18628,57028,38128,48828,20628,46528,71729,15429,38629,30129,36328,89726,64524,82323,21722,62920,72519,49019,25618,83619,13819,25218,46918,75618,10217,53217,58417,60217,39816,49216,38916,72816,38516,00016,17215,60816,21715,74615,94915,88415,20015,42214,90514,93914,87814,56114,10514,17414,07313,90213,67613,71513,46413,37113,21413,09512,73212,74712,36512,39512,48312,40511,84311,80011,40011,30011,10011,10011,00010,80010,70010,80010,80010,7009,4009,4009,80012,70012,60013,90014,00014,200014,600015,20015,30015,40016,20016,90017,40017,80000019,30019,80019,90019,6000000000000000000000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,297
9,297
9,297
9,297
9,297
9,297
9,297
9,297
9,297
10,717
10,692
14,355
14,359
14,452
14,452
14,504
14,504
14,503
14,503
14,614
14,614
14,614
14,726
14,726
14,726
14,726
14,842
14,842
14,842
15,269
15,269
15,783
15,783
15,783
21,244
20,823
21,960
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
22,003
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,873
21,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87321,87322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00322,00321,96020,82321,24415,78315,78315,78315,26915,26914,84214,84214,84214,72614,72614,72614,72614,61414,61414,61414,50314,50314,50414,50414,45214,45214,35914,35510,69210,7179,2979,2979,2979,2979,2979,2979,2979,2979,29700000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
138,334
146,416
1,273,864
1,327,483
1,384,332
1,382,653
1,396,846
1,401,612
1,438,970
1,502,412
1,551,299
1,613,419
1,626,525
1,662,669
1,699,722
1,724,344
1,788,212
1,838,631
1,878,525
1,921,725
1,999,506
2,028,479
2,081,683
2,135,626
2,220,243
2,239,334
2,268,091
2,308,884
2,672,583
2,747,326
2,777,030
2,800,925
2,816,234
2,890,564
2,967,332
3,012,641
617,869
605,301
583,692
684,010
644,350
687,123
757,629
780,966
766,868
759,358
757,097
735,110
6,064
661,777
636,138
636,138661,7776,064735,110757,097759,358766,868780,966757,629687,123644,350684,010583,692605,301617,8693,012,6412,967,3322,890,5642,816,2342,800,9252,777,0302,747,3262,672,5832,308,8842,268,0912,239,3342,220,2432,135,6262,081,6832,028,4791,999,5061,921,7251,878,5251,838,6311,788,2121,724,3441,699,7221,662,6691,626,5251,613,4191,551,2991,502,4121,438,9701,401,6121,396,8461,382,6531,384,3321,327,4831,273,864146,416138,3340000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,356
10,715
10,482
10,250
9,431
9,756
9,525
9,959
9,715
409
400
502
166
182
179
181
1,019
990
3,106
3,021
2,885
2,885
2,660
2,540
2,422
2,422
2,194
2,085
1,976
1,867
1,769
1,731
1,652
1,608
1,598
1,511
1,443
1,361
1,423
1,426
1,458
3,656
4,221
4,828
4,749
4,650
4,608
4,543
4,492
4,457
4,384
4,270
4,140
3,996
3,865
3,744
3,625
3,489
3,369
3,263
3,107
2,999
2,885
2,802
2,696
2,575
2,482
2,395
2,289
2,172
2,060
1,954
1,852
1,777
1,730
1,713
1,661
1,640
1,662
1,789
1,950
2,049
2,082
2,006
1,918
1,818
1,710
1,604
1,500
1,400
1,400
1,205
1,110
1,1101,2051,4001,4001,5001,6041,7101,8181,9182,0062,0822,0491,9501,7891,6621,6401,6611,7131,7301,7771,8521,9542,0602,1722,2892,3952,4822,5752,6962,8022,8852,9993,1073,2633,3693,4893,6253,7443,8653,9964,1404,2704,3844,4574,4924,5434,6084,6504,7494,8284,2213,6561,4581,4261,4231,3611,4431,5111,5981,6081,6521,7311,7691,8671,9762,0852,1942,4222,4222,5402,6602,8852,8853,0213,1069901,0191811791821665024004099,7159,9599,5259,7569,43110,25010,48210,71510,3560000000000000000000000000000000000000000000000000000000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
612,971
586,516
604,316
637,965
729,778
834,455
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000834,455729,778637,965604,316586,516612,97100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
638,700
606,100
585,700
554,100
0
0
0
493,400
486,500
492,200
501,200
507,400
507,400
509,100
0
513,600
0
647,400
521,800
524,900
486,100
493,100
390,000
403,100
408,600
487,000
499,200
508,000
518,000
534,700
547,800
566,500
594,700
1,003,179
451,507
961,254
1,024,383
1,030,284
734,666
1,043,157
1,107,540
1,065,095
797,701
85,673
1,118,838
1,153,207
1,220,011
1,696,017
1,750,766
1,750,771
1,825,921
1,853,164
1,842,967
1,855,597
1,842,576
1,837,989
1,889,667
1,914,767
1,936,013
1,997,310
1,969,945
1,985,843
1,988,056
1,977,134
1,991,445
2,019,439
2,061,890
2,070,845
2,126,962
2,148,100
2,188,870
2,158,132
2,221,111
2,285,330
2,445,733
2,492,667
2,500,158
2,498,144
2,633,162
2,630,317
2,714,566
2,595,736
2,619,247
2,719,291
2,742,013
2,702,322
2,764,071
2,796,689
2,902,016
2,889,345
2,973,031
2,975,862
3,023,159
2,871,669
2,933,555
2,939,699
3,087,709
3,103,246
3,188,042
3,221,528
3,234,416
3,298,518
3,309,306
3,360,084
3,396,615
3,459,086
3,458,851
3,458,302
3,520,619
3,533,371
3,648,793
3,660,796
3,631,422
3,626,660
3,754,536
3,863,217
3,974,227
4,225,821
4,444,659
4,345,748
4,651,136
4,607,764
3,266,669
2,177,923
2,233,258
2,700,814
2,447,445
2,494,393
3,084,371
4,008,017
2,713,766
0
02,713,7664,008,0173,084,3712,494,3932,447,4452,700,8142,233,2582,177,9233,266,6694,607,7644,651,1364,345,7484,444,6594,225,8213,974,2273,863,2173,754,5363,626,6603,631,4223,660,7963,648,7933,533,3713,520,6193,458,3023,458,8513,459,0863,396,6153,360,0843,309,3063,298,5183,234,4163,221,5283,188,0423,103,2463,087,7092,939,6992,933,5552,871,6693,023,1592,975,8622,973,0312,889,3452,902,0162,796,6892,764,0712,702,3222,742,0132,719,2912,619,2472,595,7362,714,5662,630,3172,633,1622,498,1442,500,1582,492,6672,445,7332,285,3302,221,1112,158,1322,188,8702,148,1002,126,9622,070,8452,061,8902,019,4391,991,4451,977,1341,988,0561,985,8431,969,9451,997,3101,936,0131,914,7671,889,6671,837,9891,842,5761,855,5971,842,9671,853,1641,825,9211,750,7711,750,7661,696,0171,220,0111,153,2071,118,83885,673797,7011,065,0951,107,5401,043,157734,6661,030,2841,024,383961,254451,5071,003,179594,700566,500547,800534,700518,000508,000499,200487,000408,600403,100390,000493,100486,100524,900521,800647,4000513,6000509,100507,400507,400501,200492,200486,500493,400000554,100585,700606,100638,7000000000000000000000000
> Total Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
778,500
777,800
757,000
735,000
0
0
0
682,700
677,400
673,300
694,000
683,300
700,700
690,300
0
688,000
0
713,600
736,600
722,300
644,300
646,900
566,300
578,300
583,000
720,900
747,800
757,700
771,600
781,300
791,400
861,900
864,200
879,800
907,900
923,800
958,192
982,212
989,996
1,000,573
1,046,601
1,008,867
1,051,520
1,059,503
1,061,839
1,097,028
1,162,956
1,170,019
1,217,423
1,212,469
1,280,096
1,268,055
1,282,896
1,271,899
1,271,642
1,259,915
1,300,194
1,336,438
1,368,094
1,402,182
1,389,271
1,401,588
1,404,003
1,402,087
1,424,774
1,426,022
1,458,175
1,462,590
1,501,541
1,506,901
1,547,654
1,539,284
1,580,125
1,584,046
1,696,979
1,700,809
1,715,491
1,693,416
1,806,837
1,756,077
1,819,216
1,738,185
1,784,354
1,796,299
1,851,903
1,795,036
1,864,201
1,846,971
1,938,159
1,905,562
1,974,175
1,971,544
2,027,090
1,955,435
2,008,656
2,016,494
2,130,563
2,126,424
2,208,409
2,232,217
2,258,168
2,314,869
2,351,277
2,372,390
2,420,275
2,480,969
2,499,814
2,510,862
2,573,953
2,585,683
2,688,410
2,718,750
2,708,274
2,721,101
2,820,594
2,882,547
2,981,934
3,229,490
3,452,024
3,354,244
3,561,298
3,543,158
3,710,933
3,656,766
3,799,159
3,634,707
3,887,228
3,615,971
3,751,259
3,751,259
199,380
3,790,096
3,790,096199,3803,751,2593,751,2593,615,9713,887,2283,634,7073,799,1593,656,7663,710,9333,543,1583,561,2983,354,2443,452,0243,229,4902,981,9342,882,5472,820,5942,721,1012,708,2742,718,7502,688,4102,585,6832,573,9532,510,8622,499,8142,480,9692,420,2752,372,3902,351,2772,314,8692,258,1682,232,2172,208,4092,126,4242,130,5632,016,4942,008,6561,955,4352,027,0901,971,5441,974,1751,905,5621,938,1591,846,9711,864,2011,795,0361,851,9031,796,2991,784,3541,738,1851,819,2161,756,0771,806,8371,693,4161,715,4911,700,8091,696,9791,584,0461,580,1251,539,2841,547,6541,506,9011,501,5411,462,5901,458,1751,426,0221,424,7741,402,0871,404,0031,401,5881,389,2711,402,1821,368,0941,336,4381,300,1941,259,9151,271,6421,271,8991,282,8961,268,0551,280,0961,212,4691,217,4231,170,0191,162,9561,097,0281,061,8391,059,5031,051,5201,008,8671,046,6011,000,573989,996982,212958,192923,800907,900879,800864,200861,900791,400781,300771,600757,700747,800720,900583,000578,300566,300646,900644,300722,300736,600713,6000688,0000690,300700,700683,300694,000673,300677,400682,700000735,000757,000777,800778,5000000000000000000000000
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,300
10,000
7,800
6,600
0
0
0
8,700
7,200
6,700
5,800
7,400
5,200
5,900
0
3,700
0
7,500
736,400
722,300
644,300
646,900
566,300
578,300
582,900
720,900
747,800
757,700
771,600
781,200
791,400
1,800
3,800
10,100
71,000
923,800
953,200
977,200
985,000
995,600
1,041,600
1,003,900
1,046,500
1,054,500
1,056,800
1,092,000
1,158,000
149,420
146,044
1,926
153,235
1,421
1,281
1,065
1,870
1,720
787
1,755
1,231
1,859
112
2,013
1,329
758
29
654
1,215
1,089
539
576
1,517
617
2,017
68,096
62,193
4,145
3,693
3,713
3,964
3,590
3,402
3,760
3,233
43,147
974
898
676
42,262
523
40,493
472
64,777
2,007,100
24,000
1,988,700
60,421
2,110,600
29,500
2,188,400
105,173
2,238,200
102,000
2,331,300
123,000
32,000
122,000
33,000
105,000
2,554,000
136,000
131,000
234,000
74,500
83,000
48,000
130,000
2,961,934
3,209,490
60,894
57,929
12,458
4,770
3,607,989
4,768
3,715,373
3,545,660
-1
27,000
0
35,000
806,804
759,313
759,313806,80435,000027,000-13,545,6603,715,3734,7683,607,9894,77012,45857,92960,8943,209,4902,961,934130,00048,00083,00074,500234,000131,000136,0002,554,000105,00033,000122,00032,000123,0002,331,300102,0002,238,200105,1732,188,40029,5002,110,60060,4211,988,70024,0002,007,10064,77747240,49352342,26267689897443,1473,2333,7603,4023,5903,9643,7133,6934,14562,19368,0962,0176171,5175765391,0891,215654297581,3292,0131121,8591,2311,7557871,7201,8701,0651,2811,421153,2351,926146,044149,4201,158,0001,092,0001,056,8001,054,5001,046,5001,003,9001,041,600995,600985,000977,200953,200923,80071,00010,1003,8001,800791,400781,200771,600757,700747,800720,900582,900578,300566,300646,900644,300722,300736,4007,50003,70005,9005,2007,4005,8006,7007,2008,7000006,6007,80010,0005,3000000000000000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,300
10,000
7,800
6,600
0
0
0
8,700
7,200
6,700
5,800
7,400
5,200
5,900
0
3,700
0
7,500
8,100
1,300
4,600
6,600
6,700
6,100
8,300
8,300
8,100
3,800
3,700
5,000
3,500
1,800
3,800
10,100
71,000
5,300
5,769
7,652
5,335
9,574
6,580
163,162
4,615
5,335
2,369
5,336
5,335
149,420
146,044
1,926
153,235
1,421
1,281
1,065
1,870
1,720
787
1,755
1,231
1,859
112
2,013
1,329
758
29
654
1,215
1,089
539
576
1,517
617
2,017
68,096
62,193
1,888
1,602
1,619
1,842
1,633
1,647
2,211
2,023
42,000
42,000
30,000
30,000
29,000
41,678
40,000
20,000
53,000
64,777
24,000
10,000
41,000
60,421
29,500
55,000
82,000
105,173
102,000
55,000
123,000
32,000
122,000
33,000
105,000
105,000
136,000
131,000
234,000
74,500
83,000
48,000
130,000
50,000
50,000
60,894
57,929
12,458
4,770
45,000
4,768
25,000
25,000
-1
27,000
0
35,000
980
888
88898035,000027,000-125,00025,0004,76845,0004,77012,45857,92960,89450,00050,000130,00048,00083,00074,500234,000131,000136,000105,000105,00033,000122,00032,000123,00055,000102,000105,17382,00055,00029,50060,42141,00010,00024,00064,77753,00020,00040,00041,67829,00030,00030,00042,00042,0002,0232,2111,6471,6331,8421,6191,6021,88862,19368,0962,0176171,5175765391,0891,215654297581,3292,0131121,8591,2311,7557871,7201,8701,0651,2811,421153,2351,926146,044149,4205,3355,3362,3695,3354,615163,1626,5809,5745,3357,6525,7695,30071,00010,1003,8001,8003,5005,0003,7003,8008,1008,3008,3006,1006,7006,6004,6001,3008,1007,50003,70005,9005,2007,4005,8006,7007,2008,7000006,6007,80010,0005,3000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,000
0
0
0
180,173
0
198,497
93,589
233,836
119,035
237,892
169,419
10,000
139,957
261,248
0
20,000
74,500
83,000
48,000
130,000
0
0
0
0
0
0
0
0
0
0
0
27,000
35,000
164,000
0
20,000
20,0000164,00035,00027,00000000000000130,00048,00083,00074,50020,0000261,248139,95710,000169,419237,892119,035233,83693,589198,4970180,17300010,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
842,892
838,373
877,787
858,925
873,902
832,862
879,978
885,498
895,570
901,139
946,851
958,007
1,014,723
992,490
1,049,644
1,046,616
1,064,989
1,037,667
1,050,591
1,032,280
1,065,041
1,105,238
1,139,007
1,165,763
1,169,586
1,151,105
1,163,084
1,186,397
1,203,781
1,205,167
1,217,502
1,204,200
1,241,022
1,249,052
1,271,976
1,275,063
1,323,769
1,312,419
1,432,482
2,257
2,091
2,094
2,122
1,957
1,755
1,549
1,210
1,147
974
898
676
584
523
493
472
1,842,330
1,948,019
1,860,666
1,935,356
1,902,948
2,018,704
1,972,484
2,082,051
2,030,423
2,115,061
2,072,385
2,213,187
2,116,546
2,256,536
2,220,038
2,307,116
2,245,116
2,411,273
2,304,781
2,407,855
2,345,584
2,490,097
2,503,753
2,614,547
2,616,054
2,811,005
3,068,773
3,264,858
3,234,726
3,453,588
3,438,033
3,605,563
3,550,497
3,715,373
3,545,660
3,795,105
3,498,364
0
3,502,224
0
0
003,502,22403,498,3643,795,1053,545,6603,715,3733,550,4973,605,5633,438,0333,453,5883,234,7263,264,8583,068,7732,811,0052,616,0542,614,5472,503,7532,490,0972,345,5842,407,8552,304,7812,411,2732,245,1162,307,1162,220,0382,256,5362,116,5462,213,1872,072,3852,115,0612,030,4232,082,0511,972,4842,018,7041,902,9481,935,3561,860,6661,948,0191,842,3304724935235846768989741,1471,2101,5491,7551,9572,1222,0942,0912,2571,432,4821,312,4191,323,7691,275,0631,271,9761,249,0521,241,0221,204,2001,217,5021,205,1671,203,7811,186,3971,163,0841,151,1051,169,5861,165,7631,139,0071,105,2381,065,0411,032,2801,050,5911,037,6671,064,9891,046,6161,049,644992,4901,014,723958,007946,851901,139895,570885,498879,978832,862873,902858,925877,787838,373842,8920000000000000000000000000000000000000000000000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
728,300
721,000
639,700
640,300
559,600
572,200
574,600
712,600
739,700
753,900
767,900
776,200
787,900
0
0
0
0
918,500
947,431
969,548
979,665
986,026
1,035,020
840,738
1,041,885
1,049,165
1,054,431
1,086,664
1,152,665
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
219,403
232,044
1,644,046
-974
-898
-676
12,678
-523
1,779,905
-472
11,777
1,948,019
1,860,666
1,935,356
19,421
2,018,704
1,972,484
2,082,051
23,173
2,115,061
2,072,385
2,213,187
2,116,546
2,256,536
2,220,038
2,307,116
2,245,116
2,411,273
2,304,781
2,407,855
2,345,584
2,490,097
2,503,753
2,614,547
2,616,054
2,811,005
3,068,773
60,894
57,929
12,458
4,770
3,605,563
3,550,497
3,715,373
3,545,660
3,795,105
-27,000
0
-35,000
805,824
758,425
758,425805,824-35,0000-27,0003,795,1053,545,6603,715,3733,550,4973,605,5634,77012,45857,92960,8943,068,7732,811,0052,616,0542,614,5472,503,7532,490,0972,345,5842,407,8552,304,7812,411,2732,245,1162,307,1162,220,0382,256,5362,116,5462,213,1872,072,3852,115,06123,1732,082,0511,972,4842,018,70419,4211,935,3561,860,6661,948,01911,777-4721,779,905-52312,678-676-898-9741,644,046232,044219,40300000000000000000000000000000000001,152,6651,086,6641,054,4311,049,1651,041,885840,7381,035,020986,026979,665969,548947,431918,5000000787,900776,200767,900753,900739,700712,600574,600572,200559,600640,300639,700721,000728,3000000000000000000000000000000000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,600
7,200
7,100
7,000
0
0
0
5,400
5,400
5,400
5,400
5,300
5,300
5,300
0
5,000
0
4,700
200
0
0
0
0
0
0
0
0
0
15,000
15,000
15,000
45,000
45,000
50,000
0
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
155,000
15,000
165,000
165,000
172,500
154,800
170,000
150,000
165,000
151,500
177,000
165,000
183,000
165,000
145,000
155,000
150,000
170,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
180,000
160,000
160,000
170,000
170,000
150,000
130,000
110,000
60,000
60,000
50,000
50,000
50,000
50,000
50,000
50,000
40,000
40,000
40,000
30,000
30,000
30,000
70,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
65,000
65,000
65,000
65,000
57,946
55,270
55,263
55,254
75,249
75,239
75,228
70,217
70,205
70,193
70,181
70,169
50,156
50,144
2,815,116
27,000
0
132,906
199,380
3,030,783
3,030,783199,380132,906027,0002,815,11650,14450,15670,16970,18170,19370,20570,21775,22875,23975,24955,25455,26355,27057,94665,00065,00065,00065,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00070,00030,00030,00030,00040,00040,00040,00050,00050,00050,00050,00050,00050,00060,00060,000110,000130,000150,000170,000170,000160,000160,000180,000180,000180,000180,000180,000180,000180,000180,000170,000150,000155,000145,000165,000183,000165,000177,000151,500165,000150,000170,000154,800172,500165,000165,00015,000155,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,000050,00045,00045,00015,00015,00015,0000000000002004,70005,00005,3005,3005,3005,4005,4005,4005,4000007,0007,1007,2005,6000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
0
0
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
0
0
20,000
0
0
0020,0000020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,0000020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,411
12,060
13,143
13,751
14,412
12,843
14,104
16,360
14,007
15,512
16,401
13,514
19,421
17,778
15,719
15,503
14,638
14,265
16,214
13,659
13,605
15,281
17,993
16,365
16,066
17,666
20,623
22,366
19,689
21,691
21,882
24,671
20,842
22,092
24,614
24,265
21,451
23,531
22,304
23,335
21,286
21,926
21,064
18,859
21,688
23,754
25,348
23,960
24,373
24,056
24,698
24,138
24,787
20,919
22,823
24,437
25,284
23,873
23,646
23,125
25,964
25,167
26,944
21,621
22,952
23,987
24,501
22,008
24,704
23,039
23,279
20,780
22,723
19,654
22,052
19,507
21,685
22,011
23,541
24,358
26,978
25,771
26,046
31,815
30,710
31,840
32,763
36,100
33,630
38,903
41,992
24,360
0
30,305
0
0
0030,305024,36041,99238,90333,63036,10032,76331,84030,71031,81526,04625,77126,97824,35823,54122,01121,68519,50722,05219,65422,72320,78023,27923,03924,70422,00824,50123,98722,95221,62126,94425,16725,96423,12523,64623,87325,28424,43722,82320,91924,78724,13824,69824,05624,37323,96025,34823,75421,68818,85921,06421,92621,28623,33522,30423,53121,45124,26524,61422,09220,84224,67121,88221,69119,68922,36620,62317,66616,06616,36517,99315,28113,60513,65916,21414,26514,63815,50315,71917,77819,42113,51416,40115,51214,00716,36014,10412,84314,41213,75113,14312,06013,4110000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
67,400
36,100
37,600
34,900
0
0
0
39,700
43,200
45,700
47,700
50,100
51,900
53,900
0
58,400
0
64,900
65,700
67,500
70,100
66,600
73,400
74,300
71,400
71,500
72,200
73,900
75,500
76,400
77,600
77,100
77,100
74,600
75,300
72,300
70,658
72,598
77,081
80,781
84,341
86,471
90,694
91,504
92,250
96,674
100,009
101,402
102,435
104,689
104,097
105,865
111,389
108,240
113,151
118,034
115,773
117,867
116,017
117,421
116,583
114,746
119,373
118,130
118,380
115,911
118,874
122,256
127,051
124,080
125,397
125,802
132,539
134,586
139,304
140,818
145,804
152,703
153,457
152,259
159,188
163,589
168,624
166,385
168,466
171,940
176,314
175,825
177,803
177,607
182,683
192,154
194,491
197,616
200,089
200,926
204,965
206,947
211,142
213,971
220,703
225,373
229,208
232,852
236,111
240,752
244,648
249,603
252,734
259,488
264,810
269,584
276,609
284,649
292,228
301,728
309,398
317,687
325,660
334,392
342,413
353,033
360,171
371,186
357,243
356,498
345,550
353,538
363,371
363,371
360,014
379,772
379,772360,014363,371363,371353,538345,550356,498357,243371,186360,171353,033342,413334,392325,660317,687309,398301,728292,228284,649276,609269,584264,810259,488252,734249,603244,648240,752236,111232,852229,208225,373220,703213,971211,142206,947204,965200,926200,089197,616194,491192,154182,683177,607177,803175,825176,314171,940168,466166,385168,624163,589159,188152,259153,457152,703145,804140,818139,304134,586132,539125,802125,397124,080127,051122,256118,874115,911118,380118,130119,373114,746116,583117,421116,017117,867115,773118,034113,151108,240111,389105,865104,097104,689102,435101,402100,00996,67492,25091,50490,69486,47184,34180,78177,08172,59870,65872,30075,30074,60077,10077,10077,60076,40075,50073,90072,20071,50071,40074,30073,40066,60070,10067,50065,70064,900058,400053,90051,90050,10047,70045,70043,20039,70000034,90037,60036,10067,4000000000000000000000000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-255
9,500
9,500
9,496
9,496
9,496
9,496
9,496
9,496
9,496
9,970
9,970
9,970
9,970
10,469
10,469
10,469
13,086
13,086
13,086
13,086
13,479
13,479
13,479
13,479
13,883
13,883
13,883
13,883
14,300
14,300
14,300
14,300
14,729
14,729
14,729
14,729
14,729
14,729
14,729
14,729
15,170
15,170
15,170
15,170
15,626
15,626
15,626
15,626
16,094
16,094
16,094
16,094
16,416
16,416
16,416
16,416
16,744
16,744
16,744
16,744
17,079
17,079
17,079
17,079
17,421
17,421
17,421
17,421
17,943
17,943
17,943
17,943
18,481
18,481
18,481
18,481
19,035
19,035
19,035
19,035
19,606
19,606
19,606
19,606
20,194
20,194
20,194
20,194
20,800
20,800
20,800
20,800
21,424
21,424
0
21,424
22,067
22,067
22,06722,06721,424021,42421,42420,80020,80020,80020,80020,19420,19420,19420,19419,60619,60619,60619,60619,03519,03519,03519,03518,48118,48118,48118,48117,94317,94317,94317,94317,42117,42117,42117,42117,07917,07917,07917,07916,74416,74416,74416,74416,41616,41616,41616,41616,09416,09416,09416,09415,62615,62615,62615,62615,17015,17015,17015,17014,72914,72914,72914,72914,72914,72914,72914,72914,30014,30014,30014,30013,88313,88313,88313,88313,47913,47913,47913,47913,08613,08613,08613,08610,46910,46910,4699,9709,9709,9709,9709,4969,4969,4969,4969,4969,4969,4969,5009,500-2550000000000000000000000000000000000000000000000000000000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,039
21,452
23,947
26,291
28,951
23,697
26,251
28,423
30,625
24,755
27,457
29,692
32,132
26,240
29,458
32,157
35,303
28,791
32,139
35,449
38,852
25,400
28,644
31,901
35,739
22,581
28,818
34,093
40,326
24,258
29,257
34,231
39,397
27,375
33,218
37,441
42,704
33,434
41,899
51,263
60,494
47,936
54,078
62,328
69,980
57,778
0
0
65,401
0
0
0065,4010057,77869,98062,32854,07847,93660,49451,26341,89933,43442,70437,44133,21827,37539,39734,23129,25724,25840,32634,09328,81822,58135,73931,90128,64425,40038,85235,44932,13928,79135,30332,15729,45826,24032,13229,69227,45724,75530,62528,42326,25123,69728,95126,29123,94721,45230,0390000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1,600
0
0
-100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-4,900
-6,500
-7,186
-6,735
-4,426
-2,536
-1,136
-1,361
1,040
-379
-1,385
1,227
2,227
1,431
1,061
584
-755
-685
1,786
-3,528
-830
-929
-3,701
-2,722
-4,765
-5,726
-7,208
-8,420
-5,732
-8,827
-9,137
-10,706
-8,199
-6,932
-4,323
-8,508
-9,221
-11,976
-7,451
-7,752
-5,724
-6,640
-5,082
-1,682
-2,326
-6,423
-5,439
-2,983
-2,805
-6,695
-6,872
-6,289
-5,693
-8,462
-8,324
-11,739
-10,293
-4,373
-4,075
-3,489
-4,284
-7,166
-6,256
-7,171
-6,520
-7,972
-5,436
-4,742
-5,442
-6,834
-6,680
-6,200
-6,135
-8,514
-11,285
-11,804
-12,621
-13,810
-11,567
-9,647
-8,979
-6,357
-2,412
-276
-253
-816
-3,096
-2,658
-3,719
347
-20,797
-29,564
-49,070
-49,655
0
-43,983
-52,584
-33,416
-33,416-52,584-43,9830-49,655-49,070-29,564-20,797347-3,719-2,658-3,096-816-253-276-2,412-6,357-8,979-9,647-11,567-13,810-12,621-11,804-11,285-8,514-6,135-6,200-6,680-6,834-5,442-4,742-5,436-7,972-6,520-7,171-6,256-7,166-4,284-3,489-4,075-4,373-10,293-11,739-8,324-8,462-5,693-6,289-6,872-6,695-2,805-2,983-5,439-6,423-2,326-1,682-5,082-6,640-5,724-7,752-7,451-11,976-9,221-8,508-4,323-6,932-8,199-10,706-9,137-8,827-5,732-8,420-7,208-5,726-4,765-2,722-3,701-929-830-3,5281,786-685-7555841,0611,4312,2271,227-1,385-3791,040-1,361-1,136-2,536-4,426-6,735-7,186-6,500-4,900000000000000000000000000000000-10000-1,6000000000000000000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
194,276
206,880
207,600
208,808
209,354
217,756
218,650
219,178
219,772
228,622
229,290
229,842
230,131
239,247
239,721
239,981
240,243
249,931
250,680
251,510
252,511
269,680
270,880
271,517
272,187
289,294
290,219
290,980
292,020
313,763
314,533
315,262
316,229
334,597
335,355
336,021
336,643
353,062
353,662
354,358
355,195
377,349
377,996
378,758
379,423
399,461
0
0
400,270
0
0
00400,27000399,461379,423378,758377,996377,349355,195354,358353,662353,062336,643336,021335,355334,597316,229315,262314,533313,763292,020290,980290,219289,294272,187271,517270,880269,680252,511251,510250,680249,931240,243239,981239,721239,247230,131229,842229,290228,622219,772219,178218,650217,756209,354208,808207,600206,880194,2760000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00-83,90200-84,043-84,141-83,846-82,035-82,195-80,192-80,306-80,547-80,777-80,990-81,258-80,094-80,271-80,265-80,252-79,331-79,425-79,335-79,335-79,201-79,173-78,517-78,170-77,381-77,623-77,819-77,291-77,197-77,381-77,307-76,696-76,716-76,743-76,352-76,062-75,164-75,345-75,567-75,890-74,880-73,712-73,920-73,505-72,061-70,497-70,769-71,752-72,589-72,254-70,392-69,867-70,004-69,091-68,796-68,121-68,192-68,227-67,473-64,585-64,406-64,020-62,357-59,325-56,743-56,291-56,331-53,729-52,743-52,665-50,137-48,536-46,542-47,073-46,362-45,850-45,943-44,856-42,957-42,723-41,041-38,071-38,906-37,803-36,755-36,301-35,620-35,859-33,630-33,292-33,324-32,9760000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29,300
29,300
30,100
30,100
0
0
0
32,700
32,800
-26,600
15,500
36,700
36,200
35,900
0
39,300
0
28,100
43,100
43,200
39,300
34,100
47,700
47,300
42,600
41,300
40,400
51,400
51,300
50,500
72,700
70,400
68,700
64,655
53,600
53,700
45,318
45,399
47,712
49,365
50,943
50,914
51,653
64,266
62,438
62,897
61,984
75,891
74,464
74,492
70,093
69,161
69,506
69,228
79,756
82,128
80,548
79,311
87,704
87,862
86,927
84,483
94,927
95,038
93,999
91,373
98,934
99,112
98,863
97,184
96,823
97,595
95,765
95,819
108,157
108,188
108,931
109,458
117,973
118,479
121,981
120,907
133,883
133,039
132,953
133,184
141,894
141,620
141,288
142,305
151,477
152,326
152,130
152,229
161,054
161,555
161,985
161,736
171,450
172,383
173,269
173,842
191,307
193,099
192,947
193,270
209,721
210,818
211,445
212,485
234,138
235,102
234,910
235,864
254,226
255,261
254,763
255,653
272,285
273,115
274,052
275,003
295,154
295,961
294,912
295,282
315,418
316,368
0
316,431
327,884
325,329
325,329327,884316,4310316,368315,418295,282294,912295,961295,154275,003274,052273,115272,285255,653254,763255,261254,226235,864234,910235,102234,138212,485211,445210,818209,721193,270192,947193,099191,307173,842173,269172,383171,450161,736161,985161,555161,054152,229152,130152,326151,477142,305141,288141,620141,894133,184132,953133,039133,883120,907121,981118,479117,973109,458108,931108,188108,15795,81995,76597,59596,82397,18498,86399,11298,93491,37393,99995,03894,92784,48386,92787,86287,70479,31180,54882,12879,75669,22869,50669,16170,09374,49274,46475,89161,98462,89762,43864,26651,65350,91450,94349,36547,71245,39945,31853,70053,60064,65568,70070,40072,70050,50051,30051,40040,40041,30042,60047,30047,70034,10039,30043,20043,10028,100039,300035,90036,20036,70015,500-26,60032,80032,70000030,10030,10029,30029,3000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue149,241
Cost of Revenue-0
Gross Profit149,241149,241
 
Operating Income (+$)
Gross Profit149,241
Operating Expense--82,568
Operating Income66,673231,809
 
Operating Expense (+$)
Research Development0
Selling General Administrative48,179
Selling And Marketing Expenses1,190
Operating Expense-82,56849,369
 
Net Interest Income (+$)
Interest Income154,144
Interest Expense-11,308
Other Finance Cost-33,038
Net Interest Income109,798
 
Pretax Income (+$)
Operating Income66,673
Net Interest Income109,798
Other Non-Operating Income Expenses0
Income Before Tax (EBT)62,91370,433
EBIT - interestExpense = 55,365
62,913
60,107
Interest Expense11,308
Earnings Before Interest and Taxes (EBIT)66,67374,221
Earnings Before Interest and Taxes (EBITDA)74,221
 
After tax Income (+$)
Income Before Tax62,913
Tax Provision-9,242
Net Income From Continuing Ops34,43953,671
Net Income48,799
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses-82,568
Total Other Income/Expenses Net-3,760-109,798
 

Technical Analysis of Arrow Financial Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Arrow Financial Corporation. The general trend of Arrow Financial Corporation is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Arrow Financial Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Arrow Financial Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 25.11 < 25.62 < 27.13.

The bearish price targets are: 23.36 > 23.19 > 22.85.

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Arrow Financial Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Arrow Financial Corporation. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Arrow Financial Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arrow Financial Corporation. The current macd is -0.03752638.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Arrow Financial Corporation price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Arrow Financial Corporation. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Arrow Financial Corporation price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Arrow Financial Corporation Daily Moving Average Convergence/Divergence (MACD) ChartArrow Financial Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Arrow Financial Corporation. The current adx is 12.02.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Arrow Financial Corporation shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Arrow Financial Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Arrow Financial Corporation. The current sar is 25.06.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Arrow Financial Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Arrow Financial Corporation. The current rsi is 54.88. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Arrow Financial Corporation Daily Relative Strength Index (RSI) ChartArrow Financial Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Arrow Financial Corporation. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Arrow Financial Corporation price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Arrow Financial Corporation Daily Stochastic Oscillator ChartArrow Financial Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Arrow Financial Corporation. The current cci is 62.04.

Arrow Financial Corporation Daily Commodity Channel Index (CCI) ChartArrow Financial Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arrow Financial Corporation. The current cmo is 17.95.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Arrow Financial Corporation Daily Chande Momentum Oscillator (CMO) ChartArrow Financial Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Arrow Financial Corporation. The current willr is -32.74481172.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Arrow Financial Corporation is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Arrow Financial Corporation Daily Williams %R ChartArrow Financial Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Arrow Financial Corporation.

Arrow Financial Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Arrow Financial Corporation. The current atr is 0.77872313.

Arrow Financial Corporation Daily Average True Range (ATR) ChartArrow Financial Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Arrow Financial Corporation. The current obv is -445,437.

Arrow Financial Corporation Daily On-Balance Volume (OBV) ChartArrow Financial Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Arrow Financial Corporation. The current mfi is 45.88.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Arrow Financial Corporation Daily Money Flow Index (MFI) ChartArrow Financial Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arrow Financial Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Arrow Financial Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Arrow Financial Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.879
Ma 20Greater thanMa 5024.319
Ma 50Greater thanMa 10024.634
Ma 100Greater thanMa 20025.212
OpenGreater thanClose24.202
Total2/5 (40.0%)
Penke

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