250 Glen Street Glens Falls, NY 12801 NASDAQ® Symbol: "AROW" Website: arrowfinancial.com Media Contact: Rachael Murray P: (518) 742-6505 E: rachael.murray@arrowbank.com GLENS FALLS, N.Y. (October 30, 2025) – Arrow Financial Corporation (NasdaqGS – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended September 30, 2025. Reported net income for the third quarter of 2025 was $12.8 million and fully diluted earnings per share ("EPS") was $0.77, versus net income of $10.8 ...

2 Table of Contents 3Q 2025 Investor Presentation October 30, 2025 Safe Harbor The information contained in this investor presentation may contain statements that are not historical in nature but rather are based on management's beliefs, assumptions, expectations, estimates and projections about the future. These statements can sometimes be identified by Arrow's use of forward- looking words such as "may," "will," "anticipate," "estimate," "expect," or "intend." These statements may be "forward-looking stat ...

公司表现与近期动态 - Arrow Financial Corporation股票在2025年4月触底后反弹超过15% [2] - 该银行贷款组合中对商业贷款的风险敞口为17.8% [2] 投资组合策略 - 投资组合由12至25只不同领域的顶级股票组成 [2] - 投资组合自推出以来的回报率已超过其基准指数Russell 2000的两倍 [1] - 投资策略专注于内部人士正在买入的中小型股票 [2]

文章核心观点 - 专注于研究内部人士买入的中小盘股投资机会 其模型投资组合自推出以来的回报率是基准指数罗素2000的两倍多 [1][2] - 纽约州北部银行控股公司Arrow Financial股价因关税和贷款组合担忧在2025年4月触底后已反弹超过15% [2] 公司表现与业务 - Arrow Financial Corporation贷款组合中对商业地产的风险敞口为17.8% [2] - 该银行股交易清淡 股价从2025年4月低点反弹逾15% [2] 投资策略与方法 - 投资组合由12至25只不同板块的顶级股票构成 这些股票估值具有吸引力且近期有内部人士显著买入 [2] - 投资目标是长期跑赢基准指数罗素2000 [2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File Number: 0-12507 ARROW FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) New York 22-2448962 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 250 Glen Street Glens Falls New York 12801 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 518 745-1000 Securities registered pursuant to Section 12( ...

250 Glen Street Glens Falls, NY 12801 NASDAQ® Symbol: "AROW" Website: arrowfinancial.com Media Contact: Rachael Murray P: (518) 742-6505 E: rachael.murray@arrowbank.com FOR IMMEDIATE RELEASE Arrow Reports 2nd Quarter Net Income of $10.8 Million, or $0.65 per Share, and Declares 3rd Quarter Dividend of $0.29 per Share GLENS FALLS, N.Y. (July 24, 2025) – Arrow Financial Corporation (NasdaqGS – AROW) ("Arrow" or "the Company") announced financial results for the three-month period ended June 30, 2025. Reported ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 0-12507 ARROW FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) New York 22-2448962 (State or other jurisdiction of incorporation or organization) (I ...

核心业绩表现 - 2025年第一季度每股收益为0.38美元，低于市场预期的0.44美元，同比去年的0.45美元下降 [1] - 本季度每股收益意外为-13.64%，上一季度实际每股收益0.47美元，低于预期的0.59美元，意外为-20.34% [1] - 公司已连续四个季度未能超过市场每股收益预期 [2] 营收表现 - 2025年第一季度营收为3920万美元，低于市场预期0.85%，但高于去年同期的3431万美元 [2] - 公司已连续四个季度未能超过市场营收预期 [2] 股价表现与市场比较 - 年初至今公司股价下跌约14.6%，同期标普500指数下跌5.3%，表现弱于大盘 [3] - 公司股票当前Zacks评级为3（持有），预计近期表现将与市场同步 [6] 未来业绩预期 - 市场对下一季度的共识预期为每股收益0.66美元，营收4071万美元 [7] - 对本财年的共识预期为每股收益2.51美元，营收1.6479亿美元 [7] 行业比较与前景 - 公司所属的东北地区银行行业在Zacks行业排名中位列前30% [8] - 同业公司Camden National预计将报告季度每股收益0.99美元，同比增长15.1%，营收预计为5716万美元，同比增长37.4% [9] - Camden National的每股收益预期在过去30天内维持不变 [9]

250 Glen Street Glens Falls, NY 12801 NASDAQ® Symbol: "AROW" Website: arrowfinancial.com Media Contact: Rachael Murray P: (518) 742-6505 E: rachael.murray@arrowbank.com "We delivered another quarter of strong margin expansion along with continued loan growth, further improving core profitability during these volatile economic times. We continue to execute on our strategic initiatives for continued growth, including expanding our Corporate Banking Team in the Capital Region of New York state. Our overall cre ...

核心观点 - Arrow Financial预计在2025年第一季度营收增长但每股收益同比下降，实际业绩与预期的对比可能影响其短期股价 [1] - 公司盈利意外预测指标显示其不太可能超出市场盈利预期，但投资者也应关注其他因素 [16] 财务业绩预期 - 预计季度每股收益为0.44美元，同比下降2.2% [3] - 预计季度营收为3953万美元，同比增长15.2% [3] - 过去30天内，季度每股收益共识预期被上调了1.54% [4] 盈利意外预测分析 - 最准确估计与共识估计一致，导致盈利ESP为0% [10][11] - 公司当前Zacks排名为第3级（持有）[11] - 盈利ESP为0%与Zacks排名第3级的组合，难以确定公司将超出盈利预期 [11] 历史盈利表现 - 上一报告季度实际每股收益为0.47美元，低于预期的0.59美元，意外幅度为-20.34% [12] - 公司在过去四个季度均未超出共识每股收益预期 [13] 同行业公司比较 - 同属Zacks东北地区银行行业的CB Financial Services预计季度每股收益为0.43美元，同比下降30.7% [17] - CB Financial Services预计季度营收为1250万美元，同比下降7.5% [17] - CB Financial Services的盈利ESP为-1.18%，Zacks排名为第3级，且在过去四个季度中有两次超出盈利预期 [18]