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Arrow

27.35
+0.05500.20%
Volume:8.66K
Turnover:238.06K
Market Cap:450.75M
PE:14.95
High:27.63
Open:27.45
Low:27.34
Close:27.29
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Company Profile

Company Name:
Arrow
Exchange:
NASDAQ
Establishment Date:
1851
Employees:
550
Office Location:
250 Glen Street,Glens Falls,New York,United States
Zip Code:
12801
Fax:
- -
Introduction:
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 improvements 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; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and 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. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

Directors

Name
Position
Mark L. Behan
Vice Chairman of the Board
Tenee R. Casaccio
Chairman of the Board
Colin L. Read
Independent Director
Daniel James White
Independent Director
David G. Kruczlnicki
Independent Director
David S. Demarco
President and CEO,Director
Elizabeth A. Miller
Independent Director
Gregory J. Champion
Independent Director
Kristine D. Duffy
Independent Director
Philip C. Morris
Independent Director
Raymond F. O'Conor
Independent Director
James M. Dawsey
Director

Shareholders

Name
Position
Andrew J. Wise
Senior Executive Vice President and CRO
David S. Demarco
President and CEO,Director
Marc J. Yrsha
Senior Executive Vice President and CBO
Penko Ivanov
CFO, Senior Executive Vice President, Treasurer and CAO