Arrow Financial (Arrow Financial) Price-to-Tangible-Book

: 1.08 (As of Today)

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As of today (2024-04-19), Arrow Financial's share price is $22.79. Arrow Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $21.06. Hence, Arrow Financial's Price to Tangible Book Ratio of today is 1.08.

The historical rank and industry rank for Arrow Financial's Price-to-Tangible-Book or its related term are showing as below:

AROW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02 Med: 1.88 Max: 2.63
Current: 1.08

During the past 13 years, Arrow Financial's highest Price to Tangible Book Ratio was 2.63. The lowest was 1.02. And the median was 1.88.

AROW's Price-to-Tangible-Book is ranked worse than
58.63% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs AROW: 1.08

A closely related ratio is called PB Ratio. As of today, Arrow Financial's share price is $22.79. Arrow Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.42. Hence, Arrow Financial's P/B Ratio of today is 1.02.

Arrow Financial Price-to-Tangible-Book Historical Data

The historical data trend for Arrow Financial's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2.04 [6] => 1.49 [7] => 1.63 [8] => 1.70 [9] => 1.33 )

Arrow Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.04

1.49

1.63

1.70

1.33

Arrow Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.70	1.21	0.99	0.86	1.33

Competitive Comparison

For the Banks - Regional subindustry, Arrow Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Arrow Financial Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Arrow Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Arrow Financial's Price-to-Tangible-Book falls into.

Arrow Financial Price-to-Tangible-Book Calculation

Arrow Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	22.79	/	21.059
	=	1.08

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Arrow Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Arrow Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Arrow Financial (Arrow Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arrow Financial Corp (NAS:AROW) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BQE:Germany

Address

250 Glen Street, Glens Falls, NY, USA, 12801

Website

https://www.arrowfinancial.com

Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.

Executives

Andrew J Wise	officer: SVP, Chief Operating Officer	250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser	officer: SVP	AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L	director	81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens	director	42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller	director	250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake	director	514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan	director	250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov	officer: EVP, Treasurer and CFO	C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco	officer: Senior Vice President	7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor	officer: Senior Vice President	7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion	director	250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy	director	ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd	director	9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella	officer: SVP, Treasurer & CFO	42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke	director	58 CHRISTIANA COURT, LAKE GEORGE NY 12845