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AROW (Arrow Financial) Equity-to-Asset : 0.09 (As of Sep. 2024)


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What is Arrow Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arrow Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $393.3 Mil. Arrow Financial's Total Assets for the quarter that ended in Sep. 2024 was $4,411.4 Mil. Therefore, Arrow Financial's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.09.

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

AROW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.09   Max: 0.1
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Arrow Financial was 0.10. The lowest was 0.08. And the median was 0.09.

AROW's Equity-to-Asset is ranked worse than
52.31% of 1537 companies
in the Banks industry
Industry Median: 0.1 vs AROW: 0.09

Arrow Financial Equity-to-Asset Historical Data

The historical data trend for Arrow Financial's Equity-to-Asset 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.

Arrow Financial Equity-to-Asset Chart

Arrow Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.09 0.09 0.09

Arrow Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.09 0.09 0.09

Competitive Comparison of Arrow Financial's Equity-to-Asset

For the Banks - Regional subindustry, Arrow Financial's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Arrow Financial's Equity-to-Asset falls into.



Arrow Financial Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Arrow Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=379.772/4169.868
=0.09

Arrow Financial's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=393.311/4411.449
=0.09

* 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.


Arrow Financial  (NAS:AROW) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Arrow Financial Equity-to-Asset Related Terms

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


Arrow Financial Business Description

Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
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 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
Raymond F O'conor officer: Senior Vice President 7 ROLLING GREEN DRIVE, WILTON NY 12831
Gary C Dake director 514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
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
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
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

Arrow Financial Headlines

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