Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Arrow Financial's share price for the quarter that ended in Sep. 2024 was $28.66. Arrow Financial's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 16.7 Mil. Therefore, Arrow Financial's market cap for the quarter that ended in Sep. 2024 was $479.6 Mil.
Arrow Financial's quarterly market cap
increased
from Mar. 2024 ($418.1 Mil) to Jun. 2024 ($435.6 Mil) and
increased
from Jun. 2024 ($435.6 Mil) to Sep. 2024 ($479.6 Mil).
Arrow Financial's annual market cap
declined
from Dec. 2021 ($565.1 Mil) to Dec. 2022 ($561.1 Mil) and
declined
from Dec. 2022 ($561.1 Mil) to Dec. 2023 ($473.4 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Arrow Financial's Enterprise Value for Today is $215.5 Mil.
Arrow Financial Market Cap Historical Data
The historical data trend for Arrow Financial's Market Cap 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.
Competitive Comparison of Arrow Financial's Market Cap
For the Banks - Regional subindustry, Arrow Financial's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Arrow Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Arrow Financial's Market Cap falls into.
Arrow Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Arrow Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Arrow Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Arrow Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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