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Arrow Financial (FRA:BQE) Total Assets : €3,974.7 Mil (As of Sep. 2024)


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What is Arrow Financial Total Assets?

Arrow Financial's Total Assets for the quarter that ended in Sep. 2024 was €3,974.7 Mil.

Warning Sign:

If a company builds assets at 6.3% a year, faster than its revenue growth rate of 4.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Arrow Financial's average Total Assets Growth Rate was 5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 6.30% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.

During the past 13 years, Arrow Financial's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -5.50%. And the median was 6.40%.

Total Assets is connected with ROA %. Arrow Financial's annualized ROA % for the quarter that ended in Sep. 2024 was 0.82%. Total Assets is also linked to Revenue through Asset Turnover. Arrow Financial's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


Arrow Financial Total Assets Historical Data

The historical data trend for Arrow Financial's Total Assets 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 Total Assets Chart

Arrow Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,865.85 3,032.06 3,564.74 3,747.22 3,823.77

Arrow Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets 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 4,003.72 3,823.77 3,986.93 3,943.05 3,974.72

Arrow Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Arrow Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=348.251+3475.518
=3,823.8

Arrow Financial's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=354.373+3620.342
=3,974.7

* 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  (FRA:BQE) Total Assets Explanation

Total Assets is connected with ROA %.

Arrow Financial's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=32.344/( (3943.054+3974.716)/ 2 )
=32.344/3958.885
=0.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Arrow Financial's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=32.95/( (3943.054+3974.716)/ 2 )
=32.95/3958.885
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Arrow Financial Total Assets Related Terms

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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.

Arrow Financial Headlines

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