Arrow Financial annual return on equity
2010
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2022
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2025
Arrow Financial Return on Equity (ROE) Growth & History (AROW)
Arrow Financial's return on equity was 10.56% for fiscal 2025.
View full Arrow Financial company overviewArrow Financial annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.56% | +2.94 pp |
| 2024 | 2024-12-31 | 7.61% | −0.59 pp |
| 2023 | 2023-12-31 | 8.20% | −5.26 pp |
| 2022 | 2022-12-31 | 13.47% | −0.67 pp |
| 2021 | 2021-12-31 | 14.13% | +1.30 pp |
| 2020 | 2020-12-31 | 12.84% | −0.28 pp |
| 2019 | 2019-12-31 | 13.12% | −0.86 pp |
| 2018 | 2018-12-31 | 13.98% | +1.82 pp |
| 2017 | 2017-12-31 | 12.16% | +0.28 pp |
| 2016 | 2016-12-31 | 11.88% | −0.01 pp |
| 2015 | 2015-12-31 | 11.89% | +0.00 pp |
| 2014 | 2014-12-31 | 11.89% | +0.04 pp |
| 2013 | 2013-12-31 | 11.85% | −1.12 pp |
| 2012 | 2012-12-31 | 12.96% | −0.80 pp |
| 2011 | 2011-12-31 | 13.77% | −1.17 pp |
| 2010 | 2010-12-31 | 14.94% | — |
Arrow Financial quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.47% | −0.19 pp |
| Q1 2026 | 2026-03-31 | 3.09% | +1.53 pp |
| Q4 2025 | 2025-12-31 | 3.30% | +2.17 pp |
| Q3 2025 | 2025-09-30 | 3.10% | +0.79 pp |
| Q2 2025 | 2025-06-30 | 2.66% | +0.40 pp |
| Q1 2025 | 2025-03-31 | 1.57% | −0.45 pp |
| Q4 2024 | 2024-12-31 | 1.13% | −0.96 pp |
| Q3 2024 | 2024-09-30 | 2.31% | +0.17 pp |
| Q2 2024 | 2024-06-30 | 2.26% | +0.59 pp |
| Q1 2024 | 2024-03-31 | 2.02% | −0.37 pp |
| Q4 2023 | 2023-12-31 | 2.09% | −1.37 pp |
| Q3 2023 | 2023-09-30 | 2.15% | −1.32 pp |
| Q2 2023 | 2023-06-30 | 1.67% | −1.69 pp |
| Q1 2023 | 2023-03-31 | 2.39% | −1.06 pp |
| Q4 2022 | 2022-12-31 | 3.46% | +0.64 pp |
| Q3 2022 | 2022-09-30 | 3.47% | −0.18 pp |
| Q2 2022 | 2022-06-30 | 3.36% | −0.46 pp |
| Q1 2022 | 2022-03-31 | 3.45% | −0.47 pp |
| Q4 2021 | 2021-12-31 | 2.82% | −0.97 pp |
| Q3 2021 | 2021-09-30 | 3.64% | +0.21 pp |
| Q2 2021 | 2021-06-30 | 3.82% | +0.90 pp |
| Q1 2021 | 2021-03-31 | 3.92% | +1.26 pp |
| Q4 2020 | 2020-12-31 | 3.79% | +0.51 pp |
| Q3 2020 | 2020-09-30 | 3.43% | −0.06 pp |
| Q2 2020 | 2020-06-30 | 2.92% | −0.26 pp |
| Q1 2020 | 2020-03-31 | 2.66% | −0.54 pp |
| Q4 2019 | 2019-12-31 | 3.28% | +0.00 pp |
| Q3 2019 | 2019-09-30 | 3.49% | −0.04 pp |
| Q2 2019 | 2019-06-30 | 3.18% | −0.62 pp |
| Q1 2019 | 2019-03-31 | 3.20% | −0.20 pp |
| Q4 2018 | 2018-12-31 | 3.28% | +0.01 pp |
| Q3 2018 | 2018-09-30 | 3.53% | +0.48 pp |
| Q2 2018 | 2018-06-30 | 3.80% | +0.78 pp |
| Q1 2018 | 2018-03-31 | 3.40% | +0.57 pp |
| Q4 2017 | 2017-12-31 | 3.27% | +0.41 pp |
| Q3 2017 | 2017-09-30 | 3.06% | +0.09 pp |
| Q2 2017 | 2017-06-30 | 3.02% | +0.04 pp |
| Q1 2017 | 2017-03-31 | 2.83% | −0.19 pp |
| Q4 2016 | 2016-12-31 | 2.86% | −0.23 pp |
| Q3 2016 | 2016-09-30 | 2.96% | +0.13 pp |
| Q2 2016 | 2016-06-30 | 2.98% | −0.08 pp |
| Q1 2016 | 2016-03-31 | 3.01% | +0.13 pp |
| Q4 2015 | 2015-12-31 | 3.09% | −0.09 pp |
| Q3 2015 | 2015-09-30 | 2.84% | −0.25 pp |
| Q2 2015 | 2015-06-30 | 3.06% | +0.27 pp |
| Q1 2015 | 2015-03-31 | 2.89% | +0.16 pp |
| Q4 2014 | 2014-12-31 | 3.18% | +0.09 pp |
| Q3 2014 | 2014-09-30 | 3.09% | −0.03 pp |
| Q2 2014 | 2014-06-30 | 2.80% | −0.13 pp |
| Q1 2014 | 2014-03-31 | 2.73% | −0.20 pp |
| Q4 2013 | 2013-12-31 | 3.09% | −0.07 pp |
| Q3 2013 | 2013-09-30 | 3.12% | −0.18 pp |
| Q2 2013 | 2013-06-30 | 2.93% | −0.36 pp |
| Q1 2013 | 2013-03-31 | 2.93% | −0.23 pp |
| Q4 2012 | 2012-12-31 | 3.15% | −0.09 pp |
| Q3 2012 | 2012-09-30 | 3.30% | +0.07 pp |
| Q2 2012 | 2012-06-30 | 3.29% | −0.42 pp |
| Q1 2012 | 2012-03-31 | 3.16% | — |
| Q4 2011 | 2011-12-31 | 3.24% | — |
| Q3 2011 | 2011-09-30 | 3.23% | — |
| Q2 2011 | 2011-06-30 | 3.70% | — |
Arrow Financial return on equity trends
Over the last five fiscal years, Arrow Financial's return on equity decreased from 12.84% to 10.56%, a change of −2.28 percentage points. The latest reported quarter, Q2 2026, shows 2.47%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Arrow Financial source filings ↗