GLENS FALLS, N.Y. (August 31, 2023) -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on August 30, 2023, declared a 3% stock dividend, which will be distributed on September 26, 2023.

GLENS FALLS, N.Y. (August 8, 2023) – Arrow Financial Corporation (NasdaqGS^® – AROW) announced financial results for the three-month period ended June 30, 2023. Net income for the second quarter of 2023 was $6.0 million and fully diluted earnings per share was $0.36. Nonperforming assets decreased $4.2 million in the second quarter, with the allowance for credit losses reaching 477% of nonperforming loans.