
Arrow Financial (AROW) Stock Forecast & Price Target
Arrow Financial (AROW) Analyst Ratings
Bulls say
Arrow Financial Corp demonstrates a positive outlook due to a notable increase in total deposits, which rose by 3.7%, reflecting seasonal trends in the first quarter. Additionally, the company's net interest margin (NIM) improved by 23 basis points, reaching 3.08%, supported by restructuring efforts and anticipated rate adjustments in late 2024. Finally, while non-performing loans (NCOs) experienced a slight increase, the overall asset quality improved as non-performing assets (NPAs) decreased by 6 basis points to 44 basis points of total assets, indicating strong financial health.
Bears say
Arrow Financial Corp's stock outlook may be negatively affected by several key financial metrics. The company experienced a modest decline of approximately 1% in non-interest-bearing deposits, which still account for around 18% of total deposits, while time deposits only saw a slight increase of 2.5% quarter-over-quarter. Additionally, the firm reported a 6% decrease in core fees on a quarter-over-quarter basis and a 4% year-over-year decline, missing expectations by $0.03, indicating potential revenue challenges moving forward.
This aggregate rating is based on analysts' research of Arrow Financial and is not a guaranteed prediction by Public.com or investment advice.
Arrow Financial (AROW) Analyst Forecast & Price Prediction
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