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Arrow Financial AROW Technology and Equipment Expense

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Other financials

Income statement

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Revenue$35.0M+7.1%
Net income$13.5M+114%
EPS (diluted)$0.82+116%

Balance sheet

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Total debt$14.1M+41.0%
Total equity$440.1M+8.8%
Total assets$4.5B+1.6%

Cash flow

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Operating cash flow$15.2M+51.4%
CapEx$1.3M+2.2%
Free cash flow$13.9M+58.5%

Valuation

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Market cap$663.47M+60.5%
P/E13×-1.6×
P/S4.9×+1.5×

Profitability

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Net margin23.4%-3.6pp
FCF margin27.8%-4.0pp

Returns & leverage

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Return on equity12.1%+4.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Arrow Financial in its filing.

Tagged under the XBRL concept arow:TechnologyAndEquipmentExpense.

The official record: Arrow Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arrow Financial's technology and equipment expense?
Arrow Financial (AROW) reported technology and equipment expense of $5.05M in Q1 2026.
How has Arrow Financial's technology and equipment expense changed year-over-year?
Arrow Financial's technology and equipment expense decreased by 0.7% year-over-year, from $5.09M to $5.05M.
What is the long-term trend for Arrow Financial's technology and equipment expense?
Over 4 years (2021 to 2025), Arrow Financial's technology and equipment expense has grown at a 8.7% compound annual growth rate (CAGR), from $14.87M to $20.79M.
What does technology and equipment expense mean?
This metric tracks the operational costs associated with maintaining technology infrastructure, software licenses, and physical equipment. It reflects the bank's investment in digital transformation, cybersecurity, and operational efficiency tools. Rising costs in this area are often necessary to remain competitive and improve the customer experience through digital banking channels.