- **Net income for Q3 2025 was $12.8 million, with diluted EPS of $0.77**, an increase of over 18% from Q2 2025.  **[0000717538_2215957:1]** **[0000717538_2215957:3]**  Year-to-date net income reached $29.9 million, or $1.80 EPS.  **[0000717538_2215957:1]** **[0000717538_2215957:3]** 
- Key profitability metrics for Q3 2025 included a **Return on Average Assets (ROA) of 1.16%**, a **Return on Average Equity (ROE) of 12.32%**, and a **Fully Taxable Equivalent Net Interest Margin (FTE NIM) of 3.24%**, up from 3.16% in Q2 2025.  **[0000717538_2215957:1]**  The **Efficiency Ratio improved to 59.6%**.  **[0000717538_2215957:1]** **[0000717538_2215957:5]** 
- **Tangible Book Value (TBV) per share increased to $23.85** in Q3 2025, a 2.7% increase from the prior quarter.  **[0000717538_2215957:1]** **[0000717538_2215957:11]** 
- The company repurchased approximately **$1.4 million in shares** during Q3 2025, totaling $9.9 million year-to-date.  **[0000717538_2215957:1]** **[0000717538_2215957:11]** 
- AROW successfully completed the system conversion and operational merger of its bank subsidiaries in July 2025, with **loan growth of 2.0% (annualized)** in Q3 2025.  **[0000717538_2215957:1]** **[0000717538_2215957:6]**

ARROW Financial Corporation Reports Strong Q3 2025 Earnings and Key Performance Metrics

- Arrow Financial Corporation reported Q3 2025 net income of **$12.8 million** and fully diluted earnings per share (EPS) of **$0.77**, marking an almost **20%** increase in EPS from the prior quarter.  **[717538_0000717538-25-000093_ex99-earningsq32025.htm:0]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:1]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:2]** 
- The company achieved a record net interest income of **$34.1 million** and an improved Net Interest Margin (FTE) of **3.24%** for Q3 2025.  **[717538_0000717538-25-000093_ex99-earningsq32025.htm:0]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:1]** **[717538_0000717538-25-000093_ex99-earningsq32025.htm:1]** 
- The Board of Directors declared a **Q4 2025 cash dividend of $0.29 per share**.  **[717538_0000717538-25-000093_ex99-earningsq32025.htm:0]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:7]** 
- Return on Average Assets (ROA) improved to **1.16%**, and Tangible Book Value per share increased to **$23.85**, up **2.7%** from the previous quarter.  **[717538_0000717538-25-000093_ex99-earningsq32025.htm:0]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:1]** 
- During Q3 2025, the company repurchased **$1.4 million** of shares, with **$5.1 million** remaining under the current repurchase authorization.  **[717538_0000717538-25-000093_ex99-earningsq32025.htm:0]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:1]** **[717538_0000717538-25-000093_q32025investorpresentati.htm:7]**

Arrow Financial Corporation Reports Strong Q3 2025 Results

- Arrow Financial Corporation reported **net income of $12.8 million** and **diluted earnings per share (EPS) of $0.77** for the third quarter of 2025, an increase from **net income of $10.8 million** and **EPS of $0.65** in the second quarter of 2025.  **[717538_20251030NY10722:0]** 
- The company declared a **quarterly cash dividend of $0.29 per share**, payable November 24, 2025.  **[717538_20251030NY10722:0]** 
- Key financial metrics improved, with **EPS increasing by almost 20%** from the prior quarter, **Return on Average Assets (ROA) improving to 1.16%**, and **Net Interest Income reaching a record $34.1 million**.  **[717538_20251030NY10722:0]** 
- **Tangible Book Value per share increased by 2.7% to $23.85** from the prior quarter, and the company **repurchased $1.4 million of shares**.  **[717538_20251030NY10722:0]**

ARROW FINANCIAL (AROW)