Arrow Financial (AROW) Operating Expenses (2010 - 2026)
Arrow Financial's (AROW) quarterly Operating Expenses came in at $26.9 million in Q1 2026, up 3.15% YoY from $26.0 million in Q1 2025, and up 4.11% on a QoQ basis from $25.8 million in Q4 2025.
Arrow Financial (AROW) Operating Expenses (2010 - 2026) Analysis & Trends
Arrow Financial (AROW) has 17 years of Operating Expenses data on file, last reported at $26.9 million in Q1 2026.
- Quarterly Operating Expenses rose 3.15% year-over-year to $26.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $103.8 million (up 4.48% YoY) and the FY2025 annual result came in at $102.9 million, up 5.83% from the prior year.
- Operating Expenses improved to $26.9 million in Q1 2026, from $25.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $26.9 million in Q1 2026 to a low of $18.9 million in Q1 2022.
- A 5-year average of $23.6 million and a median of $24.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses increased 18.37% — and 2024, when it slipped 3.18%.
- Tracing AROW's Operating Expenses over 5 years: stood at $20.8 million in 2022, then grew by 11.53% to $23.2 million in 2023, then grew by 11.42% to $25.8 million in 2024, then dropped by 0.13% to $25.8 million in 2025, then climbed by 4.11% to $26.9 million in 2026.
- The last three Operating Expenses figures came in at $26.9 million (Q1 2026), $25.8 million (Q4 2025), and $25.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Arrow Financial | 629.03 Mn | 629.03 Mn | - | 27.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.46 Mn |
| Mar 31, 2026 | 26.87 Mn |
| Dec 31, 2025 | 25.80 Mn |
| Sep 30, 2025 | 25.43 Mn |
| Jun 30, 2025 | 25.65 Mn |
| Mar 31, 2025 | 26.05 Mn |
| Dec 31, 2024 | 25.84 Mn |
| Sep 30, 2024 | 24.10 Mn |
| Jun 30, 2024 | 23.32 Mn |
| Mar 31, 2024 | 24.01 Mn |
| Dec 31, 2023 | 23.19 Mn |
| Sep 30, 2023 | 23.48 Mn |
| Jun 30, 2023 | 24.08 Mn |
| Mar 31, 2023 | 22.30 Mn |
| Dec 31, 2022 | 20.79 Mn |
| Sep 30, 2022 | 21.45 Mn |
| Jun 30, 2022 | 20.35 Mn |
| Mar 31, 2022 | 18.95 Mn |
| Dec 31, 2021 | 20.86 Mn |
| Sep 30, 2021 | 19.42 Mn |