Arrow Financial Corporation (AROW) — Tangible Net Worth Ratio
Arrow Financial Corporation (AROW) has a Tangible Net Worth Ratio of 99.6% as of June 2026. This metric is calculated by deducting intangible assets ($1.61 Million) from net assets ($446.31 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Arrow Financial Corporation to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Arrow Financial Corporation Tangible Net Worth Ratio (1991–2025)
This chart shows how Arrow Financial Corporation's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of June 2026, the ratio stands at 99.6%, reflecting net assets of $446.31 Million with intangible assets of $1.61 Million USD. For live market cap and overall valuation, see Arrow Financial Corporation stock valuation.
Annual Tangible Net Worth Ratio for Arrow Financial Corporation (1991–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Arrow Financial Corporation from 1991 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Arrow Financial Corporation capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.6% | $431.85 Million | $1.74 Million | $4.45 Billion | ▲ +0.1 pp |
| 2024 | 99.5% | $400.90 Million | $2.06 Million | $4.31 Billion | ▼ -0.2 pp |
| 2023 | 99.7% | $379.77 Million | $1.11 Million | $4.17 Billion | ▲ +0.1 pp |
| 2022 | 99.6% | $353.54 Million | $1.50 Million | $3.97 Billion | ▲ +0.1 pp |
| 2021 | 99.5% | $371.19 Million | $1.92 Million | $4.03 Billion | ▲ +0.1 pp |
| 2020 | 99.4% | $334.39 Million | $1.95 Million | $3.69 Billion | ▼ 0.0 pp |
| 2019 | 99.4% | $301.73 Million | $1.66 Million | $3.18 Billion | ▲ +0.1 pp |
| 2018 | 99.3% | $269.58 Million | $1.85 Million | $2.99 Billion | ▲ +0.2 pp |
| 2017 | 99.1% | $249.60 Million | $2.29 Million | $2.76 Billion | ▲ +0.2 pp |
| 2016 | 98.8% | $232.85 Million | $2.70 Million | $2.61 Billion | ▲ +0.3 pp |
| 2015 | 98.5% | $213.97 Million | $3.11 Million | $2.45 Billion | ▲ +0.4 pp |
| 2014 | 98.2% | $200.93 Million | $3.62 Million | $2.22 Billion | ▲ +0.4 pp |
| 2013 | 97.8% | $192.15 Million | $4.14 Million | $2.16 Billion | ▲ +0.4 pp |
| 2012 | 97.4% | $175.82 Million | $4.49 Million | $2.02 Billion | ▲ +0.3 pp |
| 2011 | 97.1% | $166.38 Million | $4.75 Million | $1.96 Billion | ▼ -1.9 pp |
| 2010 | 99.0% | $152.26 Million | $1.46 Million | $1.91 Billion | ▲ +0.1 pp |
| 2009 | 99.0% | $140.82 Million | $1.44 Million | $1.84 Billion | ▲ +0.3 pp |
| 2008 | 98.7% | $125.80 Million | $1.65 Million | $1.67 Billion | ▲ +0.3 pp |
| 2007 | 98.4% | $122.26 Million | $1.98 Million | $1.58 Billion | ▲ +0.4 pp |
| 2006 | 97.9% | $118.13 Million | $2.42 Million | $1.52 Billion | ▲ +0.4 pp |
| 2005 | 97.5% | $117.42 Million | $2.88 Million | $1.52 Billion | ▼ -1.6 pp |
| 2004 | 99.1% | $118.03 Million | $1.02 Million | $1.38 Billion | ▼ -0.7 pp |
| 2003 | 99.8% | $105.86 Million | $166.00K | $1.37 Billion | ▲ +0.3 pp |
| 2002 | 99.6% | $101.40 Million | $418.00K | $1.27 Billion | ▲ +9.9 pp |
| 2001 | 89.7% | $91.50 Million | $9.43 Million | $1.15 Billion | ▲ +2.5 pp |
| 2000 | 87.2% | $80.78 Million | $10.36 Million | $1.08 Billion | ▼ -12.8 pp |
| 1999 | 100.0% | $72.29 Million | $0.00 | $1.00 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $77.10 Million | $0.00 | $939.00 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $73.90 Million | $0.00 | $831.60 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $74.30 Million | $0.00 | $652.60 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $67.50 Million | $0.00 | $789.80 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $58.40 Million | $0.00 | $746.40 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $50.10 Million | $0.00 | $733.40 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $39.70 Million | $0.00 | $722.40 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $34.90 Million | $0.00 | $769.90 Million | — |