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Arrow Financial ( (AROW) ) has shared an announcement.
Arrow Financial Corporation said on February 25, 2026, that it signed an agreement to acquire Adirondack Bancorp in a two-step merger, followed by the combination of Adirondack Bank into Arrow Bank National Association. Adirondack shareholders are set to receive Arrow stock and cash, while governance plans include adding Adirondack’s CEO Rocco Arcuri Sr. to Arrow’s boards and naming him Regional President, underscoring Arrow’s push to expand its banking footprint.
The deal, which is structured as a tax-free reorganization, is subject to Adirondack shareholder approval, multiple bank regulatory clearances and Nasdaq listing of the new Arrow shares. Arrow has secured voting and lock-up agreements from key Adirondack shareholders to support the transaction and manage post-closing share sales, signaling strong deal support but leaving completion dependent on customary regulatory and closing conditions.
The most recent analyst rating on (AROW) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Arrow Financial stock, see the AROW Stock Forecast page.
Spark’s Take on AROW Stock
According to Spark, TipRanks’ AI Analyst, AROW is a Outperform.
The score is driven primarily by solid financial fundamentals (strong balance sheet with very low leverage and stable profitability) and supportive technicals (price holding above key moving averages with positive MACD). Valuation and yield are reasonable, and recent corporate news (record earnings and a dividend increase) adds a positive tailwind.
To see Spark’s full report on AROW stock, click here.
More about Arrow Financial
Arrow Financial Corporation is a New York-based financial holding company operating through its banking subsidiary, Arrow Bank National Association. The group focuses on commercial and consumer banking services in its regional markets, competing with other community and regional banks for deposits, lending relationships and fee-based financial services across upstate New York.
Average Trading Volume: 76,992
Technical Sentiment Signal: Buy
Current Market Cap: $552.6M
For a thorough assessment of AROW stock, go to TipRanks’ Stock Analysis page.

