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Arrow Financial (AROW) Competitors

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$38.48 +0.15 (+0.39%)
As of 08/21/2026 04:00 PM Eastern

AROW vs. BUSE, CTBI, FCBC, GSBC, and MBWM

Should you buy Arrow Financial stock or one of its competitors? Arrow Financial's main competitors and comparable companies include First Busey (BUSE), Community Trust Bancorp (CTBI), First Community Bancshares (FCBC), Great Southern Bancorp (GSBC), and Mercantile Bank (MBWM). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does Arrow Financial compare to First Busey?

First Busey (NASDAQ:BUSE) and Arrow Financial (NASDAQ:AROW) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, media sentiment, institutional ownership and valuation.

First Busey has higher revenue and earnings than Arrow Financial. Arrow Financial is trading at a lower price-to-earnings ratio than First Busey, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$1.04B2.40$135.26M$2.4212.52
Arrow Financial$175.20M4.07$43.95M$3.1012.41

First Busey currently has a consensus target price of $32.00, indicating a potential upside of 5.61%. Arrow Financial has a consensus target price of $40.83, indicating a potential upside of 6.12%. Given Arrow Financial's higher possible upside, analysts plainly believe Arrow Financial is more favorable than First Busey.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

First Busey has a beta of 0.72, indicating that its share price is 28% less volatile than the broader market. Comparatively, Arrow Financial has a beta of 0.76, indicating that its share price is 24% less volatile than the broader market.

First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.4%. Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. First Busey pays out 43.0% of its earnings in the form of a dividend. Arrow Financial pays out 38.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. First Busey has raised its dividend for 10 consecutive years and Arrow Financial has raised its dividend for 7 consecutive years. First Busey is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, First Busey had 2 more articles in the media than Arrow Financial. MarketBeat recorded 3 mentions for First Busey and 1 mentions for Arrow Financial. Arrow Financial's average media sentiment score of 1.29 beat First Busey's score of 0.82 indicating that Arrow Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Busey
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Arrow Financial
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Busey has a net margin of 21.00% compared to Arrow Financial's net margin of 20.56%. Arrow Financial's return on equity of 12.13% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey21.00% 10.48% 1.40%
Arrow Financial 20.56%12.13%1.17%

56.5% of First Busey shares are held by institutional investors. Comparatively, 46.7% of Arrow Financial shares are held by institutional investors. 3.8% of First Busey shares are held by insiders. Comparatively, 3.5% of Arrow Financial shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

First Busey beats Arrow Financial on 13 of the 20 factors compared between the two stocks.

How does Arrow Financial compare to Community Trust Bancorp?

Arrow Financial (NASDAQ:AROW) and Community Trust Bancorp (NASDAQ:CTBI) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, media sentiment, dividends, valuation, analyst recommendations, institutional ownership, risk and profitability.

Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. Community Trust Bancorp pays an annual dividend of $2.12 per share and has a dividend yield of 2.8%. Arrow Financial pays out 38.7% of its earnings in the form of a dividend. Community Trust Bancorp pays out 35.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Arrow Financial has raised its dividend for 7 consecutive years and Community Trust Bancorp has raised its dividend for 44 consecutive years.

Arrow Financial has a beta of 0.76, suggesting that its share price is 24% less volatile than the broader market. Comparatively, Community Trust Bancorp has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market.

Community Trust Bancorp has higher revenue and earnings than Arrow Financial. Arrow Financial is trading at a lower price-to-earnings ratio than Community Trust Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Arrow Financial$175.20M4.07$43.95M$3.1012.41
Community Trust Bancorp$409.34M3.40$98.06M$5.9712.82

In the previous week, Community Trust Bancorp had 3 more articles in the media than Arrow Financial. MarketBeat recorded 4 mentions for Community Trust Bancorp and 1 mentions for Arrow Financial. Arrow Financial's average media sentiment score of 1.29 beat Community Trust Bancorp's score of 0.96 indicating that Arrow Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Arrow Financial
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Community Trust Bancorp
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Community Trust Bancorp has a net margin of 25.55% compared to Arrow Financial's net margin of 20.56%. Community Trust Bancorp's return on equity of 12.52% beat Arrow Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Arrow Financial20.56% 12.13% 1.17%
Community Trust Bancorp 25.55%12.52%1.60%

46.7% of Arrow Financial shares are held by institutional investors. Comparatively, 60.2% of Community Trust Bancorp shares are held by institutional investors. 3.5% of Arrow Financial shares are held by insiders. Comparatively, 2.6% of Community Trust Bancorp shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Arrow Financial currently has a consensus target price of $40.83, indicating a potential upside of 6.12%. Community Trust Bancorp has a consensus target price of $81.50, indicating a potential upside of 6.51%. Given Community Trust Bancorp's stronger consensus rating and higher possible upside, analysts clearly believe Community Trust Bancorp is more favorable than Arrow Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Community Trust Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75

Summary

Community Trust Bancorp beats Arrow Financial on 14 of the 20 factors compared between the two stocks.

How does Arrow Financial compare to First Community Bancshares?

Arrow Financial (NASDAQ:AROW) and First Community Bancshares (NASDAQ:FCBC) are both small-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, dividends, valuation, media sentiment, analyst recommendations, earnings and institutional ownership.

Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. First Community Bancshares pays an annual dividend of $1.32 per share and has a dividend yield of 2.7%. Arrow Financial pays out 38.7% of its earnings in the form of a dividend. First Community Bancshares pays out 41.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Arrow Financial has increased its dividend for 7 consecutive years and First Community Bancshares has increased its dividend for 13 consecutive years. Arrow Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.

46.7% of Arrow Financial shares are held by institutional investors. Comparatively, 35.0% of First Community Bancshares shares are held by institutional investors. 3.5% of Arrow Financial shares are held by company insiders. Comparatively, 3.7% of First Community Bancshares shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Arrow Financial presently has a consensus price target of $40.83, suggesting a potential upside of 6.12%. Given Arrow Financial's stronger consensus rating and higher probable upside, equities analysts plainly believe Arrow Financial is more favorable than First Community Bancshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
First Community Bancshares
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Arrow Financial had 1 more articles in the media than First Community Bancshares. MarketBeat recorded 1 mentions for Arrow Financial and 0 mentions for First Community Bancshares. Arrow Financial's average media sentiment score of 1.29 beat First Community Bancshares' score of 0.00 indicating that Arrow Financial is being referred to more favorably in the media.

Company Overall Sentiment
Arrow Financial Positive
First Community Bancshares Neutral

First Community Bancshares has a net margin of 28.84% compared to Arrow Financial's net margin of 20.56%. Arrow Financial's return on equity of 12.13% beat First Community Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Arrow Financial20.56% 12.13% 1.17%
First Community Bancshares 28.84%10.67%1.61%

First Community Bancshares has higher revenue and earnings than Arrow Financial. Arrow Financial is trading at a lower price-to-earnings ratio than First Community Bancshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Arrow Financial$175.20M4.07$43.95M$3.1012.41
First Community Bancshares$185.42M5.02$48.79M$3.1715.52

Arrow Financial has a beta of 0.76, suggesting that its stock price is 24% less volatile than the broader market. Comparatively, First Community Bancshares has a beta of 0.48, suggesting that its stock price is 52% less volatile than the broader market.

Summary

Arrow Financial beats First Community Bancshares on 10 of the 19 factors compared between the two stocks.

How does Arrow Financial compare to Great Southern Bancorp?

Great Southern Bancorp (NASDAQ:GSBC) and Arrow Financial (NASDAQ:AROW) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, analyst recommendations, media sentiment, risk, earnings and profitability.

Great Southern Bancorp pays an annual dividend of $1.72 per share and has a dividend yield of 2.2%. Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. Great Southern Bancorp pays out 28.6% of its earnings in the form of a dividend. Arrow Financial pays out 38.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Arrow Financial has increased its dividend for 7 consecutive years. Arrow Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Great Southern Bancorp has higher revenue and earnings than Arrow Financial. Arrow Financial is trading at a lower price-to-earnings ratio than Great Southern Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Great Southern Bancorp$342.78M2.52$70.97M$6.0213.14
Arrow Financial$175.20M4.07$43.95M$3.1012.41

Great Southern Bancorp has a beta of 0.49, indicating that its stock price is 51% less volatile than the broader market. Comparatively, Arrow Financial has a beta of 0.76, indicating that its stock price is 24% less volatile than the broader market.

Great Southern Bancorp presently has a consensus target price of $74.00, suggesting a potential downside of 6.47%. Arrow Financial has a consensus target price of $40.83, suggesting a potential upside of 6.12%. Given Arrow Financial's stronger consensus rating and higher probable upside, analysts clearly believe Arrow Financial is more favorable than Great Southern Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Great Southern Bancorp
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Great Southern Bancorp had 2 more articles in the media than Arrow Financial. MarketBeat recorded 3 mentions for Great Southern Bancorp and 1 mentions for Arrow Financial. Arrow Financial's average media sentiment score of 1.29 beat Great Southern Bancorp's score of 0.56 indicating that Arrow Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Great Southern Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Arrow Financial
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Great Southern Bancorp has a net margin of 20.72% compared to Arrow Financial's net margin of 20.56%. Arrow Financial's return on equity of 12.13% beat Great Southern Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Great Southern Bancorp20.72% 10.83% 1.22%
Arrow Financial 20.56%12.13%1.17%

41.7% of Great Southern Bancorp shares are held by institutional investors. Comparatively, 46.7% of Arrow Financial shares are held by institutional investors. 29.8% of Great Southern Bancorp shares are held by company insiders. Comparatively, 3.5% of Arrow Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Arrow Financial beats Great Southern Bancorp on 10 of the 19 factors compared between the two stocks.

How does Arrow Financial compare to Mercantile Bank?

Mercantile Bank (NASDAQ:MBWM) and Arrow Financial (NASDAQ:AROW) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, analyst recommendations, institutional ownership, risk, earnings, valuation and dividends.

Mercantile Bank has higher revenue and earnings than Arrow Financial. Mercantile Bank is trading at a lower price-to-earnings ratio than Arrow Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Mercantile Bank$371.80M2.77$88.75M$5.6810.49
Arrow Financial$175.20M4.07$43.95M$3.1012.41

Mercantile Bank currently has a consensus target price of $60.40, suggesting a potential upside of 1.33%. Arrow Financial has a consensus target price of $40.83, suggesting a potential upside of 6.12%. Given Arrow Financial's higher possible upside, analysts plainly believe Arrow Financial is more favorable than Mercantile Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mercantile Bank
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Arrow Financial
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Mercantile Bank and Mercantile Bank both had 1 articles in the media. Arrow Financial's average media sentiment score of 1.29 beat Mercantile Bank's score of 1.10 indicating that Arrow Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Mercantile Bank
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Arrow Financial
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Mercantile Bank has a beta of 0.79, meaning that its stock price is 21% less volatile than the broader market. Comparatively, Arrow Financial has a beta of 0.76, meaning that its stock price is 24% less volatile than the broader market.

Mercantile Bank has a net margin of 24.75% compared to Arrow Financial's net margin of 20.56%. Mercantile Bank's return on equity of 13.66% beat Arrow Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Mercantile Bank24.75% 13.66% 1.46%
Arrow Financial 20.56%12.13%1.17%

58.6% of Mercantile Bank shares are owned by institutional investors. Comparatively, 46.7% of Arrow Financial shares are owned by institutional investors. 2.5% of Mercantile Bank shares are owned by insiders. Comparatively, 3.5% of Arrow Financial shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Mercantile Bank pays an annual dividend of $1.56 per share and has a dividend yield of 2.6%. Arrow Financial pays an annual dividend of $1.20 per share and has a dividend yield of 3.1%. Mercantile Bank pays out 27.5% of its earnings in the form of a dividend. Arrow Financial pays out 38.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Mercantile Bank has increased its dividend for 14 consecutive years and Arrow Financial has increased its dividend for 7 consecutive years.

Summary

Mercantile Bank beats Arrow Financial on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AROW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AROW vs. The Competition

MetricArrow FinancialBanks IndustryFinance SectorNASDAQ Exchange
Market Cap$712.80M$22.36B$13.63B$12.85B
Dividend Yield3.13%3.18%5.89%10.78%
P/E Ratio12.4127.5729.6124.25
Price / Sales4.079.32521.30100.86
Price / Cash12.6016.0638.1953.99
Price / Book1.601.362.186.20
Net Income$43.95M$2.58B$1.31B$348.59M
7 Day Performance-1.96%-1.08%-0.30%0.08%
1 Month Performance-1.69%2.22%2.37%3.88%
1 Year Performance30.97%22.90%9.68%16.98%

Arrow Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AROW
Arrow Financial
3.9888 of 5 stars
$38.48
+0.4%
$40.83
+6.1%
+31.0%$712.80M$175.20M12.41510
BUSE
First Busey
4.4329 of 5 stars
$31.08
-0.5%
$32.00
+3.0%
+25.4%$2.57B$789.53M12.841,948
CTBI
Community Trust Bancorp
3.8916 of 5 stars
$78.48
-0.5%
$81.50
+3.8%
+30.5%$1.43B$409.34M13.15980
FCBC
First Community Bancshares
2.6594 of 5 stars
$49.18
-0.7%
N/A+28.4%$936.44M$185.42M15.51630
GSBC
Great Southern Bancorp
1.8702 of 5 stars
$80.39
-1.5%
$74.00
-7.9%
+26.3%$889.13M$342.78M13.351,075

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This page (NASDAQ:AROW) was last updated on 8/23/2026 by MarketBeat.com Staff.
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