Arrow Financial Corporation reported second quarter 2026 net income of $11.0 million, or $0.66 per diluted share, down from $13.5 million in the prior quarter. Results were impacted by $1.0 million in merger-related expenses from the July 1, 2026, acquisition of Adirondack Bancorp, Inc. and a $1.6 million specific reserve for a commercial real estate credit following a borrower bankruptcy. The company also declared a quarterly cash dividend of $0.30 per share, payable August 25, 2026, to shareholders of record on August 11, 2026. The Adirondack acquisition adds approximately $1.0 billion in assets and 19 branch locations. Arrow Financial Corporation is a financial holding company that operates a full-service commercial bank and an insurance agency.
