Latest period
16.4M
YoY change
-1.4%
5Y CAGR
-0.5%
Peak year (FY1998)
22.6M
Latest annual
16.5M
Shares Outstanding history chart for Arrow Financial (AROW) from 2016 to 2025
Latest: 16.5M
Shares Outstanding growth chart for Arrow Financial (AROW) from 2016 to 2025
Latest: -1.4%
Shares Outstanding history table for Arrow Financial (AROW) from 1985 to 2025
| FY2025 | 16.5M | -1.4% | -231K | ||
| FY2024 | 16.7M | -1.7% | -292K | ||
| FY2023 | 17M | -0.1% | -22K | ||
| FY2022 | 17.1M | +0.0% | +7K | ||
| FY2021 | 17.1M | +0.8% | +138K | ||
| FY2020 | 16.9M | +0.3% | +51K | ||
| FY2019 | 16.9M | +3.4% | +557K | ||
| FY2018 | 16.3M | +0.6% | +92K | ||
| FY2017 | 16.2M | +0.8% | +123K | ||
| FY2016 | 16.1M | +1.1% | +174K | ||
| FY2015 | 15.9M | +0.4% | +69K | ||
| FY2014 | 15.8M | +0.5% | +75K | ||
| FY2013 | 15.8M | +0.6% | +89K | ||
| FY2012 | 15.7M | -2.6% | -423K | ||
| FY2011 | 16.1M | +0.9% | +148K | ||
| FY2010 | 16M | +3.2% | +490K | ||
| FY2009 | 15.5M | +0.1% | +17K | ||
| FY2008 | 15.5M | -4.4% | -709K | ||
| FY2007 | 16.2M | -2.5% | -421K | ||
| FY2006 | 16.6M | -1.5% | -261K | ||
| FY2005 | 16.8M | -9.2% | -1.7M | ||
| FY2004 | 18.5M | +12.4% | +2.04M | ||
| FY2003 | 16.5M | -1.1% | -190K | ||
| FY2002 | 16.7M | -7.5% | -1.35M | ||
| FY2001 | 18M | +3.8% | +658K | ||
| FY2000 | 17.4M | -3.4% | -603K | ||
| FY1999 | 18M | -20.3% | -4.57M | ||
| FY1998 | 22.6M | +19.2% | +3.63M | ||
| FY1997 | 18.9M | -5.5% | -1.1M | ||
| FY1996 | 20M | -2.1% | -437K | ||
| FY1995 | 20.5M | -3.2% | -667K | ||
| FY1994 | 21.1M | +3.9% | +795K | ||
| FY1993 | 20.3M | +1.9% | +384K | ||
| FY1992 | 20M | +3.3% | +646K | ||
| FY1991 | 19.3M | +3.1% | +585K | ||
| FY1990 | 18.7M | +87.7% | +8.75M | ||
| FY1989 | 9.98M | +5.9% | +557K | ||
| FY1988 | 9.42M | -4.7% | -467K | ||
| FY1987 | 9.89M | +1.1% | +108K | ||
| FY1986 | 9.78M | +7.5% | +684K | ||
| FY1985 | 9.1M | — | — |
- FY202516.5M-1.4%
- FY202416.7M-1.7%
- FY202317M-0.1%
- FY202217.1M+0.0%
- FY202117.1M+0.8%
- FY202016.9M+0.3%
- FY201916.9M+3.4%
- FY201816.3M+0.6%
- FY201716.2M+0.8%
- FY201616.1M+1.1%
- FY201515.9M+0.4%
- FY201415.8M+0.5%
- FY201315.8M+0.6%
- FY201215.7M-2.6%
- FY201116.1M+0.9%
- FY201016M+3.2%
- FY200915.5M+0.1%
- FY200815.5M-4.4%
- FY200716.2M-2.5%
- FY200616.6M-1.5%
- FY200516.8M-9.2%
- FY200418.5M+12.4%
- FY200316.5M-1.1%
- FY200216.7M-7.5%
- FY200118M+3.8%
- FY200017.4M-3.4%
- FY199918M-20.3%
- FY199822.6M+19.2%
- FY199718.9M-5.5%
- FY199620M-2.1%
- FY199520.5M-3.2%
- FY199421.1M+3.9%
- FY199320.3M+1.9%
- FY199220M+3.3%
- FY199119.3M+3.1%
- FY199018.7M+87.7%
- FY19899.98M+5.9%
- FY19889.42M-4.7%
- FY19879.89M+1.1%
- FY19869.78M+7.5%
- FY19859.1M—
Shares Outstanding values are taken from Arrow Financial's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Shares Outstanding at Arrow Financial (AROW)
According to Arrow Financial's latest reported financial statements, the company's latest reported diluted shares outstanding is 16.4M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Arrow Financial (AROW) most recent annual diluted shares outstanding stands at 16.5M (2025) – edged down 1.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Arrow Financial diluted shares outstanding compounded at -0.5% per year, with a net decline across the window.
Arrow Financial diluted shares outstanding declined from 22.6M in 1998 to 16.5M in 2025, a 26.8% drawdown.
Across the available history, diluted shares outstanding reached its high of 22.6M in 1998 and its low of 9.1M in 1985.
Arrow Financial Shares Outstanding by Year
Arrow Financial Shares Outstanding 2025: 16.5M
Arrow Financial diluted shares outstanding in 2025 was 16.5M, edged down 1.4% below 2024.
Arrow Financial Shares Outstanding 2024: 16.7M
2024's diluted shares outstanding for Arrow Financial came in at 16.7M, edged down 1.7% below 2023.
Arrow Financial Shares Outstanding 2023: 17M
Arrow Financial posted diluted shares outstanding of 17M in 2023, edged down 0.1% below 2022.
Arrow Financial Shares Outstanding 2022: 17.1M
In 2022, Arrow Financial reported diluted shares outstanding of 17.1M, edged up 0.0% from 2021.
Arrow Financial Shares Outstanding 2021: 17.1M
Arrow Financial diluted shares outstanding in 2021 was 17.1M.
See more financial history for Arrow Financial (AROW).
Sector peers by Shares Outstanding
Financial Services peers of Arrow Financial (AROW), ranked by their latest diluted shares outstanding
| 7.55B | |
| 3.22B | |
| 2.79B | |
| 2.16B | |
| 1.97B | |
| 1.59B | |
| 898M | |
| 318M |
- 3.22B
- 2.79B
- 1.97B
- 1.59B
- 898M
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Arrow Financial (AROW) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks1.25% TTM
- Dividend Profile2.95% yield
- Dividend Calculator
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- Stock Split History38 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.