Arrow Financial (AROW) Historical Monthly & Quarterly Returns
Dividend-adjusted returns by month and quarter. Compare performance across years.
Calculated from 47 years of price history (1980–2026), as of .

AROW
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.7% | 0.6% | +0.8% | +9.8% | 0.1% | — | — | — | — | — | — | — |
| 2025 | 7.3% | +2.7% | 2.7% | 6.7% | +6.1% | +2.6% | +1.4% | +12.1% | 4.8% | 1.5% | +9.1% | +4.1% |
| 2024 | 9.8% | 3.7% | +4.3% | 11.0% | +14.0% | +3.8% | +21.0% | 2.3% | 6.0% | +0.5% | +15.6% | 13.0% |
| 2023 | 2.9% | 7.4% | 17.5% | 13.3% | 15.5% | +12.1% | 0.1% | 11.1% | 0.5% | +25.2% | +17.0% | +13.3% |
| 2022 | +0.4% | 2.1% | 5.6% | 3.5% | +6.8% | 4.0% | +5.5% | 3.4% | 7.6% | +20.8% | +1.8% | 3.6% |
| 2021 | 1.7% | +8.4% | +5.4% | +6.2% | +4.9% | 2.4% | +0.3% | +2.2% | 3.3% | +4.3% | 3.8% | +2.9% |
| 2020 | 7.2% | 9.7% | 11.2% | +2.3% | +2.7% | +2.6% | 8.2% | +5.0% | 8.9% | +9.1% | +8.7% | +1.5% |
| 2019 | 0.5% | +12.1% | 7.1% | +2.4% | 4.4% | +8.9% | 4.3% | 3.3% | +7.9% | +5.2% | +2.1% | +6.3% |
| 2018 | 3.4% | 0.8% | +5.3% | +4.3% | +6.4% | 2.7% | +6.3% | +2.4% | 3.2% | 5.1% | 0.3% | 7.9% |
| 2017 | 12.8% | 0.4% | 2.9% | +1.1% | 6.8% | +0.0% | +3.0% | 0.1% | +9.6% | +2.7% | +5.0% | 7.7% |
| 2016 | +1.3% | 4.9% | +2.6% | +6.0% | +3.2% | +5.2% | +4.3% | +3.6% | +4.3% | 3.7% | +20.6% | +7.0% |
| 2015 | 7.0% | +5.5% | +1.7% | 4.0% | +0.7% | +4.1% | +1.9% | +0.0% | 0.1% | +3.4% | +3.1% | 3.6% |
| 2014 | 6.1% | +5.9% | +1.3% | 5.3% | +4.5% | +0.2% | 2.1% | +6.0% | 4.0% | +9.3% | 5.6% | +7.5% |
| 2013 | 2.2% | +0.5% | +1.6% | 1.8% | +2.9% | +0.5% | +6.1% | 2.2% | +2.0% | +1.7% | +8.5% | 4.2% |
| 2012 | +12.0% | 7.3% | +1.4% | 1.8% | +0.8% | +1.4% | +0.6% | +1.6% | +4.3% | 2.4% | +2.3% | +1.2% |
| 2011 | 17.6% | +10.4% | +0.0% | +0.4% | 1.2% | +0.8% | 1.5% | 0.4% | 3.4% | +4.9% | +2.7% | 1.0% |
| 2010 | +4.0% | 2.7% | +7.4% | +3.4% | 8.3% | 8.3% | +9.1% | 8.6% | +13.4% | 2.8% | +14.6% | 0.6% |
| 2009 | 6.4% | +1.4% | +0.5% | +11.8% | 5.2% | +8.8% | +3.8% | 2.9% | +4.4% | 6.9% | 0.6% | +0.0% |
| 2008 | +2.5% | 3.7% | +7.5% | +3.3% | 2.0% | 19.5% | +26.1% | +8.0% | +20.5% | 11.6% | +11.5% | 12.4% |
| 2007 | 0.5% | 8.1% | +0.0% | 0.9% | +1.2% | 0.9% | 6.6% | +11.2% | +1.7% | +1.0% | 3.5% | +0.0% |
| 2006 | +3.7% | 0.1% | +2.1% | 1.3% | 7.8% | +11.2% | 2.6% | +1.9% | 3.1% | +0.3% | 3.5% | +2.1% |
| 2005 | 6.5% | 3.5% | 1.8% | 9.7% | +9.8% | +4.1% | +4.5% | 2.7% | 0.4% | 0.8% | +4.6% | 6.2% |
| 2004 | +1.3% | +8.9% | 1.1% | 4.4% | +4.0% | +2.9% | 8.2% | +8.1% | +3.2% | 3.0% | +11.2% | 3.5% |
| 2003 | 4.9% | 2.9% | +1.7% | +0.9% | +14.5% | +1.9% | +0.2% | 3.4% | +1.5% | +5.8% | +1.1% | +0.7% |
| 2002 | +2.0% | 2.9% | +0.6% | +5.8% | 1.9% | +14.9% | +0.2% | 5.0% | 10.6% | +13.2% | +1.4% | 0.9% |
| 2001 | 3.0% | +22.0% | 10.0% | +6.5% | +15.4% | +1.8% | +10.4% | 2.9% | +4.4% | +6.2% | +6.2% | 2.0% |
| 2000 | 2.4% | 1.4% | 1.1% | 15.7% | 1.7% | +0.9% | +2.2% | +4.3% | +5.3% | +1.6% | +0.0% | +16.5% |
| 1999 | +4.1% | +2.3% | 0.3% | +0.0% | 1.0% | 1.6% | 1.6% | +1.3% | +0.0% | 3.9% | +1.0% | 2.7% |
| 1998 | 9.3% | +0.3% | +3.3% | +8.0% | 4.1% | 4.9% | +13.9% | 19.0% | +14.0% | 8.0% | 0.3% | 0.7% |
| 1997 | +3.3% | +0.9% | +0.9% | +1.3% | +3.9% | +6.7% | 2.4% | 0.4% | +13.4% | +14.3% | +14.1% | 8.5% |
| 1996 | 3.4% | +9.8% | +5.1% | +5.5% | +3.4% | 2.8% | 5.1% | +7.2% | +6.2% | +11.1% | +3.8% | 1.4% |
| 1995 | +0.0% | +3.4% | 1.6% | 2.5% | 1.7% | +2.6% | +5.9% | +4.8% | +3.8% | +3.7% | +4.3% | +0.7% |
| 1994 | +0.0% | +0.7% | 9.7% | 2.1% | +36.3% | +2.8% | +4.5% | +6.0% | 4.9% | 6.8% | +2.8% | +5.4% |
| 1993 | +27.1% | +4.7% | +4.5% | 2.2% | +7.7% | 5.1% | +6.5% | +0.0% | +10.8% | +4.0% | 5.1% | +0.0% |
| 1992 | +9.0% | +9.0% | +20.0% | 1.7% | +1.8% | +31.6% | 24.0% | +0.0% | 10.3% | +20.5% | +10.6% | 2.9% |
| 1991 | +3.7% | +8.9% | +5.0% | 4.8% | 17.9% | 20.7% | +9.2% | 11.5% | +7.6% | 3.2% | 15.9% | 3.9% |
| 1990 | 6.8% | +5.5% | 9.7% | 1.7% | 3.3% | +29.2% | 30.8% | 10.2% | 6.7% | 4.6% | 2.5% | +0.0% |
| 1989 | +44.8% | 1.6% | 28.7% | +40.2% | +3.3% | 25.7% | +6.4% | 2.2% | +4.2% | 0.2% | 4.8% | 0.5% |
| 1988 | +9.5% | +3.1% | 6.0% | +49.4% | 28.0% | 4.6% | +3.5% | +0.8% | +1.7% | +1.4% | +4.3% | 4.2% |
| 1987 | +4.0% | 3.6% | +54.0% | 31.4% | +39.4% | +0.9% | 22.7% | +5.8% | 1.9% | 18.6% | 3.3% | +3.4% |
| 1986 | +22.9% | +18.7% | 32.6% | +77.8% | 31.6% | +7.9% | 9.0% | +47.5% | 34.2% | +58.9% | 4.3% | 32.9% |
| 1985 | +78.5% | +2.3% | +1.1% | +30.0% | +2.5% | +5.6% | 15.3% | +9.1% | +7.0% | +58.5% | 25.1% | +57.2% |
| 1984 | +6.7% | +57.2% | 35.6% | 1.2% | +55.3% | 36.0% | +55.1% | +0.0% | +0.0% | +0.0% | 35.1% | +3.8% |
| 1983 | +11.4% | 41.7% | +81.5% | 38.2% | +79.4% | +3.3% | +3.2% | +3.1% | 39.8% | +1.7% | +73.2% | 30.0% |
| 1982 | +71.2% | 43.1% | +10.8% | +2.4% | +78.9% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +4.5% |
| 1981 | +5.5% | +0.0% | +2.6% | +0.8% | 43.5% | +71.2% | 41.6% | +71.2% | 41.6% | +71.2% | +0.0% | 41.6% |
| 1980 | — | — | — | — | — | — | — | — | — | +0.0% | 38.3% | +71.4% |
| Avg | +4.7% | +1.1% | +1.0% | +2.5% | +4.9% | +2.5% | +0.6% | +2.9% | 1.0% | +6.0% | +2.4% | +0.3% |
| Median | +0.2% | +0.4% | +0.8% | +0.2% | +2.1% | +1.8% | +1.4% | +0.0% | +0.0% | +1.5% | +1.9% | 0.5% |
| Win % | 50% | 52% | 57% | 50% | 59% | 64% | 60% | 49% | 49% | 59% | 59% | 39% |
2026
2025
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2023
2022
2021
2020
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2015
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2012
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1982
1981
1980
Avg
Median
Win %
Frequently asked questions
What is the best performing month for Arrow Financial (AROW) stock?
Historically, October is the best performing month for Arrow Financial (AROW) stock with an average return of +6.02%.
What is the worst performing month for Arrow Financial (AROW) stock?
Historically, September is the worst performing month for Arrow Financial (AROW) stock with an average return of 0.98%.
What is the best performing quarter for Arrow Financial (AROW) stock?
Historically, Q2 is the best performing quarter for Arrow Financial (AROW) stock with an average return of +6.81%.
What is the worst performing quarter for Arrow Financial (AROW) stock?
Historically, Q3 is the worst performing quarter for Arrow Financial (AROW) stock with an average return of +1.66%.
What is the best performing year for Arrow Financial (AROW) stock?
Historically, 1985 is the best performing year for Arrow Financial (AROW) stock with a return of +380.33%.
What is the worst performing year for Arrow Financial (AROW) stock?
Historically, 1990 is the worst performing year for Arrow Financial (AROW) stock with a return of 41.18%.
Which month has the highest win rate for Arrow Financial (AROW) stock?
Historically, June has the highest win rate for Arrow Financial (AROW) stock — positive in 64% of years.
Which month has the lowest win rate for Arrow Financial (AROW) stock?
Historically, December has the lowest win rate for Arrow Financial (AROW) stock — positive in 39% of years.
Which quarter has the highest win rate for Arrow Financial (AROW) stock?
Historically, Q4 has the highest win rate for Arrow Financial (AROW) stock — positive in 65% of years.
Which quarter has the lowest win rate for Arrow Financial (AROW) stock?
Historically, Q1 has the lowest win rate for Arrow Financial (AROW) stock — positive in 57% of years.
Data & methodology
How are returns calculated?
We compare the closing price at the end of each period (month or quarter) with the closing price at the end of the previous period. The return is the percentage change. All prices are adjusted for dividends and stock splits. Based on historical prices from our data provider.
What is average vs median?
Average is the arithmetic mean of returns for each period across years. Median is the middle value. Both exclude empty cells. Use median to reduce impact of outliers.
What does the heatmap show?
Green cells indicate positive returns, red cells indicate negative returns. The darker the color, the stronger the move. Average and Median rows summarize each column across years.
What is Win %?
Percentage of years when the period had a positive return. For example, 80% for January means January was positive in 80% of the years in the selected range.
Explore more
AROW Overview
Company profile, financial tools, and key metrics
AROW Revenue Counter
Earns $7.83 every second. See per minute, hour, and day.
AROW Earnings Counter
Earns $1.62 per second net profit. See per minute, hour, and day.
AROW Economic Scale
Exceeds Nauru's GDP. Compare with world economies.
AROW What If Invested
What if you had invested $1,000? See historical returns from any date.
AROW How It Makes Money
Discover visual breakdown of $246.80M in revenue — where it comes from and where it goes.
AROW Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
AROW Daily Price Character
Explosive · 42.5% historical win rate (green days). Streaks & record days.
AROW Buybacks
1.25% TTM buyback yield. Shareholder yield & SBC comparison.
AROW Stock Split History
38 splits on record. Dates, ratios, and cumulative multiple.
AROW Dividend Profile
Yield: 3.20%. Safety: 6/8. See full history.
AROW Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
AROW Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
AROW Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
AROW Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.