GLENS FALLS -- Arrow Financial Corporation (NasdaqGS® – AROW) was recently recognized in Bank Director Magazine’s annual “Bank Performance Scorecard” as one of the top-performing banks in the country.
Arrow Financial Corporation ranked 38th out of the top 130 U.S. banks with $1 billion to $5 billion in assets, based on profitability, capitalization and asset quality. It earned the highest ranking among its peers in New York State.
As in previous years, Sandler O’Neill constructed the rankings using 2014 financial data. The Bank Director Scorecard was published in the magazine’s third-quarter 2015 edition; it can be found online at bankdirector.com.