E Daily Stock Pick: Arrow Financial Corporation

This week, I'm looking for the third financial services sector representative of seven for my Ivy portfolio.

Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

Today I'm reviewing a small-cap bank - regional -US named Arrow Financial Corp. Its trading ticker symbol is AROW.

Arrow Financial Corp is a holding company of two nationally chartered banks in the United States, Glens Falls National, and Saratoga National. The company provides various advisory and administrative services and coordinates the general policies and operation of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments and other. The significant source of company's revenue is interest income, fees, and commissions earned through its subsidiaries.

Additionally, the company offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust.

It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. The company owns 29 branch banking offices; and leases 11 branch banking offices, as well as 2 residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

I use three key data points to gauge the value of any dividend equity-like Arrow Financial Corporation:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

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Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts.com; www.finance.yahoo.com; analyst target ...

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