Earnings Snapshot: Arrow Financial Corp. reports $12.1 million Q4 earnings
The Glens Falls, New York-based Arrow Financial reported profit of 73 cents per share
By AP News
Published - Jan 30, 2023, 10:09 AM ET
Last Updated - Jun 23, 2023, 12:18 AM EDT
GLENS FALLS, N.Y. (AP) _ Arrow Financial Corp. (AROW) on Monday reported fourth-quarter earnings of $12.1 million.
The Glens Falls, New York-based bank said it had earnings of 73 cents per share.
The bank holding company posted revenue of $43.1 million in the period. Its revenue net of interest expense was $37.7 million, which fell short of Street forecasts.
For the year, the company reported profit of $48.8 million, or $2.95 per share. Revenue was reported as $149.2 million.