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Earnings Snapshot: Arrow Financial Corp. reports $12.1 million Q4 earnings
Arrow Financial Corp. reported a profit of $48.8 million for the year.

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.

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