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GLENS FALLS, N.Y. (AP) — GLENS FALLS, N.Y. (AP) — Arrow Financial Corp. (AROW) on Tuesday reported first-quarter net income of $7.7 million.
The Glens Falls, New York-based bank said it had earnings of 45 cents per share.
The bank holding company posted revenue of $54.5 million in the period. Its revenue net of interest expense was $34.3 million, topping Street forecasts.
Arrow Financial shares have dropped 18% since the beginning of the year. The stock has risen almost 8% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROW at https://www.zacks.com/ap/AROW