AROW Q1 2020 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$36M+8.5% YoY

Gross Profit

$28M77.8% margin

Operating Income

$10M28.3% margin

Net Income

$8M22.6% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$12M

Stock-Based Comp.

$103,000

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$3.0B

Stockholders' Equity

$309M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$33M	+8.5%
Gross Profit	$28M	$28M	+1.4%
Operating Income	$10M	$11M	-6.5%
Net Income	$8M	$9M	-6.9%

Revenue Segments

Deposit Account

$2M53%

Fiduciary and Trust

$2M47%