AROW Q1 2021 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$36M+1.1% YoY

Gross Profit

$35M97.5% margin

Operating Income

$17M46.1% margin

Net Income

$13M36.6% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$19M

Stock-Based Comp.

$202,000

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.6B

Stockholders' Equity

$342M

Cash & Equivalents

$452M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$36M	+1.1%
Gross Profit	$35M	$28M	+26.8%
Operating Income	$17M	$10M	+64.5%
Net Income	$13M	$8M	+63.4%

Revenue Segments

Deposit Account

$3M52%

Fiduciary and Trust

$2M48%