AROW Q1 2022 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$546M

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$37M+2.2% YoY

Gross Profit

$35M94.9% margin

Operating Income

$16M43.9% margin

Net Income

$13M33.9% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$14M

Stock-Based Comp.

$209,000

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$3.8B

Stockholders' Equity

$357M

Cash & Equivalents

$488M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$36M	+2.2%
Gross Profit	$35M	$35M	-0.5%
Operating Income	$16M	$17M	-2.7%
Net Income	$13M	$13M	-5.3%

Revenue Segments

Deposit Account

$3M52%

Fiduciary and Trust

$3M48%