AROW Q2 2019 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q2 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$34M+8.3% YoY

Gross Profit

$28M82.5% margin

Operating Income

$11M32.9% margin

Net Income

$9M26.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$229,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$285M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$32M	+8.3%
Gross Profit	$28M	$28M	-0.3%
Operating Income	$11M	$12M	-6.7%
Net Income	$9M	$10M	-8.2%

Revenue Segments

Deposit Account

$3M53%

Fiduciary and Trust

$2M47%