AROWArrow Financial Corporation

$530M

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$35M+3.1% YoY

Gross Profit

$29M82.4% margin

Operating Income

$12M33.3% margin

Net Income

$9M26.0% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-2.1%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$231,000

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$3.2B

Stockholders' Equity

$318M

Cash & Equivalents

$253M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$34M	+3.1%
Gross Profit	$29M	$28M	+2.9%
Operating Income	$12M	$11M	+4.3%
Net Income	$9M	$9M	+2.5%

Revenue Segments

Deposit Account

$2M52%

Fiduciary and Trust

$2M48%

AROW Q2 2020 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena