AROW Q2 2021 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M+8.6% YoY

Gross Profit

$37M95.8% margin

Operating Income

$17M45.8% margin

Net Income

$13M34.8% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

+5.2%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$19M

Stock-Based Comp.

$194,000

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$3.5B

Stockholders' Equity

$353M

Cash & Equivalents

$478M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$35M	+8.6%
Gross Profit	$37M	$29M	+26.3%
Operating Income	$17M	$12M	+49.2%
Net Income	$13M	$9M	+45.0%

Revenue Segments

Deposit Account

$3M53%

Fiduciary and Trust

$3M47%