AROW Q2 2022 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$546M

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M+0.4% YoY

Gross Profit

$36M93.6% margin

Operating Income

$16M40.5% margin

Net Income

$12M31.2% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$11M

Stock-Based Comp.

$208,000

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.6B

Stockholders' Equity

$356M

Cash & Equivalents

$217M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$38M	+0.4%
Gross Profit	$36M	$37M	-1.9%
Operating Income	$16M	$17M	-11.2%
Net Income	$12M	$13M	-9.8%

Revenue Segments

Deposit Account

$3M55%

Fiduciary and Trust

$3M45%