AROW Q3 2018 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$32M+10.8% YoY

Gross Profit

$28M87.2% margin

Operating Income

$12M36.9% margin

Net Income

$9M29.1% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$12M

Stock-Based Comp.

$89,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$265M

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$29M	+10.8%
Gross Profit	$28M	$26M	+6.8%
Operating Income	$12M	$10M	+12.4%
Net Income	$9M	$7M	+24.9%

Revenue Segments

Deposit Account

$3M54%

Fiduciary and Trust

$2M46%