AROW Q3 2019 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$36M+11.9% YoY

Gross Profit

$29M82.7% margin

Operating Income

$13M35.6% margin

Net Income

$10M28.2% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$9M

Stock-Based Comp.

$98,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.8B

Stockholders' Equity

$292M

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$32M	+11.9%
Gross Profit	$29M	$28M	+6.2%
Operating Income	$13M	$12M	+8.1%
Net Income	$10M	$9M	+8.7%

Revenue Segments

Deposit Account

$3M54%

Fiduciary and Trust

$2M46%