AROW Q3 2020 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$36M+1.0% YoY

Gross Profit

$31M87.0% margin

Operating Income

$14M38.4% margin

Net Income

$11M30.7% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$10M

Stock-Based Comp.

$106,000

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.5B

Stockholders' Equity

$326M

Cash & Equivalents

$451M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$36M	+1.0%
Gross Profit	$31M	$29M	+6.3%
Operating Income	$14M	$13M	+9.1%
Net Income	$11M	$10M	+9.7%

Revenue Segments

Deposit Account

$3M54%

Fiduciary and Trust

$2M46%