AROW Q3 2021 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$530M

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$38M+4.2% YoY

Gross Profit

$36M96.6% margin

Operating Income

$17M44.8% margin

Net Income

$13M34.6% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$14M

Stock-Based Comp.

$198,000

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.7B

Stockholders' Equity

$360M

Cash & Equivalents

$598M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$36M	+4.2%
Gross Profit	$36M	$31M	+15.7%
Operating Income	$17M	$14M	+21.5%
Net Income	$13M	$11M	+17.6%

Revenue Segments

Deposit Account

$3M54%

Fiduciary and Trust

$3M46%