AROW Q3 2024 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$546M

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$58M+14.8% YoY

Gross Profit

$36M61.9% margin

Operating Income

$12M20.0% margin

Net Income

$9M15.6% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$8M

Stock-Based Comp.

$184,000

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$4.0B

Stockholders' Equity

$393M

Cash & Equivalents

$340M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$50M	+14.8%
Gross Profit	$36M	$33M	+7.8%
Operating Income	$12M	$10M	+20.6%
Net Income	$9M	$8M	+15.9%

Revenue Segments

Deposit Account

$3M54%

Fiduciary and Trust

$2M46%