AROW Q4 2022 Earnings — Arrow Financial Corporation Revenue & Financial Results | Market Cap Arena

AROWArrow Financial Corporation

$546M

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$43M+19.8% YoY

Gross Profit

$36M84.4% margin

Operating Income

$16M36.1% margin

Net Income

$12M28.1% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$8M

Stock-Based Comp.

$236,000

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.6B

Stockholders' Equity

$354M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$43M	$36M	+19.8%
Gross Profit	$36M	$34M	+6.1%
Operating Income	$16M	$13M	+16.2%
Net Income	$12M	$10M	+17.2%

Revenue Segments

Deposit Account

$3M55%

Fiduciary and Trust

$2M45%