Arrow Financial: Fourth Quarter Earnings Overview

Arrow Financial Corp. Announces Fourth Quarter Results

Arrow Financial Corp., headquartered in Glens Falls, New York, revealed on Thursday that its net income for the fourth quarter reached $14 million.

The company reported earnings of 85 cents per share for the quarter.

During this period, Arrow Financial generated $62.9 million in total revenue. After accounting for interest expenses, net revenue stood at $43.4 million, exceeding analysts’ expectations.

For the full year, Arrow Financial achieved a profit of $44 million, translating to $2.65 per share, with total revenue amounting to $165.6 million.

Since the start of the year, Arrow Financial’s stock price has risen by just over 3%. Over the past year, shares have appreciated by 17%.