Earnings Summary

Arrow Financial Corp’s revenue jumped 2.62% since last year same period to $37.74Mn in the Q2 2023. On a quarterly growth basis, Arrow Financial Corp has generated 8.55% jump in its revenue since last 3-months.

Arrow Financial Corp’s net profit jumped 0.94% since last year same period to $12.09Mn in the Q2 2023. On a quarterly growth basis, Arrow Financial Corp has generated 41.17% jump in its net profits since last 3-months.

Arrow Financial Corp’s net profit margin fell -1.63% since last year same period to 32.02% in the Q2 2023. On a quarterly growth basis, Arrow Financial Corp has generated 30.05% jump in its net profit margins since last 3-months.

Arrow Financial Corp’s earning per share (EPS) estimates for the current quarter stand at 0.8 - a 17.65% jump from last quarter’s estimates.

Arrow Financial Corp’s earning per share (EPS) estimates for the current year stand at 0.8.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Arrow Financial Corp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Arrow Financial Corp’s return on equity (ROE) stands at 0.11.

Arrow Financial Corp declared 0.27 dividend per share during the earnings announcement for Q1 2023.