Arrow Financial Corp income statement

In fiscal 2023, Arrow Financial Corp reported revenue of $134m, down 10.2% on the year before and net income of $30.1m, or $1.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Arrow Financial Corp: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	LTMJun 2024
Revenue	80	80	84	85	84	89	94	99	105	113	117	132	143	149	134	136
Interest expense	26	24	19	12	8	6	5	5	7	12	22	13	5	11	58	77
Net interest income	60	61	58	57	56	61	66	72	78	84	88	99	110	118	105	105
Non-interest income	20	19	26	27	28	28	28	28	28	29	29	33	32	31	29	31
Non-interest expense	47	47	52	52	53	54	57	60	63	65	67	71	78	82	93	94
Provision for credit losses	2	1	1	1	0	2	1	2	3	3	2	9	0	5	3	2
Income tax	10	10	10	10	9	10	11	11	11	9	10	11	15	14	7	8
Net income	22	22	22	22	22	23	25	27	29	36	37	41	50	49	30	32
Diluted EPS	$1.54	$1.54	$1.79	$1.77	$1.70	$1.76	$1.80	$1.86	$1.98	$2.36	$2.36	$2.49	$2.92	$2.86	$1.77	$1.88
Diluted shares (average)	14m	14m	14m	14m	14m	15m	15m	15m	15m	16m	16m	16m	17m	17m	17m	17m

US$ millions unless shown otherwise. Fiscal quarters.

Arrow Financial Corp: income statement, quarterly
Quarter	2022 Q3Sept 2022	2022 Q4Dec 2022	2023 Q1Mar 2023	2023 Q2Jun 2023	2023 Q3Sept 2023	2023 Q4Dec 2023	2024 Q1Mar 2024	2024 Q2Jun 2024
Revenue	39	38	35	33	33	33	34	35
Interest expense	3	5	8	14	17	19	20	21
Net interest income	31	31	28	26	25	26	26	27
Non-interest income	8	7	7	7	8	7	8	8
Non-interest expense	21	21	22	24	23	23	24	23
Provision for credit losses	2	1	2	1	0	1	1	1
Income tax	3	3	2	2	2	2	2	2
Net income	12	12	9	6	8	8	8	9
Diluted EPS	$0.72	$0.71	$0.50	$0.35	$0.46	$0.46	$0.45	$0.52

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Arrow Financial Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Arrow Financial Corp.