Arrow Financial (AROW) Reports Q3 EPS of $0.46

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Go back to Arrow Financial (AROW) Reports Q3 EPS of $0.46

Arrow Reports Net Income of $5.9 Million, Strong Loan Growth for Third Quarter

October 20, 2015 10:44 AM EDT

GLENS FALLS, N.Y., Oct. 20, 2015 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® AROW) announced operating results for the three- and nine-month periods ended September 30, 2015. Net income for the third quarter of 2015 was $5.93 million, down $214 thousand, or 3.5%, from net income of $6.15 million for the third quarter of 2014. The slight decline is attributable in part to the sale of investment securities during last year's third quarter, which generated a gain of $82 thousand, net of tax. Net income for the first nine months of 2015 was up $1.1 million, or 6.5%, from the... More