Arrow Financial (AROW) Tops Q3 EPS by 13c

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Arrow Reports Q3 2023 Net Income of $7.7 Million and Earnings per Share of $0.46, Loans of $3.1 Billion on 9% Annualized Loan Growth

October 24, 2023 7:45 AM EDT

GLENS FALLS, N.Y., Oct. 24, 2023 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® AROW) ("Arrow") announced financial results for the three-month period ended September 30, 2023. Net income for the third quarter of 2023 was $7.7 million and fully diluted earnings per share was $0.46. Nonperforming assets decreased $0.2 million in the third quarter to 0.16% of assets, with the allowance for credit losses... More