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Arrow Financial Corporation  (AROW)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial


 

Arrow Financial Corporation

AROW's Financial Statements and Analysis



Arrow Financial Corporation reported in the forth quarter of 2023 net earnings per share of $0.42 a decrease by -37.65 % year on year from $0.67 and decline of -9.12 % from $0.46 earned in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.42 $  33 Mill
$-0.25     -37.65 % $-4M     -10.36 %



Arrow Financial's Revenue fell by -10.36 % in forth quarter of 2023 (Dec 31 2023) year on year, to $33 million and declined by -1.44 % sequentially.


Arrow Financial is Expected to report next financial results on July 16, 2024.

More on AROW's Income Statement



Arrow Financial's net income of $17.105 million in the forth quarter of 2023 decreased by -38.09 % from net earnings of $27.630 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -1.2 % from net income of $17.313 million realized in previous quarter.

More on AROW's Growth

Arrow Financial Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-152 million, capital expenditures grew by -3.337-81.81%, to $-1 millions compare to same quarter a year ago

More on AROW's Cash flow Statement


Arrow Financial Corporation payed out dividend of $1.07 per share in last 52 weeks representing 60.80 % of net earning per share in trailing twelve-month period.

During the same period Arrow Financial Corporation earned $ 1.21 cash per share, on a free-cash flow basis 68.82 % of net earning per share.

Book value grew by 5.85 % sequentially to $22.35 per share, 55.66% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.00 per share from $ 19.76.

Company repurchased 0.06 million shares or 0.34 % in Dec 31 2023.
Interest Coverage Ratio was 2.3. Debt Coverage Ratio was 4.62.

More on AROW's Dividends

 Market Capitalization (Millions) 403
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) 20
 Revenue (TTM) (Millions $) 131
 Net Income (TTM) (Millions $) 68
 Cash Flow (TTM) (Millions $) 78
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 1.07 $
 Dividend Yield TTM (%) 4.55 %
 Employees (TTM) $ 511




Arrow Financial Corporation payed out dividend of $1.07 per share in the last 52 weeks representing 60.80 % of net earning per share in trailing twelve-month period.

During the same period Arrow Financial Corporation had $ 1.21 cash flow per share, on a free-cash flow basis 68.82 % of net earning per share.

Book value grew by 5.85 % sequentially to $22.35 per share, 55.66% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.00 per share from $ 19.76.

Company repurchased 0.06 million shares or 0.34 % in Dec 31 2023.
Interest Coverage Ratio was 2.3. Debt Coverage Ratio was 4.62.

More on AROW's Balance Sheets

 Market Capitalization (Millions) 403
 Shares Outstanding (Millions) 17
 Total Debt (Millions $) 20
 Revenue (TTM) (Millions $) 131
 Net Income (TTM) (Millions $) 68
 Cash Flow (TTM) (Millions $) 78
 Capital Exp. (TTM) (Millions $) -7
 Dividend TTM ($) 1.07 $
 Dividend Yield TTM (%) 4.55 %
 Employees (TTM) $ 511
   


  News about Arrow Financial Corporation Earnings

Arrow Financial Corporation Struggles with Weak Sales, Faces Steep Decline in EPS for Q3 2023

Over the past week, Arrow Financial Corporation has experienced a decline in its share price of -2.65%. This drop contributes to a year-to-date performance decrease of -31.84% for the company. However, it is worth noting that Arrow Financial Corporation shares still trade 39.1% above their 52-week low.
In the most recent fiscal period, Arrow Financial Corporation, also known as AROW, reported disappointing financial results. The company witnessed a decrease of -37.84% in income per share and a -10.71% decline in revenue year-on-year. The revenue for this period amounted to $33.05 million compared to $37.01 million in the previous year. Additionally, the earnings per share (EPS) dropped from $0.74 to $0....

Arrow Financial Corporation Faces Dire Financial Crisis as Revenue Plunges by Record-Breaking -11.559% in Q2 2023



Arrow Financial Corporation, a leading commercial bank, recently reported concerning financial results for the second quarter of 2023. The company experienced a significant drop in both its top and bottom lines, marking a departure from the positive trend observed within the commercial banking sector. This article aims to analyze the implications of these results and discuss their potential impact on the company's future.
Key Findings:
1. A 52% plunge in earnings per share (EPS): Arrow Financial Corporation's EPS plummeted from $0.75 in the second quarter of the previous year to just $0.36 in the same period of 2023. This sharp decline may raise concerns among investors and analysts, indica...

Sharp Plunge in EPS: Arrow Financial Corporation Witnesses Profound 33% Drop for Q1 2023



Arrow Financial Corporation has witnessed a steady increase in its shares over the past month and 12 months, indicating positive investor sentiment. However, a closer look at the company's financial results for the period ending March 31, 2023, presents a more nuanced picture. This article aims to analyze the key factors contributing to the recent drop in earnings, revenue, and profitability for Arrow Financial Corporation, and speculate on their potential impact on the company's future prospects.
1. Declining Earnings and Revenue:
The financial period ending March 31, 2023, witnessed a significant dip in the company's earnings per share (EPS), which dropped by -33.33% to $0.52 compared to ...


Date modified: 2024-03-11T21:20:17+00:00





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