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


Arrow Financial's Gross Profit Margin by quarter

Trends, Rankings, Statistics



AROW Gross Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -10.36 % -10.71 % -11.56 % -5.68 % 6.14 %
Seq. Revenue Change -1.44 % 4.16 % -4.48 % -8.58 % -1.83 %
Revenue In Millions $32.57 $33.05 $31.73 $33.22 $36.34
Gross Profit Margin 62.49 % 62.66 % 59.07 % 59.36 % 64.19 %
Gross Profit Margin Total Ranking # 1327 # 1989 # 2237 # 2243 # 2344
Gross Profit In Millions $20.35 $20.71 $18.74 $19.72 $23.32
Y / Y Gross Profit Change -12.73 % -9.46 % -19.51 % -14.88 % 4.88 %
Seq. Gross Profit Change -1.7 % 10.48 % -4.94 % -15.47 % 1.98 %


Commenting fourth Quarter 2023 Gross Profit Margin
Arrow Financial Corporation experienced contraction in Gross Profit by -1.7 % to $33 millions and Revenue by -1.44 %, while Gross Profit Margin fell to 62.49 %, below company's average Gross Profit Margin.

Observing fourth quarter 2023 results within Commercial Banks industry 44 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1327, from total ranking in previous quarter at 1989.
Learn about Gross Margin
AROW's Gross Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Commercial Banks Industry # 45
Financial Sector # 421
Overall # 1326

Gross Profit Margin Statistics
High Average Low
123.33 % 66 % 52.9 %
(Dec 31 2016)   (Mar 31 2020)




Other Gross Profit Margin Profitability Ratios
AROW's Cumulative Gross Profit Margin
Commercial Banks Industry Gross Profit Margin Trends and Statistics
Financial Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
AROW's Gross Profit Margin Profitability versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for AROW's Competitors
Gross Profit Margin Profit Margin for Arrow Financial's Suppliers
Gross Profit Margin Profit Margin for AROW's Customers

You may also want to know
AROW's Annual Growth Rates AROW's Profitability Ratios AROW's Asset Turnover Ratio AROW's Dividend Growth
AROW's Roe AROW's Valuation Ratios AROW's Financial Strength Ratios AROW's Gross Profit Growth
AROW's Roa AROW's Inventory Turnover Ratio AROW's Growth Rates AROW's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Dec 31 2023, within Commercial Banks Industry Gross Profit MarginDec 31 2023 MRQ Gross ProfitDec 31 2023 MRQ Revenue
Jpmorgan Chase and Co  107.71 %$ 38,574.000 $ 35,812.000 
Wells Fargo and Company  106.68 %$ 20,478.000 $ 19,196.000 
First Commonwealth Financial Corp  103.95 %$ 126.716 $ 121.899 
Sandy Spring Bancorp Inc   102.17 %$ 103.904 $ 101.701 
Pnc Financial Services Group Inc  98.62 %$ 5,287.000 $ 5,361.000 
Evans Bancorp Inc   98.21 %$ 31.638 $ 32.216 
Bank Of America Corporation  97.93 %$ 21,504.000 $ 21,959.000 
Citigroup inc  97.84 %$ 17,063.000 $ 17,440.000 
First Financial Ban corp   97.64 %$ 186.031 $ 190.528 
First Merchants Corporation  97.32 %$ 150.860 $ 155.007 
Bok Financial Corp  97.05 %$ 480.929 $ 495.558 
American National Bankshares Inc   96.08 %$ 23.008 $ 23.946 
Oceanfirst Financial Corp   95.58 %$ 92.267 $ 96.532 
Old National Bancorp  95.05 %$ 430.499 $ 452.907 
Farmers and Merchants Bancorp  94.61 %$ 50.951 $ 53.851 
National Bank Holdings Corp  94.48 %$ 95.420 $ 100.995 
First United Corporation  94.19 %$ 13.548 $ 14.384 
Fnb Corp  93.83 %$ 304.000 $ 324.000 
Consumers Bancorp Inc  93.49 %$ 8.303 $ 8.881 
Webster Financial Corporation  93.12 %$ 557.660 $ 598.836 
Keycorp  90.69 %$ 1,296.000 $ 1,429.000 
First Horizon Corp  90.13 %$ 676.000 $ 750.000 
Huntington Bancshares Incorporated  89.03 %$ 1,420.000 $ 1,595.000 
Fidelity D and D Bancorp Inc  88.77 %$ 11.461 $ 12.911 
Hawthorn Bancshares Inc   88.13 %$ 14.495 $ 16.447 
Alerus Financial Corporation  87.96 %$ 18.328 $ 20.836 
Truist Financial Corporation  87.63 %$ 4,492.000 $ 5,126.000 
Us Bancorp De  86.85 %$ 5,401.000 $ 6,219.000 
Westamerica Bancorporation  84.87 %$ 68.209 $ 80.365 
Lcnb Corp   82.27 %$ 14.024 $ 17.047 




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