Arrow Financial Full Year 2023 Earnings: Revenues Disappoint [Yahoo! Finance]
Arrow Financial Corporation (AROW)
Last arrow financial corporation earnings: 4/24 07:32 am
Check Earnings Report
US:NASDAQ Investor Relations:
arrowfinancial.com/shareholders/investor-faqs
Company Research
Source: Yahoo! Finance
Net income: US$30.1m (down 38% from FY 2022). Profit margin: 23% (down from 34% in FY 2022). The decrease in margin was primarily driven by lower revenue. EPS: US$1.77 (down from US$2.87 in FY 2022). AROW Banking Performance Indicators Net interest margin (NIM): 2.67% (down from 3.06% in FY 2022). Cost-to-income ratio: 69.9% (up from 54.6% in FY 2022). Non-performing loans: 0.66% (up from 0.40% in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period Arrow Financial Revenues Disappoint Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) was mostly in line with analyst estimates. In the last 12 months, the only revenue segment was Community Banking contributing US$130.6m. The largest operating expense was General & Administrative costs, amounting to US$71.8m (71% of total expenses). Explore how AROW's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 8.7% p.a. on average during t
Show less
Read more
Impact Snapshot
Event Time:
AROW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AROW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AROW alerts
High impacting Arrow Financial Corporation news events
Weekly update
A roundup of the hottest topics
AROW
News
- Arrow Financial Co. (NASDAQ: AROW) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Institutions own 37% of Arrow Financial Corporation (NASDAQ:AROW) shares but individual investors control 50% of the company [Yahoo! Finance]Yahoo! Finance
- Arrow Announces Acquisition of Whitehall, N.Y. BranchPR Newswire
- Berkshire Hills Bancorp agrees to sell 10 branches in New York [Seeking Alpha]Seeking Alpha
- Arrow Financial Insiders Added US$781.6k Of Stock To Their Holdings [Yahoo! Finance]Yahoo! Finance
AROW
Earnings
- 2/1/24 - Miss
AROW
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- AROW's page on the SEC website