Arrow Reports $12.0 million in Q2 Net Income, Loan Growth of $108 Million
Arrow Financial Corporation (AROW)
Last arrow financial corporation earnings: 4/24 07:32 am
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US:NASDAQ Investor Relations:
arrowfinancial.com/shareholders/investor-faqs
Company Research
Source: PR Newswire
GLENS FALLS, N.Y., July 27, 2022 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) announced financial results for the three-month period ended June 30, 2022. Net income for the second quarter of 2022 was $12.0 million and diluted earnings per share was $0.75.Loan growth was strong in the second quarter of 2022, with gross loans increasing by $108 million. Excluding Paycheck Protection Program (PPP) loans, which decreased by $17 million, loans grew by $125 million in the quarter."Arrow had a strong second quarter with total loan balances at June 30, 2022 reaching a record high," said Arrow President and CEO Thomas J. Murphy. "I commend the Arrow Team for their outstanding efforts and strong work ethic. While economic challenges are expected this year, I am confident in our direction as a Company and our ability to deliver strong results for our shareholders, our customers and our communities."For the second quarter of 2022, net income was $12.0 million compared to $13.3 m
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AROW
News
- Institutions own 37% of Arrow Financial Corporation (NASDAQ:AROW) shares but individual investors control 50% of the company [Yahoo! Finance]Yahoo! Finance
- Arrow Financial Full Year 2023 Earnings: Revenues Disappoint [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
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- AROW's page on the SEC website