AROW
Income statement / Annual
Last year (2023), Arrow Financial Corporation's total revenue was $130.57 M,
a decrease of 12.51% from the previous year.
In 2023, Arrow Financial Corporation's net income was $30.08 M.
See Arrow Financial Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$130.57 M
|
$149.24 M
|
$142.72 M
|
$131.86 M
|
$116.60 M
|
$112.97 M
|
$105.30 M
|
$99.39 M
|
$94.05 M
|
$89.41 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$130.57 M |
$149.24 M |
$142.72 M |
$131.86 M |
$116.60 M |
$112.97 M |
$105.30 M |
$99.39 M |
$94.05 M |
$89.41 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$49.72 M
|
$48.18 M
|
$45.84 M
|
$43.12 M
|
$38.56 M
|
$39.67 M
|
$38.06 M
|
$35.41 M
|
$34.25 M
|
$32.06 M
|
| Selling & Marketing
Expenses |
$1.17 M
|
$1.19 M
|
$1.08 M
|
$1.14 M
|
$1.24 M
|
$1.08 M
|
$1.04 M
|
$1.08 M
|
$965,000.00
|
$886,000.00
|
| Selling, General &
Administrative Expenses |
$73.00 M
|
$48.18 M
|
$45.84 M
|
$43.12 M
|
$38.56 M
|
$39.67 M
|
$38.06 M
|
$35.41 M
|
$34.25 M
|
$32.06 M
|
| Other Expenses |
$0.00 |
-$130.75 M |
-$124.16 M |
-$123.12 M |
-$108.09 M |
-$104.22 M |
-$142.43 M |
-$133.68 M |
-$126.95 M |
-$120.23 M |
| Operating Expenses |
$133.95 M |
-$82.57 M |
-$78.32 M |
-$80.00 M |
-$69.53 M |
-$55.18 M |
-$104.37 M |
-$98.28 M |
-$92.70 M |
-$88.17 M |
| Cost And Expenses |
$73.00 M |
-$82.57 M |
-$78.32 M |
-$80.00 M |
-$69.53 M |
-$55.18 M |
-$104.37 M |
-$98.28 M |
-$92.70 M |
-$88.17 M |
| Interest Income |
$162.56 M |
$129.65 M |
$115.55 M |
$111.90 M |
$109.76 M |
$96.50 M |
$84.66 M |
$76.92 M |
$70.74 M |
$66.86 M |
| Interest Expense |
$57.73 M |
$11.31 M |
$5.20 M |
$12.69 M |
$21.71 M |
$12.49 M |
$7.01 M |
$5.36 M |
$4.81 M |
$5.77 M |
| Depreciation &
Amortization |
$6.72 M
|
$7.55 M
|
$7.83 M
|
$3.31 M
|
$2.46 M
|
$2.15 M
|
$2.20 M
|
$2.23 M
|
$6.29 M
|
$7.04 M
|
| EBITDA |
$0.00
|
$70.46 M
|
$72.23 M
|
$58.73 M
|
$52.58 M
|
$50.06 M
|
$45.25 M
|
$43.69 M
|
$0.00
|
$0.00
|
| EBITDA Ratio |
0 |
0.5 |
0.51 |
0.45 |
0.45 |
0.55 |
0.5 |
0.49 |
0.49 |
0.52 |
| Operating Income Ratio
|
0.02
|
0.45
|
0.45
|
0.39
|
0.4
|
0.51
|
0.01
|
0.01
|
0.01
|
0.01
|
| Total Other
Income/Expenses Net |
$35.08 M
|
-$11.02 M
|
-$11.48 M
|
-$8.89 M
|
-$9.35 M
|
-$8.87 M
|
-$8.61 M
|
-$14.49 M
|
-$14.13 M
|
-$13.21 M
|
| Income Before Tax |
$37.52 M |
$62.91 M |
$64.40 M |
$51.86 M |
$47.08 M |
$45.31 M |
$39.86 M |
$37.75 M |
$35.27 M |
$33.53 M |
| Income Before Tax Ratio
|
0.29
|
0.42
|
0.45
|
0.39
|
0.4
|
0.4
|
0.38
|
0.38
|
0.38
|
0.38
|
| Income Tax Expense |
$7.45 M |
$14.11 M |
$14.55 M |
$11.04 M |
$9.60 M |
$9.03 M |
$10.53 M |
$11.22 M |
$10.61 M |
$10.17 M |
| Net Income |
$30.08 M |
$48.80 M |
$49.86 M |
$40.83 M |
$37.48 M |
$36.28 M |
$29.33 M |
$26.53 M |
$24.66 M |
$23.36 M |
| Net Income Ratio |
0.23 |
0.33 |
0.35 |
0.31 |
0.32 |
0.32 |
0.28 |
0.27 |
0.26 |
0.26 |
| EPS |
1.77 |
2.87 |
2.93 |
2.42 |
2.23 |
2.24 |
1.82 |
1.66 |
1.56 |
1.48 |
| EPS Diluted |
1.77 |
2.86 |
2.92 |
2.41 |
2.22 |
2.22 |
1.81 |
1.65 |
1.55 |
1.47 |
| Weighted Average Shares
Out |
$17.04 M
|
$17.01 M
|
$16.99 M
|
$16.90 M
|
$16.82 M
|
$16.22 M
|
$16.11 M
|
$15.99 M
|
$15.86 M
|
$15.81 M
|
| Weighted Average Shares
Out Diluted |
$17.04 M
|
$17.06 M
|
$17.05 M
|
$16.91 M
|
$16.86 M
|
$16.31 M
|
$16.21 M
|
$16.09 M
|
$15.92 M
|
$15.85 M
|
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