AROW
Income statement / Annual
Last year (2024), Arrow Financial Corporation's total revenue was $223.07 M,
an increase of 16.37% from the previous year.
In 2024, Arrow Financial Corporation's net income was $29.71 M.
See Arrow Financial Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$223.07 M |
$191.68 M |
$160.55 M |
$147.92 M |
$144.55 M |
$138.31 M |
$125.45 M |
$112.30 M |
$104.75 M |
$98.86 M |
| Cost of Revenue |
$88.44 M
|
$61.11 M
|
$16.11 M
|
$5.47 M
|
$22.01 M
|
$23.79 M
|
$15.09 M
|
$9.74 M
|
$7.39 M
|
$6.16 M
|
| Gross Profit |
$134.63 M
|
$130.57 M
|
$144.44 M
|
$142.45 M
|
$122.54 M
|
$114.53 M
|
$110.36 M
|
$102.56 M
|
$97.36 M
|
$92.70 M
|
| Gross Profit Ratio |
0.6
|
0.68
|
0.9
|
0.96
|
0.85
|
0.83
|
0.88
|
0.91
|
0.93
|
0.94
|
| 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 |
$55.48 M
|
$49.72 M
|
$48.18 M
|
$45.84 M
|
$44.79 M
|
$40.44 M
|
$41.43 M
|
$40.36 M
|
$43.24 M
|
$40.84 M
|
| Selling & Marketing Expenses |
$1.25 M
|
$1.17 M
|
$1.19 M
|
$1.08 M
|
$1.14 M
|
$1.24 M
|
$1.08 M
|
$1.04 M
|
$1.08 M
|
$965.00 K
|
| Selling, General & Administrative Expenses |
$56.74 M
|
$50.89 M
|
$49.37 M
|
$46.92 M
|
$45.93 M
|
$41.68 M
|
$42.52 M
|
$41.39 M
|
$44.32 M
|
$41.80 M
|
| Other Expenses |
$40.53 M
|
$42.16 M
|
$32.16 M
|
$31.13 M
|
$24.74 M
|
$25.77 M
|
$22.54 M
|
$21.31 M
|
$15.29 M
|
$15.63 M
|
| Operating Expenses |
$97.27 M
|
$93.05 M
|
$81.53 M
|
$78.05 M
|
$70.68 M
|
$67.45 M
|
$65.06 M
|
$62.71 M
|
$59.61 M
|
$57.43 M
|
| Cost And Expenses |
$185.71 M
|
$154.16 M
|
$97.64 M
|
$83.52 M
|
$92.69 M
|
$91.24 M
|
$80.15 M
|
$72.45 M
|
$67.00 M
|
$63.59 M
|
| Interest Income |
$194.99 M
|
$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
|
| Interest Expense |
$83.26 M
|
$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
|
| Depreciation & Amortization |
$5.36 M
|
$6.72 M
|
$7.55 M
|
$7.83 M
|
$6.87 M
|
$5.50 M
|
$4.75 M
|
$5.40 M
|
$5.94 M
|
$6.29 M
|
| EBITDA |
$42.72 M |
$44.24 M |
$70.46 M |
$72.23 M |
$58.73 M |
$52.58 M |
$50.06 M |
$45.25 M |
$43.69 M |
$41.57 M |
| EBITDA Ratio |
0.19
|
0.23
|
0.44
|
0.49
|
0.41
|
0.38
|
0.4
|
0.4
|
0.42
|
0.42
|
| Operating Income Ratio |
0.17
|
0.2
|
0.39
|
0.44
|
0.36
|
0.34
|
0.36
|
0.35
|
0.36
|
0.36
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$37.36 M
|
$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
|
| Income Before Tax Ratio |
0.17
|
0.2
|
0.39
|
0.44
|
0.36
|
0.34
|
0.36
|
0.35
|
0.36
|
0.36
|
| Income Tax Expense |
$7.65 M
|
$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
|
| Net Income |
$29.71 M
|
$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
|
| Net Income Ratio |
0.13
|
0.16
|
0.3
|
0.34
|
0.28
|
0.27
|
0.29
|
0.26
|
0.25
|
0.25
|
| EPS |
1.78 |
1.77 |
2.87 |
2.93 |
2.42 |
2.23 |
2.24 |
1.82 |
1.66 |
1.56 |
| EPS Diluted |
1.77 |
1.77 |
2.86 |
2.92 |
2.41 |
2.22 |
2.22 |
1.81 |
1.65 |
1.55 |
| Weighted Average Shares Out |
$16.74 M
|
$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
|
| Weighted Average Shares Out Diluted |
$16.75 M
|
$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
|
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