Arrow Financial Corporation

NasdaqGS AROW

Arrow Financial Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2024: USD 198.74 M

Arrow Financial Corporation Gross Profit is USD 198.74 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 43.40% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Arrow Financial Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 138.60 M, a -5.26% change year over year.
  • Arrow Financial Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 146.29 M, a 1.95% change year over year.
  • Arrow Financial Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 143.49 M, a 13.61% change year over year.
  • Arrow Financial Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 126.30 M, a 9.77% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NasdaqGS: AROW

Arrow Financial Corporation

CEO Mr. David S. DeMarco
IPO Date Sept. 18, 1980
Location United States
Headquarters 250 Glen Street
Employees 560
Sector Real Estate
Industries
Description

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals; and pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. The company operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. It owns 26 branch banking offices; and leases 12 branch banking offices, as well as two residential loan origination offices. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

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StockViz Staff

January 15, 2025

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