Arrow Financial: Q1 Earnings Snapshot
GLENS FALLS, N.Y. (AP) _ Arrow Financial Corp. (AROW) on Tuesday reported first-quarter profit of $12.6 million.
The Glens Falls, New York-based bank said it had earnings of 78 cents per share.
The bank holding company posted revenue of $37.1 million in the period. Its revenue net of interest expense was $36 million, beating Street forecasts.
Arrow Financial shares have dropped 11% since the beginning of the year. The stock has declined slightly more than 6% in the last 12 months.