Arrow Financial: Q1 Earnings Snapshot

April 26, 2022 GMT

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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AROW at https://www.zacks.com/ap/AROW